Turkey: Gross Domestic Product (GDP)
* indicates monthly or quarterly data series
The most recent value is 8822.25 billion Turkish Lira as of Q1 2024, an increase compared to the previous value of 8431.37 billion Turkish Lira. Historically, the average for Turkey from Q1 1998 to Q1 2024 is 885.96 billion Turkish Lira. The minimum of 13.45 billion Turkish Lira was recorded in Q1 1998, while the maximum of 8822.25 billion Turkish Lira was reached in Q1 2024.
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* indicates monthly or quarterly data series
- Measure: billion Turkish Lira
- Source: Eurostat
| Recent values | Turkey: GDP, billion currency units |
|---|---|
| 2024 Q1 | 8822.25 |
| 2023 Q4 | 8431.37 |
| 2023 Q3 | 7696.61 |
| 2023 Q2 | 5506.17 |
| 2023 Q1 | 4642.15 |
| 2022 Q4 | 4794.18 |
| 2022 Q3 | 4273.14 |
| 2022 Q2 | 3424.67 |
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Definition: The Gross Domestic Product (GDP) is the sum of the gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The data are in billion local currency units using current prices.
| 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 |