Gross value added at basic prices (GVA) in Turkey
Turkey: Gross value added at basic prices (GVA) was 55.87 trillion current LCU in 2025. ◆ Volatile
Latest (2025)
55.87 trillion current LCU
Change on year
up 41.0%
World rank
31st
of 207 countries
All-time high
55.87 trillion current LCU
in 2025
All-time low
66,800 current LCU
in 1960
Years of data
66
1960–2025
Gross value added at basic prices (GVA) in Turkey, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Turkey stood at 55.87 trillion current LCU. That is the highest value across all 66 years on record.
That represents a change of up 41.0% on the previous year and up 2,590.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Turkey peaked at 55.87 trillion current LCU in 2025 and was at its lowest, 66,800 current LCU, in 1960.
Turkey ranks 31st of 207 countries on this measure, in the top quarter.
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 | current LCU | Change |
|---|---|---|
| 1960 | 66,800 current LCU | — |
| 1961 | 70,400 current LCU | +5.4% |
| 1962 | 78,700 current LCU | +11.8% |
| 1963 | 91,400 current LCU | +16.1% |
| 1964 | 98,400 current LCU | +7.7% |
| 1965 | 104,600 current LCU | +6.3% |
| 1966 | 123,200 current LCU | +17.8% |
| 1967 | 136,700 current LCU | +11.0% |
| 1968 | 152,900 current LCU | +11.9% |
| 1969 | 170,600 current LCU | +11.6% |
| 1970 | 191,200 current LCU | +12.1% |
| 1971 | 235,500 current LCU | +23.2% |
| 1972 | 280,200 current LCU | +19.0% |
| 1973 | 353,000 current LCU | +26.0% |
| 1974 | 481,300 current LCU | +36.3% |
| 1975 | 624,700 current LCU | +29.8% |
| 1976 | 796,700 current LCU | +27.5% |
| 1977 | 1.02 million current LCU | +28.7% |
| 1978 | 1.54 million current LCU | +50.3% |
| 1979 | 2.71 million current LCU | +76.1% |
| 1980 | 5.16 million current LCU | +90.2% |
| 1981 | 7.79 million current LCU | +50.9% |
| 1982 | 10.34 million current LCU | +32.8% |
| 1983 | 13.62 million current LCU | +31.7% |
| 1984 | 21.50 million current LCU | +57.9% |
| 1985 | 34.11 million current LCU | +58.6% |
| 1986 | 49.58 million current LCU | +45.3% |
| 1987 | 72.07 million current LCU | +45.4% |
| 1988 | 124.98 million current LCU | +73.4% |
| 1989 | 220.47 million current LCU | +76.4% |
| 1990 | 379.66 million current LCU | +72.2% |
| 1991 | 607.91 million current LCU | +60.1% |
| 1992 | 1.05 billion current LCU | +73.2% |
| 1993 | 1.90 billion current LCU | +80.6% |
| 1994 | 3.73 billion current LCU | +96.4% |
| 1995 | 9.72 billion current LCU | +160.5% |
| 1996 | 18.66 billion current LCU | +91.9% |
| 1997 | 36.42 billion current LCU | +95.2% |
| 1998 | 66.29 billion current LCU | +82.0% |
| 1999 | 98.11 billion current LCU | +48.0% |
| 2000 | 153.92 billion current LCU | +56.9% |
| 2001 | 221.26 billion current LCU | +43.7% |
| 2002 | 320.75 billion current LCU | +45.0% |
| 2003 | 415.44 billion current LCU | +29.5% |
| 2004 | 511.93 billion current LCU | +23.2% |
| 2005 | 597.57 billion current LCU | +16.7% |
| 2006 | 700.49 billion current LCU | +17.2% |
| 2007 | 792.60 billion current LCU | +13.2% |
| 2008 | 900.08 billion current LCU | +13.6% |
| 2009 | 905.54 billion current LCU | +0.6% |
| 2010 | 1.04 trillion current LCU | +14.4% |
| 2011 | 1.25 trillion current LCU | +20.3% |
| 2012 | 1.41 trillion current LCU | +12.8% |
| 2013 | 1.61 trillion current LCU | +14.3% |
| 2014 | 1.83 trillion current LCU | +13.6% |
| 2015 | 2.08 trillion current LCU | +13.7% |
| 2016 | 2.32 trillion current LCU | +11.8% |
| 2017 | 2.80 trillion current LCU | +20.6% |
| 2018 | 3.42 trillion current LCU | +22.2% |
| 2019 | 3.97 trillion current LCU | +16.2% |
| 2020 | 4.59 trillion current LCU | +15.5% |
| 2021 | 6.67 trillion current LCU | +45.3% |
| 2022 | 13.76 trillion current LCU | +106.3% |
| 2023 | 24.09 trillion current LCU | +75.1% |
| 2024 | 39.61 trillion current LCU | +64.4% |
| 2025 | 55.87 trillion current LCU | +41.0% |
Turkey compared with similar countries
- Turkey's 55.87 trillion current LCU is above the median for upper middle income countries, which is 896.75 billion current LCU, 62.3× the median. (58 countries reporting)
- Turkey's 55.87 trillion current LCU is above the median for Europe & Central Asia, which is 380.52 billion current LCU, 146.8× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 109,370 current LCU | 66,800 current LCU | 170,600 current LCU | 10 |
| 1970s | 824,120 current LCU | 191,200 current LCU | 2.71 million current LCU | 10 |
| 1980s | 55.96 million current LCU | 5.16 million current LCU | 220.47 million current LCU | 10 |
| 1990s | 23.69 billion current LCU | 379.66 million current LCU | 98.11 billion current LCU | 10 |
| 2000s | 551.96 billion current LCU | 153.92 billion current LCU | 905.54 billion current LCU | 10 |
| 2010s | 2.17 trillion current LCU | 1.04 trillion current LCU | 3.97 trillion current LCU | 10 |
| 2020s | 24.10 trillion current LCU | 4.59 trillion current LCU | 55.87 trillion current LCU | 6 |
Countries ranked near Turkey
- 28 Madagascar 82.15 trillion current LCU compare
- 29 Mongolia 81.42 trillion current LCU compare
- 30 Hungary 74.59 trillion current LCU compare
- 32 Bangladesh 53.82 trillion current LCU compare
- 33 Cote d'Ivoire 53.34 trillion current LCU compare
- 34 Costa Rica 47.91 trillion current LCU 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 55.87 trillion current LCU 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 55.87 trillion current LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Turkey?
- The lowest recorded value was 66,800 current LCU in 1960.
- How does Turkey rank for gross value added at basic prices (gva)?
- Turkey ranks 31st out of 207 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 2,590.8%. 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) (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.