Overview
Discussions Key data points
Last release
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Observation period
2023
Next release
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Forecast
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Highest
1.12 T USD on Dec 31, 2023
Lowest
7.57 B USD on Dec 31, 1960
About Turkey GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Related indicators
Frequently Asked Questions
One of the ways to count Turkey GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Turkey GDP was 1.12 T USD, and the year before it reached 907.12 B USD.
Turkey GDP accounts for 1.05% of the world GDP.
In 2023 Turkey GDP per capita was 14.71 K USD, and in 2022 it reached 14.06 K USD. GDP per capita is gross domestic product divided by a country's population.
Last quarter Turkey real GDP was 626.97 B TRY, the quarter before it reached 613.23 B TRY.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Turkey GDP has ever reached is 1.12 T USD.
The lowest ever value Turkey GDP has reached is 7.57 B USD.