Gross savings (current US$), per unit of GDP in Turkey
Turkey: Gross savings (current US$), per unit of GDP was 0.2991 current US$ per US$ of GDP in 2024. ▼ Falling
Gross savings (current US$), per unit of GDP in Turkey, 1974–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross savings (current us$), per unit of gdp in Turkey stood at 0.2991 current US$ per US$ of GDP.
That represents a change of down 5.8% on the previous year and up 11.5% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Turkey peaked at 0.384 current US$ per US$ of GDP in 1986 and was at its lowest, 0.1819 current US$ per US$ of GDP, in 1994.
That places Turkey 41st out of 178 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 51 years of available data.
Gross savings (current US$), per unit of GDP in Turkey, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.3215 current US$ per US$ of GDP | — |
| 1975 | 0.3279 current US$ per US$ of GDP | +2.0% |
| 1976 | 0.341 current US$ per US$ of GDP | +4.0% |
| 1977 | 0.3193 current US$ per US$ of GDP | -6.4% |
| 1978 | 0.3093 current US$ per US$ of GDP | -3.1% |
| 1979 | 0.3371 current US$ per US$ of GDP | +9.0% |
| 1980 | 0.2882 current US$ per US$ of GDP | -14.5% |
| 1981 | 0.3251 current US$ per US$ of GDP | +12.8% |
| 1982 | 0.3186 current US$ per US$ of GDP | -2.0% |
| 1983 | 0.2881 current US$ per US$ of GDP | -9.6% |
| 1984 | 0.294 current US$ per US$ of GDP | +2.1% |
| 1985 | 0.3482 current US$ per US$ of GDP | +18.4% |
| 1986 | 0.384 current US$ per US$ of GDP | +10.3% |
| 1987 | 0.2417 current US$ per US$ of GDP | -37.1% |
| 1988 | 0.2843 current US$ per US$ of GDP | +17.6% |
| 1989 | 0.2608 current US$ per US$ of GDP | -8.3% |
| 1990 | 0.2169 current US$ per US$ of GDP | -16.8% |
| 1991 | 0.1855 current US$ per US$ of GDP | -14.5% |
| 1992 | 0.1835 current US$ per US$ of GDP | -1.1% |
| 1993 | 0.1851 current US$ per US$ of GDP | +0.9% |
| 1994 | 0.1819 current US$ per US$ of GDP | -1.7% |
| 1995 | 0.2857 current US$ per US$ of GDP | +57.0% |
| 1996 | 0.2902 current US$ per US$ of GDP | +1.6% |
| 1997 | 0.2771 current US$ per US$ of GDP | -4.5% |
| 1998 | 0.2714 current US$ per US$ of GDP | -2.0% |
| 1999 | 0.2202 current US$ per US$ of GDP | -18.9% |
| 2000 | 0.2178 current US$ per US$ of GDP | -1.1% |
| 2001 | 0.2327 current US$ per US$ of GDP | +6.8% |
| 2002 | 0.2307 current US$ per US$ of GDP | -0.8% |
| 2003 | 0.2144 current US$ per US$ of GDP | -7.1% |
| 2004 | 0.2279 current US$ per US$ of GDP | +6.3% |
| 2005 | 0.2473 current US$ per US$ of GDP | +8.5% |
| 2006 | 0.2582 current US$ per US$ of GDP | +4.4% |
| 2007 | 0.2528 current US$ per US$ of GDP | -2.1% |
| 2008 | 0.2611 current US$ per US$ of GDP | +3.3% |
| 2009 | 0.2336 current US$ per US$ of GDP | -10.5% |
| 2010 | 0.2404 current US$ per US$ of GDP | +2.9% |
| 2011 | 0.2463 current US$ per US$ of GDP | +2.4% |
| 2012 | 0.2545 current US$ per US$ of GDP | +3.3% |
| 2013 | 0.2634 current US$ per US$ of GDP | +3.5% |
| 2014 | 0.2683 current US$ per US$ of GDP | +1.9% |
| 2015 | 0.2779 current US$ per US$ of GDP | +3.6% |
| 2016 | 0.2735 current US$ per US$ of GDP | -1.6% |
| 2017 | 0.2879 current US$ per US$ of GDP | +5.3% |
| 2018 | 0.3067 current US$ per US$ of GDP | +6.5% |
| 2019 | 0.2957 current US$ per US$ of GDP | -3.6% |
| 2020 | 0.3009 current US$ per US$ of GDP | +1.8% |
| 2021 | 0.3361 current US$ per US$ of GDP | +11.7% |
| 2022 | 0.3395 current US$ per US$ of GDP | +1.0% |
| 2023 | 0.3175 current US$ per US$ of GDP | -6.5% |
| 2024 | 0.2991 current US$ per US$ of GDP | -5.8% |
Turkey compared with similar countries
- Turkey's 0.2991 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.2338 current US$ per US$ of GDP, 1.3× the median. (49 countries reporting)
- Turkey's 0.2991 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.2345 current US$ per US$ of GDP, 1.3× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), per unit of GDP in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +57.0% | 0.1819 current US$ per US$ of GDP | 0.2857 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.326 current US$ per US$ of GDP | 0.3093 current US$ per US$ of GDP | 0.341 current US$ per US$ of GDP | 6 |
| 1980s | 0.3033 current US$ per US$ of GDP | 0.2417 current US$ per US$ of GDP | 0.384 current US$ per US$ of GDP | 10 |
| 1990s | 0.2298 current US$ per US$ of GDP | 0.1819 current US$ per US$ of GDP | 0.2902 current US$ per US$ of GDP | 10 |
| 2000s | 0.2376 current US$ per US$ of GDP | 0.2144 current US$ per US$ of GDP | 0.2611 current US$ per US$ of GDP | 10 |
| 2010s | 0.2715 current US$ per US$ of GDP | 0.2404 current US$ per US$ of GDP | 0.3067 current US$ per US$ of GDP | 10 |
| 2020s | 0.3186 current US$ per US$ of GDP | 0.2991 current US$ per US$ of GDP | 0.3395 current US$ per US$ of GDP | 5 |
Countries ranked near Turkey
- 38 Benin 0.3027 current US$ per US$ of GDP compare
- 39 Philippines 0.3011 current US$ per US$ of GDP compare
- 40 Samoa 0.3003 current US$ per US$ of GDP compare
- 42 Uzbekistan 0.2954 current US$ per US$ of GDP compare
- 43 Morocco 0.2938 current US$ per US$ of GDP compare
- 44 Hong Kong 0.292 current US$ 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 us$), per unit of gdp in Turkey?
- Gross savings (current us$), per unit of gdp in Turkey was 0.2991 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Turkey?
- The highest recorded value was 0.384 current US$ per US$ of GDP in 1986.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Turkey?
- The lowest recorded value was 0.1819 current US$ per US$ of GDP in 1994.
- How does Turkey rank for gross savings (current us$), per unit of gdp?
- Turkey ranks 41st out of 178 countries with data for 2024.
- Is gross savings (current us$), per unit of gdp rising or falling in Turkey?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is falling.
- Where does this Turkey data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.