Turkey Nominal GDP
1998 - 2022 | Quarterly | USD mn | CEIC Data
Key information about Turkey Nominal GDP
- Turkey Nominal GDP reached 216.8 USD bn in Jun 2022, compared with 180.2 USD bn in the previous quarter.
- Nominal GDP in Turkey is updated quarterly, available from Mar 1998 to Jun 2022, with an average number of 182.9 USD bn.
- The data reached an all-time high of 255.0 USD bn in Sep 2014 and a record low of 48.2 USD bn in Dec 2001.
CEIC converts quarterly Nominal GDP into USD. Turkish Statistical Institute provides Nominal GDP in local currency. The Central Bank of the Republic of Turkey average market exchange rate is used for currency conversions.
Related information about Turkey Nominal GDP
- In the latest reports, Turkey GDP expanded 7.6 % YoY in Jun 2022.
- Its GDP deflator (implicit price deflator) increased 99.5 % in Jun 2022.
- Turkey GDP Per Capita reached 9,591.6 USD in Dec 2021.
- Its Gross Savings Rate was measured at 31.3 % in Jun 2022.
- For Nominal GDP contributions, Investment accounted for 35.6 % in Jun 2022.
- Public Consumption accounted for 11.0 % in Jun 2022.
- Private Consumption accounted for 57.7 % in Jun 2022.
View Turkey's Nominal GDP from Mar 1998 to Jun 2022 in the chart:
What was Turkey's Nominal GDP in Jun 2022?
Turkey Nominal GDP reached 216.8 USD bn in Jun 2022, compared with 180.2 USD bn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 216,780.0 Jun 2022 | 180,212.9 Mar 2022 | 48,247.9 Dec 2001 | 254,993.9 Sep 2014 | USD mn | quarterly | Mar 1998 - Jun 2022 |
Nominal GDP by Country Comparison
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Includes Nominal GDP on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 4,763.0 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Algeria (USD mn) | 45,219.6 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| Argentina (USD mn) | 138,555.9 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Armenia (USD mn) | 3,051.7 Mar 2022 | quarterly | Dec 1994 - Mar 2022 |
| Australia (USD mn) | 434,919.2 Jun 2022 | quarterly | Sep 1959 - Jun 2022 |
| Austria (USD mn) | 117,914.6 Jun 2022 | quarterly | Mar 1988 - Jun 2022 |
| Azerbaijan (USD mn) | 17,562.3 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Bahrain (USD mn) | 10,806.5 Mar 2022 | quarterly | Mar 2007 - Mar 2022 |
| Bangladesh (USD mn) | 460,749.7 2022 | yearly | 1960 - 2022 |
| Belarus (USD mn) | 15,525.0 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
| Belgium (USD mn) | 147,322.2 Jun 2022 | quarterly | Mar 1980 - Jun 2022 |
| Bolivia (USD mn) | 11,122.0 Mar 2022 | quarterly | Mar 1990 - Mar 2022 |
| Bosnia and Herzegovina (USD mn) | 4,904.4 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Botswana (USD mn) | 4,650.1 Mar 2022 | quarterly | Sep 1993 - Mar 2022 |
| Brazil (USD mn) | 501,931.0 Jun 2022 | quarterly | Mar 1990 - Jun 2022 |
| Brunei (USD mn) | 3,853.9 Dec 2021 | quarterly | Mar 2004 - Dec 2021 |
| Bulgaria (USD mn) | 21,222.8 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| Cambodia (USD mn) | 26,985.6 2021 | yearly | 1993 - 2021 |
| Canada (USD mn) | 550,867.6 Jun 2022 | quarterly | Mar 1957 - Jun 2022 |
| Chile (USD mn) | 77,367.9 Jun 2022 | quarterly | Mar 1990 - Jun 2022 |
| China (USD mn) | 4,425,637.1 Jun 2022 | quarterly | Mar 1992 - Jun 2022 |
| Colombia (USD mn) | 91,852.3 Jun 2022 | quarterly | Mar 2000 - Jun 2022 |
| Croatia (USD mn) | 17,698.3 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| Cyprus (USD mn) | 6,935.6 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| Czech Republic (USD mn) | 72,536.8 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| Denmark (USD mn) | 99,819.4 Jun 2022 | quarterly | Mar 1990 - Jun 2022 |
| Ecuador (USD mn) | 28,396.6 Mar 2022 | quarterly | Mar 1991 - Mar 2022 |
| Egypt (USD mn) | 96,155.5 Jun 2021 | quarterly | Sep 2001 - Jun 2021 |
