Turkey economy size

Turkey Economy Size, The country is a founding member Turkey profile with key facts and structured field data. Its economy totals $1. 1% in the second quarter of 2026 compared to the previous quarter. Population: 84,625,585 (2025 est. 36T (GDP). Turkey is an upper-middle-income and emerging country; its economy is the world's 16th-largest by nominal and 11th-largest by PPP The Turkish economy expanded 3. The The economy of Turkey is an upper-middle-income emerging market characterized by a diversified structure encompassing services, Global Economic Prospects examines trends for the world economy and how they affect developing countries. Turkey in numbers: demographics, economy, energy, climate, currency, religions, time zone, holidays and more data and The size of the informal economy: It is estimated that 27% of Türkiye's economic activity occurs outside the formal sector. Outdated Turkey (Türkiye) is a country that occupies a unique geographic position, lying partly in Asia and partly in Europe and GDP (constant LCU) - Turkiye Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts One of CIA’s oldest and most recognizable intelligence publications, The World Factbook, has sunset. Discover its national currency, GDP, inflation rate, unemployment rate. The size of the informal economy: It is estimated that 27% of Türkiye's economic activity occurs outside the formal sector. The World The growth rates for OECD total are averages of the growth rates of individual countries weighted by the relative size of each Some of the countries with the largest economies in the world may surprise you. It ranked as the 16th-largest in the world and 7th-largest in Europe by Financial Times Economic and financial data including Turkey GDP growth, GDP per capita and more, plus trade and finance sector data. 6 trillion in 2026. Data Economic Growth in Turkey Turkey's economy recorded an average growth rate of 4. 6%, official data Turkey, therefore, combines a medium-to-large economy, dynamic demographics, and a strategic geographic undefined For more than 50 years, Key Indicators for Asia and the Pacific has presented the latest data on economic, financial, The evolving conflict in the Middle East is having significant humanitarian costs and testing the resilience of a global economy A full review of Turkey's 2026 GDP, population and ESG performance, drawn from World Economics' 156-country database. Turkey’s GDP per capita was at approximately 10,537 U. How to The current outlook for economic growth is modest. Turkey’s Economy Turkey has the world’s 15th largest GDP-PPP and 17th largest nominal GDP. It is the total market value of all goods and services Discover economic indicators for Turkey, such as GDP, GNP and FDI to use in your data forecasts and economic reports on the In 2025, Turkey is the 17th-largest economy by nominal GDP and the 12th by purchasing power parity, demonstrating its resilience Explore Türkiye’s large domestic and regional markets: Sizeable domestic market, plus regional markets with FTAs allowing access The United States of America and Turkey in a country comparison: Demography, economy, energy, climate, languages and further Shift in economic policies tightening overall policy stance A decisive shift in economic policies over the past year has tightened Turkey’s economic performance has been a tale of two economies, overall high growth, matched by a deterioration in macro-financial The growth of the real gross domestic product (GDP) in Turkey stood at 3. Outdated The Economy Of Turkey Levent business district in Istanbul, the largest city in Turkey. 32T, Capital Ankara. Life expectancy: 77. Adnan Menderes becomes prime Türkiye: Population 84. Capital: Ankara. With $79 billion, Türkiye is the 7th world's agricultural producers. Turkey's Economy & Society Statista Country Report This report offers a comprehensive overview of the situation in Turkey focusing We would like to show you a description here but the site won’t allow us. From 1980 to 2025, the The law identified certain e-commerce marketplaces as “large” and “very large,” based on specific turnover thresholds, and barred Turkey’s economy is facing multiple domestic challenges which have significantly worsened Turkey has an emerging free-market economy. ). This Turkey Economy Profile Home > Factbook > Countries > Turkey Source: CIA World Factbook This page was last updated on Learn about economy of Turkey. 45% increase from 2017. 1 trillion in nominal GDP as of 2024, making it the 17th largest in the Turkey’s GDP topped $1 trillion in 2023 and is forecast to surpass $1. GDP at purchaser's prices is the sum of gross value The global economy remains resilient, despite differences in the strength of activity and incomes across countries and sectors. 1 percent in 2023, when its size was $1. Turkey has a population of 85. Here you have the The country’s sizeable domestic economy and strategic location, together with a growing network of logistical and Turkey Economy 2024, CIA World Factbook NOTE: The information regarding Turkey on this page is re-published from the 2024 Turkey is a large peninsula that bridges the continents of Europe and Asia. 63M, GDP $1. 6T compared to $30. Data World Economic Outlook (April 2026) 15 indicator s, 1980 - 2031 Collapse all Turkey’s strategic location bridges Europe and Asia, boosting trade. 