Gross Domestic Product — Value US$, annual growth rate in Turkey
Turkey: Gross Domestic Product — Value US$, annual growth rate was 18.33 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Turkey, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Turkey recorded 18.33 % change on previous year for gross domestic product — value us$, annual growth rate in 2024.
The figure is down 21.2% on the previous year and up 1,030.8% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Turkey peaked at 40.63 % change on previous year in 1990 and was at its lowest, -27.59 % change on previous year, in 1994.
That places Turkey 11th out of 236 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate in Turkey, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -5.82 % change on previous year | — |
| 1972 | 25.72 % change on previous year | -541.7% |
| 1973 | 25.71 % change on previous year | -0.0% |
| 1974 | 37.78 % change on previous year | +46.9% |
| 1975 | 24.99 % change on previous year | -33.9% |
| 1976 | 14.49 % change on previous year | -42.0% |
| 1977 | 14.01 % change on previous year | -3.3% |
| 1978 | 10.37 % change on previous year | -26.0% |
| 1979 | 36.53 % change on previous year | +252.2% |
| 1980 | -25.02 % change on previous year | -168.5% |
| 1981 | 3.26 % change on previous year | -113.0% |
| 1982 | -9.14 % change on previous year | -380.0% |
| 1983 | -4.44 % change on previous year | -51.4% |
| 1984 | -2.74 % change on previous year | -38.3% |
| 1985 | 12.08 % change on previous year | -540.8% |
| 1986 | 12.63 % change on previous year | +4.6% |
| 1987 | 15.11 % change on previous year | +19.6% |
| 1988 | 4.23 % change on previous year | -72.0% |
| 1989 | 17.93 % change on previous year | +324.1% |
| 1990 | 40.63 % change on previous year | +126.6% |
| 1991 | 0.2423 % change on previous year | -99.4% |
| 1992 | 5.33 % change on previous year | +2100.4% |
| 1993 | 13.41 % change on previous year | +151.4% |
| 1994 | -27.59 % change on previous year | -305.8% |
| 1995 | 29.6 % change on previous year | -207.3% |
| 1996 | 7.17 % change on previous year | -75.8% |
| 1997 | 4.64 % change on previous year | -35.4% |
| 1998 | 5.49 % change on previous year | +18.5% |
| 1999 | -7.08 % change on previous year | -229.0% |
| 2000 | 6.98 % change on previous year | -198.6% |
| 2001 | -26.45 % change on previous year | -478.8% |
| 2002 | 19.08 % change on previous year | -172.1% |
| 2003 | 30.95 % change on previous year | +62.2% |
| 2004 | 29.97 % change on previous year | -3.2% |
| 2005 | 23.83 % change on previous year | -20.5% |
| 2006 | 10.03 % change on previous year | -57.9% |
| 2007 | 22.3 % change on previous year | +122.5% |
| 2008 | 13.08 % change on previous year | -41.3% |
| 2009 | -15.73 % change on previous year | -220.2% |
| 2010 | 19.66 % change on previous year | -225.0% |
| 2011 | 7.96 % change on previous year | -59.5% |
| 2012 | 4.98 % change on previous year | -37.4% |
| 2013 | 8.77 % change on previous year | +76.2% |
| 2014 | -1.97 % change on previous year | -122.5% |
| 2015 | -7.95 % change on previous year | +303.5% |
| 2016 | 0.6212 % change on previous year | -107.8% |
| 2017 | -1.23 % change on previous year | -298.0% |
| 2018 | -9.32 % change on previous year | +657.5% |
| 2019 | -2.31 % change on previous year | -75.2% |
| 2020 | -5.34 % change on previous year | +131.7% |
| 2021 | 13.82 % change on previous year | -358.5% |
| 2022 | 10.64 % change on previous year | -23.0% |
| 2023 | 23.27 % change on previous year | +118.7% |
| 2024 | 18.33 % change on previous year | -21.2% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, annual growth rate in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +2100.4% | 0.2423 % change on previous year | 5.33 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.42 % change on previous year | -5.82 % change on previous year | 37.78 % change on previous year | 9 |
| 1980s | 2.39 % change on previous year | -25.02 % change on previous year | 17.93 % change on previous year | 10 |
| 1990s | 7.18 % change on previous year | -27.59 % change on previous year | 40.63 % change on previous year | 10 |
| 2000s | 11.4 % change on previous year | -26.45 % change on previous year | 30.95 % change on previous year | 10 |
| 2010s | 1.92 % change on previous year | -9.32 % change on previous year | 19.66 % change on previous year | 10 |
| 2020s | 12.14 % change on previous year | -5.34 % change on previous year | 23.27 % change on previous year | 5 |
Countries ranked near Turkey
- 8 Pakistan 26.61 % change on previous year compare
- 9 Afghanistan 23.89 % change on previous year compare
- 10 Sri Lanka 18.76 % change on previous year compare
- 11 Türkiye 18.33 % change on previous year compare
- 13 Niger 17 % change on previous year compare
- 14 Mongolia 16.04 % change on previous year compare
More economy & growth data for Turkey
- Foreign direct investment, net outflows (BoP, current US$), 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 — value us$, annual growth rate in Turkey?
- Gross domestic product — value us$, annual growth rate in Turkey was 18.33 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Turkey?
- The highest recorded value was 40.63 % change on previous year in 1990.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Turkey?
- The lowest recorded value was -27.59 % change on previous year in 1994.
- How does Turkey rank for gross domestic product — value us$, annual growth rate?
- Turkey ranks 11th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Turkey?
- Over the last ten years it is up 1,030.8%. 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 US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ 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 US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.