Gross Domestic Product — Value US$ in Türkiye
Türkiye: Gross Domestic Product — Value US$ was 1.32 million million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Türkiye, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Türkiye recorded 1.32 million million USD for gross domestic product — value us$ in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 18.3% on the previous year and up 40.9% over ten years.
Over the whole period, gross domestic product — value us$ in Türkiye peaked at 1.32 million million USD in 2024 and was at its lowest, 23,610 million USD, in 1971.
Türkiye ranks 3rd of 20 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Türkiye, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 25,070 million USD | — |
| 1971 | 23,610 million USD | -5.8% |
| 1972 | 29,682 million USD | +25.7% |
| 1973 | 37,314 million USD | +25.7% |
| 1974 | 51,411 million USD | +37.8% |
| 1975 | 64,257 million USD | +25.0% |
| 1976 | 73,568 million USD | +14.5% |
| 1977 | 83,878 million USD | +14.0% |
| 1978 | 92,578 million USD | +10.4% |
| 1979 | 126,394 million USD | +36.5% |
| 1980 | 94,768 million USD | -25.0% |
| 1981 | 97,861 million USD | +3.3% |
| 1982 | 88,918 million USD | -9.1% |
| 1983 | 84,970 million USD | -4.4% |
| 1984 | 82,642 million USD | -2.7% |
| 1985 | 92,622 million USD | +12.1% |
| 1986 | 104,321 million USD | +12.6% |
| 1987 | 120,082 million USD | +15.1% |
| 1988 | 125,159 million USD | +4.2% |
| 1989 | 147,600 million USD | +17.9% |
| 1990 | 207,570 million USD | +40.6% |
| 1991 | 208,073 million USD | +0.2% |
| 1992 | 219,168 million USD | +5.3% |
| 1993 | 248,548 million USD | +13.4% |
| 1994 | 179,985 million USD | -27.6% |
| 1995 | 233,253 million USD | +29.6% |
| 1996 | 249,984 million USD | +7.2% |
| 1997 | 261,575 million USD | +4.6% |
| 1998 | 275,942 million USD | +5.5% |
| 1999 | 256,396 million USD | -7.1% |
| 2000 | 274,295 million USD | +7.0% |
| 2001 | 201,753 million USD | -26.4% |
| 2002 | 240,249 million USD | +19.1% |
| 2003 | 314,596 million USD | +30.9% |
| 2004 | 408,865 million USD | +30.0% |
| 2005 | 506,315 million USD | +23.8% |
| 2006 | 557,076 million USD | +10.0% |
| 2007 | 681,321 million USD | +22.3% |
| 2008 | 770,449 million USD | +13.1% |
| 2009 | 649,289 million USD | -15.7% |
| 2010 | 776,967 million USD | +19.7% |
| 2011 | 838,786 million USD | +8.0% |
| 2012 | 880,556 million USD | +5.0% |
| 2013 | 957,799 million USD | +8.8% |
| 2014 | 938,934 million USD | -2.0% |
| 2015 | 864,314 million USD | -7.9% |
| 2016 | 869,683 million USD | +0.6% |
| 2017 | 858,988 million USD | -1.2% |
| 2018 | 778,972 million USD | -9.3% |
| 2019 | 761,006 million USD | -2.3% |
| 2020 | 720,338 million USD | -5.3% |
| 2021 | 819,865 million USD | +13.8% |
| 2022 | 907,119 million USD | +10.6% |
| 2023 | 1.12 million million USD | +23.3% |
| 2024 | 1.32 million million USD | +18.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 60,776 million USD | 23,610 million USD | 126,394 million USD | 10 |
| 1980s | 103,894 million USD | 82,642 million USD | 147,600 million USD | 10 |
| 1990s | 234,049 million USD | 179,985 million USD | 275,942 million USD | 10 |
| 2000s | 460,421 million USD | 201,753 million USD | 770,449 million USD | 10 |
| 2010s | 852,600 million USD | 761,006 million USD | 957,799 million USD | 10 |
| 2020s | 977,764 million USD | 720,338 million USD | 1.32 million million USD | 5 |
Countries ranked near Türkiye
- 1 China, mainland 19.09 million million USD compare
- 2 Germany 4.66 million million USD compare
- 3 Japan 4.02 million million USD compare
- 4 India 3.88 million million USD compare
- 5 United Kingdom of Great Britain and Northern Ireland 3.66 million million USD compare
- 6 France 3.16 million million USD compare
More economy & growth data for Türkiye
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.48 Percent per annum (2029)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 3.87 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 15.14 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 3.87 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 59.13 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 25.09 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 31 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 25.09 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 31 % (2024)
Frequently asked questions
- What is gross domestic product — value us$ in Türkiye?
- Gross domestic product — value us$ in Türkiye was 1.32 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Türkiye?
- The highest recorded value was 1.32 million million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Türkiye?
- The lowest recorded value was 23,610 million USD in 1971.
- How does Türkiye rank for gross domestic product — value us$?
- Türkiye ranks 3rd out of 20 groups with data for 2024.
- Is gross domestic product — value us$ rising or falling in Türkiye?
- Over the last ten years it is up 40.9%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$. Statizoid updates them automatically from the source API.
Download this data
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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).