Taxes less subsidies on products (constant LCU), per unit of GDP in Turkey
Turkey: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.1731 constant LCU per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
0.1731 constant LCU per US$ of GDP
Change on year
down 9.0%
World rank
118th
of 189 countries
All-time high
1.29 constant LCU per US$ of GDP
in 1971
All-time low
0.1521 constant LCU per US$ of GDP
in 2008
Years of data
58
1968–2025
Taxes less subsidies on products (constant LCU), per unit of GDP in Turkey, 1968–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Turkey recorded 0.1731 constant LCU per US$ of GDP for taxes less subsidies on products (constant lcu), per unit of gdp in 2025.
Compared with earlier readings it is down 9.0% on the previous year and down 15.3% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Turkey peaked at 1.29 constant LCU per US$ of GDP in 1971 and was at its lowest, 0.1521 constant LCU per US$ of GDP, in 2008.
That places Turkey 118th out of 189 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), per unit of GDP in Turkey, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1968 | 1.16 constant LCU per US$ of GDP | — |
| 1969 | 1.08 constant LCU per US$ of GDP | -6.5% |
| 1970 | 1.17 constant LCU per US$ of GDP | +8.3% |
| 1971 | 1.29 constant LCU per US$ of GDP | +10.2% |
| 1972 | 1.15 constant LCU per US$ of GDP | -10.8% |
| 1973 | 0.9667 constant LCU per US$ of GDP | -16.2% |
| 1974 | 0.6902 constant LCU per US$ of GDP | -28.6% |
| 1975 | 0.5871 constant LCU per US$ of GDP | -14.9% |
| 1976 | 0.639 constant LCU per US$ of GDP | +8.8% |
| 1977 | 0.5615 constant LCU per US$ of GDP | -12.1% |
| 1978 | 0.5313 constant LCU per US$ of GDP | -5.4% |
| 1979 | 0.417 constant LCU per US$ of GDP | -21.5% |
| 1980 | 0.438 constant LCU per US$ of GDP | +5.0% |
| 1981 | 0.44 constant LCU per US$ of GDP | +0.4% |
| 1982 | 0.4871 constant LCU per US$ of GDP | +10.7% |
| 1983 | 0.5522 constant LCU per US$ of GDP | +13.3% |
| 1984 | 0.6076 constant LCU per US$ of GDP | +10.0% |
| 1985 | 0.6034 constant LCU per US$ of GDP | -0.7% |
| 1986 | 0.6023 constant LCU per US$ of GDP | -0.2% |
| 1987 | 0.5749 constant LCU per US$ of GDP | -4.5% |
| 1988 | 0.5356 constant LCU per US$ of GDP | -6.8% |
| 1989 | 0.4536 constant LCU per US$ of GDP | -15.3% |
| 1990 | 0.3849 constant LCU per US$ of GDP | -15.2% |
| 1991 | 0.3963 constant LCU per US$ of GDP | +3.0% |
| 1992 | 0.4021 constant LCU per US$ of GDP | +1.5% |
| 1993 | 0.4119 constant LCU per US$ of GDP | +2.5% |
| 1994 | 0.4647 constant LCU per US$ of GDP | +12.8% |
| 1995 | 0.2744 constant LCU per US$ of GDP | -40.9% |
| 1996 | 0.3012 constant LCU per US$ of GDP | +9.7% |
| 1997 | 0.3184 constant LCU per US$ of GDP | +5.7% |
| 1998 | 0.2743 constant LCU per US$ of GDP | -13.8% |
| 1999 | 0.2819 constant LCU per US$ of GDP | +2.8% |
| 2000 | 0.2839 constant LCU per US$ of GDP | +0.7% |
| 2001 | 0.3656 constant LCU per US$ of GDP | +28.8% |
| 2002 | 0.329 constant LCU per US$ of GDP | -10.0% |
| 2003 | 0.2692 constant LCU per US$ of GDP | -18.2% |
| 2004 | 0.2282 constant LCU per US$ of GDP | -15.2% |
| 2005 | 0.2049 constant LCU per US$ of GDP | -10.2% |
| 2006 | 0.1997 constant LCU per US$ of GDP | -2.6% |
| 2007 | 0.173 constant LCU per US$ of GDP | -13.4% |
