Manufacturing, value added in Turkey
Turkey: Manufacturing, value added was 215.07 billion constant 2015 US$ in 2024. ◆ Volatile
Latest (2024)
215.07 billion constant 2015 US$
Change on year
down 0.5%
World rank
12th
of 186 countries
All-time high
216.20 billion constant 2015 US$
in 2023
All-time low
10.74 billion constant 2015 US$
in 1968
Years of data
57
1968–2024
Manufacturing, value added in Turkey, 1968–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2024, manufacturing, value added in Turkey stood at 215.07 billion constant 2015 US$.
The figure is down 0.5% on the previous year and up 55.5% over ten years.
Over the whole period, manufacturing, value added in Turkey peaked at 216.20 billion constant 2015 US$ in 2023 and was at its lowest, 10.74 billion constant 2015 US$, in 1968.
That places Turkey 12th out of 186 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Turkey, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1968 | 10.74 billion constant 2015 US$ | — |
| 1969 | 12.00 billion constant 2015 US$ | +11.7% |
| 1970 | 12.19 billion constant 2015 US$ | +1.6% |
| 1971 | 13.25 billion constant 2015 US$ | +8.7% |
| 1972 | 14.69 billion constant 2015 US$ | +10.9% |
| 1973 | 16.59 billion constant 2015 US$ | +12.9% |
| 1974 | 17.80 billion constant 2015 US$ | +7.3% |
| 1975 | 19.35 billion constant 2015 US$ | +8.7% |
| 1976 | 21.09 billion constant 2015 US$ | +9.0% |
| 1977 | 22.48 billion constant 2015 US$ | +6.6% |
| 1978 | 23.20 billion constant 2015 US$ | +3.2% |
| 1979 | 21.79 billion constant 2015 US$ | -6.1% |
| 1980 | 20.93 billion constant 2015 US$ | -3.9% |
| 1981 | 22.91 billion constant 2015 US$ | +9.4% |
| 1982 | 24.38 billion constant 2015 US$ | +6.4% |
| 1983 | 26.20 billion constant 2015 US$ | +7.5% |
| 1984 | 28.62 billion constant 2015 US$ | +9.3% |
| 1985 | 30.25 billion constant 2015 US$ | +5.7% |
| 1986 | 33.43 billion constant 2015 US$ | +10.5% |
| 1987 | 36.79 billion constant 2015 US$ | +10.1% |
| 1988 | 37.37 billion constant 2015 US$ | +1.6% |
| 1989 | 38.50 billion constant 2015 US$ | +3.0% |
| 1990 | 42.22 billion constant 2015 US$ | +9.7% |
| 1991 | 43.23 billion constant 2015 US$ | +2.4% |
| 1992 | 45.72 billion constant 2015 US$ | +5.8% |
| 1993 | 49.97 billion constant 2015 US$ | +9.3% |
| 1994 | 46.16 billion constant 2015 US$ | -7.6% |
| 1995 | 52.58 billion constant 2015 US$ | +13.9% |
| 1996 | 56.24 billion constant 2015 US$ | +7.0% |
| 1997 | 62.20 billion constant 2015 US$ | +10.6% |
| 1998 | 62.41 billion constant 2015 US$ | +0.3% |
| 1999 | 59.32 billion constant 2015 US$ | -5.0% |
| 2000 | 63.78 billion constant 2015 US$ | +7.5% |
| 2001 | 58.50 billion constant 2015 US$ | -8.3% |
| 2002 | 61.07 billion constant 2015 US$ | +4.4% |
| 2003 | 66.99 billion constant 2015 US$ | +9.7% |
| 2004 | 76.05 billion constant 2015 US$ | +13.5% |
| 2005 | 83.43 billion constant 2015 US$ | +9.7% |
| 2006 | 91.50 billion constant 2015 US$ | +9.7% |
| 2007 | 97.70 billion constant 2015 US$ | +6.8% |
| 2008 | 97.95 billion constant 2015 US$ | +0.3% |
| 2009 | 88.68 billion constant 2015 US$ | -9.5% |
| 2010 | 96.94 billion constant 2015 US$ | +9.3% |
| 2011 | 116.73 billion constant 2015 US$ | +20.4% |
| 2012 | 119.37 billion constant 2015 US$ | +2.3% |
| 2013 | 131.06 billion constant 2015 US$ | +9.8% |
| 2014 | 138.35 billion constant 2015 US$ | +5.6% |
| 2015 | 145.13 billion constant 2015 US$ | +4.9% |
| 2016 | 151.93 billion constant 2015 US$ | +4.7% |
| 2017 | 165.21 billion constant 2015 US$ | +8.7% |
| 2018 | 167.54 billion constant 2015 US$ | +1.4% |
| 2019 | 164.51 billion constant 2015 US$ | -1.8% |
| 2020 | 169.26 billion constant 2015 US$ | +2.9% |
| 2021 | 202.31 billion constant 2015 US$ | +19.5% |
| 2022 | 209.15 billion constant 2015 US$ | +3.4% |
| 2023 | 216.20 billion constant 2015 US$ | +3.4% |
| 2024 | 215.07 billion constant 2015 US$ | -0.5% |
Turkey compared with similar countries
- Turkey's 215.07 billion constant 2015 US$ is above the median for upper middle income countries, which is 3.45 billion constant 2015 US$, 62.3× the median. (56 countries reporting)
- Turkey's 215.07 billion constant 2015 US$ is above the median for Europe & Central Asia, which is 16.04 billion constant 2015 US$, 13.4× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.37 billion constant 2015 US$ | 10.74 billion constant 2015 US$ | 12.00 billion constant 2015 US$ | 2 |
| 1970s | 18.24 billion constant 2015 US$ | 12.19 billion constant 2015 US$ | 23.20 billion constant 2015 US$ | 10 |
| 1980s | 29.94 billion constant 2015 US$ | 20.93 billion constant 2015 US$ | 38.50 billion constant 2015 US$ | 10 |
| 1990s | 52.00 billion constant 2015 US$ | 42.22 billion constant 2015 US$ | 62.41 billion constant 2015 US$ | 10 |
| 2000s | 78.56 billion constant 2015 US$ | 58.50 billion constant 2015 US$ | 97.95 billion constant 2015 US$ | 10 |
| 2010s | 139.68 billion constant 2015 US$ | 96.94 billion constant 2015 US$ | 167.54 billion constant 2015 US$ | 10 |
| 2020s | 202.40 billion constant 2015 US$ | 169.26 billion constant 2015 US$ | 216.20 billion constant 2015 US$ | 5 |
Countries ranked near Turkey
- 9 Indonesia 257.52 billion constant 2015 US$ compare
- 10 Russia 240.38 billion constant 2015 US$ compare
- 11 Ireland 222.05 billion constant 2015 US$ compare
- 13 Switzerland 190.70 billion constant 2015 US$ compare
- 14 Brazil 187.91 billion constant 2015 US$ compare
- 15 Canada 158.25 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 manufacturing, value added in Turkey?
- Manufacturing, value added in Turkey was 215.07 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Turkey?
- The highest recorded value was 216.20 billion constant 2015 US$ in 2023.
- What is the lowest manufacturing, value added recorded in Turkey?
- The lowest recorded value was 10.74 billion constant 2015 US$ in 1968.
- How does Turkey rank for manufacturing, value added?
- Turkey ranks 12th out of 186 countries with data for 2024.
- Is manufacturing, value added rising or falling in Turkey?
- Over the last ten years it is up 55.5%. 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 Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 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.