Gross Domestic Product — Value Standard Local Currency, 2015 prices in Turkey
Turkey: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 3.52 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Turkey, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Turkey stood at 3.52 million million SLC. That is the highest value across all 55 years on record.
That represents a change of up 3.2% on the previous year and up 59.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Turkey peaked at 3.52 million million SLC in 2024 and was at its lowest, 316,422 million SLC, in 1970.
That places Turkey 72nd 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
| Year | million SLC | Change |
|---|---|---|
| 1970 | 316,422 million SLC | — |
| 1971 | 334,040 million SLC | +5.6% |
| 1972 | 358,846 million SLC | +7.4% |
| 1973 | 370,551 million SLC | +3.3% |
| 1974 | 391,280 million SLC | +5.6% |
| 1975 | 419,347 million SLC | +7.2% |
| 1976 | 463,223 million SLC | +10.5% |
| 1977 | 478,995 million SLC | +3.4% |
| 1978 | 486,202 million SLC | +1.5% |
| 1979 | 483,166 million SLC | -0.6% |
| 1980 | 471,348 million SLC | -2.4% |
| 1981 | 494,233 million SLC | +4.9% |
| 1982 | 511,842 million SLC | +3.6% |
| 1983 | 537,275 million SLC | +5.0% |
| 1984 | 573,336 million SLC | +6.7% |
| 1985 | 597,655 million SLC | +4.2% |
| 1986 | 639,582 million SLC | +7.0% |
| 1987 | 700,242 million SLC | +9.5% |
| 1988 | 715,089 million SLC | +2.1% |
| 1989 | 716,889 million SLC | +0.3% |
| 1990 | 783,239 million SLC | +9.3% |
| 1991 | 790,496 million SLC | +0.9% |
| 1992 | 837,801 million SLC | +6.0% |
| 1993 | 905,177 million SLC | +8.0% |
| 1994 | 855,794 million SLC | -5.5% |
| 1995 | 917,336 million SLC | +7.2% |
| 1996 | 981,598 million SLC | +7.0% |
| 1997 | 1.06 million million SLC | +7.5% |
| 1998 | 1.09 million million SLC | +3.1% |
| 1999 | 1.05 million million SLC | -3.3% |
| 2000 | 1.13 million million SLC | +6.9% |
| 2001 | 1.06 million million SLC | -5.7% |
| 2002 | 1.13 million million SLC | +6.4% |
| 2003 | 1.19 million million SLC | +5.8% |
| 2004 | 1.31 million million SLC | +9.8% |
| 2005 | 1.43 million million SLC | +9.0% |
| 2006 | 1.53 million million SLC | +6.9% |
| 2007 | 1.61 million million SLC | +5.0% |
| 2008 | 1.62 million million SLC | +0.8% |
| 2009 | 1.54 million million SLC | -4.8% |
| 2010 | 1.67 million million SLC | +8.4% |
| 2011 | 1.86 million million SLC | +11.2% |
| 2012 | 1.95 million million SLC | +4.8% |
| 2013 | 2.11 million million SLC | +8.5% |
| 2014 | 2.22 million million SLC | +4.9% |
| 2015 | 2.35 million million SLC | +6.1% |
| 2016 | 2.43 million million SLC | +3.3% |
| 2017 | 2.61 million million SLC | +7.5% |
| 2018 | 2.69 million million SLC | +3.0% |
| 2019 | 2.71 million million SLC | +0.8% |
| 2020 | 2.76 million million SLC | +1.9% |
| 2021 | 3.08 million million SLC | +11.4% |
| 2022 | 3.25 million million SLC | +5.5% |
| 2023 | 3.41 million million SLC | +5.1% |
| 2024 | 3.52 million million SLC | +3.2% |
Turkey compared with similar countries
- Turkey's 3.52 million million SLC is above the median for upper middle income countries, which is 654,933 million SLC, 5.4× the median. (54 countries reporting)
- Turkey's 3.52 million million SLC is above the median for Europe & Central Asia, which is 410,343 million SLC, 8.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 410,207 million SLC | 316,422 million SLC | 486,202 million SLC | 10 |
| 1980s | 595,749 million SLC | 471,348 million SLC | 716,889 million SLC | 10 |
| 1990s | 926,771 million SLC | 783,239 million SLC | 1.09 million million SLC | 10 |
| 2000s | 1.35 million million SLC | 1.06 million million SLC | 1.62 million million SLC | 10 |
| 2010s | 2.26 million million SLC | 1.67 million million SLC | 2.71 million million SLC | 10 |
| 2020s | 3.21 million million SLC | 2.76 million million SLC | 3.52 million million SLC | 5 |
Countries ranked near Turkey
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 — value standard local currency, 2015 prices in Turkey?
- Gross domestic product — value standard local currency, 2015 prices in Turkey was 3.52 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Turkey?
- The highest recorded value was 3.52 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Turkey?
- The lowest recorded value was 316,422 million SLC in 1970.
- How does Turkey rank for gross domestic product — value standard local currency, 2015 prices?
- Turkey ranks 72nd 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 up 59.0%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).