Turkey
GDP growth, year over year
GDP growth tracks how quickly inflation-adjusted output is expanding or contracting. It is the headline pace measure for business cycles, slowdowns, recoveries, and recessions.
GDP Growth Rate - Turkey
Country charts require Starter
Country-level charts start with Starter
The reading right now
As of January 2024, GDP growth, year over year for Turkey stood at 3.33%. That is down 1.7 percentage points from the prior year. Over the trailing five years, the series has averaged 4.79%, ranging from a low of 1.3% in January 2019 to a high of 11.8% in January 2021. The current reading sits 1.6 percentage points below its trailing ten-year mean of 4.89%.
Computed from the observation series on this page. Numbers update when the underlying provider revises the data.