Gross Fixed Capital Formation in Turkey increased to 110095414.70 TRY THO in the third quarter of 2019 from 104793544.80 TRY THO in the second quarter of 2019. Turkey Gross Fixed Capital Formation - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Gross Fixed Capital Formation in Turkey averaged 66489093.55 TRY THO from 1996 until 2019, 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. source: Turkish Statistical Institute
Gross Fixed Capital Formation in Turkey is expected to be 108861343.00 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 114719422.00 in 12 months time. In the long-term, the Turkey Gross Fixed Capital Formation is projected to trend around 119537638.00 TRY THO in 2021 and 124558219.00 TRY THO in 2022, according to our econometric models.