Gross domestic product (GDP) growth in Turkey 2024

Turkey: Growth of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)

Gross domestic product (GDP) growth in Turkey 2024 This statistic shows the growth of the real gross domestic product (GDP) in Turkey from 2014 to 2018, with projections up until 2024. The real GDP is also known as economic growth. In 2018, the growth of the real GDP in Turkey was at approximately 2.57 percent compared to the previous year.
Turkey's economy

Based on economic standards, Turkey is recognized as an emerging market and is one of the world’s newly industrialized countries, having earned a place in the Group of Twenty, which is a group consisting of the twenty most important economies in the world. Turkey’s economical significance is partially attributed to the country’s growth, especially during the recent global financial recession. While countries around the world struggled to grow, let alone maintain a balanced economy, Turkey experienced a rather high percentage of gross domestic product growth annually. Additionally, Turkey’s financial sector saw significant improvements, most notably with the country’s inflation, which reached rates lower than those prior to the financial crash and even the lowest in a decade.

With a rapidly growing populace as well as having had one of the fastest growing economies in Europe and the world, Turkey managed to maintain a stable and unchanged unemployment rate over the past decade, with the exception of 2009. However, despite a significant spike in unemployment, Turkey’s competent management helped bring the total unemployment rate to single digits for the first time in many years.
Show more

Turkey: Growth of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)

Loading statistic...
GDP growth compared to previous year
2024*3.5%
2023*3.49%
2022*3.01%
2021*2.96%
2020*2.54%
2019*-2.54%
20182.57%
20177.44%
20163.18%
20156.09%
20145.17%
GDP growth compared to previous year
2024*3.5%
2023*3.49%
2022*3.01%
2021*2.96%
2020*2.54%
2019*-2.54%
20182.57%
20177.44%
20163.18%
20156.09%
20145.17%
Download Settings Share
Download started
Please be patient - this may take a moment
This statistic shows the growth of the real gross domestic product (GDP) in Turkey from 2014 to 2018, with projections up until 2024. The real GDP is also known as economic growth. In 2018, the growth of the real GDP in Turkey was at approximately 2.57 percent compared to the previous year.
Turkey's economy

Based on economic standards, Turkey is recognized as an emerging market and is one of the world’s newly industrialized countries, having earned a place in the Group of Twenty, which is a group consisting of the twenty most important economies in the world. Turkey’s economical significance is partially attributed to the country’s growth, especially during the recent global financial recession. While countries around the world struggled to grow, let alone maintain a balanced economy, Turkey experienced a rather high percentage of gross domestic product growth annually. Additionally, Turkey’s financial sector saw significant improvements, most notably with the country’s inflation, which reached rates lower than those prior to the financial crash and even the lowest in a decade.

With a rapidly growing populace as well as having had one of the fastest growing economies in Europe and the world, Turkey managed to maintain a stable and unchanged unemployment rate over the past decade, with the exception of 2009. However, despite a significant spike in unemployment, Turkey’s competent management helped bring the total unemployment rate to single digits for the first time in many years.
Show more
Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
Related Studies: Available to Download in PDF or PPTX Format
Turkey
Turkey

All Information
in one Presentation

Turkey

Everything On "Turkey" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Other Reports & Dossiers
I think of Statista as Google for researchers. Statista provides you with the information you search for right away.
Dr. Horst Stipp

Dr. Horst Stipp
EVP, Research & Innovation, Advertising Research Foundation

Statistics on "Economic Outlook Turkey"
  • Key economic indicators
  • Manufacturing
  • Services
  • Retail
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.