Services, value added (constant 2015 US$), annual growth rate (2015) in Turkey
Turkey: Services, value added (constant 2015 US$), annual growth rate (2015) was 3.13 % change on previous year in 2024. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in Turkey, 1969–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant 2015 us$), annual growth rate in Turkey is 3.13 % change on previous year, 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 (constant 2015 us$), annual growth rate in Turkey peaked at 14.08 % change on previous year in 2021 and was at its lowest, -4.34 % change on previous year, in 1994.
That places Turkey 114th out of 195 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), annual growth rate (2015) in Turkey, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1969 | 5.6 % change on previous year | — |
| 1970 | 4.26 % change on previous year | -23.9% |
| 1971 | 6.95 % change on previous year | +63.0% |
| 1972 | 9.43 % change on previous year | +35.8% |
| 1973 | 6.1 % change on previous year | -35.3% |
| 1974 | 6.9 % change on previous year | +13.1% |
| 1975 | 9.36 % change on previous year | +35.6% |
| 1976 | 10.95 % change on previous year | +17.1% |
| 1977 | 6.21 % change on previous year | -43.3% |
| 1978 | 1.42 % change on previous year | -77.1% |
| 1979 | -0.6228 % change on previous year | -143.7% |
| 1980 | -1.47 % change on previous year | +136.7% |
| 1981 | 7.41 % change on previous year | -602.8% |
| 1982 | 5.72 % change on previous year | -22.9% |
| 1983 | 5.27 % change on previous year | -7.8% |
| 1984 | 7.52 % change on previous year | +42.7% |
| 1985 | 2.61 % change on previous year | -65.2% |
| 1986 | 3.85 % change on previous year | +47.4% |
| 1987 | 13.18 % change on previous year | +242.0% |
| 1988 | 2.3 % change on previous year | -82.5% |
| 1989 | 0.207 % change on previous year | -91.0% |
| 1990 | 10.42 % change on previous year | +4933.0% |
| 1991 | -0.0493 % change on previous year | -100.5% |
| 1992 | 6.47 % change on previous year | -13221.3% |
| 1993 | 9.8 % change on previous year | +51.6% |
| 1994 | -4.34 % change on previous year | -144.3% |
| 1995 | 8.14 % change on previous year | -287.6% |
| 1996 | 6.09 % change on previous year | -25.2% |
| 1997 | 7.5 % change on previous year | +23.1% |
| 1998 | 3.94 % change on previous year | -47.4% |
| 1999 | -1.48 % change on previous year | -137.6% |
| 2000 | 6.83 % change on previous year | -561.1% |
| 2001 | -2.5 % change on previous year | -136.6% |
| 2002 | 5.83 % change on previous year | -333.2% |
| 2003 | 5.22 % change on previous year | -10.6% |
| 2004 | 9.06 % change on previous year | +73.6% |
| 2005 | 7.98 % change on previous year | -11.9% |
| 2006 | 5.27 % change on previous year | -33.9% |
| 2007 | 5.45 % change on previous year | +3.4% |
| 2008 | 1.5 % change on previous year | -72.4% |
| 2009 | -2.59 % change on previous year | -272.4% |
| 2010 | 5.31 % change on previous year | -304.6% |
| 2011 | 8.99 % change on previous year | +69.5% |
| 2012 | 5.84 % change on previous year | -35.0% |
| 2013 | 7.26 % change on previous year | +24.3% |
| 2014 | 6.04 % change on previous year | -16.8% |
| 2015 | 5.19 % change on previous year | -14.2% |
| 2016 | 3.02 % change on previous year | -41.7% |
| 2017 | 8.27 % change on previous year | +173.7% |
| 2018 | 5.7 % change on previous year | -31.1% |
| 2019 | 3.26 % change on previous year | -42.8% |
| 2020 | 0.3808 % change on previous year | -88.3% |
| 2021 | 14.08 % change on previous year | +3597.0% |
| 2022 | 10.16 % change on previous year | -27.9% |
| 2023 | 5.32 % change on previous year | -47.7% |
| 2024 | 3.13 % change on previous year | -41.1% |
Turkey compared with similar countries
- Turkey's 3.13 % change on previous year is below the median for upper middle income countries, which is 3.29 % change on previous year, 95% of the median. (58 countries reporting)
- Turkey's 3.13 % change on previous year is above the median for Europe & Central Asia, which is 2.15 % change on previous year, 1.5× the median. (53 countries reporting)
Biggest year-on-year movements
Years where Services, value added (constant 2015 US$), annual growth rate (2015) 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 |
|---|---|---|---|
| 1992 | +13221.3% | -0.0493 % change on previous year | 6.47 % change on previous year |
| 1990 | +4933.0% | 0.207 % change on previous year | 10.42 % change on previous year |
| 2021 | +3597.0% | 0.3808 % change on previous year | 14.08 % change on previous year |
| 1981 | +602.8% | -1.47 % change on previous year | 7.41 % change on previous year |
| 2000 | +561.1% | -1.48 % change on previous year | 6.83 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.6 % change on previous year | 5.6 % change on previous year | 5.6 % change on previous year | 1 |
| 1970s | 6.1 % change on previous year | -0.6228 % change on previous year | 10.95 % change on previous year | 10 |
| 1980s | 4.66 % change on previous year | -1.47 % change on previous year | 13.18 % change on previous year | 10 |
| 1990s | 4.65 % change on previous year | -4.34 % change on previous year | 10.42 % change on previous year | 10 |
| 2000s | 4.2 % change on previous year | -2.59 % change on previous year | 9.06 % change on previous year | 10 |
| 2010s | 5.89 % change on previous year | 3.02 % change on previous year | 8.99 % change on previous year | 10 |
| 2020s | 6.61 % change on previous year | 0.3808 % change on previous year | 14.08 % change on previous year | 5 |
Countries ranked near Turkey
- 111 Spain 3.19 % change on previous year compare
- 112 Chile 3.18 % change on previous year compare
- 113 Thailand 3.14 % change on previous year compare
- 115 Bosnia and Herzegovina 3.11 % change on previous year compare
- 116 Oman 3.06 % change on previous year compare
- 117 Kuwait 3.04 % change on previous year compare
More economy & growth data for Turkey
- SDRs holdings, US dollar, annual growth rate 5.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 87.93 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0288 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 64.2 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0039 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 72.49 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is services, value added (constant 2015 us$), annual growth rate in Turkey?
- Services, value added (constant 2015 us$), annual growth rate in Turkey was 3.13 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Turkey?
- The highest recorded value was 14.08 % change on previous year in 2021.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Turkey?
- The lowest recorded value was -4.34 % change on previous year in 1994.
- How does Turkey rank for services, value added (constant 2015 us$), annual growth rate?
- Turkey ranks 114th out of 195 countries with data for 2024.
- Is services, value added (constant 2015 us$), annual growth rate rising or falling in Turkey?
- Over the last ten years it is down 48.2%. 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 Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.