Gross capital formation rose 0.875% to USD 338,009 bil in Turkey in 2024, according to the National Statistical Office.
Historically, gross capital formation in Turkey reached an all time high of USD 338,009 bil in 2024 and an all time low of USD 756 bil in 1960. When compared to Turkey's main peers, gross capital formation in Bulgaria amounted to USD 22,840 bil, USD 46,744 bil in Greece, USD 82,182 bil in Iraq and USD 174,807 bil in Iran in 2024.
Turkey has been ranked 15th within the group of 126 countries we follow in terms of gross capital formation, 1 place above the position seen 10 years ago.
| Gross Capital Formation (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Albania | USD bil | 4,172 | 3,941 | 3,996 | 5,192 | 5,117 | ... | |||||||||||||||
| Bulgaria | USD bil | 13,990 | 14,204 | 14,204 | 17,471 | 20,534 | ||||||||||||||||
| Greece | USD bil | 27,629 | 25,083 | 25,912 | 38,166 | 43,741 | ||||||||||||||||
| Iran | USD bil | 132,465 | 124,400 | 110,771 | 151,276 | 149,864 | ||||||||||||||||
| Iraq | USD bil | 39,984 | 53,131 | 40,425 | 44,933 | 69,874 | ||||||||||||||||
| Kuwait | USD bil | 35,420 | 32,400 | 20,711 | 21,572 | 31,065 | ... | ... | ||||||||||||||
| Macedonia | USD bil | 4,100 | 4,319 | 3,698 | 4,511 | 5,018 | ||||||||||||||||
| Pakistan | USD bil | 60,785 | 49,740 | 44,510 | 50,656 | 58,335 | ||||||||||||||||
| Romania | USD bil | 55,717 | 61,038 | 60,982 | 75,325 | 79,917 | ||||||||||||||||
| Saudi Arabia | USD bil | 198,349 | 227,132 | 179,054 | 258,859 | 328,553 | ||||||||||||||||
| Serbia | USD bil | 11,877 | 13,427 | 13,464 | 16,504 | 17,628 | ||||||||||||||||
| Syria | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
| Turkey | USD bil | 229,471 | 189,324 | 225,758 | 257,474 | 317,854 | ||||||||||||||||
| Turkmenistan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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