Manufacturing, value added in Turkey
Turkey: Manufacturing, value added was 228.91 billion current US$ in 2024. ◆ Volatile
Manufacturing, value added in Turkey, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for manufacturing, value added in Turkey is 228.91 billion current US$, measured in 2024. That is the highest value across all 65 years on record.
That represents a change of up 3.0% on the previous year and up 43.7% over ten years.
Over the whole period, manufacturing, value added in Turkey peaked at 228.91 billion current US$ in 2024 and was at its lowest, 966.67 million current US$, in 1960.
That places Turkey 15th out of 205 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Turkey, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 966.67 million current US$ | — |
| 1961 | 1.06 billion current US$ | +9.2% |
| 1962 | 1.17 billion current US$ | +10.5% |
| 1963 | 1.33 billion current US$ | +14.3% |
| 1964 | 1.49 billion current US$ | +11.7% |
| 1965 | 1.76 billion current US$ | +17.9% |
| 1966 | 2.08 billion current US$ | +18.4% |
| 1967 | 2.34 billion current US$ | +12.8% |
| 1968 | 2.76 billion current US$ | +17.5% |
| 1969 | 3.13 billion current US$ | +13.7% |
| 1970 | 2.87 billion current US$ | -8.3% |
| 1971 | 2.69 billion current US$ | -6.5% |
| 1972 | 3.59 billion current US$ | +33.5% |
| 1973 | 4.56 billion current US$ | +27.3% |
| 1974 | 5.88 billion current US$ | +28.8% |
| 1975 | 7.63 billion current US$ | +29.8% |
| 1976 | 9.07 billion current US$ | +19.0% |
| 1977 | 10.14 billion current US$ | +11.8% |
| 1978 | 11.25 billion current US$ | +10.9% |
| 1979 | 17.17 billion current US$ | +52.7% |
| 1980 | 11.76 billion current US$ | -31.5% |
| 1981 | 13.84 billion current US$ | +17.7% |
| 1982 | 12.87 billion current US$ | -7.0% |
| 1983 | 11.81 billion current US$ | -8.3% |
| 1984 | 10.82 billion current US$ | -8.3% |
| 1985 | 12.27 billion current US$ | +13.4% |
| 1986 | 16.80 billion current US$ | +36.9% |
| 1987 | 19.04 billion current US$ | +13.3% |
| 1988 | 20.86 billion current US$ | +9.6% |
| 1989 | 24.77 billion current US$ | +18.7% |
| 1990 | 33.08 billion current US$ | +33.6% |
| 1991 | 33.49 billion current US$ | +1.2% |
| 1992 | 34.43 billion current US$ | +2.8% |
| 1993 | 37.54 billion current US$ | +9.1% |
| 1994 | 28.83 billion current US$ | -23.2% |
| 1995 | 60.27 billion current US$ | +109.1% |
| 1996 | 61.11 billion current US$ | +1.4% |
| 1997 | 64.41 billion current US$ | +5.4% |
| 1998 | 61.44 billion current US$ | -4.6% |
| 1999 | 51.33 billion current US$ | -16.5% |
| 2000 | 51.42 billion current US$ | +0.2% |
| 2001 | 35.86 billion current US$ | -30.3% |
| 2002 | 40.86 billion current US$ | +13.9% |
| 2003 | 54.12 billion current US$ | +32.5% |
| 2004 | 69.75 billion current US$ | +28.9% |
| 2005 | 86.24 billion current US$ | +23.6% |
| 2006 | 95.86 billion current US$ | +11.2% |
| 2007 | 115.61 billion current US$ | +20.6% |
| 2008 | 126.67 billion current US$ | +9.6% |
| 2009 | 99.48 billion current US$ | -21.5% |
| 2010 | 118.29 billion current US$ | +18.9% |
| 2011 | 139.55 billion current US$ | +18.0% |
| 2012 | 141.12 billion current US$ | +1.1% |
| 2013 | 157.80 billion current US$ | +11.8% |
| 2014 | 159.31 billion current US$ | +1.0% |
| 2015 | 145.13 billion current US$ | -8.9% |
| 2016 | 146.63 billion current US$ | +1.0% |
| 2017 | 151.82 billion current US$ | +3.5% |
| 2018 | 149.07 billion current US$ | -1.8% |
| 2019 | 141.67 billion current US$ | -5.0% |
| 2020 | 139.64 billion current US$ | -1.4% |
| 2021 | 185.83 billion current US$ | +33.1% |
| 2022 | 201.91 billion current US$ | +8.7% |
| 2023 | 222.19 billion current US$ | +10.0% |
| 2024 | 228.91 billion current US$ | +3.0% |
Turkey compared with similar countries
- Turkey's 228.91 billion current US$ is above the median for upper middle income countries, which is 4.09 billion current US$, 56.0× the median. (59 countries reporting)
- Turkey's 228.91 billion current US$ is above the median for Europe & Central Asia, which is 16.32 billion current US$, 14.0× the median. (54 countries reporting)
Biggest year-on-year movements
Years where Manufacturing, value added in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +109.1% | 28.83 billion current US$ | 60.27 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.81 billion current US$ | 966.67 million current US$ | 3.13 billion current US$ | 10 |
| 1970s | 7.49 billion current US$ | 2.69 billion current US$ | 17.17 billion current US$ | 10 |
| 1980s | 15.48 billion current US$ | 10.82 billion current US$ | 24.77 billion current US$ | 10 |
| 1990s | 46.59 billion current US$ | 28.83 billion current US$ | 64.41 billion current US$ | 10 |
| 2000s | 77.59 billion current US$ | 35.86 billion current US$ | 126.67 billion current US$ | 10 |
| 2010s | 145.04 billion current US$ | 118.29 billion current US$ | 159.31 billion current US$ | 10 |
| 2020s | 195.69 billion current US$ | 139.64 billion current US$ | 228.91 billion current US$ | 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 228.91 billion current 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 228.91 billion current US$ in 2024.
- What is the lowest manufacturing, value added recorded in Turkey?
- The lowest recorded value was 966.67 million current US$ in 1960.
- How does Turkey rank for manufacturing, value added?
- Turkey ranks 15th 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 43.7%. 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 US$). 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 indicator is expressed in United States dollars.