Price level ratio of PPP conversion factor (GDP) to market exchange in Türkiye

Türkiye: 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 Türkiye, 1990–2024

00.20.40.61990200720241990: 0.4551991: 0.4371992: 0.4241993: 0.4351994: 0.3261995: 0.3861996: 0.3811997: 0.3651998: 0.4941999: 0.4692000: 0.452001: 0.3392002: 0.3922003: 0.4912004: 0.5562005: 0.6212006: 0.5892007: 0.6532008: 0.6762009: 0.5842010: 0.6122011: 0.5772012: 0.5682013: 0.5622014: 0.5052015: 0.4272016: 0.4112017: 0.3792018: 0.3382019: 0.3242020: 0.3012021: 0.3112022: 0.2732023: 0.312024: 0.352

Source: UNESCO Institute for Statistics.

Analysis

Türkiye 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 Türkiye peaked at 0.6761 in 2008 and was at its lowest, 0.273, in 2022.

That places Türkiye 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 Türkiye, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Türkiye, 1990 to 2024.
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%

Averages by decade

DecadeAverage LowestHighest 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 Türkiye

  1. 138 Ethiopia 0.3554 compare
  2. 139 Côte d'Ivoire 0.3541 compare
  3. 140 Congo 0.3533 compare
  4. 142 Mongolia 0.3504 compare
  5. 143 North Macedonia 0.3502 compare
  6. 144 Paraguay 0.3464 compare

See the full ranking of 202 places →

More population data for Türkiye

All data for Türkiye →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Türkiye?
Price level ratio of ppp conversion factor (gdp) to market exchange in Türkiye 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 Türkiye?
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 Türkiye?
The lowest recorded value was 0.273 in 2022.
How does Türkiye rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Türkiye 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 Türkiye?
Over the last ten years it is down 30.2%. The long-run trend across the full record is falling.
Where does this Türkiye 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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Price level ratio of PPP conversion factor (GDP) to market exchange in Türkiye. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 05 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/turkiye/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release