Turkey Real GDP Growth
The Gross Domestic Product (GDP) in Turkey contracted 9.9 % YoY in Jun 2020, following a growth of 4.4 % in the previous quarter. Real GDP Growth YoY data in Turkey is updated quarterly, available from Mar 1999 to Jun 2020, with an average rate of 5.9 %. The data reached an all-time high of 11.8 % in Mar 2011 and a record low of -14.5 % in Mar 2009. CEIC calculates Real GDP Growth from quarterly Real GDP Index. Turkish Statistical Institute provides Real GDP Index with base 2009=100.
In the latest reports, Nominal GDP of Turkey reached 151.7 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) increased 12.4 % in Jun 2020. GDP Per Capita in Turkey reached 9,212.7 USD in Dec 2019. Its Gross Savings Rate was measured at 25.1 % in Jun 2020.
View Turkey's Real GDP Growth from Mar 1999 to Jun 2020 in the chart:
What was Turkey's Real GDP Growth in Jun 2020?
|-9.9 Jun 2020||4.4 Mar 2020||-14.5 Mar 2009||11.8 Mar 2011||%||quarterly||Mar 1999 - Jun 2020|
Real GDP Growth by Country Comparison
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|Albania (%)||-11.0 Jun 2020||quarterly||Mar 2010 - Jun 2020|
|Algeria (%)||-3.9 Mar 2020||quarterly||Mar 2012 - Mar 2020|
|Argentina (%)||-19.8 Jun 2020||quarterly||Mar 2005 - Jun 2020|
|Armenia (%)||-9.1 Sep 2020||quarterly||Mar 2001 - Sep 2020|
|Australia (%)||-6.3 Jun 2020||quarterly||Sep 1960 - Jun 2020|
|Austria (%)||-14.5 Jun 2020||quarterly||Mar 1989 - Jun 2020|
|Azerbaijan (%)||0.2 Mar 2020||quarterly||Mar 2001 - Mar 2020|
|Bahrain (%)||-8.9 Jun 2020||quarterly||Mar 2009 - Jun 2020|
|Bangladesh (%)||5.2 2020||yearly||2007 - 2020|
|Belarus (%)||-3.3 Jun 2020||quarterly||Mar 2006 - Jun 2020|
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Turkey Key Series
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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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