Services, value added in Türkiye
Türkiye: Services, value added was 3.1% in 2024. ◆ Volatile
Services, value added in Türkiye, 1969–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for services, value added in Türkiye is 3.1%, measured in 2024.
The figure is down 41.1% on the previous year and down 48.2% over ten years.
Over the whole period, services, value added in Türkiye peaked at 14.1% in 2021 and was at its lowest, -4.3%, in 1994.
That places Türkiye 114th out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Türkiye, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1969 | 5.6% | — |
| 1970 | 4.3% | -23.9% |
| 1971 | 6.9% | +63.0% |
| 1972 | 9.4% | +35.8% |
| 1973 | 6.1% | -35.3% |
| 1974 | 6.9% | +13.1% |
| 1975 | 9.4% | +35.6% |
| 1976 | 11.0% | +17.1% |
| 1977 | 6.2% | -43.3% |
| 1978 | 1.4% | -77.1% |
| 1979 | -0.6% | -143.8% |
| 1980 | -1.5% | +136.7% |
| 1981 | 7.4% | -602.8% |
| 1982 | 5.7% | -22.9% |
| 1983 | 5.3% | -7.8% |
| 1984 | 7.5% | +42.7% |
| 1985 | 2.6% | -65.2% |
| 1986 | 3.9% | +47.4% |
| 1987 | 13.2% | +242.0% |
| 1988 | 2.3% | -82.5% |
| 1989 | 0.2% | -91.0% |
| 1990 | 10.4% | +4939.2% |
| 1991 | -0.0% | -100.5% |
| 1992 | 6.5% | -13079.5% |
| 1993 | 9.8% | +51.6% |
| 1994 | -4.3% | -144.3% |
| 1995 | 8.1% | -287.6% |
| 1996 | 6.1% | -25.2% |
| 1997 | 7.5% | +23.1% |
| 1998 | 3.9% | -47.4% |
| 1999 | -1.5% | -137.6% |
| 2000 | 6.8% | -561.1% |
| 2001 | -2.5% | -136.6% |
| 2002 | 5.8% | -333.2% |
| 2003 | 5.2% | -10.6% |
| 2004 | 9.1% | +73.6% |
| 2005 | 8.0% | -11.9% |
| 2006 | 5.3% | -33.9% |
| 2007 | 5.4% | +3.4% |
| 2008 | 1.5% | -72.4% |
| 2009 | -2.6% | -272.4% |
| 2010 | 5.3% | -304.6% |
| 2011 | 9.0% | +69.5% |
| 2012 | 5.8% | -35.0% |
| 2013 | 7.3% | +24.3% |
| 2014 | 6.0% | -16.8% |
| 2015 | 5.2% | -14.2% |
| 2016 | 3.0% | -41.7% |
| 2017 | 8.3% | +173.7% |
| 2018 | 5.7% | -31.1% |
| 2019 | 3.3% | -42.8% |
| 2020 | 0.4% | -88.3% |
| 2021 | 14.1% | +3596.9% |
| 2022 | 10.2% | -27.9% |
| 2023 | 5.3% | -47.7% |
| 2024 | 3.1% | -41.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.6% | 5.6% | 5.6% | 1 |
| 1970s | 6.1% | -0.6% | 11.0% | 10 |
| 1980s | 4.7% | -1.5% | 13.2% | 10 |
| 1990s | 4.6% | -4.3% | 10.4% | 10 |
| 2000s | 4.2% | -2.6% | 9.1% | 10 |
| 2010s | 5.9% | 3.0% | 9.0% | 10 |
| 2020s | 6.6% | 0.4% | 14.1% | 5 |
Countries ranked near Türkiye
More economy & growth data for Türkiye
- GNI (current LCU), annual growth rate 41.2 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 38.88 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 723,151 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -25.85 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -51.36 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 19.51 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1134 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,110 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 43.73 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 4.48 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in Türkiye?
- Services, value added in Türkiye was 3.1% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Türkiye?
- The highest recorded value was 14.1% in 2021.
- What is the lowest services, value added recorded in Türkiye?
- The lowest recorded value was -4.3% in 1994.
- How does Türkiye rank for services, value added?
- Türkiye ranks 114th out of 196 countries with data for 2024.
- Is services, value added rising or falling in Türkiye?
- Over the last ten years it is down 48.2%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.