| Estonia (USD mn) | 9,635.6 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| European Union (USD mn) | 4,158,264.7 Jun 2022 | quarterly | Mar 1999 - Jun 2022 |
| Finland (USD mn) | 72,539.2 Jun 2022 | quarterly | Mar 1990 - Jun 2022 |
| France (USD mn) | 694,304.3 Jun 2022 | quarterly | Mar 1957 - Jun 2022 |
| Georgia (USD mn) | 4,610.4 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Germany (USD mn) | 1,015,177.8 Jun 2022 | quarterly | Mar 1960 - Jun 2022 |
| Ghana (USD mn) | 21,594.6 Mar 2022 | quarterly | Mar 2006 - Mar 2022 |
| Greece (USD mn) | 55,907.2 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| Hong Kong SAR, China (USD mn) | 86,306.2 Jun 2022 | quarterly | Mar 1973 - Jun 2022 |
| Hungary (USD mn) | 45,124.1 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| Iceland (USD mn) | 6,891.3 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| India (USD mn) | 841,449.9 Jun 2022 | quarterly | Jun 1996 - Jun 2022 |
| Indonesia (USD mn) | 338,021.0 Jun 2022 | quarterly | Mar 1993 - Jun 2022 |
| Iran (USD mn) | 393,335.2 Dec 2021 | quarterly | Jun 1988 - Dec 2021 |
| Ireland (USD mn) | 131,137.2 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Israel (USD mn) | 128,078.1 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| Italy (USD mn) | 501,914.3 Jun 2022 | quarterly | Mar 1980 - Jun 2022 |
| Ivory Coast (USD mn) | 10,091.2 Sep 2018 | quarterly | Mar 1997 - Sep 2018 |
| Japan (USD mn) | 1,055,036.3 Jun 2022 | quarterly | Mar 1957 - Jun 2022 |
| Jordan (USD mn) | 10,972.4 Mar 2022 | quarterly | Mar 1992 - Mar 2022 |
| Kazakhstan (USD mn) | 43,278.1 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
| Kenya (USD mn) | 29,197.7 Mar 2022 | quarterly | Mar 2009 - Mar 2022 |
| South Korea (USD mn) | 429,038.7 Jun 2022 | quarterly | Mar 1960 - Jun 2022 |
| Kosovo (USD mn) | 1,954.1 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Kuwait (USD mn) | 27,984.3 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
| Kyrgyzstan (USD mn) | 533.6 Jun 2022 | quarterly | Mar 2000 - Jun 2022 |
| Laos (USD mn) | 19,074.4 2021 | yearly | 1984 - 2021 |
| Latvia (USD mn) | 9,960.5 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| Lebanon (USD mn) | 63,482.3 2020 | yearly | 1997 - 2020 |
| Lithuania (USD mn) | 17,229.5 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| Luxembourg (USD mn) | 22,327.9 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Macau SAR, China (USD mn) | 6,655.4 Mar 2022 | quarterly | Mar 1998 - Mar 2022 |
| North Macedonia (USD mn) | 3,290.8 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Malawi (USD mn) | 10,862.6 2019 | yearly | 1960 - 2019 |
| Malaysia (USD mn) | 101,791.1 Jun 2022 | quarterly | Mar 1991 - Jun 2022 |
| Malta (USD mn) | 4,248.6 Mar 2022 | quarterly | Mar 1992 - Mar 2022 |
| Mauritius (USD mn) | 2,906.6 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| Mexico (USD mn) | 361,516.8 Jun 2022 | quarterly | Mar 1993 - Jun 2022 |
| Moldova (USD mn) | 3,417.4 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| Mongolia (USD mn) | 4,346.9 Jun 2022 | quarterly | Mar 2000 - Jun 2022 |
| Montenegro (USD mn) | 1,152.6 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Morocco (USD mn) | 34,565.6 Mar 2022 | quarterly | Mar 1990 - Mar 2022 |
| Mozambique (USD mn) | 15,777.0 2021 | yearly | 1963 - 2021 |
| Myanmar (USD mn) | 66,719.6 2018 | yearly | 2001 - 2018 |
| Nepal (USD mn) | 36,288.8 2021 | yearly | 2001 - 2021 |
| Netherlands (USD mn) | 247,015.5 Jun 2022 | quarterly | Mar 1988 - Jun 2022 |
| New Zealand (USD mn) | 60,919.7 Jun 2022 | quarterly | Jun 1987 - Jun 2022 |
| Nigeria (USD mn) | 108,402.1 Jun 2022 | quarterly | Mar 2010 - Jun 2022 |
| Norway (USD mn) | 134,830.7 Jun 2022 | quarterly | Mar 1978 - Jun 2022 |
| Oman (USD mn) | 22,836.9 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Pakistan (USD mn) | 377,286.3 2022 | yearly | 2000 - 2022 |
