Service exports (BoP, current US$), annual growth rate in Turkey
Turkey: Service exports (BoP, current US$), annual growth rate was 11.04 % change on previous year in 2024. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Turkey, 1975–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, service exports (bop, current us$), annual growth rate in Turkey stood at 11.04 % change on previous year.
That represents a change of down 16.2% on the previous year and up 118.8% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Turkey peaked at 77.78 % change on previous year in 1981 and was at its lowest, -45.22 % change on previous year, in 2020.
Turkey ranks 76th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Turkey, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1975 | 12.2 % change on previous year | — |
| 1976 | -5.84 % change on previous year | -147.9% |
| 1977 | -7.93 % change on previous year | +35.7% |
| 1978 | -12.55 % change on previous year | +58.2% |
| 1979 | 44.33 % change on previous year | -453.3% |
| 1980 | 5.49 % change on previous year | -87.6% |
| 1981 | 77.78 % change on previous year | +1316.8% |
| 1982 | 51.74 % change on previous year | -33.5% |
| 1983 | 1.09 % change on previous year | -97.9% |
| 1984 | 14.49 % change on previous year | +1223.6% |
| 1985 | 29.01 % change on previous year | +100.2% |
| 1986 | 4.64 % change on previous year | -84.0% |
| 1987 | 27.23 % change on previous year | +486.3% |
| 1988 | 48.23 % change on previous year | +77.1% |
| 1989 | 13.48 % change on previous year | -72.0% |
| 1990 | 24.98 % change on previous year | +85.3% |
| 1991 | 4.44 % change on previous year | -82.2% |
| 1992 | 12.36 % change on previous year | +178.4% |
| 1993 | 13.23 % change on previous year | +7.1% |
| 1994 | 1.4 % change on previous year | -89.4% |
| 1995 | 35.23 % change on previous year | +2418.5% |
| 1996 | -10.94 % change on previous year | -131.1% |
| 1997 | 48.62 % change on previous year | -544.4% |
| 1998 | 20.34 % change on previous year | -58.2% |
| 1999 | -29.74 % change on previous year | -246.2% |
| 2000 | 18.86 % change on previous year | -163.4% |
| 2001 | -22.01 % change on previous year | -216.7% |
| 2002 | -7.31 % change on previous year | -66.8% |
| 2003 | 28.37 % change on previous year | -488.0% |
| 2004 | 28.04 % change on previous year | -1.2% |
| 2005 | 20.52 % change on previous year | -26.8% |
| 2006 | -6.21 % change on previous year | -130.3% |
| 2007 | 15 % change on previous year | -341.3% |
| 2008 | 23.68 % change on previous year | +57.9% |
| 2009 | -3.49 % change on previous year | -114.7% |
| 2010 | 1.77 % change on previous year | -150.6% |
| 2011 | 13.19 % change on previous year | +646.1% |
| 2012 | 20.45 % change on previous year | +55.1% |
| 2013 | 32.79 % change on previous year | +60.4% |
| 2014 | 5.05 % change on previous year | -84.6% |
| 2015 | -10.52 % change on previous year | -308.4% |
| 2016 | -17.16 % change on previous year | +63.1% |
| 2017 | 15.06 % change on previous year | -187.8% |
| 2018 | 10.74 % change on previous year | -28.6% |
| 2019 | 9.46 % change on previous year | -11.9% |
| 2020 | -45.22 % change on previous year | -577.9% |
| 2021 | 60.14 % change on previous year | -233.0% |
| 2022 | 48.34 % change on previous year | -19.6% |
| 2023 | 13.17 % change on previous year | -72.7% |
| 2024 | 11.04 % change on previous year | -16.2% |
Turkey compared with similar countries
- Turkey's 11.04 % change on previous year is above the median for upper middle income countries, which is 8.86 % change on previous year, 1.2× the median. (57 countries reporting)
- Turkey's 11.04 % change on previous year is above the median for Europe & Central Asia, which is 9.57 % change on previous year, 1.2× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +2418.5% | 1.4 % change on previous year | 35.23 % change on previous year |
| 1981 | +1316.8% | 5.49 % change on previous year | 77.78 % change on previous year |
| 1984 | +1223.6% | 1.09 % change on previous year | 14.49 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.04 % change on previous year | -12.55 % change on previous year | 44.33 % change on previous year | 5 |
| 1980s | 27.32 % change on previous year | 1.09 % change on previous year | 77.78 % change on previous year | 10 |
| 1990s | 11.99 % change on previous year | -29.74 % change on previous year | 48.62 % change on previous year | 10 |
| 2000s | 9.54 % change on previous year | -22.01 % change on previous year | 28.37 % change on previous year | 10 |
| 2010s | 8.08 % change on previous year | -17.16 % change on previous year | 32.79 % change on previous year | 10 |
| 2020s | 17.49 % change on previous year | -45.22 % change on previous year | 60.14 % change on previous year | 5 |
Countries ranked near Turkey
- 73 Sweden 11.23 % change on previous year compare
- 74 United Kingdom 11.13 % change on previous year compare
- 75 Saint Vincent and the Grenadines 11.09 % change on previous year compare
- 77 China 10.87 % change on previous year compare
- 78 Luxembourg 10.85 % change on previous year compare
- 79 Brazil 10.79 % change on previous year compare
More economy & growth data for Turkey
- Foreign direct investment, net outflows (BoP, current US$), 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 service exports (bop, current us$), annual growth rate in Turkey?
- Service exports (bop, current us$), annual growth rate in Turkey was 11.04 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Turkey?
- The highest recorded value was 77.78 % change on previous year in 1981.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Turkey?
- The lowest recorded value was -45.22 % change on previous year in 2020.
- How does Turkey rank for service exports (bop, current us$), annual growth rate?
- Turkey ranks 76th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), annual growth rate rising or falling in Turkey?
- Over the last ten years it is up 118.8%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.