Turkey Gross Fixed Capital Formation
1998 - 2023 | Quarterly | USD mn | CEIC Data
Key information about Turkey Gross Fixed Capital Formation
- Turkey Gross Fixed Capital Formation was reported at 96.806 USD bn in Dec 2023.
- This records an increase from the previous number of 92.759 USD bn for Sep 2023.
- Turkey Gross Fixed Capital Formation data is updated quarterly, averaging 48.899 USD bn from Mar 1998 to Dec 2023, with 104 observations.
- The data reached an all-time high of 96.806 USD bn in Dec 2023 and a record low of 8.397 USD bn in Sep 2001.
- Turkey Gross Fixed Capital Formation data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Gross Fixed Capital Formation: USD: Quarterly.
CEIC converts quarterly Gross Fixed Capital Formation into USD. Turkish Statistical Institute provides Gross Fixed Capital Formation in local currency. The Central Bank of the Republic of Turkey average market exchange rate is used for currency conversions.
View Turkey's Gross Fixed Capital Formation from Mar 1998 to Dec 2023 in the chart:
What was Turkey's Gross Fixed Capital Formation in Dec 2023?
Turkey Gross Fixed Capital Formation was reported at 96.806 USD bn in Dec 2023. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 96,805.687 Dec 2023 | 92,759.150 Sep 2023 | 8,397.493 Sep 2001 | 96,805.687 Dec 2023 | USD mn | quarterly | Mar 1998 - Dec 2023 |
Gross Fixed Capital Formation by Country Comparison
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Includes Gross Fixed Capital Formation on 112 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 1,362.014 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Algeria (USD mn) | 57,805.181 2022 | yearly | 1957 - 2022 |
| Argentina (USD mn) | 28,405.778 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Armenia (USD mn) | 2,119.073 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| Australia (USD mn) | 105,228.236 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
| Austria (USD mn) | 31,196.604 Sep 2023 | quarterly | Mar 1988 - Sep 2023 |
| Azerbaijan (USD mn) | 3,482.294 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Bahrain (USD mn) | 9,667.798 2021 | yearly | 1975 - 2021 |
| Bangladesh (USD mn) | 139,499.409 2023 | yearly | 1980 - 2023 |
| Belarus (USD mn) | 4,914.498 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Belgium (USD mn) | 37,499.251 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Bolivia (USD mn) | 1,984.359 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
| Bosnia and Herzegovina (USD mn) | 5,420.681 2022 | yearly | 1995 - 2022 |
| Botswana (USD mn) | 1,268.731 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Brazil (USD mn) | 92,323.468 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Brunei (USD mn) | 937.985 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Bulgaria (USD mn) | 5,866.631 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Cambodia (USD mn) | 6,517.829 2022 | yearly | 1993 - 2022 |
| Canada (USD mn) | 121,522.223 Dec 2023 | quarterly | Mar 1957 - Dec 2023 |
| Chile (USD mn) | 18,539.129 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
| China (USD mn) | 7,546,959.529 2022 | yearly | 1957 - 2022 |
| Colombia (USD mn) | 16,354.660 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Croatia (USD mn) | 3,822.767 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Cyprus (USD mn) | 1,755.339 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Czech Republic (USD mn) | 22,211.808 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Denmark (USD mn) | 21,096.056 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Ecuador (USD mn) | 6,687.917 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Egypt (USD mn) | 18,817.924 Jun 2022 | quarterly | Jun 2004 - Jun 2022 |
| Estonia (USD mn) | 3,292.856 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| European Union (USD mn) | 1,032,888.736 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Finland (USD mn) | 17,304.780 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| France (USD mn) | 187,839.573 Dec 2023 | quarterly | Mar 1957 - Dec 2023 |
| Georgia (USD mn) | 1,770.522 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Germany (USD mn) | 241,374.723 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Ghana (USD mn) | 8,165.186 2023 | yearly | 2006 - 2023 |
| Greece (USD mn) | 8,210.018 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Hong Kong SAR, China (USD mn) | 16,973.231 Dec 2023 | quarterly | Mar 1973 - Dec 2023 |
| Hungary (USD mn) | 15,853.095 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Iceland (USD mn) | 1,827.540 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| India (USD mn) | 266,278.187 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
| Indonesia (USD mn) | 103,754.964 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Iran (USD mn) | 221,942.323 Sep 2023 | quarterly | Jun 1988 - Sep 2023 |
| Ireland (USD mn) | 44,845.630 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Israel (USD mn) | 25,645.843 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Italy (USD mn) | 121,177.048 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Ivory Coast (USD mn) | 21,489.169 2023 | yearly | 1960 - 2023 |
