Gross domestic product (GDP) in Turkey
Turkey: Gross domestic product (GDP) was 3.12 trillion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
3.12 trillion international-$ in 2021 prices
Change on year
up 6.7%
World rank
11th
of 184 countries
All-time high
3.12 trillion international-$ in 2021 prices
in 2023
All-time low
77.96 billion international-$ in 2021 prices
in 1950
Years of data
74
1950–2023
Gross domestic product (GDP) in Turkey, 1950–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Turkey recorded 3.12 trillion international-$ in 2021 prices for gross domestic product (gdp) in 2023. That is the highest value across all 74 years on record.
That represents a change of up 6.7% on the previous year and up 57.8% over ten years.
Over the whole period, gross domestic product (gdp) in Turkey peaked at 3.12 trillion international-$ in 2021 prices in 2023 and was at its lowest, 77.96 billion international-$ in 2021 prices, in 1950.
Turkey ranks 11th of 184 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Turkey, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1950 | 77.96 billion international-$ in 2021 prices | — |
| 1951 | 96.52 billion international-$ in 2021 prices | +23.8% |
| 1952 | 107.96 billion international-$ in 2021 prices | +11.9% |
| 1953 | 120.69 billion international-$ in 2021 prices | +11.8% |
| 1954 | 110.13 billion international-$ in 2021 prices | -8.8% |
| 1955 | 120.40 billion international-$ in 2021 prices | +9.3% |
| 1956 | 121.12 billion international-$ in 2021 prices | +0.6% |
| 1957 | 147.52 billion international-$ in 2021 prices | +21.8% |
| 1958 | 162.26 billion international-$ in 2021 prices | +10.0% |
| 1959 | 159.25 billion international-$ in 2021 prices | -1.9% |
| 1960 | 156.56 billion international-$ in 2021 prices | -1.7% |
| 1961 | 159.51 billion international-$ in 2021 prices | +1.9% |
| 1962 | 169.66 billion international-$ in 2021 prices | +6.4% |
| 1963 | 186.15 billion international-$ in 2021 prices | +9.7% |
| 1964 | 192.22 billion international-$ in 2021 prices | +3.3% |
| 1965 | 196.77 billion international-$ in 2021 prices | +2.4% |
| 1966 | 226.63 billion international-$ in 2021 prices | +15.2% |
| 1967 | 232.85 billion international-$ in 2021 prices | +2.7% |
| 1968 | 249.54 billion international-$ in 2021 prices | +7.2% |
| 1969 | 261.58 billion international-$ in 2021 prices | +4.8% |
| 1970 | 278.37 billion international-$ in 2021 prices | +6.4% |
| 1971 | 287.00 billion international-$ in 2021 prices | +3.1% |
| 1972 | 312.57 billion international-$ in 2021 prices | +8.9% |
| 1973 | 326.89 billion international-$ in 2021 prices | +4.6% |
| 1974 | 370.18 billion international-$ in 2021 prices | +13.2% |
| 1975 | 397.03 billion international-$ in 2021 prices | +7.3% |
| 1976 | 440.63 billion international-$ in 2021 prices | +11.0% |
| 1977 | 434.86 billion international-$ in 2021 prices | -1.3% |
| 1978 | 421.54 billion international-$ in 2021 prices | -3.1% |
| 1979 | 414.37 billion international-$ in 2021 prices | -1.7% |
| 1980 | 410.37 billion international-$ in 2021 prices | -1.0% |
| 1981 | 458.72 billion international-$ in 2021 prices | +11.8% |
| 1982 | 454.14 billion international-$ in 2021 prices | -1.0% |
| 1983 | 476.01 billion international-$ in 2021 prices | +4.8% |
| 1984 | 504.70 billion international-$ in 2021 prices | +6.0% |
| 1985 | 532.30 billion international-$ in 2021 prices | +5.5% |
| 1986 | 567.19 billion international-$ in 2021 prices | +6.6% |
| 1987 | 629.62 billion international-$ in 2021 prices | +11.0% |
| 1988 | 634.94 billion international-$ in 2021 prices | +0.8% |
| 1989 | 634.95 billion international-$ in 2021 prices | +0.0% |
| 1990 | 684.26 billion international-$ in 2021 prices | +7.8% |
| 1991 | 654.56 billion international-$ in 2021 prices | -4.3% |
| 1992 | 687.58 billion international-$ in 2021 prices | +5.0% |
| 1993 | 757.72 billion international-$ in 2021 prices | +10.2% |
| 1994 | 694.53 billion international-$ in 2021 prices | -8.3% |
| 1995 | 770.92 billion international-$ in 2021 prices | +11.0% |
| 1996 | 850.06 billion international-$ in 2021 prices | +10.3% |
| 1997 | 885.89 billion international-$ in 2021 prices | +4.2% |
| 1998 | 874.64 billion international-$ in 2021 prices | -1.3% |
| 1999 | 827.58 billion international-$ in 2021 prices | -5.4% |
| 2000 | 921.57 billion international-$ in 2021 prices | +11.4% |
| 2001 | 888.40 billion international-$ in 2021 prices | -3.6% |
| 2002 | 878.36 billion international-$ in 2021 prices | -1.1% |
| 2003 | 845.60 billion international-$ in 2021 prices | -3.7% |
