Turkey - Real Investment

Turkey: Real Investment

Mnemonic I$.ITUR
Unit Ths. Ch. 2009 TRY, NSA
Adjustments Not Seasonally Adjusted
Quarterly 20.69 %
Data 2021 Q4 122,756,441
2021 Q3 154,790,069

Series Information

Source Turkish Statistical Institute (Turkstat)
Release Quarterly accounts
Frequency Quarterly
Start Date 3/31/1987
End Date 12/31/2021

Turkey: GDP

Reference Last Previous Units Frequency
Government Consumption 2021 Q4 287,261,495 242,784,289 Ths. TRY, NSA Quarterly
Investment 2021 Q4 740,902,296 577,829,790 Ths. TRY, NSA Quarterly
Nominal Fixed Investment (gross fixed capital formation) 2021 Q4 651,063,242 510,362,343 Ths. TRY, NSA Quarterly
Nominal Gross Domestic Product 2021 Q4 2,313,809,574 1,919,314,375 Ths. TRY, NSA Quarterly
Private Consumption 2021 Q4 1,589,997,320 1,301,079,462 Ths. TRY, NSA Quarterly
Real Fixed Investment (gross fixed capital formation) 2021 Q4 134,728,019 130,431,365 Ths. Ch. 2009 TRY, NSA Quarterly
Real Government Consumption 2021 Q4 75,821,609 67,709,047 Ths. Ch. 2009 TRY, NSA Quarterly
Real Gross Domestic Product 2021 Q4 559,661,252 537,833,383 Ths. Ch. 2009 TRY, NSA Quarterly
Real Investment 2021 Q4 122,756,441 154,790,069 Ths. Ch. 2009 TRY, NSA Quarterly
Real Private Consumption 2021 Q4 440,759,147 393,860,536 Ths. Ch. 2009 TRY, NSA Quarterly

Release Information

The following dataset is comprised of national accounts for Turkey in current and constant (2009) prices, or chain linked volume indices. The expenditure, production and income approaches are reported, as well as their components and subcomponents. Figures are reported as seasonally adjusted (SA), seasonally adjusted at an annualized rate (SAAR), not seasonally adjusted (NSA), calendar day adjusted (CDA), and calendar day and seasonally adjusted (CDASA).

Gross Domestic Product is a value which is equal to the sum of the values of all goods and services produced by resident institutional units engaged in domestic production activities in an economy in a given period of time, minus the total inputs which are used in the production of these goods and services.  


  • National accounts framework: ESA 2010
  • Measurements:
    • Thousands of Turkish lira at chained year-2009 prices (Ths. Ch. 2009 TRY)
    • At current prices (Ths. TRY)
    • Chained volume index relative to 2009 (Ch. Vol. Index 2009=100)
    • Year-over-year growth rate
  • Adjustment:
    • Calendar day adjusted, seasonally adjusted, annualized rate (CDASAAR)
    • Calendar day adjusted (CDA)
    • Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: As early as 1987Q1


  • 1998 TRY - 1998 to 2016
  • 1987 TRL - 1987 to 2007

Producer price is the basic price plus taxes on the output invoiced to the purchaser less subsidies received by the producer from the government. 

Purchasers’ price is the amount paid by the buyer for a unit of output less any taxes invoiced by the seller but deductible by the purchaser. It should be equal to the producer price plus transport costs and trade margins on products, which are not separately invoiced.

Quarterly Domestic Account by kind of economic activity at current and constant prices is estimated for Türkiye. Kind of economic activities covered by Gross Domestic Product are given below:

  • Agriculture; forestry; fishing
  • Industry
  • Manufacturing
  • Construction
  • Services
  • Information and communications
  • Financial and insurance
  • Real estate
  • Professional; administrative; support services
  • Public administration; education; human health; social work
  • Other services

Compensation of employees  as a component of value added may be paid to residents or to non residents by resident producers. Compensation of employees has two main components: 

  1. Wages and salaries in cash and in kind
    1. Wages and salaries in cash
    2. Wages and salaries in kind
  2. The value of the social contributions payable by employers
    1. Employers' actual social contributions
    2. Employers' imputed social contributions

Wages and salaries in cash include all payments employees receive directly for their work, including commissions, tips, special or recurrent bonuses. The amounts are recorded before deductions for the employees own contributions to social security, payment of income taxes etc. Employers’ contributions to social security schemes and the social benefits in kind are included in total value of compensation of employees. Included are also employers’ contributions to the saving fund and to the housing fund, on behalf of their employees. But the payments of retirement pensions and of severance allowances are excluded from compensation of employees.

Moody's Analytics supplements

We extend select series, produce identities for unreported components, and produce seasonally adjusted counterparts.

Due to a lack of significant calendar effects in the identity, NACEFCHNUQ, the seasonally adjusted counterpart was created in seasonally adjusted at an annualized rate (SAAR) terms. 

Further reading

At the source: