Industry (including construction), value added in Turkey
Turkey: Industry (including construction), value added was 2.1% in 2024. ◆ Volatile
Industry (including construction), value added in Turkey, 1969–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, industry (including construction), value added in Turkey stood at 2.1%.
Compared with earlier readings it is down 34.6% on the previous year and down 59.0% over ten years.
Over the whole period, industry (including construction), value added in Turkey peaked at 19.3% in 2011 and was at its lowest, -10.9%, in 2009.
Turkey ranks 109th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Turkey, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1969 | 9.3% | — |
| 1970 | 3.7% | -60.3% |
| 1971 | 6.1% | +66.1% |
| 1972 | 10.5% | +70.2% |
| 1973 | 11.1% | +6.4% |
| 1974 | 5.8% | -47.9% |
| 1975 | 7.3% | +25.2% |
| 1976 | 9.8% | +34.8% |
| 1977 | 5.4% | -45.4% |
| 1978 | -0.8% | -115.5% |
| 1979 | -3.4% | +314.5% |
| 1980 | -1.0% | -71.9% |
| 1981 | 7.6% | -890.9% |
| 1982 | 2.0% | -74.4% |
| 1983 | 8.3% | +325.2% |
| 1984 | 10.3% | +23.2% |
| 1985 | 7.7% | -24.8% |
| 1986 | 11.1% | +43.3% |
| 1987 | 10.3% | -6.5% |
| 1988 | 0.2% | -98.0% |
| 1989 | 4.9% | +2350.5% |
| 1990 | 6.6% | +33.5% |
| 1991 | 2.4% | -63.4% |
| 1992 | 6.0% | +148.8% |
| 1993 | 8.1% | +35.8% |
| 1994 | -5.0% | -160.9% |
| 1995 | 8.7% | -276.5% |
| 1996 | 6.8% | -22.1% |
| 1997 | 9.2% | +35.6% |
| 1998 | 1.2% | -87.4% |
| 1999 | -4.5% | -486.5% |
| 2000 | 7.3% | -261.3% |
| 2001 | -10.2% | -240.3% |
| 2002 | 6.7% | -166.1% |
| 2003 | 9.4% | +39.7% |
| 2004 | 14.1% | +49.9% |
| 2005 | 10.7% | -23.8% |
| 2006 | 12.7% | +18.8% |
| 2007 | 7.5% | -41.5% |
| 2008 | -0.7% | -109.7% |
| 2009 | -10.9% | +1406.9% |
| 2010 | 11.5% | -204.9% |
| 2011 | 19.3% | +68.7% |
| 2012 | 4.7% | -75.5% |
| 2013 | 10.9% | +129.5% |
| 2014 | 5.0% | -53.9% |
| 2015 | 4.6% | -7.7% |
| 2016 | 4.9% | +6.6% |
| 2017 | 9.0% | +81.9% |
| 2018 | 0.7% | -91.8% |
| 2019 | -2.4% | -431.5% |
| 2020 | 1.2% | -148.3% |
| 2021 | 14.6% | +1137.6% |
| 2022 | -0.3% | -101.9% |
| 2023 | 3.1% | -1234.5% |
| 2024 | 2.1% | -34.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.3% | 9.3% | 9.3% | 1 |
| 1970s | 5.5% | -3.4% | 11.1% | 10 |
| 1980s | 6.1% | -1.0% | 11.1% | 10 |
| 1990s | 4.0% | -5.0% | 9.2% | 10 |
| 2000s | 4.7% | -10.9% | 14.1% | 10 |
| 2010s | 6.8% | -2.4% | 19.3% | 10 |
| 2020s | 4.1% | -0.3% | 14.6% | 5 |
Countries ranked near Turkey
More economy & growth data for Turkey
- GDP (current US$), annual growth rate 17.52 % change on previous year (2025)
- GDP (current US$), per capita 18,599 current US$ per person (2025)
- GDP (current LCU), annual growth rate 41.34 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 39.45 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 733,837 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 3.6 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.854 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 15,883 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3.6 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1.52 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added in Turkey?
- Industry (including construction), value added in Turkey was 2.1% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Turkey?
- The highest recorded value was 19.3% in 2011.
- What is the lowest industry (including construction), value added recorded in Turkey?
- The lowest recorded value was -10.9% in 2009.
- How does Turkey rank for industry (including construction), value added?
- Turkey ranks 109th out of 197 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Turkey?
- Over the last ten years it is down 59.0%. 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 Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.