Value Added (Total Manufacturing) — Value Standard Local Currency in Turkey
Turkey: Value Added (Total Manufacturing) — Value Standard Local Currency was 56.34 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Turkey, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Turkey stood at 56.34 % change on previous year.
Compared with earlier readings it is down 46.7% on the previous year and up 203.8% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Turkey peaked at 106.95 % change on previous year in 1994 and was at its lowest, -6.47 % change on previous year, in 2009.
That places Turkey 10th out of 231 countries with data for 2023, putting it in the top 10%.
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 | % change on previous year | Change |
|---|---|---|
| 1971 | 27.62 % change on previous year | — |
| 1972 | 24.77 % change on previous year | -10.3% |
| 1973 | 27.22 % change on previous year | +9.9% |
| 1974 | 28.78 % change on previous year | +5.7% |
| 1975 | 29.8 % change on previous year | +3.5% |
| 1976 | 35.93 % change on previous year | +20.6% |
| 1977 | 25.71 % change on previous year | -28.5% |
| 1978 | 47.84 % change on previous year | +86.1% |
| 1979 | 97.2 % change on previous year | +103.2% |
| 1980 | 67.91 % change on previous year | -30.1% |
| 1981 | 71.86 % change on previous year | +5.8% |
| 1982 | 36.63 % change on previous year | -49.0% |
| 1983 | 26.59 % change on previous year | -27.4% |
| 1984 | 49.52 % change on previous year | +86.2% |
| 1985 | 61.3 % change on previous year | +23.8% |
| 1986 | 77 % change on previous year | +25.6% |
| 1987 | 43.9 % change on previous year | -43.0% |
| 1988 | 81.78 % change on previous year | +86.3% |
| 1989 | 77.19 % change on previous year | -5.6% |
| 1990 | 64.2 % change on previous year | -16.8% |
| 1991 | 61.87 % change on previous year | -3.6% |
| 1992 | 69.33 % change on previous year | +12.1% |
| 1993 | 74.33 % change on previous year | +7.2% |
| 1994 | 106.95 % change on previous year | +43.9% |
| 1995 | 105.24 % change on previous year | -1.6% |
| 1996 | 78.29 % change on previous year | -25.6% |
| 1997 | 99.12 % change on previous year | +26.6% |
| 1998 | 62.87 % change on previous year | -36.6% |
| 1999 | 34 % change on previous year | -45.9% |
| 2000 | 49.41 % change on previous year | +45.3% |
| 2001 | 36.54 % change on previous year | -26.0% |
| 2002 | 39.98 % change on previous year | +9.4% |
| 2003 | 31.77 % change on previous year | -20.5% |
| 2004 | 22.26 % change on previous year | -29.9% |
| 2005 | 16.41 % change on previous year | -26.3% |
| 2006 | 18.05 % change on previous year | +10.0% |
| 2007 | 9.89 % change on previous year | -45.2% |
| 2008 | 9.33 % change on previous year | -5.7% |
| 2009 | -6.47 % change on previous year | -169.4% |
| 2010 | 15.23 % change on previous year | -335.5% |
| 2011 | 31.47 % change on previous year | +106.6% |
| 2012 | 8.36 % change on previous year | -73.4% |
| 2013 | 18.55 % change on previous year | +121.9% |
| 2014 | 16.1 % change on previous year | -13.2% |
| 2015 | 13.89 % change on previous year | -13.7% |
| 2016 | 11.05 % change on previous year | -20.5% |
| 2017 | 26.47 % change on previous year | +139.6% |
| 2018 | 30.2 % change on previous year | +14.1% |
| 2019 | 10.55 % change on previous year | -65.1% |
| 2020 | 21.77 % change on previous year | +106.3% |
| 2021 | 67 % change on previous year | +207.7% |
| 2022 | 105.68 % change on previous year | +57.7% |
| 2023 | 56.34 % change on previous year | -46.7% |
Turkey compared with similar countries
- Turkey's 56.34 % change on previous year is above the median for upper middle income countries, which is 5.07 % change on previous year, 11.1× the median. (54 countries reporting)
- Turkey's 56.34 % change on previous year is above the median for Europe & Central Asia, which is 4.42 % change on previous year, 12.8× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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 |
|---|---|---|---|
| 2010 | +335.5% | -6.47 % change on previous year | 15.23 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 38.32 % change on previous year | 24.77 % change on previous year | 97.2 % change on previous year | 9 |
| 1980s | 59.37 % change on previous year | 26.59 % change on previous year | 81.78 % change on previous year | 10 |
| 1990s | 75.62 % change on previous year | 34 % change on previous year | 106.95 % change on previous year | 10 |
| 2000s | 22.72 % change on previous year | -6.47 % change on previous year | 49.41 % change on previous year | 10 |
| 2010s | 18.19 % change on previous year | 8.36 % change on previous year | 31.47 % change on previous year | 10 |
| 2020s | 62.7 % change on previous year | 21.77 % change on previous year | 105.68 % change on previous year | 4 |
Countries ranked near Turkey
- 7 South Sudan 120.12 % change on previous year compare
- 8 Cuba 69.44 % change on previous year compare
- 9 Iran (Islamic Republic of) 59.94 % change on previous year compare
- 10 Türkiye 56.34 % change on previous year compare
- 12 Saint Lucia 55.11 % change on previous year compare
- 13 Ethiopia 49.63 % 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 value added (total manufacturing) — value standard local currency in Turkey?
- Value added (total manufacturing) — value standard local currency in Turkey was 56.34 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Turkey?
- The highest recorded value was 106.95 % change on previous year in 1994.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Turkey?
- The lowest recorded value was -6.47 % change on previous year in 2009.
- How does Turkey rank for value added (total manufacturing) — value standard local currency?
- Turkey ranks 10th out of 231 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 203.8%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.