Gross Domestic Product … Standard Local Currency annual growth rate in Turkey
Turkey: Gross Domestic Product … Standard Local Currency annual growth rate was 3.18 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Turkey, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Turkey recorded 3.18 % change on previous year for gross domestic product — value standard local currency, 2015 prices in 2024.
Compared with earlier readings it is down 37.7% on the previous year and down 35.5% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Turkey peaked at 11.44 % change on previous year in 2021 and was at its lowest, -5.75 % change on previous year, in 2001.
That places Turkey 107th out of 223 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.
Gross Domestic Product … Standard Local Currency annual growth rate in Turkey, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.57 % change on previous year | — |
| 1972 | 7.43 % change on previous year | +33.4% |
| 1973 | 3.26 % change on previous year | -56.1% |
| 1974 | 5.59 % change on previous year | +71.5% |
| 1975 | 7.17 % change on previous year | +28.2% |
| 1976 | 10.46 % change on previous year | +45.9% |
| 1977 | 3.4 % change on previous year | -67.5% |
| 1978 | 1.5 % change on previous year | -55.8% |
| 1979 | -0.6244 % change on previous year | -141.5% |
| 1980 | -2.45 % change on previous year | +291.7% |
| 1981 | 4.86 % change on previous year | -298.5% |
| 1982 | 3.56 % change on previous year | -26.6% |
| 1983 | 4.97 % change on previous year | +39.5% |
| 1984 | 6.71 % change on previous year | +35.1% |
| 1985 | 4.24 % change on previous year | -36.8% |
| 1986 | 7.02 % change on previous year | +65.4% |
| 1987 | 9.48 % change on previous year | +35.2% |
| 1988 | 2.12 % change on previous year | -77.6% |
| 1989 | 0.2517 % change on previous year | -88.1% |
| 1990 | 9.26 % change on previous year | +3576.9% |
| 1991 | 0.9265 % change on previous year | -90.0% |
| 1992 | 5.98 % change on previous year | +545.9% |
| 1993 | 8.04 % change on previous year | +34.4% |
| 1994 | -5.46 % change on previous year | -167.8% |
| 1995 | 7.19 % change on previous year | -231.8% |
| 1996 | 7.01 % change on previous year | -2.6% |
| 1997 | 7.53 % change on previous year | +7.5% |
| 1998 | 3.09 % change on previous year | -58.9% |
| 1999 | -3.26 % change on previous year | -205.5% |
| 2000 | 6.93 % change on previous year | -312.5% |
| 2001 | -5.75 % change on previous year | -182.9% |
| 2002 | 6.45 % change on previous year | -212.1% |
| 2003 | 5.76 % change on previous year | -10.6% |
| 2004 | 9.8 % change on previous year | +70.0% |
| 2005 | 8.99 % change on previous year | -8.2% |
| 2006 | 6.95 % change on previous year | -22.7% |
| 2007 | 5.04 % change on previous year | -27.4% |
| 2008 | 0.8146 % change on previous year | -83.8% |
| 2009 | -4.82 % change on previous year | -692.0% |
| 2010 | 8.43 % change on previous year | -274.7% |
| 2011 | 11.2 % change on previous year | +32.9% |
| 2012 | 4.79 % change on previous year | -57.2% |
| 2013 | 8.49 % change on previous year | +77.2% |
| 2014 | 4.94 % change on previous year | -41.8% |
| 2015 | 6.08 % change on previous year | +23.2% |
| 2016 | 3.32 % change on previous year | -45.4% |
| 2017 | 7.5 % change on previous year | +125.7% |
| 2018 | 3.01 % change on previous year | -59.8% |
| 2019 | 0.8182 % change on previous year | -72.8% |
| 2020 | 1.86 % change on previous year | +127.3% |
| 2021 | 11.44 % change on previous year | +515.1% |
| 2022 | 5.53 % change on previous year | -51.6% |
| 2023 | 5.11 % change on previous year | -7.6% |
| 2024 | 3.18 % change on previous year | -37.7% |
Turkey compared with similar countries
- Turkey's 3.18 % change on previous year is below the median for upper middle income countries, which is 3.3 % change on previous year, 96% of the median. (54 countries reporting)
- Turkey's 3.18 % change on previous year is above the median for Europe & Central Asia, which is 2.57 % change on previous year, 1.2× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product … Standard Local Currency annual growth rate in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +3576.9% | 0.2517 % change on previous year | 9.26 % change on previous year |
| 2009 | -692.0% | 0.8146 % change on previous year | -4.82 % change on previous year |
| 1992 | +545.9% | 0.9265 % change on previous year | 5.98 % change on previous year |
| 2021 | +515.1% | 1.86 % change on previous year | 11.44 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.86 % change on previous year | -0.6244 % change on previous year | 10.46 % change on previous year | 9 |
| 1980s | 4.08 % change on previous year | -2.45 % change on previous year | 9.48 % change on previous year | 10 |
| 1990s | 4.03 % change on previous year | -5.46 % change on previous year | 9.26 % change on previous year | 10 |
| 2000s | 4.02 % change on previous year | -5.75 % change on previous year | 9.8 % change on previous year | 10 |
| 2010s | 5.86 % change on previous year | 0.8182 % change on previous year | 11.2 % change on previous year | 10 |
| 2020s | 5.43 % change on previous year | 1.86 % change on previous year | 11.44 % change on previous year | 5 |
Countries ranked near Turkey
- 104 Morocco 3.24 % change on previous year compare
- 105 Pakistan 3.23 % change on previous year compare
- 106 Puerto Rico 3.23 % change on previous year compare
- 107 Türkiye 3.18 % change on previous year compare
- 109 Spain 3.15 % change on previous year compare
- 110 Uruguay 3.11 % change on previous year compare
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 gross domestic product — value standard local currency, 2015 prices in Turkey?
- Gross domestic product — value standard local currency, 2015 prices in Turkey was 3.18 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Turkey?
- The highest recorded value was 11.44 % change on previous year in 2021.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Turkey?
- The lowest recorded value was -5.75 % change on previous year in 2001.
- How does Turkey rank for gross domestic product — value standard local currency, 2015 prices?
- Turkey ranks 107th out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Turkey?
- Over the last ten years it is down 35.5%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.