Gross fixed capital formation, private sector in Turkey
Turkey: Gross fixed capital formation, private sector was 5.98 billion current LCU in 1997. ◆ Volatile
Gross fixed capital formation, private sector in Turkey, 1987–1997
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 1997, gross fixed capital formation, private sector in Turkey stood at 5.98 billion current LCU. That is the highest value across all 11 years on record.
The figure is up 98.1% on the previous year and up 55,386.4% over ten years.
Over the whole period, gross fixed capital formation, private sector in Turkey peaked at 5.98 billion current LCU in 1997 and was at its lowest, 10.78 million current LCU, in 1987.
Turkey ranks 81st of 105 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 22.44 million current LCU | 10.78 million current LCU | 34.41 million current LCU | 3 |
| 1990s | 1.50 billion current LCU | 61.39 million current LCU | 5.98 billion current LCU | 8 |
Countries ranked near Turkey
More economy & growth data for Turkey
- DEC alternative conversion factor 39.45 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -21.38 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -542.00 million current US$ (2025)
- Taxes less subsidies on products 7.15 trillion current LCU (2025)
- Taxes less subsidies on products 181.18 billion current US$ (2025)
- Net primary income (Net income from abroad) -917.68 billion current LCU (2025)
- Net primary income (Net income from abroad) -23.26 billion current US$ (2025)
- GNI per capita 723,152 current LCU (2025)
- GNI per capita, Atlas method 16,300 current US$ (2025)
- GNI 62.10 trillion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in Turkey?
- Gross fixed capital formation, private sector in Turkey was 5.98 billion current LCU in 1997, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Turkey?
- The highest recorded value was 5.98 billion current LCU in 1997.
- What is the lowest gross fixed capital formation, private sector recorded in Turkey?
- The lowest recorded value was 10.78 million current LCU in 1987.
- How does Turkey rank for gross fixed capital formation, private sector?
- Turkey ranks 81st out of 105 countries with data for 1997.
- Is gross fixed capital formation, private sector rising or falling in Turkey?
- Over the last ten years it is up 55,386.4%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.