Turkey Nominal GDP
Turkey Nominal GDP reached 196.9 USD bn in Sep 2020, compared with 151.7 USD bn in the previous quarter. Nominal GDP in Turkey is updated quarterly, available from Mar 1987 to Sep 2020, with an average number of 91.1 USD bn. The data reached an all-time high of 255.0 USD bn in Sep 2014 and a record low of 16.4 USD bn in Mar 1987. 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. Nominal GDP prior to Q1 1998 is sourced from the International Monetary Fund.
In the latest reports, Turkey GDP contracted 9.9 % YoY in Jun 2020. Its GDP deflator (implicit price deflator) increased 12.4 % in Jun 2020. Turkey GDP Per Capita reached 9,212.7 USD in Dec 2019. Its Gross Savings Rate was measured at 29.6 % in Sep 2020.
View Turkey's Nominal GDP from Mar 1987 to Sep 2020 in the chart:
What was Turkey's Nominal GDP in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 196,872.0 Sep 2020 | 151,664.0 Jun 2020 | 16,421.2 Mar 1987 | 254,993.9 Sep 2014 | USD mn | quarterly | Mar 1987 - Sep 2020 |
Nominal GDP by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 3,216.2 Jun 2020 | quarterly | Mar 2008 - Jun 2020 |
| Algeria (USD mn) | 40,083.4 Mar 2020 | quarterly | Mar 1999 - Mar 2020 |
| Argentina (USD mn) | 87,180.6 Jun 2020 | quarterly | Mar 2004 - Jun 2020 |
| Armenia (USD mn) | 3,593.3 Sep 2020 | quarterly | Dec 1994 - Sep 2020 |
| Australia (USD mn) | 307,619.3 Jun 2020 | quarterly | Sep 1959 - Jun 2020 |
| Austria (USD mn) | 112,574.1 Sep 2020 | quarterly | Mar 1988 - Sep 2020 |
| Azerbaijan (USD mn) | 10,668.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (USD mn) | 7,943.7 Jun 2020 | quarterly | Mar 2007 - Jun 2020 |
| Bangladesh (USD mn) | 329,803.7 2020 | yearly | 1960 - 2020 |
| Belarus (USD mn) | 13,789.2 Jun 2020 | quarterly | Mar 1994 - Jun 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.5 Jun 2020 | quarterly | Dec 2006 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -580.134 Oct 2020 | monthly | Jan 2006 - Oct 2020 |
| Tax Revenue (USD mn) | 10,153.886 Dec 2020 | monthly | Jan 2006 - Dec 2020 |
| Tax Revenue: % of GDP (%) | 17.1 Sep 2020 | quarterly | Mar 2006 - Sep 2020 |
| National Government Debt (USD mn) | 247,523.1 2019 | yearly | 2001 - 2019 |
| Government Debt: % of GDP (%) | 39.4 Jun 2020 | quarterly | Dec 2001 - Jun 2020 |
| Forecast: Government Expenditure (TRY bn) | 3,254.416 2025 | yearly | 2000 - 2025 |
| Forecast: Government Net Debt (TRY bn) | 4,457.983 2025 | yearly | 2000 - 2025 |
| Forecast: Government Revenue (TRY bn) | 2,597.422 2025 | yearly | 2000 - 2025 |
| General Budget: ytd: Revenue (TRY th) | 912,490,285.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 1,042,301,431.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 538,459,790.950 Dec 2020 | monthly | Jan 2006 - Dec 2020 |
| General Budget: ytd: Revenue: Tax (TRY th) | 754,592,889.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 31,146,981.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 262,210,898.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
| General Budget: ytd: Balance (TRY th) | -129,811,146.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
| Central Government Debt: External (TRY mn) | 538,505.357 Mar 2019 | monthly | Jan 2002 - Mar 2019 |
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