GDP

GDP of Turkey in 2023 - Expenditure Approach, Sector Output, and Regional GDP

Last Updated: October 31, 2023
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GDP Summary

“Turkey with a population of had a total GDP value of US dollars (calculated in current US dollars) for the whole of 2022. The GDP per capita is 10622, and the growth rate in 2022 is 5.5%.”

Population

83.43 million

Land Size

769630 km²

GDP

905.84 billion

GDP Per Capita

10622 USD

Real GDP Growth
Note: Real GDP Growth (%) | Forecast after 2023
GDP Per Capital (Nominal)
Note: Current USD | Forecast after 2023
GDP Per Capita (PPP)
Note: PPP | Forecast after 2023

GDP Structure (Expenditure Approach)

The latest GDP update was in October 2023, updating the data on the contribution of GDP output in various sectors for the year 2022, as a proportion of the total GDP. The data is sourced from the World Bank, IMF, and local government statistics. Predictions on the sources of GDP contribution are from the EIU.

Private Consumption
57.2%
Government Expneidutre
11.6%
Capital Formation
29.2%
Export
38.8%
Import
42.9%
GDP Growth(By Type)
Note: Real GDP Growth (%) | Forecast after 2023

GDP Structure By Sector

The latest GDP update was in October 2023, updating the data on the contribution of GDP output in various sectors for the year 2022, as a proportion of the total GDP. The data is sourced from the World Bank, IMF, and local government statistics. Predictions on the sources of GDP contribution are from the EIU.

Agriculture
6.1%
Industry
27.5%
Manufacturing
19%
Service
66.6%
Economic Growth(By Sector)
Note: Real GDP Growth (%) | Forecast after 2023

Economic Development

Unemployment

10.3 %

Inflation

72.3 %

Urbanization

75.6 %

TFR

2.1 人

Unemployment Rate
Unit: %
Inflation Rate
Unit: %

GDP By Regions

Top 5 Regions By Population & Their GDP | Note: USD, current prices, current PPP

Turkey

2332820 million USD

Istanbul

702031 million USD

Ankara

221364 million USD

Izmir

142050 million USD

Eastern Marmara - South

128033 million USD

Mediterranean region - Middle

90633.4 million USD

Historical Real GDP Growth Rate
Note: No data for 2019 and 2020 in some regions, denoted with 0%. | Source; Local Statistics Bureau | Unit: %

GDP Growth By GDP

Top 5 Regions By Population & Their GDP Growth in 2020

Turkey

1.94 %

Istanbul

-0.1 %

Ankara

5.38 %

Izmir

1.97 %

Eastern Marmara - South

0.64 %

Mediterranean region - Middle

6.09 %

Historical Real GDP Growth By Regions
Note: No data for 2019 and 2020 in some regions, denoted with 0%. | Source; Local Statistics Bureau | Unit: %

GDP Per Capita By Regions

Top 5 Regions By Population & Their GDP Per Capita in 2020 (Measured in PPP, current prices) | Unit: USD

Turkey

27977 USD

Istanbul

45319 USD

Ankara

39171 USD

Izmir

32424

Eastern Marmara - South

30584 USD

Mediterranean region - Middle

22090 USD

Historical GDP Per Capita (PPP) By Regions
Note: No data for 2019 and 2020 in some regions, denoted with 0 USD. | Source; Local Statistics Bureau | Unit: %

GDP Per Capita Growth By Regions

Top 5 Regions By Population & Their GDP Per Capita Growth Rate in 2020 | Unit: %

Turkey

0.58 %

Istanbul

-1.55 %

Ankara

3.43 %

Izmir

0.63 %

Eastern Marmara - South

-1.34 %

Mediterranean region - Middle

4.98 %

Historical GDP Per Capita Growth By Regions
Note: No data for 2019 and 2020 in some regions, denoted with 0%. | Source; Local Statistics Bureau | Unit: %