Price level ratio of PPP conversion factor (GDP) to market exchange in Turkey
Turkey: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.3522 in 2024. ▼ Falling
Latest (2024)
0.3522
Change on year
up 13.8%
World rank
141st
of 202 countries
All-time high
0.6761
in 2008
All-time low
0.273
in 2022
Years of data
35
1990–2024
Price level ratio of PPP conversion factor (GDP) to market exchange in Turkey, 1990–2024
Source: UNESCO Institute for Statistics.
Analysis
Turkey recorded 0.3522 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.
That represents a change of up 13.8% on the previous year and down 30.2% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Turkey peaked at 0.6761 in 2008 and was at its lowest, 0.273, in 2022.
That places Turkey 141st out of 202 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 35 years of available data.
Price level ratio of PPP conversion factor (GDP) to market exchange in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.4546 | — |
| 1991 | 0.4367 | -3.9% |
| 1992 | 0.4243 | -2.8% |
| 1993 | 0.435 | +2.5% |
| 1994 | 0.3262 | -25.0% |
| 1995 | 0.3863 | +18.4% |
| 1996 | 0.3805 | -1.5% |
| 1997 | 0.3646 | -4.2% |
| 1998 | 0.4943 | +35.6% |
| 1999 | 0.4691 | -5.1% |
| 2000 | 0.4504 | -4.0% |
| 2001 | 0.3386 | -24.8% |
| 2002 | 0.3923 | +15.9% |
| 2003 | 0.4907 | +25.1% |
| 2004 | 0.5557 | +13.2% |
| 2005 | 0.6212 | +11.8% |
| 2006 | 0.5893 | -5.1% |
| 2007 | 0.6532 | +10.8% |
| 2008 | 0.6761 | +3.5% |
| 2009 | 0.5837 | -13.7% |
| 2010 | 0.6125 | +4.9% |
| 2011 | 0.5768 | -5.8% |
| 2012 | 0.5678 | -1.6% |
| 2013 | 0.5622 | -1.0% |
| 2014 | 0.5047 | -10.2% |
| 2015 | 0.4273 | -15.3% |
| 2016 | 0.4109 | -3.8% |
| 2017 | 0.3794 | -7.7% |
| 2018 | 0.3381 | -10.9% |
| 2019 | 0.3238 | -4.2% |
| 2020 | 0.3012 | -7.0% |
| 2021 | 0.3109 | +3.2% |
| 2022 | 0.273 | -12.2% |
| 2023 | 0.3096 | +13.4% |
| 2024 | 0.3522 | +13.8% |
Turkey compared with similar countries
- Turkey's 0.3522 is below the median for upper middle income countries, which is 0.407, 87% of the median. (57 countries reporting)
- Turkey's 0.3522 is below the median for Europe & Central Asia, which is 0.5562, 63% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4172 | 0.3262 | 0.4943 | 10 |
| 2000s | 0.5351 | 0.3386 | 0.6761 | 10 |
| 2010s | 0.4704 | 0.3238 | 0.6125 | 10 |
| 2020s | 0.3094 | 0.273 | 0.3522 | 5 |
Countries ranked near Turkey
More population data for Turkey
- Population regions with projections, annual growth rate -1 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.1546 % change on previous year (2050)
- Population long run with projections, annual growth rate -1 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.543 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.9701 % change on previous year (2100)
- Population growth rate -1 (2100)
- Population density 84.9 (2100)
- Projected population under age 5 2.26 million (2100)
- Population growth rate by level of development -1 (2100)
- Urbanization vs gdp, annual growth rate 0.1677 % change on previous year (2025)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Turkey?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Turkey was 0.3522 in 2024, according to UNESCO Institute for Statistics.
- What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Turkey?
- The highest recorded value was 0.6761 in 2008.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Turkey?
- The lowest recorded value was 0.273 in 2022.
- How does Turkey rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Turkey ranks 141st out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Turkey?
- Over the last ten years it is down 30.2%. The long-run trend across the full record is falling.
- Where does this Turkey data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release