Gross domestic product (GDP) in Türkiye
Türkiye: Gross domestic product (GDP) was 48.28 trillion Domestic currency in 2027. ◆ Volatile
Gross domestic product (GDP) in Türkiye, 1962–2027
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
The most recent figure for gross domestic product (gdp) in Türkiye is 48.28 trillion Domestic currency, measured in 2027. That is the highest value across all 66 years on record.
That represents a change of up 18.1% on the previous year and up 1,440.8% over ten years.
Over the whole period, gross domestic product (gdp) in Türkiye peaked at 48.28 trillion Domestic currency in 2027 and was at its lowest, 131,323 Domestic currency, in 1962.
Türkiye ranks 17th of 86 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Türkiye, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 1962 | 131,323 Domestic currency | — |
| 1963 | 139,773 Domestic currency | +6.4% |
| 1964 | 148,011 Domestic currency | +5.9% |
| 1965 | 160,869 Domestic currency | +8.7% |
| 1966 | 187,534 Domestic currency | +16.6% |
| 1967 | 209,185 Domestic currency | +11.5% |
| 1968 | 224,064 Domestic currency | +7.1% |
| 1969 | 254,541 Domestic currency | +13.6% |
| 1970 | 285,464 Domestic currency | +12.1% |
| 1971 | 360,267 Domestic currency | +26.2% |
| 1972 | 428,667 Domestic currency | +19.0% |
| 1973 | 516,654 Domestic currency | +20.5% |
| 1974 | 649,229 Domestic currency | +25.7% |
| 1975 | 842,598 Domestic currency | +29.8% |
| 1976 | 1.07 million Domestic currency | +27.3% |
| 1977 | 1.46 million Domestic currency | +36.6% |
| 1978 | 2.16 million Domestic currency | +47.7% |
| 1979 | 3.66 million Domestic currency | +69.1% |
| 1980 | 7.34 million Domestic currency | +100.8% |
| 1981 | 10.88 million Domestic currency | +48.2% |
| 1982 | 14.45 million Domestic currency | +32.8% |
| 1983 | 19.16 million Domestic currency | +32.5% |
| 1984 | 30.30 million Domestic currency | +58.2% |
| 1985 | 48.35 million Domestic currency | +59.5% |
| 1986 | 70.37 million Domestic currency | +45.5% |
| 1987 | 102.94 million Domestic currency | +46.3% |
| 1988 | 178.02 million Domestic currency | +72.9% |
| 1989 | 313.16 million Domestic currency | +75.9% |
| 1990 | 541.48 million Domestic currency | +72.9% |
| 1991 | 868.04 million Domestic currency | +60.3% |
| 1992 | 1.51 billion Domestic currency | +73.5% |
| 1993 | 2.73 billion Domestic currency | +81.3% |
| 1994 | 5.33 billion Domestic currency | +95.2% |
| 1995 | 10.69 billion Domestic currency | +100.7% |
| 1996 | 20.35 billion Domestic currency | +90.3% |
| 1997 | 39.72 billion Domestic currency | +95.2% |
| 1998 | 71.94 billion Domestic currency | +81.1% |
| 1999 | 107.37 billion Domestic currency | +49.2% |
| 2000 | 171.49 billion Domestic currency | +59.7% |
| 2001 | 247.27 billion Domestic currency | +44.2% |
| 2002 | 362.11 billion Domestic currency | +46.4% |
| 2003 | 472.17 billion Domestic currency | +30.4% |
| 2004 | 582.85 billion Domestic currency | +23.4% |
| 2005 | 680.28 billion Domestic currency | +16.7% |
| 2006 | 795.76 billion Domestic currency | +17.0% |
| 2007 | 887.71 billion Domestic currency | +11.6% |
| 2008 | 1.00 trillion Domestic currency | +13.0% |
| 2009 | 1.01 trillion Domestic currency | +0.4% |
| 2010 | 1.17 trillion Domestic currency | +16.0% |
| 2011 | 1.40 trillion Domestic currency | +20.3% |
| 2012 | 1.58 trillion Domestic currency | +12.6% |
| 2013 | 1.82 trillion Domestic currency | +15.3% |
| 2014 | 2.05 trillion Domestic currency | +12.7% |
| 2015 | 2.35 trillion Domestic currency | +14.4% |
| 2016 | 2.63 trillion Domestic currency | +11.7% |
| 2017 | 3.13 trillion Domestic currency | +19.3% |
| 2018 | 3.76 trillion Domestic currency | +19.9% |
| 2019 | 4.31 trillion Domestic currency | +14.7% |
| 2020 | 5.05 trillion Domestic currency | +17.1% |
| 2021 | 7.25 trillion Domestic currency | +43.6% |
| 2022 | 14.29 trillion Domestic currency | +97.2% |
| 2023 | 22.23 trillion Domestic currency | +55.5% |
| 2024 | 28.59 trillion Domestic currency | +28.6% |
