GDP (constant LCU) (UNICEF) in Turkey
Turkey: GDP (constant LCU) (UNICEF) was 2.34 trillion in 2024. ◆ Volatile
Latest (2024)
2.34 trillion
Change on year
up 3.3%
World rank
22nd
of 74 countries
All-time high
2.34 trillion
in 2024
All-time low
123.19 billion
in 1960
Years of data
65
1960–2024
GDP in Turkey, 1960–2024
Source: UNICEF.
Analysis
The most recent figure for gdp in Turkey is 2.34 trillion, measured in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 3.3% on the previous year and up 61.0% over ten years.
Over the whole period, gdp in Turkey peaked at 2.34 trillion in 2024 and was at its lowest, 123.19 billion, in 1960.
Turkey ranks 22nd of 74 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU) (UNICEF) in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 123.19 billion | — |
| 1961 | 124.61 billion | +1.2% |
| 1962 | 131.55 billion | +5.6% |
| 1963 | 143.48 billion | +9.1% |
| 1964 | 151.31 billion | +5.5% |
| 1965 | 155.59 billion | +2.8% |
| 1966 | 173.03 billion | +11.2% |
| 1967 | 181.22 billion | +4.7% |
| 1968 | 193.50 billion | +6.8% |
| 1969 | 201.40 billion | +4.1% |
| 1970 | 207.91 billion | +3.2% |
| 1971 | 219.49 billion | +5.6% |
| 1972 | 235.78 billion | +7.4% |
| 1973 | 243.48 billion | +3.3% |
| 1974 | 257.10 billion | +5.6% |
| 1975 | 275.54 billion | +7.2% |
| 1976 | 304.37 billion | +10.5% |
| 1977 | 314.74 billion | +3.4% |
| 1978 | 319.47 billion | +1.5% |
| 1979 | 317.47 billion | -0.6% |
| 1980 | 309.70 billion | -2.4% |
| 1981 | 324.75 billion | +4.9% |
| 1982 | 336.32 billion | +3.6% |
| 1983 | 353.04 billion | +5.0% |
| 1984 | 376.73 billion | +6.7% |
| 1985 | 392.71 billion | +4.2% |
| 1986 | 420.25 billion | +7.0% |
| 1987 | 460.11 billion | +9.5% |
| 1988 | 470.79 billion | +2.3% |
| 1989 | 472.15 billion | +0.3% |
| 1990 | 515.90 billion | +9.3% |
| 1991 | 519.62 billion | +0.7% |
| 1992 | 545.78 billion | +5.0% |
| 1993 | 587.54 billion | +7.7% |
| 1994 | 560.12 billion | -4.7% |
| 1995 | 604.24 billion | +7.9% |
| 1996 | 647.50 billion | +7.2% |
| 1997 | 695.14 billion | +7.4% |
| 1998 | 708.40 billion | +1.9% |
| 1999 | 686.78 billion | -3.1% |
| 2000 | 734.75 billion | +7.0% |
| 2001 | 694.64 billion | -5.5% |
| 2002 | 739.34 billion | +6.4% |
| 2003 | 782.22 billion | +5.8% |
| 2004 | 859.86 billion | +9.9% |
| 2005 | 938.20 billion | +9.1% |
| 2006 | 1.00 trillion | +7.1% |
| 2007 | 1.06 trillion | +5.1% |
| 2008 | 1.07 trillion | +0.9% |
| 2009 | 1.01 trillion | -4.9% |
| 2010 | 1.10 trillion | +8.5% |
| 2011 | 1.22 trillion | +11.0% |
| 2012 | 1.28 trillion | +4.8% |
| 2013 | 1.39 trillion | +8.5% |
| 2014 | 1.45 trillion | +4.6% |
| 2015 | 1.54 trillion | +5.8% |
| 2016 | 1.59 trillion | +3.3% |
| 2017 | 1.71 trillion | +7.8% |
| 2018 | 1.77 trillion | +3.5% |
| 2019 | 1.79 trillion | +1.3% |
| 2020 | 1.83 trillion | +1.8% |
| 2021 | 2.04 trillion | +11.8% |
| 2022 | 2.15 trillion | +5.4% |
| 2023 | 2.26 trillion | +5.0% |
| 2024 | 2.34 trillion | +3.3% |
Turkey compared with similar countries
- Turkey's 2.34 trillion is above the median for upper middle income countries, which is 508.57 billion, 4.6× the median. (19 countries reporting)
- Turkey's 2.34 trillion is above the median for Europe & Central Asia, which is 490.93 billion, 4.8× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 157.89 billion | 123.19 billion | 201.40 billion | 10 |
| 1970s | 269.53 billion | 207.91 billion | 319.47 billion | 10 |
| 1980s | 391.65 billion | 309.70 billion | 472.15 billion | 10 |
| 1990s | 607.10 billion | 515.90 billion | 708.40 billion | 10 |
| 2000s | 888.84 billion | 694.64 billion | 1.07 trillion | 10 |
| 2010s | 1.48 trillion | 1.10 trillion | 1.79 trillion | 10 |
| 2020s | 2.12 trillion | 1.83 trillion | 2.34 trillion | 5 |
Countries ranked near Turkey
More economy & growth data for Turkey
- Real gdp growth, annual growth rate 8.32 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 5.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 87.93 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0288 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 64.2 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0039 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 72.49 units per person (2025)
Frequently asked questions
- What is gdp in Turkey?
- Gdp in Turkey was 2.34 trillion in 2024, according to UNICEF.
- What is the highest gdp recorded in Turkey?
- The highest recorded value was 2.34 trillion in 2024.
- What is the lowest gdp recorded in Turkey?
- The lowest recorded value was 123.19 billion in 1960.
- How does Turkey rank for gdp?
- Turkey ranks 22nd out of 74 countries with data for 2024.
- Is gdp rising or falling in Turkey?
- Over the last ten years it is up 61.0%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from UNICEF, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under UNICEF Terms of Use (attribution required).