Turkey: Growth of exports

* indicates monthly or quarterly data series
 Turkey

Exports of goods and services, annual growth

 Latest value 0.95
 Year 2024
 Measure percent
 Data availability 1988 - 2024
 Average 7.33
 Min - Max -14.62 - 25.06
 Source The World Bank
The latest value from 2024 is 0.95 percent, an increase from -2.84 percent in 2023. In comparison, the world average is 4.01 percent, based on data from 128 countries. Historically, the average for Turkey from 1988 to 2024 is 7.33 percent. The minimum value, -14.62 percent, was reached in 2020 while the maximum of 25.06 percent was recorded in 2021. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Turkey - Growth of exports - Recent values chart

Historical series
Turkey - Growth of exports - historical chart - 1988-2024




Definition: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 86.70 2023 percent
 Trade openness 55.82 2024 percent
 Financial openness -1.248 2022 index points
 Exports, percent of GDP 28.05 2024 percent
 Exports, billion dollars 371.11 2024 billion U.S. dollars
 Growth of exports 0.95 2024 percent
 Imports, percent of GDP 27.78 2024 percent
 Imports, billion dollars 367.56 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.85 2024 percent
 Foreign Direct Investment, billion dollars 11.74 2024 billion U.S. dollars
 Portfolio investment inflows, equities -2,481.00 2024 million dollars (current)
 Current account, percent of GDP -0.75 2024 percent
 Trade balance, percent of GDP 0.27 2024 percent
 Trade balance, in dollars 5.61 2024 billion U.S. dollars
 Reserves 154.77 2024 billion U.S. dollars
 Remittances, percent of GDP 0.08 2023 percent
 Remittances 982.00 2024 million U.S. dollars
 Net errors and omissions -18,049.00 2024 million USD
 External debt 38.70 2024 percent
 Short-term external debt 33.83 2024 percent
 Short-term debt to reserves 114.32 2024 percent
 External debt in foreign currencies 93.36 2024 percent
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