Gross Domestic Product — Value Standard Local Currency, 2015 prices in Turkey

Turkey: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 3.18 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.18 % change on previous year
Change on year
down 37.7%
World rank
107th
of 223 countries
All-time high
11.44 % change on previous year
in 2021
All-time low
-5.75 % change on previous year
in 2001
Years of data
54
1971–2024

Gross Domestic Product — Value Standard Local Currency, 2015 prices in Turkey, 1971–2024

-50510197119972024

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 — Value Standard Local Currency, 2015 prices in Turkey, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, 2015 prices, annual growth rate in Turkey, 1971 to 2024.
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%

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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.

YearChange FromTo
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

DecadeAverage LowestHighest 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

  1. 104 Morocco 3.24 % change on previous year compare
  2. 105 Pakistan 3.23 % change on previous year compare
  3. 106 Puerto Rico 3.23 % change on previous year compare
  4. 107 Türkiye 3.18 % change on previous year compare
  5. 109 Spain 3.15 % change on previous year compare
  6. 110 Uruguay 3.11 % change on previous year compare

See the full ranking of 224 places →

More economy & growth data for Turkey

All data for Turkey →

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.

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Gross Domestic Product — Value Standard Local Currency, 2015 prices in Turkey. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-2015-prices-annual-growth-rate/turkiye/

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<a href="https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-2015-prices-annual-growth-rate/turkiye/">Gross Domestic Product — Value Standard Local Currency, 2015 prices in Turkey</a> — Statizoid

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

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

Indicator
Gross Domestic Product — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
224 places, 11,298 data points, 1971–2024
Last refreshed

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.