Gross domestic savings (% of GDP) in Turkey
Turkey: Gross domestic savings (% of GDP) was 31.4% in 2025. ▼ Falling
Gross domestic savings in Turkey, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross domestic savings in Turkey is 31.4%, measured in 2025.
The figure is up 0.5% on the previous year and up 9.3% over ten years.
Over the whole period, gross domestic savings in Turkey peaked at 39.0% in 1969 and was at its lowest, 17.0%, in 1991.
Turkey ranks 42nd of 188 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 66 years of available data.
Gross domestic savings (% of GDP) in Turkey, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 35.2% | — |
| 1961 | 34.4% | -2.5% |
| 1962 | 34.7% | +1.1% |
| 1963 | 35.6% | +2.5% |
| 1964 | 36.6% | +2.7% |
| 1965 | 37.2% | +1.8% |
| 1966 | 38.0% | +2.0% |
| 1967 | 38.6% | +1.5% |
| 1968 | 38.9% | +0.9% |
| 1969 | 39.0% | +0.2% |
| 1970 | 37.5% | -3.9% |
| 1971 | 32.3% | -13.7% |
| 1972 | 32.7% | +1.2% |
| 1973 | 30.9% | -5.5% |
| 1974 | 28.4% | -8.1% |
| 1975 | 30.0% | +5.6% |
| 1976 | 32.5% | +8.2% |
| 1977 | 30.6% | -5.8% |
| 1978 | 29.9% | -2.2% |
| 1979 | 32.8% | +9.5% |
| 1980 | 27.3% | -16.7% |
| 1981 | 30.9% | +13.3% |
| 1982 | 30.6% | -1.0% |
| 1983 | 28.3% | -7.5% |
| 1984 | 28.6% | +0.9% |
| 1985 | 34.3% | +19.9% |
| 1986 | 38.5% | +12.2% |
| 1987 | 23.9% | -37.8% |
| 1988 | 28.9% | +20.9% |
| 1989 | 25.0% | -13.3% |
| 1990 | 20.5% | -18.3% |
| 1991 | 17.0% | -17.0% |
| 1992 | 17.5% | +3.3% |
| 1993 | 18.0% | +2.7% |
| 1994 | 18.4% | +2.1% |
| 1995 | 28.1% | +52.6% |
| 1996 | 28.6% | +1.8% |
| 1997 | 27.1% | -4.9% |
| 1998 | 26.2% | -3.4% |
| 1999 | 21.5% | -18.0% |
| 2000 | 21.5% | +0.0% |
| 2001 | 24.3% | +12.8% |
| 2002 | 24.0% | -1.3% |
| 2003 | 22.9% | -4.5% |
| 2004 | 23.9% | +4.4% |
| 2005 | 25.5% | +6.8% |
| 2006 | 26.6% | +4.2% |
| 2007 | 25.9% | -2.5% |
| 2008 | 26.8% | +3.5% |
| 2009 | 24.2% | -9.8% |
| 2010 | 24.7% | +2.1% |
| 2011 | 25.3% | +2.4% |
| 2012 | 26.0% | +2.9% |
| 2013 | 27.1% | +4.1% |
| 2014 | 27.5% | +1.6% |
| 2015 | 28.7% | +4.4% |
| 2016 | 28.2% | -1.8% |
| 2017 | 29.7% | +5.4% |
| 2018 | 32.0% | +7.5% |
| 2019 | 31.0% | -3.1% |
| 2020 | 31.2% | +0.8% |
| 2021 | 34.9% | +11.6% |
| 2022 | 35.0% | +0.3% |
| 2023 | 32.7% | -6.4% |
| 2024 | 31.3% | -4.5% |
| 2025 | 31.4% | +0.5% |
Turkey compared with similar countries
- Turkey's 31.4% is above the median for upper middle income countries, which is 18.9%, 1.7× the median. (52 countries reporting)
- Turkey's 31.4% is above the median for Europe & Central Asia, which is 24.2%, 1.3× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (% of GDP) 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 |
|---|---|---|---|
| 1995 | +52.6% | 18.4% | 28.1% |
| 1987 | -37.8% | 38.5% | 23.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 36.8% | 34.4% | 39.0% | 10 |
| 1970s | 31.8% | 28.4% | 37.5% | 10 |
| 1980s | 29.6% | 23.9% | 38.5% | 10 |
| 1990s | 22.3% | 17.0% | 28.6% | 10 |
| 2000s | 24.5% | 21.5% | 26.8% | 10 |
| 2010s | 28.0% | 24.7% | 32.0% | 10 |
| 2020s | 32.8% | 31.2% | 35.0% | 6 |
Countries ranked near Turkey
- 39 Czechia 32.6% compare
- 40 India 32.6% compare
- 41 Faroe Islands 31.5% compare
- 43 Iraq 31.4% compare
- 44 Democratic Republic of Congo 31.3% compare
- 45 Netherlands 31.0% 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 savings in Turkey?
- Gross domestic savings in Turkey was 31.4% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Turkey?
- The highest recorded value was 39.0% in 1969.
- What is the lowest gross domestic savings recorded in Turkey?
- The lowest recorded value was 17.0% in 1991.
- How does Turkey rank for gross domestic savings?
- Turkey ranks 42nd out of 188 countries with data for 2025.
- Is gross domestic savings rising or falling in Turkey?
- Over the last ten years it is up 9.3%. The long-run trend across the full record is falling.
- Where does this Turkey data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.