Value Added (Total Manufacturing) — Value Standard Local Currency in Turkey
Turkey: Value Added (Total Manufacturing) — Value Standard Local Currency was 578,214 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Turkey, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Turkey stood at 578,214 million SLC. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 2.5% on the previous year and up 64.8% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Turkey peaked at 578,214 million SLC in 2023 and was at its lowest, 32,379 million SLC, in 1970.
Turkey ranks 66th of 223 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.
Value Added (Total Manufacturing) — Value Standard Local Currency in Turkey, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 32,379 million SLC | — |
| 1971 | 35,196 million SLC | +8.7% |
| 1972 | 39,033 million SLC | +10.9% |
| 1973 | 44,068 million SLC | +12.9% |
| 1974 | 47,285 million SLC | +7.3% |
| 1975 | 51,399 million SLC | +8.7% |
| 1976 | 56,025 million SLC | +9.0% |
| 1977 | 59,722 million SLC | +6.6% |
| 1978 | 61,634 million SLC | +3.2% |
| 1979 | 57,874 million SLC | -6.1% |
| 1980 | 55,605 million SLC | -3.9% |
| 1981 | 60,854 million SLC | +9.4% |
| 1982 | 64,761 million SLC | +6.4% |
| 1983 | 69,592 million SLC | +7.5% |
| 1984 | 76,030 million SLC | +9.3% |
| 1985 | 80,363 million SLC | +5.7% |
| 1986 | 88,802 million SLC | +10.5% |
| 1987 | 97,735 million SLC | +10.1% |
| 1988 | 99,272 million SLC | +1.6% |
| 1989 | 102,271 million SLC | +3.0% |
| 1990 | 112,172 million SLC | +9.7% |
| 1991 | 114,842 million SLC | +2.4% |
| 1992 | 121,467 million SLC | +5.8% |
| 1993 | 132,759 million SLC | +9.3% |
| 1994 | 122,614 million SLC | -7.6% |
| 1995 | 139,674 million SLC | +13.9% |
| 1996 | 149,608 million SLC | +7.1% |
| 1997 | 166,731 million SLC | +11.4% |
| 1998 | 168,689 million SLC | +1.2% |
| 1999 | 159,246 million SLC | -5.6% |
| 2000 | 171,183 million SLC | +7.5% |
| 2001 | 156,437 million SLC | -8.6% |
| 2002 | 163,316 million SLC | +4.4% |
| 2003 | 179,212 million SLC | +9.7% |
| 2004 | 203,362 million SLC | +13.5% |
| 2005 | 222,731 million SLC | +9.5% |
| 2006 | 244,117 million SLC | +9.6% |
| 2007 | 260,502 million SLC | +6.7% |
| 2008 | 261,700 million SLC | +0.5% |
| 2009 | 238,262 million SLC | -9.0% |
| 2010 | 260,119 million SLC | +9.2% |
| 2011 | 312,750 million SLC | +20.2% |
| 2012 | 319,528 million SLC | +2.2% |
| 2013 | 350,886 million SLC | +9.8% |
| 2014 | 370,579 million SLC | +5.6% |
| 2015 | 392,518 million SLC | +5.9% |
| 2016 | 408,256 million SLC | +4.0% |
| 2017 | 446,084 million SLC | +9.3% |
| 2018 | 452,425 million SLC | +1.4% |
| 2019 | 442,208 million SLC | -2.3% |
| 2020 | 455,552 million SLC | +3.0% |
| 2021 | 540,489 million SLC | +18.6% |
| 2022 | 563,866 million SLC | +4.3% |
| 2023 | 578,214 million SLC | +2.5% |
Turkey compared with similar countries
- Turkey's 578,214 million SLC is above the median for upper middle income countries, which is 77,843 million SLC, 7.4× the median. (54 countries reporting)
- Turkey's 578,214 million SLC is above the median for Europe & Central Asia, which is 63,440 million SLC, 9.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 48,462 million SLC | 32,379 million SLC | 61,634 million SLC | 10 |
| 1980s | 79,529 million SLC | 55,605 million SLC | 102,271 million SLC | 10 |
| 1990s | 138,780 million SLC | 112,172 million SLC | 168,689 million SLC | 10 |
| 2000s | 210,082 million SLC | 156,437 million SLC | 261,700 million SLC | 10 |
| 2010s | 375,535 million SLC | 260,119 million SLC | 452,425 million SLC | 10 |
| 2020s | 534,530 million SLC | 455,552 million SLC | 578,214 million SLC | 4 |
Countries ranked near Turkey
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 value added (total manufacturing) — value standard local currency in Turkey?
- Value added (total manufacturing) — value standard local currency in Turkey was 578,214 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Turkey?
- The highest recorded value was 578,214 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Turkey?
- The lowest recorded value was 32,379 million SLC in 1970.
- How does Turkey rank for value added (total manufacturing) — value standard local currency?
- Turkey ranks 66th out of 223 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Turkey?
- Over the last ten years it is up 64.8%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).