Gross Fixed Capital Formation in Turkey increased to 101283418.30 TRY THO in the second quarter of 2020 from 101251373.40 TRY THO in the first quarter of 2020. source: Turkish Statistical Institute

Gross Fixed Capital Formation in Turkey averaged 67748049.07 TRY THO from 1996 until 2020, 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 November of 2020.

Gross Fixed Capital Formation in Turkey is expected to be 116575887.00 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 107461707.00 in 12 months time. In the long-term, the Turkey Gross Fixed Capital Formation is projected to trend around 122521257.00 TRY THO in 2021 and 128157235.00 TRY THO in 2022, according to our econometric models.

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Turkey Gross Fixed Capital Formation

Actual Previous Highest Lowest Dates Unit Frequency
101283418.30 101251373.40 138491375.10 82266.40 1996 - 2020 TRY THO Quarterly
Constant Prices 2009, NSA

Turkey GDP Last Previous Highest Lowest Unit
GDP Growth Rate -11.00 -0.10 5.80 -11.00 percent [+]
GDP Annual Growth Rate -9.90 4.40 11.70 -14.40 percent [+]
GDP 754.41 771.35 950.58 7.99 USD Billion [+]
GDP Constant Prices 386508425.70 405802062.30 478382417.60 148486309.20 TRY THO [+]
Gross Fixed Capital Formation 101283418.30 101251373.40 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 18683446.00 11224427.00 57635337.00 6480266.00 TRY THO [+]
GDP From Construction 28947529.10 24544356.40 36195914.40 5582784.30 TRY THO [+]
GDP From Manufacturing 56957006.40 70044971.30 79790742.00 23491042.00 TRY THO [+]
GDP From Public Administration 45602560.83 48383250.54 48383250.54 21779242.77 TRY THO [+]
GDP From Services 76463061.30 93216417.80 114297385.50 35367503.20 TRY THO [+]