Inflation, GDP deflator (annual %) in Turkey
Turkey: Inflation, GDP deflator (annual %) was 36.4% in 2025. ◆ Volatile
Inflation, GDP deflator in Turkey, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
In 2025, inflation, gdp deflator in Turkey stood at 36.4%.
That represents a change of down 38.6% on the previous year and up 362.2% over ten years.
Over the whole period, inflation, gdp deflator in Turkey peaked at 157.8% in 1995 and was at its lowest, 2.4%, in 1964.
That places Turkey 7th out of 214 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.
Inflation, GDP deflator (annual %) in Turkey, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 4.4% | — |
| 1962 | 5.8% | +32.4% |
| 1963 | 6.4% | +10.8% |
| 1964 | 2.4% | -63.3% |
| 1965 | 4.1% | +75.0% |
| 1966 | 5.9% | +44.4% |
| 1967 | 5.9% | -0.1% |
| 1968 | 4.8% | -19.9% |
| 1969 | 6.9% | +44.5% |
| 1970 | 8.6% | +25.7% |
| 1971 | 16.9% | +95.5% |
| 1972 | 11.0% | -35.1% |
| 1973 | 21.9% | +99.8% |
| 1974 | 29.0% | +32.2% |
| 1975 | 21.3% | -26.5% |
| 1976 | 15.6% | -26.7% |
| 1977 | 24.1% | +54.3% |
| 1978 | 47.5% | +97.4% |
| 1979 | 76.7% | +61.4% |
| 1980 | 93.0% | +21.2% |
| 1981 | 44.1% | -52.6% |
| 1982 | 28.2% | -35.9% |
| 1983 | 26.3% | -7.0% |
| 1984 | 48.2% | +83.7% |
| 1985 | 53.1% | +10.0% |
| 1986 | 36.0% | -32.1% |
| 1987 | 33.6% | -6.7% |
| 1988 | 69.0% | +105.3% |
| 1989 | 75.4% | +9.3% |
| 1990 | 58.2% | -22.8% |
| 1991 | 59.2% | +1.6% |
| 1992 | 65.2% | +10.2% |
| 1993 | 68.4% | +4.9% |
| 1994 | 104.7% | +53.2% |
| 1995 | 157.8% | +50.7% |
| 1996 | 76.8% | -51.4% |
| 1997 | 83.1% | +8.3% |
| 1998 | 76.3% | -8.2% |
| 1999 | 54.1% | -29.1% |
| 2000 | 49.4% | -8.7% |
| 2001 | 52.6% | +6.5% |
| 2002 | 37.6% | -28.5% |
| 2003 | 23.3% | -38.0% |
| 2004 | 12.4% | -46.9% |
| 2005 | 7.1% | -43.0% |
| 2006 | 9.3% | +32.3% |
| 2007 | 6.2% | -33.0% |
| 2008 | 12.0% | +92.2% |
| 2009 | 5.6% | -53.5% |
| 2010 | 6.9% | +23.7% |
| 2011 | 8.3% | +20.7% |
| 2012 | 7.3% | -12.5% |
| 2013 | 6.2% | -15.2% |
| 2014 | 7.6% | +23.4% |
| 2015 | 7.9% | +3.2% |
| 2016 | 8.1% | +3.1% |
| 2017 | 11.1% | +37.0% |
| 2018 | 16.7% | +50.3% |
| 2019 | 14.2% | -15.4% |
| 2020 | 14.7% | +4.1% |
| 2021 | 29.3% | +98.9% |
| 2022 | 95.5% | +226.0% |
| 2023 | 68.3% | -28.5% |
| 2024 | 59.3% | -13.2% |
| 2025 | 36.4% | -38.6% |
Turkey compared with similar countries
- Turkey's 36.4% is above the median for upper middle income countries, which is 3.3%, 10.9× the median. (59 countries reporting)
- Turkey's 36.4% is above the median for Europe & Central Asia, which is 3.5%, 10.5× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.2% | 2.4% | 6.9% | 9 |
| 1970s | 27.3% | 8.6% | 76.7% | 10 |
| 1980s | 50.7% | 26.3% | 93.0% | 10 |
| 1990s | 80.4% | 54.1% | 157.8% | 10 |
| 2000s | 21.5% | 5.6% | 52.6% | 10 |
| 2010s | 9.4% | 6.2% | 16.7% | 10 |
| 2020s | 50.6% | 14.7% | 95.5% | 6 |
Countries ranked near Turkey
More economy & growth data for Turkey
- SDRs holdings, US dollar, annual growth rate 5.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 87.93 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0288 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 64.2 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0039 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 72.49 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is inflation, gdp deflator in Turkey?
- Inflation, gdp deflator in Turkey was 36.4% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Turkey?
- The highest recorded value was 157.8% in 1995.
- What is the lowest inflation, gdp deflator recorded in Turkey?
- The lowest recorded value was 2.4% in 1964.
- How does Turkey rank for inflation, gdp deflator?
- Turkey ranks 7th out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Turkey?
- Over the last ten years it is up 362.2%. 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 Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.