Turkey Turkey GDP - Gross Domestic Product

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GDP Turkey 2020

GDP improves in Turkey

Gross Domestic Product of Turkey grew 1.8% in 2020 compared to last year. This rate is 9 -tenths of one percent higher than the figure of 0.9% published in 2019.

The GDP figure in 2020 was €626,704$719,537 million, Turkey is number 19 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Turkey dropped €52,806$41,403 million with respect to 2019.

The GDP per capita of Turkey in 2020 was €7,520$8,548, €710$603 less than in 2019, when it was €8,230$9,151. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2010 when the GDP per capita in Turkey was €8,000$10,533.

If we order the countries according to their GDP per capita, Turkey is in 74th position of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Turkey. You can see GDP in other countries in GDP and see all the economic information about Turkey in Turkey's economy.

Quarterly GDP at market prices 2020
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2020Q4152,711M.€128,017M.$1.7%5.0%
2020Q3158,257M.€134,440M.$15.9%5.4%
2020Q2143,590M.€128,933M.$-11.0%-8.7%
2020Q1176,041M.€158,811M.$0.1%4.6%
< GDP Turkey 2019
Quaterly GDP Per Capita 2020
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2020Q41,814€-4.7%-15.5%1,521$-20.3%-5.9%
2020Q31,903€10.2%-10.0%1,617$-13.5%4.3%
2020Q21,727€-18.4%-11.5%1,551$-10.3%-18.8%
2020Q12,117€-1.4%3.6%1,910$6.7%0.1%
< GDP Turkey 2019
Evolution: Annual GDP Turkey
DateAnnual GDPAnnual GDPGDP Growth (%)
2020626,704M.€719,537M.$1.8%
2019679,510M.€760,940M.$0.9%
2018658,464M.€779,599M.$3.0%
2017760,497M.€858,932M.$7.5%
2016785,619M.€869,280M.$3.3%
2015777,042M.€864,071M.$6.1%
2014707,001M.€938,512M.$4.9%
2013719,727M.€957,504M.$8.5%
2012683,587M.€880,141M.$4.8%
2011600,961M.€838,508M.$11.2%
2010584,856M.€776,558M.$8.4%
2009465,246M.€648,797M.$-4.8%
2008525,995M.€770,820M.$0.8%
2007496,901M.€680,489M.$5.0%
2006439,888M.€555,126M.$6.9%
2005405,626M.€506,186M.$9.0%
2004327,980M.€409,127M.$9.8%
2003278,584M.€314,752M.$5.8%
2002251,517M.€240,191M.$6.4%
2001224,298M.€202,248M.$-5.8%
2000298,355M.€274,321M.$6.9%
1999240,103M.€256,566M.$-3.3%
1998244,960M.€275,834M.$4.6%
1997167,799M.€261,857M.$7.5%
1996143,121M.€250,486M.$7.0%
1995129,564M.€233,566M.$7.2%
1994108,862M.€179,359M.$-5.5%
1993153,880M.€248,573M.$8.0%
1992122,425M.€219,176M.$6.0%
1991122,275M.€208,402M.$0.9%
1990118,070M.€207,508M.$9.3%
198989,511M.€147,727M.$0.3%
198877,481M.€125,032M.$2.1%
198766,881M.€118,926M.$9.5%
198670,749M.€102,337M.$7.0%
198575,722M.€92,827M.$4.2%
198484,617M.€82,642M.$6.7%
198374,546M.€84,968M.$5.0%
198266,706M.€88,918M.$3.6%
198165,466M.€97,865M.$4.9%
198052,527M.€96,596M.$-2.4%
197989,394M.$-0.6%
197865,147M.$1.5%
197758,677M.$3.4%
197651,280M.$10.5%
197544,634M.$7.2%
197435,600M.$5.6%
197325,724M.$3.3%
197220,431M.$7.4%
197116,257M.$5.6%
197017,087M.$4.9%
196919,467M.$5.3%
196817,500M.$6.7%
196715,644M.$4.5%
196614,100M.$11.7%
196511,967M.$2.6%
196411,178M.$4.1%
196310,356M.$9.4%
19628,922M.$6.1%
19617,989M.$1.7%
196013,995M.$
Evolution: GDP per capita Turkey
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
20207,520€8,548$-8.6%-6.6%
20198,230€9,151$1.7%-3.7%
20188,090€9,507$-14.6%-10.6%
20179,470€10,629$-4.4%-2.4%
20169,910€10,891$-0.2%-0.8%
20159,930€10,974$8.4%-9.2%
20149,160€12,079$-3.1%-3.3%
20139,450€12,489$4.0%7.3%
20129,090€11,638$12.2%3.7%
20118,100€11,221$1.3%6.5%
20108,000€10,533$23.8%17.8%
20096,460€8,941$-12.7%-17.0%
20087,400€10,778$4.5%11.8%
20077,080€9,641$11.5%21.1%
20066,350€7,961$7.1%8.3%
20055,930€7,351$22.3%22.2%
20044,850€6,016$16.3%28.4%
20034,170€4,685$9.5%29.5%
20023,810€3,617$10.8%17.3%
20013,440€3,083$-25.9%-27.3%
20004,640€4,238$22.4%5.4%
19993,790€4,020$-3.3%-8.3%
19983,920€4,384$45.2%3.9%
19972,700€4,222$12.5%3.0%
19962,400€4,099$9.1%5.6%
19952,200€3,881$15.8%28.2%
19941,900€3,027$-29.6%-29.0%
19932,700€4,262$28.6%11.6%
19922,100€3,819$-4.6%3.5%
19912,200€3,691$4.8%-1.3%
19902,100€3,738$23.5%38.1%
19891,700€2,708$13.3%16.1%
19881,500€2,333$15.4%3.2%
19871,300€2,261$-7.1%14.0%
19861,400€1,983$-6.7%8.1%
19851,500€1,835$-11.8%10.0%
19841,700€1,668$6.3%-4.8%
19831,600€1,753$14.3%-6.6%
19821,400€1,877$0%-11.2%
19811,400€2,113$16.7%-1.0%
19801,200€2,134$5.1%
19792,031$33.9%
19781,516$8.5%
19771,397$12.0%
19761,248$12.6%
19751,108$23.0%
1974901$34.8%
1973668$22.7%
1972545$22.6%
1971444$-7.1%
1970479$-14.3%
1969558$8.3%
1968515$9.0%
1967473$8.2%
1966437$15.0%
1965380$4.6%
1964363$5.0%
1963346$13.1%
1962306$8.9%
1961281$-44.3%
1960504$
Evolution: GDP growth rate at constant prices Turkey
Evolution: GDP per capita Turkey
GDP Turkey