Turkey: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 2.4 percent as of Q1 2024, an increase compared to the previous value of 1 percent. Historically, the average for Turkey from Q2 1998 to Q1 2024 is 1.16 percent. The minimum of -10.7 percent was recorded in Q2 2020, while the maximum of 16.4 percent was reached in Q3 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Turkey: Economic growth, quarterly |
|---|---|
| 2024 Q1 | 2.4 |
| 2023 Q4 | 1 |
| 2023 Q3 | 0.3 |
| 2023 Q2 | 3.6 |
| 2023 Q1 | -0.2 |
| 2022 Q4 | 1.1 |
| 2022 Q3 | 0.5 |
| 2022 Q2 | 1.4 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 4.52 | 2023 | percent |
| GDP, constant dollars | 1,248.4 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 1,108.02 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 12,985.75 | 2023 | U.S. dollars |
| GDP per capita, PPP | 34,414 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 14,630.37 | 2023 | U.S. dollars |
| Productivity, relative to the U.S. | 66.97 | 2022 | index points |
| Productivity, current USD | 61.3 | 2022 | USD per hour worked |
| Economic growth, quarterly | 5.00 | Q3/2023 | percent |
| Economic growth Q-on-Q | 0.30 | Q3/2023 | percent |
| Gross Domestic Product (GDP) | 7,696.61 | Q3/2023 | billion |