Gross value added at basic prices (GVA) in Turkey
Turkey: Gross value added at basic prices (GVA) was 1.20 trillion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
1.20 trillion constant 2015 US$
Change on year
up 3.2%
World rank
15th
of 194 countries
All-time high
1.20 trillion constant 2015 US$
in 2025
All-time low
97.69 billion constant 2015 US$
in 1968
Years of data
58
1968–2025
Gross value added at basic prices (GVA) in Turkey, 1968–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Turkey recorded 1.20 trillion constant 2015 US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 58 years on record.
That represents a change of up 3.2% on the previous year and up 57.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in Turkey peaked at 1.20 trillion constant 2015 US$ in 2025 and was at its lowest, 97.69 billion constant 2015 US$, in 1968.
Turkey ranks 15th of 194 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Turkey, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1968 | 97.69 billion constant 2015 US$ | — |
| 1969 | 101.69 billion constant 2015 US$ | +4.1% |
| 1970 | 105.35 billion constant 2015 US$ | +3.6% |
| 1971 | 111.78 billion constant 2015 US$ | +6.1% |
| 1972 | 119.46 billion constant 2015 US$ | +6.9% |
| 1973 | 123.11 billion constant 2015 US$ | +3.1% |
| 1974 | 130.96 billion constant 2015 US$ | +6.4% |
| 1975 | 139.97 billion constant 2015 US$ | +6.9% |
| 1976 | 153.23 billion constant 2015 US$ | +9.5% |
| 1977 | 158.93 billion constant 2015 US$ | +3.7% |
| 1978 | 160.60 billion constant 2015 US$ | +1.0% |
| 1979 | 158.41 billion constant 2015 US$ | -1.4% |
| 1980 | 157.44 billion constant 2015 US$ | -0.6% |
| 1981 | 165.22 billion constant 2015 US$ | +4.9% |
| 1982 | 171.60 billion constant 2015 US$ | +3.9% |
| 1983 | 179.57 billion constant 2015 US$ | +4.6% |
| 1984 | 191.62 billion constant 2015 US$ | +6.7% |
| 1985 | 198.56 billion constant 2015 US$ | +3.6% |
| 1986 | 211.49 billion constant 2015 US$ | +6.5% |
| 1987 | 231.44 billion constant 2015 US$ | +9.4% |
| 1988 | 237.50 billion constant 2015 US$ | +2.6% |
| 1989 | 238.19 billion constant 2015 US$ | +0.3% |
| 1990 | 257.99 billion constant 2015 US$ | +8.3% |
| 1991 | 259.77 billion constant 2015 US$ | +0.7% |
| 1992 | 275.07 billion constant 2015 US$ | +5.9% |
| 1993 | 294.80 billion constant 2015 US$ | +7.2% |
| 1994 | 283.11 billion constant 2015 US$ | -4.0% |
| 1995 | 303.77 billion constant 2015 US$ | +7.3% |
| 1996 | 322.34 billion constant 2015 US$ | +6.1% |
| 1997 | 344.83 billion constant 2015 US$ | +7.0% |
| 1998 | 355.51 billion constant 2015 US$ | +3.1% |
| 1999 | 345.11 billion constant 2015 US$ | -2.9% |
| 2000 | 368.95 billion constant 2015 US$ | +6.9% |
| 2001 | 348.71 billion constant 2015 US$ | -5.5% |
| 2002 | 370.88 billion constant 2015 US$ | +6.4% |
| 2003 | 391.73 billion constant 2015 US$ | +5.6% |
| 2004 | 430.52 billion constant 2015 US$ | +9.9% |
| 2005 | 468.39 billion constant 2015 US$ | +8.8% |
| 2006 | 501.36 billion constant 2015 US$ | +7.0% |
| 2007 | 526.34 billion constant 2015 US$ | +5.0% |
| 2008 | 532.12 billion constant 2015 US$ | +1.1% |
| 2009 | 508.41 billion constant 2015 US$ | -4.5% |
| 2010 | 544.86 billion constant 2015 US$ | +7.2% |
| 2011 | 606.68 billion constant 2015 US$ | +11.3% |
| 2012 | 637.95 billion constant 2015 US$ | +5.2% |
| 2013 | 688.41 billion constant 2015 US$ | +7.9% |
| 2014 | 724.99 billion constant 2015 US$ | +5.3% |
| 2015 | 763.40 billion constant 2015 US$ | +5.3% |
| 2016 | 788.43 billion constant 2015 US$ | +3.3% |
| 2017 | 853.96 billion constant 2015 US$ | +8.3% |
| 2018 | 887.19 billion constant 2015 US$ | +3.9% |
| 2019 | 899.92 billion constant 2015 US$ | +1.4% |
| 2020 | 908.62 billion constant 2015 US$ | +1.0% |
| 2021 | 1.03 trillion constant 2015 US$ | +13.0% |
| 2022 | 1.09 trillion constant 2015 US$ | +6.0% |
| 2023 | 1.13 trillion constant 2015 US$ | +4.2% |
| 2024 | 1.17 trillion constant 2015 US$ | +2.9% |
| 2025 | 1.20 trillion constant 2015 US$ | +3.2% |
Turkey compared with similar countries
- Turkey's 1.20 trillion constant 2015 US$ is above the median for upper middle income countries, which is 45.40 billion constant 2015 US$, 26.5× the median. (57 countries reporting)
- Turkey's 1.20 trillion constant 2015 US$ is above the median for Europe & Central Asia, which is 71.18 billion constant 2015 US$, 16.9× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 99.69 billion constant 2015 US$ | 97.69 billion constant 2015 US$ | 101.69 billion constant 2015 US$ | 2 |
| 1970s | 136.18 billion constant 2015 US$ | 105.35 billion constant 2015 US$ | 160.60 billion constant 2015 US$ | 10 |
| 1980s | 198.26 billion constant 2015 US$ | 157.44 billion constant 2015 US$ | 238.19 billion constant 2015 US$ | 10 |
| 1990s | 304.23 billion constant 2015 US$ | 257.99 billion constant 2015 US$ | 355.51 billion constant 2015 US$ | 10 |
| 2000s | 444.74 billion constant 2015 US$ | 348.71 billion constant 2015 US$ | 532.12 billion constant 2015 US$ | 10 |
| 2010s | 739.58 billion constant 2015 US$ | 544.86 billion constant 2015 US$ | 899.92 billion constant 2015 US$ | 10 |
| 2020s | 1.09 trillion constant 2015 US$ | 908.62 billion constant 2015 US$ | 1.20 trillion constant 2015 US$ | 6 |
Countries ranked near Turkey
- 12 Spain 1.35 trillion constant 2015 US$ compare
- 13 Mexico 1.27 trillion constant 2015 US$ compare
- 14 Indonesia 1.25 trillion constant 2015 US$ compare
- 16 Saudi Arabia 914.39 billion constant 2015 US$ compare
- 17 Netherlands 848.45 billion constant 2015 US$ compare
- 18 Switzerland 826.32 billion constant 2015 US$ 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 value added at basic prices (gva) in Turkey?
- Gross value added at basic prices (gva) in Turkey was 1.20 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Turkey?
- The highest recorded value was 1.20 trillion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Turkey?
- The lowest recorded value was 97.69 billion constant 2015 US$ in 1968.
- How does Turkey rank for gross value added at basic prices (gva)?
- Turkey ranks 15th out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Turkey?
- Over the last ten years it is up 57.7%. The long-run trend across the full record is volatile.
- 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 value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.