Gross domestic product (GDP) in Turkey
Turkey: Gross domestic product (GDP) was 485.45 billion current GBP in 2014. ◆ Volatile
Latest (2014)
485.45 billion current GBP
Change on year
down 7.8%
World rank
18th
of 200 countries
All-time high
526.60 billion current GBP
in 2013
All-time low
865.28 million current GBP
in 1949
Years of data
66
1949–2014
Gross domestic product (GDP) in Turkey, 1949–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
In 2014, gross domestic product (gdp) in Turkey stood at 485.45 billion current GBP.
That represents a change of down 7.8% on the previous year and up 126.6% over ten years.
Over the whole period, gross domestic product (gdp) in Turkey peaked at 526.60 billion current GBP in 2013 and was at its lowest, 865.28 million current GBP, in 1949.
That places Turkey 18th out of 200 countries with data for 2014, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Turkey, year by year
| Year | current GBP | Change |
|---|---|---|
| 1949 | 865.28 million current GBP | — |
| 1950 | 1.24 billion current GBP | +43.0% |
| 1951 | 1.49 billion current GBP | +20.6% |
| 1952 | 1.71 billion current GBP | +14.5% |
| 1953 | 1.99 billion current GBP | +16.4% |
| 1954 | 2.04 billion current GBP | +2.6% |
| 1955 | 2.44 billion current GBP | +19.4% |
| 1956 | 2.82 billion current GBP | +15.7% |
| 1957 | 2.25 billion current GBP | -20.2% |
| 1958 | 2.28 billion current GBP | +1.4% |
| 1959 | 1.74 billion current GBP | -23.8% |
| 1960 | 1.86 billion current GBP | +7.0% |
| 1961 | 1.97 billion current GBP | +5.9% |
| 1962 | 2.29 billion current GBP | +16.3% |
| 1963 | 2.65 billion current GBP | +15.5% |
| 1964 | 2.83 billion current GBP | +6.6% |
| 1965 | 3.02 billion current GBP | +6.8% |
| 1966 | 3.59 billion current GBP | +18.8% |
| 1967 | 4.05 billion current GBP | +12.8% |
| 1968 | 5.16 billion current GBP | +27.6% |
| 1969 | 5.72 billion current GBP | +10.7% |
| 1970 | 5.33 billion current GBP | -6.7% |
| 1971 | 6.68 billion current GBP | +25.3% |
| 1972 | 8.18 billion current GBP | +22.5% |
| 1973 | 10.50 billion current GBP | +28.4% |
| 1974 | 15.23 billion current GBP | +45.0% |
| 1975 | 20.18 billion current GBP | +32.5% |
| 1976 | 28.54 billion current GBP | +41.4% |
| 1977 | 33.64 billion current GBP | +17.9% |
| 1978 | 33.97 billion current GBP | +1.0% |
| 1979 | 42.21 billion current GBP | +24.2% |
| 1980 | 29.60 billion current GBP | -29.9% |
| 1981 | 35.35 billion current GBP | +19.4% |
| 1982 | 36.95 billion current GBP | +4.5% |
| 1983 | 40.69 billion current GBP | +10.1% |
| 1984 | 45.10 billion current GBP | +10.8% |
| 1985 | 52.39 billion current GBP | +16.2% |
| 1986 | 51.66 billion current GBP | -1.4% |
| 1987 | 53.34 billion current GBP | +3.3% |
| 1988 | 51.07 billion current GBP | -4.3% |
| 1989 | 65.48 billion current GBP | +28.2% |
| 1990 | 84.86 billion current GBP | +29.6% |
| 1991 | 85.07 billion current GBP | +0.2% |
| 1992 | 90.29 billion current GBP | +6.1% |
| 1993 | 120.13 billion current GBP | +33.1% |
| 1994 | 85.40 billion current GBP | -28.9% |
| 1995 | 107.40 billion current GBP | +25.8% |
| 1996 | 116.32 billion current GBP | +8.3% |
| 1997 | 115.96 billion current GBP | -0.3% |
| 1998 | 162.60 billion current GBP | +40.2% |
| 1999 | 154.36 billion current GBP | -5.1% |
| 2000 | 176.18 billion current GBP | +14.1% |
| 2001 | 136.16 billion current GBP | -22.7% |
| 2002 | 155.15 billion current GBP | +14.0% |
| 2003 | 185.58 billion current GBP | +19.6% |
| 2004 | 214.19 billion current GBP | +15.4% |
| 2005 | 265.64 billion current GBP | +24.0% |
| 2006 | 288.54 billion current GBP | +8.6% |
| 2007 | 323.43 billion current GBP | +12.1% |
| 2008 | 397.28 billion current GBP | +22.8% |
| 2009 | 394.49 billion current GBP | -0.7% |
| 2010 | 473.20 billion current GBP | +20.0% |
| 2011 | 483.56 billion current GBP | +2.2% |
| 2012 | 499.39 billion current GBP | +3.3% |
| 2013 | 526.60 billion current GBP | +5.4% |
| 2014 | 485.45 billion current GBP | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 865.28 million current GBP | 865.28 million current GBP | 865.28 million current GBP | 1 |
| 1950s | 2.00 billion current GBP | 1.24 billion current GBP | 2.82 billion current GBP | 10 |
| 1960s | 3.31 billion current GBP | 1.86 billion current GBP | 5.72 billion current GBP | 10 |
| 1970s | 20.45 billion current GBP | 5.33 billion current GBP | 42.21 billion current GBP | 10 |
| 1980s | 46.16 billion current GBP | 29.60 billion current GBP | 65.48 billion current GBP | 10 |
| 1990s | 112.24 billion current GBP | 84.86 billion current GBP | 162.60 billion current GBP | 10 |
| 2000s | 253.66 billion current GBP | 136.16 billion current GBP | 397.28 billion current GBP | 10 |
| 2010s | 493.64 billion current GBP | 473.20 billion current GBP | 526.60 billion current GBP | 5 |
Countries ranked near Turkey
- 15 Mexico 788.74 billion current GBP compare
- 16 Indonesia 541.18 billion current GBP compare
- 17 Netherlands 534.39 billion current GBP compare
- 19 Saudi Arabia 458.13 billion current GBP compare
- 20 Switzerland 426.04 billion current GBP compare
- 21 Sweden 347.07 billion current GBP compare
More economy & growth data for Turkey
- Industry (including construction), value added (constant 2015 US$) 2.05 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.2434 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 3,869 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 2.05 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.416 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 6,612 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 21.41 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5942 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 11,053 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 46.02 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Turkey?
- Gross domestic product (gdp) in Turkey was 485.45 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Turkey?
- The highest recorded value was 526.60 billion current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in Turkey?
- The lowest recorded value was 865.28 million current GBP in 1949.
- How does Turkey rank for gross domestic product (gdp)?
- Turkey ranks 18th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Turkey?
- Over the last ten years it is up 126.6%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.