| 2004 | 963.20 billion international-$ in 2021 prices | +13.9% |
| 2005 | 1.08 trillion international-$ in 2021 prices | +11.7% |
| 2006 | 1.20 trillion international-$ in 2021 prices | +11.6% |
| 2007 | 1.31 trillion international-$ in 2021 prices | +8.8% |
| 2008 | 1.39 trillion international-$ in 2021 prices | +6.1% |
| 2009 | 1.36 trillion international-$ in 2021 prices | -1.8% |
| 2010 | 1.53 trillion international-$ in 2021 prices | +12.5% |
| 2011 | 1.77 trillion international-$ in 2021 prices | +16.0% |
| 2012 | 1.87 trillion international-$ in 2021 prices | +5.2% |
| 2013 | 1.98 trillion international-$ in 2021 prices | +5.9% |
| 2014 | 2.10 trillion international-$ in 2021 prices | +6.3% |
| 2015 | 2.23 trillion international-$ in 2021 prices | +5.9% |
| 2016 | 2.26 trillion international-$ in 2021 prices | +1.5% |
| 2017 | 2.40 trillion international-$ in 2021 prices | +5.9% |
| 2018 | 2.40 trillion international-$ in 2021 prices | +0.1% |
| 2019 | 2.39 trillion international-$ in 2021 prices | -0.2% |
| 2020 | 2.41 trillion international-$ in 2021 prices | +0.8% |
| 2021 | 2.62 trillion international-$ in 2021 prices | +8.5% |
| 2022 | 2.93 trillion international-$ in 2021 prices | +11.8% |
| 2023 | 3.12 trillion international-$ in 2021 prices | +6.7% |
Turkey compared with similar countries
- Turkey's 3.12 trillion international-$ in 2021 prices is above the median for upper middle income countries, which is 148.60 billion international-$ in 2021 prices, 21.0× the median. (51 countries reporting)
- Turkey's 3.12 trillion international-$ in 2021 prices is above the median for Europe & Central Asia, which is 314.74 billion international-$ in 2021 prices, 9.9× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 122.38 billion international-$ in 2021 prices | 77.96 billion international-$ in 2021 prices | 162.26 billion international-$ in 2021 prices | 10 |
| 1960s | 203.15 billion international-$ in 2021 prices | 156.56 billion international-$ in 2021 prices | 261.58 billion international-$ in 2021 prices | 10 |
| 1970s | 368.34 billion international-$ in 2021 prices | 278.37 billion international-$ in 2021 prices | 440.63 billion international-$ in 2021 prices | 10 |
| 1980s | 530.29 billion international-$ in 2021 prices | 410.37 billion international-$ in 2021 prices | 634.95 billion international-$ in 2021 prices | 10 |
| 1990s | 768.77 billion international-$ in 2021 prices | 654.56 billion international-$ in 2021 prices | 885.89 billion international-$ in 2021 prices | 10 |
| 2000s | 1.08 trillion international-$ in 2021 prices | 845.60 billion international-$ in 2021 prices | 1.39 trillion international-$ in 2021 prices | 10 |
| 2010s | 2.09 trillion international-$ in 2021 prices | 1.53 trillion international-$ in 2021 prices | 2.40 trillion international-$ in 2021 prices | 10 |
| 2020s | 2.77 trillion international-$ in 2021 prices | 2.41 trillion international-$ in 2021 prices | 3.12 trillion international-$ in 2021 prices | 4 |
Countries ranked near Turkey
- 8 Indonesia 3.92 trillion international-$ in 2021 prices compare
- 9 France 3.53 trillion international-$ in 2021 prices compare
- 10 United Kingdom 3.48 trillion international-$ in 2021 prices compare
- 12 Italy 3.00 trillion international-$ in 2021 prices compare
- 13 South Korea 2.91 trillion international-$ in 2021 prices compare
- 14 Mexico 2.60 trillion international-$ in 2021 prices compare
More economy & growth data for Turkey
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.61 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 77.33 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.70 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.77 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 136.79 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 19.3 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1162 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,161 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Turkey?
- Gross domestic product (gdp) in Turkey was 3.12 trillion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Turkey?
- The highest recorded value was 3.12 trillion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Turkey?
- The lowest recorded value was 77.96 billion international-$ in 2021 prices in 1950.
- How does Turkey rank for gross domestic product (gdp)?
- Turkey ranks 11th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Turkey?
- Over the last ten years it is up 57.8%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 74 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.