| Japan (USD mn) | 262,182.185 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Jordan (USD mn) | 7,821.792 2022 | yearly | 1963 - 2022 |
| Kazakhstan (USD mn) | 18,481.067 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
| Kenya (USD mn) | 21,229.734 2022 | yearly | 1964 - 2022 |
| South Korea (USD mn) | 135,794.261 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
| Kosovo (USD mn) | 797.301 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Kuwait (USD mn) | 29,731.557 2019 | yearly | 1963 - 2019 |
| Kyrgyzstan (USD mn) | 842.081 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Latvia (USD mn) | 2,477.852 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Lebanon (USD mn) | 7,910.272 2020 | yearly | 1997 - 2020 |
| Lithuania (USD mn) | 4,701.101 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Luxembourg (USD mn) | 4,061.387 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Macau SAR, China (USD mn) | 1,735.047 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| North Macedonia (USD mn) | 3,225.585 2022 | yearly | 1990 - 2022 |
| Malawi (USD mn) | 943.616 2019 | yearly | 1973 - 2019 |
| Malaysia (USD mn) | 18,903.281 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Malta (USD mn) | 994.135 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Mauritius (USD mn) | 1,004.557 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Mexico (USD mn) | 110,636.546 Jun 2023 | quarterly | Mar 1993 - Jun 2023 |
| Moldova (USD mn) | 908.295 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Mongolia (USD mn) | 1,651.526 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Montenegro (USD mn) | 379.232 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Morocco (USD mn) | 38,591.137 2021 | yearly | 1957 - 2021 |
| Mozambique (USD mn) | 3,242.242 2020 | yearly | 1991 - 2020 |
| Nepal (USD mn) | 10,374.829 2023 | yearly | 2001 - 2023 |
| Netherlands (USD mn) | 56,576.590 Dec 2023 | quarterly | Mar 1988 - Dec 2023 |
| New Zealand (USD mn) | 15,258.223 Dec 2023 | quarterly | Jun 1987 - Dec 2023 |
| Nigeria (USD mn) | 35,279.191 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Norway (USD mn) | 28,730.975 Dec 2023 | quarterly | Mar 1978 - Dec 2023 |
| Oman (USD mn) | 25,222.984 2022 | yearly | 1975 - 2022 |
| Pakistan (USD mn) | 40,693.096 2023 | yearly | 2000 - 2023 |
| Palestinian Territory (USD mn) | 822.100 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Panama (USD mn) | 21,821.981 2021 | yearly | 1996 - 2021 |
| Paraguay (USD mn) | 2,184.169 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Peru (USD mn) | 17,835.054 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Philippines (USD mn) | 27,000.527 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Poland (USD mn) | 52,841.361 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Portugal (USD mn) | 14,113.960 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Qatar (USD mn) | 72,777.862 2022 | yearly | 1994 - 2022 |
| Romania (USD mn) | 26,363.164 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Russia (USD mn) | 157,442.447 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Saudi Arabia (USD mn) | 75,442.887 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Serbia (USD mn) | 5,020.454 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Singapore (USD mn) | 28,787.343 Dec 2023 | quarterly | Mar 1975 - Dec 2023 |
| Slovakia (USD mn) | 9,374.867 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Slovenia (USD mn) | 3,952.060 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| South Africa (USD mn) | 14,256.535 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
| Spain (USD mn) | 78,813.754 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Sri Lanka (USD mn) | 3,457.087 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Sudan (USD mn) | 1,125.340 2022 | yearly | 1976 - 2022 |
| Sweden (USD mn) | 38,577.914 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Switzerland (USD mn) | 56,891.623 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Taiwan (USD mn) | 44,708.909 Dec 2023 | quarterly | Dec 1983 - Dec 2023 |
| Tajikistan (USD mn) | 2,857.435 2021 | yearly | 1993 - 2021 |
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Includes 249 key indicators for Turkey, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.3 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | -7,844.487 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Tax Revenue (USD mn) | 13,220.533 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Tax Revenue: % of GDP (%) | 18.0 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| National Government Debt (USD mn) | 254,513.1 2022 | yearly | 2001 - 2022 |
| Government Debt: % of GDP (%) | 29.5 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
| Forecast: Government Expenditure (TRY bn) | 62,930.420 2028 | yearly | 2000 - 2028 |
| Forecast: Government Net Debt (TRY bn) | 60,762.080 2028 | yearly | 2000 - 2028 |
| Forecast: Government Revenue (TRY bn) | 56,428.620 2028 | yearly | 2000 - 2028 |
