Gross value added at basic prices (GVA) in Turkey
Turkey: Gross value added at basic prices (GVA) was 1.42 trillion current US$ in 2025. ◆ Volatile
Latest (2025)
1.42 trillion current US$
Change on year
up 17.3%
World rank
15th
of 207 countries
All-time high
1.42 trillion current US$
in 2025
All-time low
7.42 billion current US$
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 Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross value added at basic prices (gva) in Turkey stood at 1.42 trillion current US$. That is the highest value across all 66 years on record.
That represents a change of up 17.3% on the previous year and up 85.5% over ten years.
Over the whole period, gross value added at basic prices (gva) in Turkey peaked at 1.42 trillion current US$ in 2025 and was at its lowest, 7.42 billion current US$, in 1960.
That places Turkey 15th out of 207 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Turkey, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 7.42 billion current US$ | — |
| 1961 | 7.82 billion current US$ | +5.4% |
| 1962 | 8.74 billion current US$ | +11.8% |
| 1963 | 10.16 billion current US$ | +16.1% |
| 1964 | 10.93 billion current US$ | +7.7% |
| 1965 | 11.62 billion current US$ | +6.3% |
| 1966 | 13.69 billion current US$ | +17.8% |
| 1967 | 15.19 billion current US$ | +11.0% |
| 1968 | 16.99 billion current US$ | +11.9% |
| 1969 | 18.96 billion current US$ | +11.6% |
| 1970 | 17.38 billion current US$ | -8.3% |
| 1971 | 15.70 billion current US$ | -9.7% |
| 1972 | 20.01 billion current US$ | +27.5% |
| 1973 | 25.21 billion current US$ | +26.0% |
| 1974 | 34.38 billion current US$ | +36.3% |
| 1975 | 44.62 billion current US$ | +29.8% |
| 1976 | 49.79 billion current US$ | +11.6% |
| 1977 | 56.94 billion current US$ | +14.4% |
| 1978 | 64.18 billion current US$ | +12.7% |
| 1979 | 87.52 billion current US$ | +36.4% |
| 1980 | 67.89 billion current US$ | -22.4% |
| 1981 | 70.15 billion current US$ | +3.3% |
| 1982 | 63.43 billion current US$ | -9.6% |
| 1983 | 60.52 billion current US$ | -4.6% |
| 1984 | 58.59 billion current US$ | -3.2% |
| 1985 | 65.35 billion current US$ | +11.5% |
| 1986 | 73.45 billion current US$ | +12.4% |
| 1987 | 84.10 billion current US$ | +14.5% |
| 1988 | 87.89 billion current US$ | +4.5% |
| 1989 | 103.90 billion current US$ | +18.2% |
| 1990 | 145.52 billion current US$ | +40.1% |
| 1991 | 145.71 billion current US$ | +0.1% |
| 1992 | 153.18 billion current US$ | +5.1% |
| 1993 | 173.02 billion current US$ | +13.0% |
| 1994 | 126.06 billion current US$ | -27.1% |
| 1995 | 212.10 billion current US$ | +68.3% |
| 1996 | 229.25 billion current US$ | +8.1% |
| 1997 | 239.84 billion current US$ | +4.6% |
| 1998 | 254.24 billion current US$ | +6.0% |
| 1999 | 234.27 billion current US$ | -7.9% |
| 2000 | 246.19 billion current US$ | +5.1% |
| 2001 | 180.53 billion current US$ | -26.7% |
| 2002 | 212.81 billion current US$ | +17.9% |
| 2003 | 276.80 billion current US$ | +30.1% |
| 2004 | 359.11 billion current US$ | +29.7% |
| 2005 | 444.76 billion current US$ | +23.8% |
| 2006 | 490.38 billion current US$ | +10.3% |
| 2007 | 608.32 billion current US$ | +24.1% |
| 2008 | 691.56 billion current US$ | +13.7% |
| 2009 | 584.24 billion current US$ | -15.5% |
| 2010 | 689.22 billion current US$ | +18.0% |
| 2011 | 744.16 billion current US$ | +8.0% |
| 2012 | 782.91 billion current US$ | +5.2% |
| 2013 | 844.45 billion current US$ | +7.9% |
| 2014 | 834.59 billion current US$ | -1.2% |
| 2015 | 763.40 billion current US$ | -8.5% |
| 2016 | 768.48 billion current US$ | +0.7% |
| 2017 | 767.06 billion current US$ | -0.2% |
| 2018 | 707.98 billion current US$ | -7.7% |
| 2019 | 700.25 billion current US$ | -1.1% |
| 2020 | 654.86 billion current US$ | -6.5% |
| 2021 | 753.60 billion current US$ | +15.1% |
| 2022 | 831.28 billion current US$ | +10.3% |
| 2023 | 1.01 trillion current US$ | +22.1% |
| 2024 | 1.21 trillion current US$ | +19.0% |
| 2025 | 1.42 trillion current US$ | +17.3% |
Turkey compared with similar countries
- Turkey's 1.42 trillion current US$ is above the median for upper middle income countries, which is 39.41 billion current US$, 35.9× the median. (58 countries reporting)
- Turkey's 1.42 trillion current US$ is above the median for Europe & Central Asia, which is 89.25 billion current US$, 15.9× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.15 billion current US$ | 7.42 billion current US$ | 18.96 billion current US$ | 10 |
| 1970s | 41.58 billion current US$ | 15.70 billion current US$ | 87.52 billion current US$ | 10 |
| 1980s | 73.53 billion current US$ | 58.59 billion current US$ | 103.90 billion current US$ | 10 |
| 1990s | 191.32 billion current US$ | 126.06 billion current US$ | 254.24 billion current US$ | 10 |
| 2000s | 409.47 billion current US$ | 180.53 billion current US$ | 691.56 billion current US$ | 10 |
| 2010s | 760.25 billion current US$ | 689.22 billion current US$ | 844.45 billion current US$ | 10 |
| 2020s | 979.72 billion current US$ | 654.86 billion current US$ | 1.42 trillion current US$ | 6 |
Countries ranked near Turkey
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 1.42 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Turkey?
- The highest recorded value was 1.42 trillion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Turkey?
- The lowest recorded value was 7.42 billion current US$ in 1960.
- How does Turkey rank for gross value added at basic prices (gva)?
- Turkey ranks 15th 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 85.5%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.