Gross savings (current LCU), per unit of GDP in Turkey
Turkey: Gross savings (current LCU), per unit of GDP was 9.81 current LCU per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
9.81 current LCU per US$ of GDP
Change on year
up 30.2%
World rank
68th
of 178 countries
All-time high
9.81 current LCU per US$ of GDP
in 2024
All-time low
0 current LCU per US$ of GDP
in 1974
Years of data
51
1974–2024
Gross savings (current LCU), per unit of GDP in Turkey, 1974–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gross savings (current lcu), per unit of gdp in Turkey stood at 9.81 current LCU per US$ of GDP. That is the highest value across all 51 years on record.
That represents a change of up 30.2% on the previous year and up 1,571.3% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Turkey peaked at 9.81 current LCU per US$ of GDP in 2024 and was at its lowest, 0 current LCU per US$ of GDP, in 1974.
That places Turkey 68th out of 178 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 savings (current LCU), per unit of GDP in Turkey, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1974 | 0 current LCU per US$ of GDP | — |
| 1975 | 0 current LCU per US$ of GDP | +2.0% |
| 1976 | 0 current LCU per US$ of GDP | +18.9% |
| 1977 | 0 current LCU per US$ of GDP | +5.3% |
| 1978 | 0 current LCU per US$ of GDP | +29.2% |
| 1979 | 0 current LCU per US$ of GDP | +40.8% |
| 1980 | 0 current LCU per US$ of GDP | +109.7% |
| 1981 | 0 current LCU per US$ of GDP | +64.7% |
| 1982 | 0.0001 current LCU per US$ of GDP | +43.9% |
| 1983 | 0.0001 current LCU per US$ of GDP | +24.8% |
| 1984 | 0.0001 current LCU per US$ of GDP | +66.5% |
| 1985 | 0.0002 current LCU per US$ of GDP | +68.5% |
| 1986 | 0.0003 current LCU per US$ of GDP | +42.6% |
| 1987 | 0.0002 current LCU per US$ of GDP | -20.1% |
| 1988 | 0.0004 current LCU per US$ of GDP | +95.1% |
| 1989 | 0.0006 current LCU per US$ of GDP | +36.9% |
| 1990 | 0.0006 current LCU per US$ of GDP | +2.3% |
| 1991 | 0.0008 current LCU per US$ of GDP | +36.8% |
| 1992 | 0.0013 current LCU per US$ of GDP | +62.9% |
| 1993 | 0.002 current LCU per US$ of GDP | +61.3% |
| 1994 | 0.0054 current LCU per US$ of GDP | +164.8% |
| 1995 | 0.0131 current LCU per US$ of GDP | +143.1% |
| 1996 | 0.0236 current LCU per US$ of GDP | +80.4% |
| 1997 | 0.0421 current LCU per US$ of GDP | +78.1% |
| 1998 | 0.0708 current LCU per US$ of GDP | +68.2% |
| 1999 | 0.0922 current LCU per US$ of GDP | +30.3% |
| 2000 | 0.1362 current LCU per US$ of GDP | +47.6% |
| 2001 | 0.2852 current LCU per US$ of GDP | +109.4% |
| 2002 | 0.3478 current LCU per US$ of GDP | +21.9% |
| 2003 | 0.3218 current LCU per US$ of GDP | -7.5% |
| 2004 | 0.3249 current LCU per US$ of GDP | +1.0% |
| 2005 | 0.3322 current LCU per US$ of GDP | +2.3% |
| 2006 | 0.3688 current LCU per US$ of GDP | +11.0% |
| 2007 | 0.3294 current LCU per US$ of GDP | -10.7% |
| 2008 | 0.3398 current LCU per US$ of GDP | +3.2% |
| 2009 | 0.362 current LCU per US$ of GDP | +6.5% |
| 2010 | 0.3613 current LCU per US$ of GDP | -0.2% |
| 2011 | 0.4126 current LCU per US$ of GDP | +14.2% |
| 2012 | 0.457 current LCU per US$ of GDP | +10.8% |
| 2013 | 0.5015 current LCU per US$ of GDP | +9.7% |
| 2014 | 0.5872 current LCU per US$ of GDP | +17.1% |
| 2015 | 0.7559 current LCU per US$ of GDP | +28.7% |
| 2016 | 0.8259 current LCU per US$ of GDP | +9.3% |
| 2017 | 1.05 current LCU per US$ of GDP | +27.2% |
| 2018 | 1.48 current LCU per US$ of GDP | +41.0% |
| 2019 | 1.68 current LCU per US$ of GDP | +13.3% |
| 2020 | 2.11 current LCU per US$ of GDP | +25.7% |
| 2021 | 2.97 current LCU per US$ of GDP | +41.1% |
| 2022 | 5.62 current LCU per US$ of GDP | +88.9% |
| 2023 | 7.54 current LCU per US$ of GDP | +34.1% |
| 2024 | 9.81 current LCU per US$ of GDP | +30.2% |
Turkey compared with similar countries
- Turkey's 9.81 current LCU per US$ of GDP is above the median for upper middle income countries, which is 3.51 current LCU per US$ of GDP, 2.8× the median. (49 countries reporting)
- Turkey's 9.81 current LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.3544 current LCU per US$ of GDP, 27.7× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 6 |
| 1980s | 0.0002 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0.0006 current LCU per US$ of GDP | 10 |
| 1990s | 0.0252 current LCU per US$ of GDP | 0.0006 current LCU per US$ of GDP | 0.0922 current LCU per US$ of GDP | 10 |
| 2000s | 0.3148 current LCU per US$ of GDP | 0.1362 current LCU per US$ of GDP | 0.3688 current LCU per US$ of GDP | 10 |
| 2010s | 0.811 current LCU per US$ of GDP | 0.3613 current LCU per US$ of GDP | 1.68 current LCU per US$ of GDP | 10 |
| 2020s | 5.61 current LCU per US$ of GDP | 2.11 current LCU per US$ of GDP | 9.81 current LCU per US$ of GDP | 5 |
Countries ranked near Turkey
- 65 Mauritania 13.68 current LCU per US$ of GDP compare
- 66 Nicaragua 10.43 current LCU per US$ of GDP compare
- 67 Kyrgyzstan 10.41 current LCU per US$ of GDP compare
- 69 Mauritius 9.8 current LCU per US$ of GDP compare
- 70 Zambia 8.41 current LCU per US$ of GDP compare
- 71 Vanuatu 8.25 current LCU per US$ of GDP 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 savings (current lcu), per unit of gdp in Turkey?
- Gross savings (current lcu), per unit of gdp in Turkey was 9.81 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Turkey?
- The highest recorded value was 9.81 current LCU per US$ of GDP in 2024.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Turkey?
- The lowest recorded value was 0 current LCU per US$ of GDP in 1974.
- How does Turkey rank for gross savings (current lcu), per unit of gdp?
- Turkey ranks 68th out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Turkey?
- Over the last ten years it is up 1,571.3%. 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 savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.