The Gross Domestic Product (GDP) in Turkey was worth 720.10 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Turkey represents 0.64 percent of the world economy. source: World Bank
GDP in Turkey averaged 278.74 USD Billion from 1960 until 2020, reaching an all time high of 957.78 USD Billion in 2013 and a record low of 7.99 USD Billion in 1961. This page provides the latest reported value for - Turkey GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey GDP - values, historical data and charts - was last updated on June of 2022.
GDP in Turkey is expected to reach 690.00 USD Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey GDP is projected to trend around 750.00 USD Billion in 2023 and 850.00 USD Billion in 2024, according to our econometric models.