GDP (current LCU), annual growth rate in Turkey

Turkey: GDP (current LCU), annual growth rate was 63.53 % change on previous year in 2024. ◆ Volatile

Latest (2024)
63.53 % change on previous year
Change on year
down 17.3%
World rank
6th
of 211 countries
All-time high
149.5 % change on previous year
in 1998
All-time low
0.36 % change on previous year
in 2009
Years of data
54
1971–2024

GDP (current LCU), annual growth rate in Turkey, 1971–2024

050100150197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp (current lcu), annual growth rate in Turkey is 63.53 % change on previous year, measured in 2024.

That represents a change of down 17.3% on the previous year and up 400.5% over ten years.

Over the whole period, gdp (current lcu), annual growth rate in Turkey peaked at 149.5 % change on previous year in 1998 and was at its lowest, 0.36 % change on previous year, in 2009.

Turkey ranks 6th of 211 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU), annual growth rate in Turkey, year by year

Annual values for GDP (current LCU), annual growth rate in Turkey, 1971 to 2024.
Year % change on previous year Change
1971 23.41 % change on previous year
1972 19.22 % change on previous year -17.9%
1973 25.91 % change on previous year +34.8%
1974 36.21 % change on previous year +39.8%
1975 30.01 % change on previous year -17.1%
1976 27.71 % change on previous year -7.7%
1977 28.32 % change on previous year +2.2%
1978 49.76 % change on previous year +75.7%
1979 75.62 % change on previous year +52.0%
1980 88.28 % change on previous year +16.7%
1981 51.05 % change on previous year -42.2%
1982 32.8 % change on previous year -35.8%
1983 32.53 % change on previous year -0.8%
1984 58.19 % change on previous year +78.8%
1985 59.55 % change on previous year +2.3%
1986 45.54 % change on previous year -23.5%
1987 46.29 % change on previous year +1.6%
1988 72.94 % change on previous year +57.6%
1989 75.91 % change on previous year +4.1%
1990 72.91 % change on previous year -4.0%
1991 60.31 % change on previous year -17.3%
1992 73.52 % change on previous year +21.9%
1993 81.26 % change on previous year +10.5%
1994 95.19 % change on previous year +17.1%
1995 100.66 % change on previous year +5.7%
1996 90.3 % change on previous year -10.3%
1997 95.21 % change on previous year +5.4%
1998 149.5 % change on previous year +57.0%
1999 49.25 % change on previous year -67.1%
2000 59.72 % change on previous year +21.3%
2001 44.18 % change on previous year -26.0%
2002 46.45 % change on previous year +5.1%
2003 30.39 % change on previous year -34.6%
2004 23.44 % change on previous year -22.9%
2005 16.71 % change on previous year -28.7%
2006 16.98 % change on previous year +1.6%
2007 11.56 % change on previous year -31.9%
2008 12.96 % change on previous year +12.1%
2009 0.36 % change on previous year -97.2%
2010 16.03 % change on previous year +4351.8%
2011 20.32 % change on previous year +26.8%
2012 12.57 % change on previous year -38.2%
2013 15.3 % change on previous year +21.7%
2014 12.69 % change on previous year -17.0%
2015 14.41 % change on previous year +13.5%
2016 11.72 % change on previous year -18.6%
2017 19.31 % change on previous year +64.7%
2018 20.02 % change on previous year +3.7%
2019 14.8 % change on previous year -26.1%
2020 16.92 % change on previous year +14.4%
2021 43.73 % change on previous year +158.4%
2022 106.88 % change on previous year +144.4%
2023 76.83 % change on previous year -28.1%
2024 63.53 % change on previous year -17.3%

Turkey compared with similar countries

  • Turkey's 63.53 % change on previous year is above the median for upper middle income countries, which is 7.03 % change on previous year, 9.0× the median. (58 countries reporting)
  • Turkey's 63.53 % change on previous year is above the median for Europe & Central Asia, which is 6.26 % change on previous year, 10.2× the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU), annual growth rate in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2010 +4351.8% 0.36 % change on previous year 16.03 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 35.13 % change on previous year 19.22 % change on previous year 75.62 % change on previous year 9
1980s 56.31 % change on previous year 32.53 % change on previous year 88.28 % change on previous year 10
1990s 86.81 % change on previous year 49.25 % change on previous year 149.5 % change on previous year 10
2000s 26.27 % change on previous year 0.36 % change on previous year 59.72 % change on previous year 10
2010s 15.72 % change on previous year 11.72 % change on previous year 20.32 % change on previous year 10
2020s 61.58 % change on previous year 16.92 % change on previous year 106.88 % change on previous year 5

Countries ranked near Turkey

  1. 3 Lebanon 200.6 % change on previous year compare
  2. 4 Sudan 197.3 % change on previous year compare
  3. 5 Syria 117.66 % change on previous year compare
  4. 7 Guyana 46.8 % change on previous year compare
  5. 8 Iran 38.33 % change on previous year compare
  6. 9 Cuba 37.3 % change on previous year compare

See the full ranking of 211 places →

More population data for Turkey

All data for Turkey →

Frequently asked questions

What is gdp (current lcu), annual growth rate in Turkey?
Gdp (current lcu), annual growth rate in Turkey was 63.53 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current lcu), annual growth rate recorded in Turkey?
The highest recorded value was 149.5 % change on previous year in 1998.
What is the lowest gdp (current lcu), annual growth rate recorded in Turkey?
The lowest recorded value was 0.36 % change on previous year in 2009.
How does Turkey rank for gdp (current lcu), annual growth rate?
Turkey ranks 6th out of 211 countries with data for 2024.
Is gdp (current lcu), annual growth rate rising or falling in Turkey?
Over the last ten years it is up 400.5%. The long-run trend across the full record is volatile.
Where does this Turkey data come from?
The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current LCU), annual growth rate in Turkey. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-lcu-annual-growth-rate-2/turkiye/

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How this figure is calculated

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,125 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.