| 2025 | 34.47 trillion Domestic currency | +20.6% |
| 2026 | 40.87 trillion Domestic currency | +18.6% |
| 2027 | 48.28 trillion Domestic currency | +18.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 181,912 Domestic currency | 131,323 Domestic currency | 254,541 Domestic currency | 8 |
| 1970s | 1.14 million Domestic currency | 285,464 Domestic currency | 3.66 million Domestic currency | 10 |
| 1980s | 79.50 million Domestic currency | 7.34 million Domestic currency | 313.16 million Domestic currency | 10 |
| 1990s | 26.11 billion Domestic currency | 541.48 million Domestic currency | 107.37 billion Domestic currency | 10 |
| 2000s | 620.88 billion Domestic currency | 171.49 billion Domestic currency | 1.01 trillion Domestic currency | 10 |
| 2010s | 2.42 trillion Domestic currency | 1.17 trillion Domestic currency | 4.31 trillion Domestic currency | 10 |
| 2020s | 25.13 trillion Domestic currency | 5.05 trillion Domestic currency | 48.28 trillion Domestic currency | 8 |
Countries ranked near Türkiye
- 14 Mongolia 97.98 trillion Domestic currency compare
- 15 Angola 92.29 trillion Domestic currency compare
- 16 Hungary 90.52 trillion Domestic currency compare
- 18 Mexico 37.59 trillion Domestic currency compare
- 19 United States of America 30.28 trillion Domestic currency compare
- 20 Senegal 26.38 trillion Domestic currency compare
More public sector data for Türkiye
- Arms imports 381.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 4.46 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -43.89 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 381.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 292.08 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0184 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 27.59 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 24.98 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 882.24 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is gross domestic product (gdp) in Türkiye?
- Gross domestic product (gdp) in Türkiye was 48.28 trillion Domestic currency in 2027, according to International Monetary Fund.
- What is the highest gross domestic product (gdp) recorded in Türkiye?
- The highest recorded value was 48.28 trillion Domestic currency in 2027.
- What is the lowest gross domestic product (gdp) recorded in Türkiye?
- The lowest recorded value was 131,323 Domestic currency in 1962.
- How does Türkiye rank for gross domestic product (gdp)?
- Türkiye ranks 17th out of 86 countries with data for 2027.
- Is gross domestic product (gdp) rising or falling in Türkiye?
- Over the last ten years it is up 1,440.8%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP) (Total economy, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Public Sector Balance Sheet (PSBS) Database shows comprehensive estimates of public sector assets and liabilities that formed the basis for the analysis presented in the October 2018 edition of the Fiscal Monitor. The database covers a broad sample of 55 countries, of which 25 countries contain time-series estimated PSBS and the rest for one single-year data compiled as part of Financial Transparency Evaluations and IMF Technical Assistance missions. The PSBS database is compiled on a best-effort basis, using the conceptual framework of the IMF's Government Finance Statistics Manual 2014. Data for the central and general government generally replicate data reported by country authorities in the IMF's Government Finance Statistics database. Data for the central bank generally replicate data reported by country authorities in the IMF's Monetary and Financial Statistics database. Where these data fail to cover all categories of assets and liabilities, they are complemented by other data reported by statistical authorities at the national level. other international organizations, or staff estimates. Data sources for public corporations are country specific and are captured in the country specific metadata documents.