Manufacturing, value added in Turkey
Turkey: Manufacturing, value added was 7.51 trillion current LCU in 2024. ◆ Volatile
Manufacturing, value added in Turkey, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Turkey recorded 7.51 trillion current LCU for manufacturing, value added in 2024. That is the highest value across all 65 years on record.
That represents a change of up 42.4% on the previous year and up 2,053.8% over ten years.
Over the whole period, manufacturing, value added in Turkey peaked at 7.51 trillion current LCU in 2024 and was at its lowest, 8,700 current LCU, in 1960.
That places Turkey 29th out of 205 countries with data for 2024, putting it in the top quarter.
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 | current LCU | Change |
|---|---|---|
| 1960 | 8,700 current LCU | — |
| 1961 | 9,500 current LCU | +9.2% |
| 1962 | 10,500 current LCU | +10.5% |
| 1963 | 12,000 current LCU | +14.3% |
| 1964 | 13,400 current LCU | +11.7% |
| 1965 | 15,800 current LCU | +17.9% |
| 1966 | 18,700 current LCU | +18.4% |
| 1967 | 21,100 current LCU | +12.8% |
| 1968 | 24,800 current LCU | +17.5% |
| 1969 | 28,200 current LCU | +13.7% |
| 1970 | 31,600 current LCU | +12.1% |
| 1971 | 40,300 current LCU | +27.5% |
| 1972 | 50,200 current LCU | +24.6% |
| 1973 | 63,900 current LCU | +27.3% |
| 1974 | 82,300 current LCU | +28.8% |
| 1975 | 106,800 current LCU | +29.8% |
| 1976 | 145,200 current LCU | +36.0% |
| 1977 | 182,600 current LCU | +25.8% |
| 1978 | 269,900 current LCU | +47.8% |
| 1979 | 532,300 current LCU | +97.2% |
| 1980 | 893,700 current LCU | +67.9% |
| 1981 | 1.54 million current LCU | +71.9% |
| 1982 | 2.10 million current LCU | +36.6% |
| 1983 | 2.66 million current LCU | +26.6% |
| 1984 | 3.97 million current LCU | +49.5% |
| 1985 | 6.41 million current LCU | +61.3% |
| 1986 | 11.34 million current LCU | +77.0% |
| 1987 | 16.32 million current LCU | +43.9% |
| 1988 | 29.66 million current LCU | +81.8% |
| 1989 | 52.56 million current LCU | +77.2% |
| 1990 | 86.31 million current LCU | +64.2% |
| 1991 | 139.71 million current LCU | +61.9% |
| 1992 | 236.57 million current LCU | +69.3% |
| 1993 | 412.41 million current LCU | +74.3% |
| 1994 | 853.49 million current LCU | +107.0% |
| 1995 | 2.76 billion current LCU | +223.8% |
| 1996 | 4.97 billion current LCU | +80.0% |
| 1997 | 9.78 billion current LCU | +96.6% |
| 1998 | 16.02 billion current LCU | +63.8% |
| 1999 | 21.49 billion current LCU | +34.2% |
| 2000 | 32.15 billion current LCU | +49.6% |
| 2001 | 43.94 billion current LCU | +36.7% |
| 2002 | 61.58 billion current LCU | +40.1% |
| 2003 | 81.23 billion current LCU | +31.9% |
| 2004 | 99.43 billion current LCU | +22.4% |
| 2005 | 115.87 billion current LCU | +16.5% |
| 2006 | 136.93 billion current LCU | +18.2% |
| 2007 | 150.64 billion current LCU | +10.0% |
| 2008 | 164.87 billion current LCU | +9.4% |
| 2009 | 154.19 billion current LCU | -6.5% |
| 2010 | 177.77 billion current LCU | +15.3% |
| 2011 | 233.74 billion current LCU | +31.5% |
| 2012 | 253.46 billion current LCU | +8.4% |
| 2013 | 300.42 billion current LCU | +18.5% |
| 2014 | 348.66 billion current LCU | +16.1% |
| 2015 | 394.75 billion current LCU | +13.2% |
| 2016 | 442.84 billion current LCU | +12.2% |
| 2017 | 553.86 billion current LCU | +25.1% |
| 2018 | 719.79 billion current LCU | +30.0% |
| 2019 | 803.81 billion current LCU | +11.7% |
| 2020 | 978.71 billion current LCU | +21.8% |
| 2021 | 1.64 trillion current LCU | +68.0% |
| 2022 | 3.34 trillion current LCU | +103.2% |
| 2023 | 5.27 trillion current LCU | +57.9% |
| 2024 | 7.51 trillion current LCU | +42.4% |
Turkey compared with similar countries
- Turkey's 7.51 trillion current LCU is above the median for upper middle income countries, which is 124.95 billion current LCU, 60.1× the median. (59 countries reporting)
- Turkey's 7.51 trillion current LCU is above the median for Europe & Central Asia, which is 74.90 billion current LCU, 100.3× the median. (54 countries reporting)
Biggest year-on-year movements
Years where Manufacturing, value added in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +223.8% | 853.49 million current LCU | 2.76 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16,270 current LCU | 8,700 current LCU | 28,200 current LCU | 10 |
| 1970s | 150,510 current LCU | 31,600 current LCU | 532,300 current LCU | 10 |
| 1980s | 12.74 million current LCU | 893,700 current LCU | 52.56 million current LCU | 10 |
| 1990s | 5.68 billion current LCU | 86.31 million current LCU | 21.49 billion current LCU | 10 |
| 2000s | 104.08 billion current LCU | 32.15 billion current LCU | 164.87 billion current LCU | 10 |
| 2010s | 422.91 billion current LCU | 177.77 billion current LCU | 803.81 billion current LCU | 10 |
| 2020s | 3.75 trillion current LCU | 978.71 billion current LCU | 7.51 trillion current LCU | 5 |
Countries ranked near Turkey
- 26 Bangladesh 12.38 trillion current LCU compare
- 27 Madagascar 10.45 trillion current LCU compare
- 28 Angola 8.78 trillion current LCU compare
- 30 Cote d'Ivoire 7.13 trillion current LCU compare
- 31 Mexico 7.04 trillion current LCU compare
- 32 Costa Rica 7.03 trillion current LCU 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 7.51 trillion current 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 7.51 trillion current LCU in 2024.
- What is the lowest manufacturing, value added recorded in Turkey?
- The lowest recorded value was 8,700 current LCU in 1960.
- How does Turkey rank for manufacturing, value added?
- Turkey ranks 29th out of 205 countries with data for 2024.
- Is manufacturing, value added rising or falling in Turkey?
- Over the last ten years it is up 2,053.8%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.