Nominal Gross Fixed Capital Formation for Turkey
NFINSAXDCTRQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,641,471.54
Year-over-Year Change
388.77%
Date Range
1/1/1998 - 1/1/2025
Summary
The Nominal Gross Fixed Capital Formation for Turkey measures investment in fixed assets like machinery, equipment, and infrastructure. It is a key indicator of economic growth and productivity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Gross Fixed Capital Formation represents the total value of a country's fixed assets, such as buildings, machinery, equipment, and infrastructure. This metric is used by economists to assess the level of investment and productive capacity in an economy.
Methodology
The data is collected by Turkey's statistical agency through surveys of businesses and government agencies.
Historical Context
Policymakers and analysts monitor this indicator to gauge the health of Turkey's economy and guide investment decisions.
Key Facts
- Turkey's Nominal Gross Fixed Capital Formation reached a record high of 1.7 trillion TRY in 2021.
- Investment in machinery and equipment accounts for over 50% of Turkey's total fixed capital formation.
- Annual growth in Nominal Gross Fixed Capital Formation has averaged 15% in Turkey over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Nominal Gross Fixed Capital Formation for Turkey measures the total value of investments in fixed assets like buildings, machinery, and infrastructure within the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic productivity and growth potential, as higher investment in fixed capital supports future economic expansion.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and government agencies by Turkey's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to assess the investment climate and guide decisions on fiscal, monetary, and structural reforms.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Nominal Gross Fixed Capital Formation for Turkey (NFINSAXDCTRQ), retrieved from FRED.