Gross Fixed Capital Formation in Turkey decreased to 112751272.30 TRY THO in the first quarter of 2021 from 133971217.30 TRY THO in the fourth quarter of 2020. source: Turkish Statistical Institute

Gross Fixed Capital Formation in Turkey averaged 69470995.58 TRY THO from 1996 until 2021, reaching an all time high of 138491375.10 TRY THO in the fourth quarter of 2017 and a record low of 82266.40 TRY THO in the first quarter of 1996. This page provides the latest reported value for - Turkey Gross Fixed Capital Formation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Gross Fixed Capital Formation - values, historical data and charts - was last updated on June of 2021.

Gross Fixed Capital Formation in Turkey is expected to be 113351873.00 TRY THO by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross Fixed Capital Formation in Turkey to stand at 141339634.00 in 12 months time. In the long-term, the Turkey Gross Fixed Capital Formation is projected to trend around 146999114.00 TRY THO in 2022 and 153761074.00 TRY THO in 2023, according to our econometric models.

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Turkey Gross Fixed Capital Formation

Actual Previous Highest Lowest Dates Unit Frequency
112751272.30 133971217.30 138491375.10 82266.40 1996 - 2021 TRY THO Quarterly
Constant Prices 2009, NSA

Turkey GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.70 1.70 15.90 -11.00 percent [+]
GDP Annual Growth Rate 7.00 5.90 11.70 -14.40 percent [+]
GDP 754.41 771.35 950.58 7.99 USD Billion [+]
GDP Constant Prices 434359403.50 512715333.10 512715333.10 148486309.20 TRY THO [+]
Gross Fixed Capital Formation 112751272.30 133971217.30 138491375.10 82266.40 TRY THO [+]
GDP per capita 14999.00 15069.00 15069.00 3134.80 USD [+]
GDP per capita PPP 28167.40 28298.90 28298.90 12599.40 USD [+]
GDP From Agriculture 11976981.00 26744472.00 61418883.00 6480266.00 TRY THO [+]
GDP From Construction 24993583.80 25691275.70 36195914.40 5582784.30 TRY THO [+]
GDP From Manufacturing 79009206.90 84786842.20 84786842.20 23491042.00 TRY THO [+]
GDP From Public Administration 50183550.67 51468251.67 51468251.67 21779242.77 TRY THO [+]
GDP From Services 98509559.10 122923198.60 122923198.60 35367503.20 TRY THO [+]