| Palestinian Territory (USD mn) | 4,898.6 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Panama (USD mn) | 17,623.7 Mar 2022 | quarterly | Mar 2007 - Mar 2022 |
| Paraguay (USD mn) | 10,335.3 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
| Peru (USD mn) | 61,551.4 Jun 2022 | quarterly | Mar 1979 - Jun 2022 |
| Philippines (USD mn) | 102,480.2 Jun 2022 | quarterly | Mar 1981 - Jun 2022 |
| Poland (USD mn) | 165,112.0 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| Portugal (USD mn) | 63,994.3 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Qatar (USD mn) | 54,323.6 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Romania (USD mn) | 76,733.0 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| Russia (USD mn) | 520,932.3 Jun 2022 | quarterly | Mar 1993 - Jun 2022 |
| Saudi Arabia (USD mn) | 251,950.4 Mar 2022 | quarterly | Mar 2003 - Mar 2022 |
| Serbia (USD mn) | 15,814.9 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Singapore (USD mn) | 107,742.8 Jun 2022 | quarterly | Mar 1975 - Jun 2022 |
| Slovakia (USD mn) | 27,992.3 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| Slovenia (USD mn) | 15,476.2 Jun 2022 | quarterly | Mar 1995 - Jun 2022 |
| South Africa (USD mn) | 102,855.7 Dec 2021 | quarterly | Mar 1960 - Dec 2021 |
| Spain (USD mn) | 341,008.7 Jun 2022 | quarterly | Mar 1970 - Jun 2022 |
| Sri Lanka (USD mn) | 24,532.7 Mar 2022 | quarterly | Mar 2002 - Mar 2022 |
| Sudan (USD mn) | 73,427.7 2020 | yearly | 1960 - 2020 |
| Sweden (USD mn) | 153,793.7 Jun 2022 | quarterly | Mar 1980 - Jun 2022 |
| Switzerland (USD mn) | 199,684.0 Jun 2022 | quarterly | Mar 1980 - Jun 2022 |
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Includes 271 key indicators for Turkey, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.7 Jun 2022 | quarterly | Dec 2006 - Jun 2022 |
| Consolidated Fiscal Balance (USD mn) | -3,567.020 Jul 2022 | monthly | Jan 2006 - Jul 2022 |
| Tax Revenue (USD mn) | 8,989.123 Jun 2022 | monthly | Jan 2006 - Jun 2022 |
| Tax Revenue: % of GDP (%) | 18.2 Mar 2022 | quarterly | Mar 2006 - Mar 2022 |
| National Government Debt (USD mn) | 233,291.0 2021 | yearly | 2001 - 2021 |
| Government Debt: % of GDP (%) | 42.6 Mar 2022 | quarterly | Dec 2001 - Mar 2022 |
| Forecast: Government Expenditure (TRY bn) | 12,603.152 2027 | yearly | 2000 - 2027 |
| Forecast: Government Net Debt (TRY bn) | 16,959.025 2027 | yearly | 2000 - 2027 |
| Forecast: Government Revenue (TRY bn) | 10,271.474 2027 | yearly | 2000 - 2027 |
| General Budget: Revenue (TRY mn) | 336,679.810 Aug 2022 | monthly | Jan 2005 - Aug 2022 |
| General Budget: Expenditure (TRY mn) | 309,452.440 Aug 2022 | monthly | Jan 2005 - Aug 2022 |
| General Budget: Cash Balance (TRY mn) | 28,727.370 Aug 2022 | monthly | Jan 2005 - Aug 2022 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 1,400,707,844.000 Jul 2022 | monthly | Jan 2006 - Jul 2022 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 457,531,847.000 Jul 2022 | monthly | Jan 2006 - Jul 2022 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 657,597,149.000 Jul 2022 | monthly | Jan 2006 - Jul 2022 |
| General Budget: ytd: Revenue: Tax (TRY th) | 1,202,638,836.000 Jul 2022 | monthly | Jan 2006 - Jul 2022 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 45,465,345.000 Jul 2022 | monthly | Jan 2006 - Jul 2022 |
| General Budget: ytd: Revenue (TRY th) | 1,435,986,986.000 Jul 2022 | monthly | Jan 2006 - Jul 2022 |
| General Budget: ytd: Balance (TRY th) | 35,279,142.000 Jul 2022 | monthly | Jan 2006 - Jul 2022 |
| Central Government Debt: External (TRY mn) | 538,505.357 Mar 2019 | monthly | Jan 2002 - Mar 2019 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.799 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | -10,026.5 Jul 2022 | monthly | Jan 2013 - Jul 2022 |
| Total Exports (USD mn) | 14,265.9 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Exports Growth (%) | 11.2 Jul 2022 | monthly | Jan 2014 - Jul 2022 |
