Manufacturing, value added in Turkey
Turkey: Manufacturing, value added was 373.96 billion constant LCU in 2024. ◆ Volatile
Manufacturing, value added in Turkey, 1968–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for manufacturing, value added in Turkey is 373.96 billion constant LCU, measured in 2024.
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 375.92 billion constant LCU in 2023 and was at its lowest, 18.67 billion constant LCU, in 1968.
Turkey ranks 62nd of 192 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.
Manufacturing, value added in Turkey, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1968 | 18.67 billion constant LCU | — |
| 1969 | 20.86 billion constant LCU | +11.7% |
| 1970 | 21.19 billion constant LCU | +1.6% |
| 1971 | 23.04 billion constant LCU | +8.7% |
| 1972 | 25.55 billion constant LCU | +10.9% |
| 1973 | 28.84 billion constant LCU | +12.9% |
| 1974 | 30.95 billion constant LCU | +7.3% |
| 1975 | 33.64 billion constant LCU | +8.7% |
| 1976 | 36.67 billion constant LCU | +9.0% |
| 1977 | 39.09 billion constant LCU | +6.6% |
| 1978 | 40.34 billion constant LCU | +3.2% |
| 1979 | 37.88 billion constant LCU | -6.1% |
| 1980 | 36.39 billion constant LCU | -3.9% |
| 1981 | 39.83 billion constant LCU | +9.4% |
| 1982 | 42.39 billion constant LCU | +6.4% |
| 1983 | 45.55 billion constant LCU | +7.5% |
| 1984 | 49.76 billion constant LCU | +9.2% |
| 1985 | 52.60 billion constant LCU | +5.7% |
| 1986 | 58.12 billion constant LCU | +10.5% |
| 1987 | 63.97 billion constant LCU | +10.1% |
| 1988 | 64.98 billion constant LCU | +1.6% |
| 1989 | 66.94 billion constant LCU | +3.0% |
| 1990 | 73.42 billion constant LCU | +9.7% |
| 1991 | 75.17 billion constant LCU | +2.4% |
| 1992 | 79.50 billion constant LCU | +5.8% |
| 1993 | 86.89 billion constant LCU | +9.3% |
| 1994 | 80.25 billion constant LCU | -7.6% |
| 1995 | 91.42 billion constant LCU | +13.9% |
| 1996 | 97.78 billion constant LCU | +7.0% |
| 1997 | 108.14 billion constant LCU | +10.6% |
| 1998 | 108.52 billion constant LCU | +0.3% |
| 1999 | 103.14 billion constant LCU | -5.0% |
| 2000 | 110.89 billion constant LCU | +7.5% |
| 2001 | 101.71 billion constant LCU | -8.3% |
| 2002 | 106.18 billion constant LCU | +4.4% |
| 2003 | 116.48 billion constant LCU | +9.7% |
| 2004 | 132.24 billion constant LCU | +13.5% |
| 2005 | 145.06 billion constant LCU | +9.7% |
| 2006 | 159.10 billion constant LCU | +9.7% |
| 2007 | 169.88 billion constant LCU | +6.8% |
| 2008 | 170.31 billion constant LCU | +0.3% |
| 2009 | 154.19 billion constant LCU | -9.5% |
| 2010 | 168.56 billion constant LCU | +9.3% |
| 2011 | 202.96 billion constant LCU | +20.4% |
| 2012 | 207.55 billion constant LCU | +2.3% |
| 2013 | 227.87 billion constant LCU | +9.8% |
| 2014 | 240.56 billion constant LCU | +5.6% |
| 2015 | 252.34 billion constant LCU | +4.9% |
| 2016 | 264.18 billion constant LCU | +4.7% |
| 2017 | 287.26 billion constant LCU | +8.7% |
| 2018 | 291.32 billion constant LCU | +1.4% |
| 2019 | 286.04 billion constant LCU | -1.8% |
| 2020 | 294.31 billion constant LCU | +2.9% |
| 2021 | 351.76 billion constant LCU | +19.5% |
| 2022 | 363.66 billion constant LCU | +3.4% |
| 2023 | 375.92 billion constant LCU | +3.4% |
| 2024 | 373.96 billion constant LCU | -0.5% |
Turkey compared with similar countries
- Turkey's 373.96 billion constant LCU is above the median for upper middle income countries, which is 66.16 billion constant LCU, 5.7× the median. (56 countries reporting)
- Turkey's 373.96 billion constant LCU is above the median for Europe & Central Asia, which is 69.84 billion constant LCU, 5.4× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.77 billion constant LCU | 18.67 billion constant LCU | 20.86 billion constant LCU | 2 |
| 1970s | 31.72 billion constant LCU | 21.19 billion constant LCU | 40.34 billion constant LCU | 10 |
| 1980s | 52.05 billion constant LCU | 36.39 billion constant LCU | 66.94 billion constant LCU | 10 |
| 1990s | 90.42 billion constant LCU | 73.42 billion constant LCU | 108.52 billion constant LCU | 10 |
| 2000s | 136.60 billion constant LCU | 101.71 billion constant LCU | 170.31 billion constant LCU | 10 |
| 2010s | 242.86 billion constant LCU | 168.56 billion constant LCU | 291.32 billion constant LCU | 10 |
| 2020s | 351.92 billion constant LCU | 294.31 billion constant LCU | 375.92 billion constant LCU | 5 |
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 manufacturing, value added in Turkey?
- Manufacturing, value added in Turkey was 373.96 billion constant LCU 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 375.92 billion constant LCU in 2023.
- What is the lowest manufacturing, value added recorded in Turkey?
- The lowest recorded value was 18.67 billion constant LCU in 1968.
- How does Turkey rank for manufacturing, value added?
- Turkey ranks 62nd out of 192 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 LCU). Statizoid updates them automatically from the source API.
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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 varies by country. This series is expressed in local currency units.