| 2008 | 0.1521 constant LCU per US$ of GDP | -12.1% |
| 2009 | 0.1651 constant LCU per US$ of GDP | +8.6% |
| 2010 | 0.1656 constant LCU per US$ of GDP | +0.3% |
| 2011 | 0.1662 constant LCU per US$ of GDP | +0.4% |
| 2012 | 0.1621 constant LCU per US$ of GDP | -2.5% |
| 2013 | 0.1684 constant LCU per US$ of GDP | +3.9% |
| 2014 | 0.171 constant LCU per US$ of GDP | +1.6% |
| 2015 | 0.2044 constant LCU per US$ of GDP | +19.5% |
| 2016 | 0.2105 constant LCU per US$ of GDP | +3.0% |
| 2017 | 0.2211 constant LCU per US$ of GDP | +5.0% |
| 2018 | 0.2425 constant LCU per US$ of GDP | +9.7% |
| 2019 | 0.2468 constant LCU per US$ of GDP | +1.7% |
| 2020 | 0.2859 constant LCU per US$ of GDP | +15.9% |
| 2021 | 0.2553 constant LCU per US$ of GDP | -10.7% |
| 2022 | 0.233 constant LCU per US$ of GDP | -8.7% |
| 2023 | 0.213 constant LCU per US$ of GDP | -8.6% |
| 2024 | 0.1903 constant LCU per US$ of GDP | -10.6% |
| 2025 | 0.1731 constant LCU per US$ of GDP | -9.0% |
Turkey compared with similar countries
- Turkey's 0.1731 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 0.3532 constant LCU per US$ of GDP, 49% of the median. (54 countries reporting)
- Turkey's 0.1731 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.0947 constant LCU per US$ of GDP, 1.8× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.12 constant LCU per US$ of GDP | 1.08 constant LCU per US$ of GDP | 1.16 constant LCU per US$ of GDP | 2 |
| 1970s | 0.8016 constant LCU per US$ of GDP | 0.417 constant LCU per US$ of GDP | 1.29 constant LCU per US$ of GDP | 10 |
| 1980s | 0.5295 constant LCU per US$ of GDP | 0.438 constant LCU per US$ of GDP | 0.6076 constant LCU per US$ of GDP | 10 |
| 1990s | 0.351 constant LCU per US$ of GDP | 0.2743 constant LCU per US$ of GDP | 0.4647 constant LCU per US$ of GDP | 10 |
| 2000s | 0.2371 constant LCU per US$ of GDP | 0.1521 constant LCU per US$ of GDP | 0.3656 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1959 constant LCU per US$ of GDP | 0.1621 constant LCU per US$ of GDP | 0.2468 constant LCU per US$ of GDP | 10 |
| 2020s | 0.2251 constant LCU per US$ of GDP | 0.1731 constant LCU per US$ of GDP | 0.2859 constant LCU per US$ of GDP | 6 |
Countries ranked near Turkey
- 115 Barbados 0.1994 constant LCU per US$ of GDP compare
- 116 Georgia 0.1931 constant LCU per US$ of GDP compare
- 117 Argentina 0.1924 constant LCU per US$ of GDP compare
- 119 Romania 0.1727 constant LCU per US$ of GDP compare
- 120 Solomon Islands 0.1727 constant LCU per US$ of GDP compare
- 121 Peru 0.1656 constant LCU per US$ of GDP 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 taxes less subsidies on products (constant lcu), per unit of gdp in Turkey?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Turkey was 0.1731 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Turkey?
- The highest recorded value was 1.29 constant LCU per US$ of GDP in 1971.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Turkey?
- The lowest recorded value was 0.1521 constant LCU per US$ of GDP in 2008.
- How does Turkey rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Turkey ranks 118th out of 189 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Turkey?
- Over the last ten years it is down 15.3%. 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 Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.