| General Budget: Expenditure (TRY mn) | 685,109.740 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
| General Budget: Cash Balance (TRY mn) | -166,778.310 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
| General Budget: Revenue (TRY mn) | 518,331.430 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 39,280,820.339 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 1,535,309,409.705 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| General Budget: ytd: Balance (TRY th) | -425,406,259.047 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 701,496,210.599 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| General Budget: ytd: Revenue: Tax (TRY th) | 923,492,012.994 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| General Budget: ytd: Revenue (TRY th) | 1,109,903,150.658 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 224,813,506.044 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Central Government Debt: External (TRY mn) | 538,505.357 Mar 2019 | monthly | Jan 2002 - Mar 2019 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.230 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -8,483.7 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Total Exports (USD mn) | 14,265.9 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Exports Growth (%) | 0.9 May 2023 | monthly | Jan 2014 - May 2023 |
| Aluminum: Exports (USD th) | 5,241,090.145 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 1,290,644.710 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 651,764.672 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 17,684.5 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Imports Growth (%) | 6.5 May 2023 | monthly | Jan 2014 - May 2023 |
| Imports: Medicament (USD th) | 2,306,593.258 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,692,489.997 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 1,332.448 Feb 2024 | monthly | Apr 1964 - Feb 2024 |
| Total Imports from USA (USD mn) | 1,337.223 Feb 2024 | monthly | Apr 1964 - Feb 2024 |
| Total Exports to China (USD mn) | 252.828 Feb 2024 | monthly | Jan 2013 - Feb 2024 |
| Total Imports from China (USD mn) | 3,434.292 Feb 2024 | monthly | Sep 1992 - Feb 2024 |
| Trade Balance: USD (USD mn) | -2,136.727 Mar 2019 | monthly | Jan 1969 - Mar 2019 |
| Natural Gas: Annual: Production (Cub m mn) | 408.017 2022 | yearly | 1976 - 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.5 Feb 2024 | monthly | Jan 2003 - Feb 2024 |
| Household Debt: % of GDP (%) | 11.7 Sep 2023 | quarterly | Dec 2014 - Sep 2023 |
| Non-Performing Loans (USD mn) | 6,290.680 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Money Supply M1 (USD mn) | 164,594.042 Feb 2024 | monthly | Dec 1963 - Feb 2024 |
| Money Supply M2 (USD mn) | 450,114.582 Feb 2024 | monthly | Dec 1976 - Feb 2024 |
| M2 Growth (%) | 62.1 Feb 2024 | monthly | Dec 1977 - Feb 2024 |
| Reserve Requirement Ratio (%) | 8.0 Mar 2024 | monthly | Jan 2011 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 71,600.0 Feb 2024 | monthly | Apr 2000 - Feb 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 7.776 Dec 2023 | quarterly | Jun 2000 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.6 Feb 2024 | monthly | Apr 2000 - Feb 2024 |
| Gold Reserves (USD mn) | 48,378.000 Jan 2024 | monthly | Dec 1956 - Jan 2024 |
| Total Deposits (USD mn) | 486,028.613 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Total Deposits Growth (%) | 60.4 Feb 2024 | monthly | Dec 2003 - Feb 2024 |
| Domestic Credit (USD mn) | 519,194.2 Feb 2024 | monthly | Jan 1986 - Feb 2024 |
| Domestic Credit Growth (%) | 58.0 Feb 2024 | monthly | Jan 1987 - Feb 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 23.000 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
| Credit to Households (USD bn) | 93.089 Sep 2023 | quarterly | Mar 1986 - Sep 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 512.544 Sep 2023 | quarterly | Mar 1986 - Sep 2023 |
| Household Debt (USD mn) | 89,667.2 Feb 2024 | monthly | Jan 1986 - Feb 2024 |
| Total Loans (USD mn) | 324,417.133 Feb 2024 | monthly | Jan 1986 - Feb 2024 |
| Total Loans Growth (%) | 53.42 Feb 2024 | monthly | Jan 1987 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 33.94 Dec 2023 | quarterly | Dec 1998 - Dec 2023 |
| Money Supply: M3 (TRY th) | 14,588,900,986.000 Feb 2024 | monthly | Dec 2005 - Feb 2024 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 1.545 Feb 2024 | monthly | Jan 2003 - Feb 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -0.6 Mar 2024 | monthly | Jan 2008 - Mar 2024 |
| Composite Leading Indicator Index: Trend Restored (NA) | 392.630 Feb 2024 | monthly | Dec 1987 - Feb 2024 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 103.500 Mar 2024 | monthly | Jan 2007 - Mar 2024 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 113.301 Mar 2024 | monthly | Jan 2011 - Mar 2024 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 120.433 Mar 2024 | monthly | Jan 2011 - Mar 2024 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 88.554 Mar 2024 | monthly | Jan 2011 - Mar 2024 |
More Indicators for Turkey
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