GDP growth in Turkey
Turkey: GDP growth was 3.33 in 2024. ◆ Volatile
Latest (2024)
3.33
Change on year
down 34.0%
World rank
27th
of 74 countries
All-time high
11.81
in 2021
All-time low
-5.46
in 2001
Years of data
64
1961–2024
GDP growth in Turkey, 1961–2024
Source: UNICEF.
Analysis
In 2024, gdp growth in Turkey stood at 3.33.
That represents a change of down 34.0% on the previous year and down 27.7% over ten years.
Over the whole period, gdp growth in Turkey peaked at 11.81 in 2021 and was at its lowest, -5.46, in 2001.
That places Turkey 27th out of 74 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 1.16 | — |
| 1962 | 5.57 | +381.9% |
| 1963 | 9.07 | +62.7% |
| 1964 | 5.46 | -39.8% |
| 1965 | 2.82 | -48.3% |
| 1966 | 11.21 | +297.1% |
| 1967 | 4.73 | -57.8% |
| 1968 | 6.78 | +43.2% |
| 1969 | 4.08 | -39.8% |
| 1970 | 3.23 | -20.8% |
| 1971 | 5.57 | +72.2% |
| 1972 | 7.43 | +33.4% |
| 1973 | 3.26 | -56.1% |
| 1974 | 5.59 | +71.5% |
| 1975 | 7.17 | +28.2% |
| 1976 | 10.46 | +45.8% |
| 1977 | 3.41 | -67.4% |
| 1978 | 1.5 | -55.9% |
| 1979 | -0.6241 | -141.5% |
| 1980 | -2.45 | +292.1% |
| 1981 | 4.86 | -298.4% |
| 1982 | 3.56 | -26.6% |
| 1983 | 4.97 | +39.5% |
| 1984 | 6.71 | +35.0% |
| 1985 | 4.24 | -36.8% |
| 1986 | 7.01 | +65.3% |
| 1987 | 9.49 | +35.3% |
| 1988 | 2.32 | -75.5% |
| 1989 | 0.2902 | -87.5% |
| 1990 | 9.27 | +3092.5% |
| 1991 | 0.7203 | -92.2% |
| 1992 | 5.04 | +599.1% |
| 1993 | 7.65 | +51.9% |
| 1994 | -4.67 | -161.0% |
| 1995 | 7.88 | -268.8% |
| 1996 | 7.16 | -9.1% |
| 1997 | 7.36 | +2.8% |
| 1998 | 1.91 | -74.1% |
| 1999 | -3.05 | -260.0% |
| 2000 | 6.99 | -328.8% |
| 2001 | -5.46 | -178.2% |
| 2002 | 6.44 | -217.9% |
| 2003 | 5.8 | -9.9% |
| 2004 | 9.93 | +71.2% |
| 2005 | 9.11 | -8.2% |
| 2006 | 7.07 | -22.4% |
| 2007 | 5.11 | -27.7% |
| 2008 | 0.9201 | -82.0% |
| 2009 | -4.88 | -630.7% |
| 2010 | 8.54 | -274.9% |
| 2011 | 10.98 | +28.5% |
| 2012 | 4.81 | -56.2% |
| 2013 | 8.49 | +76.6% |
| 2014 | 4.6 | -45.8% |
| 2015 | 5.81 | +26.2% |
| 2016 | 3.32 | -42.8% |
| 2017 | 7.83 | +135.5% |
| 2018 | 3.47 | -55.7% |
| 2019 | 1.3 | -62.5% |
| 2020 | 1.8 | +38.5% |
| 2021 | 11.81 | +555.1% |
| 2022 | 5.44 | -53.9% |
| 2023 | 5.05 | -7.3% |
| 2024 | 3.33 | -34.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.65 | 1.16 | 11.21 | 9 |
| 1970s | 4.7 | -0.6241 | 10.46 | 10 |
| 1980s | 4.1 | -2.45 | 9.49 | 10 |
| 1990s | 3.93 | -4.67 | 9.27 | 10 |
| 2000s | 4.1 | -5.46 | 9.93 | 10 |
| 2010s | 5.91 | 1.3 | 10.98 | 10 |
| 2020s | 5.49 | 1.8 | 11.81 | 5 |
Countries ranked near Turkey
More economy & growth data for Turkey
- Gross value added at basic prices (GVA) (current LCU), annual growth 41.04 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 34.98 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 650,599 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.19 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7537 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 14,019 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.19 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.34 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 24,970 constant LCU per person (2025)
- GDP (current US$), annual growth rate 17.52 % change on previous year (2025)
Frequently asked questions
- What is gdp growth in Turkey?
- Gdp growth in Turkey was 3.33 in 2024, according to UNICEF.
- What is the highest gdp growth recorded in Turkey?
- The highest recorded value was 11.81 in 2021.
- What is the lowest gdp growth recorded in Turkey?
- The lowest recorded value was -5.46 in 2001.
- How does Turkey rank for gdp growth?
- Turkey ranks 27th out of 74 countries with data for 2024.
- Is gdp growth rising or falling in Turkey?
- Over the last ten years it is down 27.7%. 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 growth (annual %). Statizoid updates them automatically from the source API.
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