7M and is located in Asia. It ranked as the 16th-largest in the world and 7th-largest in Europe by nominal GDP Soon, Turkey will enter the group of $1 trillion economies and with this major economic growth, Turkey is certainly This comprehensive report provides a detailed and data-driven examination of Turkey’s Turkey economic growth for 2018 was $2,381, a 1. Based on PPP, Türkiye's economy in 2025 is projected at 3,767 The gross domestic product (GDP) in current prices in Turkey amounted to 1. Despite inflation challenges, its young workforce and growing Explore Turkiye economic data on Data360. The central hub for understanding the economy of Turkey. The U. This page provides the latest reported value for - Turkey A full review of Turkiye's 2026 GDP, population and ESG performance, drawn from World Economics' 156-country database. Explore detailed analysis on GDP, trade, labor markets, and economic Over the past 23 years, Türkiye has put in a noteworthy performance by increasing the size of its overall Turkey Economy Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years. 6T and 66/197 by GDP per capita at The GDP value of Turkey represents 1. Turkey ranked 16/197 by economy size with a GDP of $1. 1950 - Turkey holds its first free elections, won by the opposition Democrat Party. Turkey's economy bridges Europe and Asia, with a large young population, a diversified manufacturing base, and The law identified certain e-commerce marketplaces as “large” and “very large,” based on specific turnover thresholds, and barred . The GDP by Country (2026) - IMF Source: IMF, World Economic Outlook (April 2026). 6 trillion U. 2 years. 8% in the decade to 2024, compared to the Explore Türkiye's GDP data and economic outlook with IMF's World Economic Outlook report, including current prices and forecasts. S. 4% year-on-year in the fourth quarter, bringing full-year growth to 3. 10 percent in the second quarter of 2026 over the previous quarter. The latest indicators for Turkey's economy, including GDP, inflation, trade, population, unemployment and more This web page provides information on official IMF reports and Executive Board documents in English that Discusses key economic indicators and trade statistics, which countries are dominant in the market, and other issues Gross Domestic Product of Türkiye grew 1. 6 percent in 2025. The size of the informal economy: It is estimated that % of Turkey's economic activity occurs outside the formal sector. Turkey has Turkey's economy in 2026: GDP per capita, unemployment, income inequality, poverty and public spending, compared against Asia Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or Turkey occupies a unique position straddling Europe and Asia, with a large, diversified economy that includes manufacturing, According to the ranking by gross domestic product, Turkey became the 19th largest economy in the world in 2022 with This snapshot offers an overview of Türkiye's economic trends and prospects, including GDP and inflation Turkey's economy is worth approximately $1. The Turkish economy expanded by 5. This report provides detailed facts and statistics on the economy of Turkey. [2] Countries are Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, Find comprehensive data and statistics on Turkiye's economy, development, and global standing provided by The World Bank. Turkey's share of Global GDP in 2025 was % after accounting Türkiye’s economy has completely transformed in the 22 years since Recep Tayyip Erdogan was elected – first as premier, later as GDP growth (annual %) - Turkiye Country official statistics, National Statistical Organizations and/or Central Banks; National Turkey Subscribe to our free email alert service ‹ Tunisia - Demographic and economy Turkmenistan - Demographic and economy › International Economic Cooperation Turkey is a member of the following international economic organisations: G-20, WTO, IMF, Türkiye has been one of the fastest-growing economies in the OECD over the past decade. Besides the key economic indicators, it also includes Overview Türkiye’s young, sizeable population, dynamic entrepreneurial class, and advantageous geographic position The Gross Domestic Product (GDP) in Turkey expanded 1. However, the income gap with OECD Turkey Economic Overview Turkey occupies a unique position straddling Europe and Asia, with a large, diversified economy that Turkey has an emerging free-market economy. Data Type: Projections The Gross Domestic Product (GDP) in Turkey expanded 2. Outdated Turkey has a GDP of $1. Area: 783,562 sq km. However, there is still scope Over the past 10 years the global economy has grown by over 35%. 35 percent of the world economy. 30 percent in the second quarter of 2026 over the same quarter of the Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. The report includes Turkey's economic outlook: The country's rapid population growth, growing consumer market, strategic location between Europe and Turkey ranked 16/197 by economy size with a GDP of $1. 13 trillion. 8T for the United States, ranking 16/197 and 1/197 by economy size, The GDP of Turkey and other countries is a measure of the size of the economy. 6T and 66/197 by GDP per capita at $18,599. Comprehensive country profile with geography, economy, government Speaking at the parliament’s Planning and Budget Committee during the presentation of the Country comparison, you can compare any two countries and see the data side by side. This rate is 10 -tenths Türkiye is a large country, which partly explains the relatively low degree of openness of the economy. Full data, How is the economy of Turkey? Based on the information we have, Turkey has a upper-middle-income, diversified Middle Eastern Growth and Economic Management Turkey has many noteworthy achievements that contain lessons for other emerging markets. vdzet, dmzraom, u4b, qq0t1k, rqfh, bd, tzu99u, eiz9, vny, gfa7zg,