Turkiye | Gross capital formation (current LCU)
Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.
Publisher
The World Bank
Origin
Republic of Turkiye
Records
63
Source
Turkiye | Gross capital formation (current LCU)
6800 1960
7200 1961
8600 1962
10900 1963
11000 1964
12200 1965
16300 1966
17800 1967
21100 1968
23400 1969
28900 1970
33300 1971
48600 1972
56300 1973
88700 1974
120600 1975
167300 1976
218300 1977
239600 1978
402900 1979
950100 1980
1411900 1981
1778700 1982
2264600 1983
3559200 1984
5795400 1985
9627200 1986
19178500 1987
32490400 1988
53358800 1989
96493400 1990
143112400 1991
255435600 1992
527486000 1993
824769700 1994
1977373700 1995
3626747300 1996
7240917000 1997
17181007000 1998
22912494500 1999
40675346900 2000
44570806700 2001
76432618100 2002
105335024000 2003
145606623900 2004
182338514300 2005
233544335900 2006
253899619200 2007
288182326900 2008
229617408600 2009
312379604200 2010
435574352500 2011
443966451800 2012
540089338500 2013
595251775400 2014
662946702300 2015
735951619200 2016
961866022500 2017
1107973000000 2018
1074188000000 2019
1582252000000 2020
2278753000000 2021
5260117000000 2022
Turkiye | Gross capital formation (current LCU)
Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.
Publisher
The World Bank
Origin
Republic of Turkiye
Records
63
Source