The Gross Domestic Product (GDP) in Turkey was worth 740 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Turkey represents 0.61 percent of the world economy.

GDP in Turkey averaged 269.39 USD Billion from 1960 until 2019, reaching an all time high of 950.58 USD Billion in 2013 and a record low of 7.99 USD Billion in 1961. This page provides the latest reported value for - Turkey GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey GDP - values, historical data and charts - was last updated on May of 2020. source: World Bank

GDP in Turkey is expected to reach 650.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey GDP is projected to trend around 740.00 USD Billion in 2021 and 810.00 USD Billion in 2022, according to our econometric models.

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Turkey GDP

Actual Previous Highest Lowest Dates Unit Frequency
740.00 766.51 950.58 7.99 1960 - 2019 USD Billion Yearly
Current USD

Turkey GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 1.90 5.80 -5.20 percent [+]
GDP Annual Growth Rate 4.50 6.00 11.70 -14.40 percent [+]
GDP 740.00 766.51 950.58 7.99 USD Billion [+]
GDP Constant Prices 404437684.10 478382417.60 478382417.60 148486309.20 TRY THO [+]
Gross Fixed Capital Formation 101761743.60 121686729.30 138491375.10 82266.40 TRY THO [+]
GDP per capita 15026.70 14870.70 15026.70 3134.80 USD [+]
GDP per capita PPP 25286.60 25024.00 25286.60 11289.90 USD [+]
GDP From Agriculture 11115755.00 25617593.00 57635337.00 6480266.00 TRY THO [+]
GDP From Construction 24290595.40 29640044.80 36195914.40 5582784.30 TRY THO [+]
GDP From Manufacturing 71562833.00 78256696.70 79790742.00 23491042.00 TRY THO [+]
GDP From Public Administration 48202167.70 47340874.38 48202167.70 21779242.77 TRY THO [+]
GDP From Services 92239191.10 114297385.50 114297385.50 35367503.20 TRY THO [+]


Turkey GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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