Value Added (Total Manufacturing) — Value Standard Local Currency in Turkey
Turkey: Value Added (Total Manufacturing) — Value Standard Local Currency was 5.19 million 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
Turkey recorded 5.19 million million SLC for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 56.3% on the previous year and up 1,647.9% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Turkey peaked at 5.19 million million SLC in 2023 and was at its lowest, 0.0499 million SLC, in 1970.
Turkey ranks 39th of 231 countries on this measure, in the top quarter.
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 | 0.0499 million SLC | — |
| 1971 | 0.0637 million SLC | +27.6% |
| 1972 | 0.0795 million SLC | +24.8% |
| 1973 | 0.1011 million SLC | +27.2% |
| 1974 | 0.1302 million SLC | +28.8% |
| 1975 | 0.169 million SLC | +29.8% |
| 1976 | 0.2298 million SLC | +35.9% |
| 1977 | 0.2888 million SLC | +25.7% |
| 1978 | 0.427 million SLC | +47.8% |
| 1979 | 0.842 million SLC | +97.2% |
| 1980 | 1.41 million SLC | +67.9% |
| 1981 | 2.43 million SLC | +71.9% |
| 1982 | 3.32 million SLC | +36.6% |
| 1983 | 4.2 million SLC | +26.6% |
| 1984 | 6.28 million SLC | +49.5% |
| 1985 | 10.14 million SLC | +61.3% |
| 1986 | 17.94 million SLC | +77.0% |
| 1987 | 25.82 million SLC | +43.9% |
| 1988 | 46.93 million SLC | +81.8% |
| 1989 | 83.15 million SLC | +77.2% |
| 1990 | 136.54 million SLC | +64.2% |
| 1991 | 221.03 million SLC | +61.9% |
| 1992 | 374.27 million SLC | +69.3% |
| 1993 | 652.45 million SLC | +74.3% |
| 1994 | 1,350 million SLC | +107.0% |
| 1995 | 2,771 million SLC | +105.2% |
| 1996 | 4,941 million SLC | +78.3% |
| 1997 | 9,838 million SLC | +99.1% |
| 1998 | 16,023 million SLC | +62.9% |
| 1999 | 21,471 million SLC | +34.0% |
| 2000 | 32,079 million SLC | +49.4% |
| 2001 | 43,802 million SLC | +36.5% |
| 2002 | 61,315 million SLC | +40.0% |
| 2003 | 80,795 million SLC | +31.8% |
| 2004 | 98,783 million SLC | +22.3% |
| 2005 | 114,993 million SLC | +16.4% |
| 2006 | 135,751 million SLC | +18.1% |
| 2007 | 149,177 million SLC | +9.9% |
| 2008 | 163,094 million SLC | +9.3% |
| 2009 | 152,542 million SLC | -6.5% |
| 2010 | 175,780 million SLC | +15.2% |
| 2011 | 231,092 million SLC | +31.5% |
| 2012 | 250,407 million SLC | +8.4% |
| 2013 | 296,851 million SLC | +18.5% |
| 2014 | 344,641 million SLC | +16.1% |
| 2015 | 392,518 million SLC | +13.9% |
| 2016 | 435,890 million SLC | +11.0% |
| 2017 | 551,276 million SLC | +26.5% |
| 2018 | 717,772 million SLC | +30.2% |
| 2019 | 793,504 million SLC | +10.6% |
| 2020 | 966,255 million SLC | +21.8% |
| 2021 | 1.61 million million SLC | +67.0% |
| 2022 | 3.32 million million SLC | +105.7% |
| 2023 | 5.19 million million SLC | +56.3% |
Turkey compared with similar countries
- Turkey's 5.19 million million SLC is above the median for upper middle income countries, which is 109,280 million SLC, 47.5× the median. (54 countries reporting)
- Turkey's 5.19 million million SLC is above the median for Europe & Central Asia, which is 71,112 million SLC, 73.0× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2381 million SLC | 0.0499 million SLC | 0.842 million SLC | 10 |
| 1980s | 20.16 million SLC | 1.41 million SLC | 83.15 million SLC | 10 |
| 1990s | 5,778 million SLC | 136.54 million SLC | 21,471 million SLC | 10 |
| 2000s | 103,233 million SLC | 32,079 million SLC | 163,094 million SLC | 10 |
| 2010s | 418,973 million SLC | 175,780 million SLC | 793,504 million SLC | 10 |
| 2020s | 2.77 million million SLC | 966,255 million SLC | 5.19 million 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 5.19 million 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 5.19 million million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Turkey?
- The lowest recorded value was 0.0499 million SLC in 1970.
- How does Turkey rank for value added (total manufacturing) — value standard local currency?
- Turkey ranks 39th 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 1,647.9%. 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. 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).