| Aluminum: Exports (USD th) | 3,873,788.707 2021 | yearly | 1995 - 2021 |
| Exports: Medicament (USD th) | 1,322,013.835 2021 | yearly | 1995 - 2021 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 601,994.909 2021 | yearly | 1995 - 2021 |
| Total Imports (USD mn) | 17,684.5 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Imports Growth (%) | 37.6 Jul 2022 | monthly | Jan 2014 - Jul 2022 |
| Imports: Medicament (USD th) | 2,713,227.061 2021 | yearly | 1995 - 2021 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 4,495,215.087 2021 | yearly | 1995 - 2021 |
| Total Exports to USA (USD mn) | 1,555.471 Jun 2022 | monthly | Apr 1964 - Jun 2022 |
| Total Imports from USA (USD mn) | 1,388.764 Jul 2022 | monthly | Apr 1964 - Jul 2022 |
| Total Exports to China (USD mn) | 230.988 Jul 2022 | monthly | Jan 2013 - Jul 2022 |
| Total Imports from China (USD mn) | 3,804.280 Jul 2022 | monthly | Sep 1992 - Jul 2022 |
| Trade Balance: USD (USD mn) | -2,136.727 Mar 2019 | monthly | Jan 1969 - Mar 2019 |
| Natural Gas: Annual: Production (Cub m mn) | 415.037 2021 | yearly | 1976 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.4 Jul 2022 | monthly | Jan 2003 - Jul 2022 |
| Household Debt: % of GDP (%) | 14.0 Mar 2022 | quarterly | Dec 2014 - Mar 2022 |
| Non-Performing Loans (USD mn) | 9,045.547 Jul 2022 | monthly | Dec 2002 - Jul 2022 |
| Money Supply M1 (USD mn) | 152,460.935 Jul 2022 | monthly | Dec 1963 - Jul 2022 |
| Money Supply M2 (USD mn) | 388,211.705 Jul 2022 | monthly | Dec 1976 - Jul 2022 |
| M2 Growth (%) | 82.8 Jul 2022 | monthly | Dec 1977 - Jul 2022 |
| Reserve Requirement Ratio (%) | 8.0 Aug 2022 | monthly | Jan 2011 - Aug 2022 |
| Foreign Exchange Reserves (USD mn) | 53,680.0 Jul 2022 | monthly | Apr 2000 - Jul 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 5.965 Jun 2022 | quarterly | Jun 2000 - Jun 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.8 Jul 2022 | monthly | Apr 2000 - Jul 2022 |
| Gold Reserves (USD mn) | 41,143.000 Jun 2022 | monthly | Dec 1956 - Jun 2022 |
| Total Deposits (USD mn) | 416,111.399 Jul 2022 | monthly | Dec 2002 - Jul 2022 |
| Total Deposits Growth (%) | 90.4 Jul 2022 | monthly | Dec 2003 - Jul 2022 |
| Domestic Credit (USD mn) | 452,165.4 Jul 2022 | monthly | Jan 1986 - Jul 2022 |
| Domestic Credit Growth (%) | 70.9 Jul 2022 | monthly | Jan 1987 - Jul 2022 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 19.700 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| Credit to Households (USD bn) | 78.746 Dec 2021 | quarterly | Mar 1986 - Dec 2021 |
| Credit to Private Non-Financial Sector (USD bn) | 478.012 Dec 2021 | quarterly | Mar 1986 - Dec 2021 |
| Household Debt (USD mn) | 65,659.0 Jul 2022 | monthly | Jan 1986 - Jul 2022 |
| Total Loans (USD mn) | 294,056.818 Jul 2022 | monthly | Jan 1986 - Jul 2022 |
| Total Loans Growth (%) | 65.49 Jul 2022 | monthly | Jan 1987 - Jul 2022 |
| Private Debt: % of Nominal GDP (%) | 46.71 Jun 2022 | quarterly | Dec 1998 - Jun 2022 |
| Money Supply: M3 (TRY th) | 7,064,617,754.000 Jul 2022 | monthly | Dec 2005 - Jul 2022 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 2.417 Jul 2022 | monthly | Jan 2003 - Jul 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -10.8 Aug 2022 | monthly | Jan 2008 - Aug 2022 |
| Composite Leading Indicator Index: Trend Restored (NA) | 267.210 Jul 2022 | monthly | Dec 1987 - Jul 2022 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 101.400 Aug 2022 | monthly | Jan 2007 - Aug 2022 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 86.260 Aug 2022 | monthly | Jan 2011 - Aug 2022 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 116.240 Aug 2022 | monthly | Jan 2011 - Aug 2022 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 112.880 Aug 2022 | monthly | Jan 2011 - Aug 2022 |
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