Turkey Real GDP Growth
1999 - 2022 | Quarterly | % | CEIC Data
Key information about Turkey Real GDP Growth
- The Gross Domestic Product (GDP) in Turkey expanded 7.6 % YoY in Jun 2022, following a growth of 7.5 % in the previous quarter.
- Real GDP Growth YoY data in Turkey is updated quarterly, available from Mar 1999 to Jun 2022, with an average rate of 6.3 %.
- The data reached an all-time high of 22.2 % in Jun 2021 and a record low of -14.5 % in Mar 2009.
Related information about Turkey Real GDP Growth
- In the latest reports, Nominal GDP of Turkey reached 216.8 USD bn in Jun 2022.
- Its GDP deflator (implicit price deflator) increased 99.5 % in Jun 2022.
- GDP Per Capita in Turkey 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 Real GDP Growth from Mar 1999 to Jun 2022 in the chart:
What was Turkey's Real GDP Growth in Jun 2022?
The Gross Domestic Product (GDP) in Turkey expanded 7.6 % YoY in Jun 2022, following a growth of 7.5 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 7.6 Jun 2022 | 7.5 Mar 2022 | -14.5 Mar 2009 | 22.2 Jun 2021 | % | quarterly | Mar 1999 - Jun 2022 |
Real GDP Growth by Country Comparison
Buy Selected Data
Includes Real GDP Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 6.0 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Algeria (%) | 1.6 Mar 2022 | quarterly | Mar 2012 - Mar 2022 |
| Argentina (%) | 6.1 Mar 2022 | quarterly | Mar 2005 - Mar 2022 |
| Armenia (%) | 8.6 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Australia (%) | 3.6 Jun 2022 | quarterly | Sep 1960 - Jun 2022 |
| Austria (%) | 6.2 Jun 2022 | quarterly | Mar 1989 - Jun 2022 |
| Azerbaijan (%) | 6.8 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Bahrain (%) | 5.5 Mar 2022 | quarterly | Mar 2009 - Mar 2022 |
| Bangladesh (%) | 7.2 2022 | yearly | 2007 - 2022 |
| Belarus (%) | -0.4 Mar 2022 | quarterly | Mar 2006 - Mar 2022 |
| Belgium (%) | 4.9 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Bolivia (%) | 4.0 Mar 2022 | quarterly | Mar 1991 - Mar 2022 |
| Bosnia and Herzegovina (%) | 5.5 Mar 2022 | quarterly | Mar 2009 - Mar 2022 |
| Botswana (%) | 7.0 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Brazil (%) | 3.2 Jun 2022 | quarterly | Mar 1997 - Jun 2022 |
| Brunei (%) | -1.4 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Bulgaria (%) | 4.8 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Cambodia (%) | 3.0 2021 | yearly | 1994 - 2021 |
| Canada (%) | 4.6 Jun 2022 | quarterly | Mar 1962 - Jun 2022 |
| Chile (%) | 5.6 Jun 2022 | quarterly | Mar 1987 - Jun 2022 |
| China (%) | 0.4 Jun 2022 | quarterly | Mar 1992 - Jun 2022 |
| Colombia (%) | 12.6 Jun 2022 | quarterly | Mar 2001 - Jun 2022 |
| Croatia (%) | 7.7 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Cyprus (%) | 6.1 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Czech Republic (%) | 4.9 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Denmark (%) | 3.6 Jun 2022 | quarterly | Mar 1992 - Jun 2022 |
| Ecuador (%) | 4.9 Dec 2021 | quarterly | Mar 1994 - Dec 2021 |
| Egypt (%) | 3.2 Jun 2022 | quarterly | Sep 2002 - Jun 2022 |
| Estonia (%) | 0.3 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| European Union (%) | 4.2 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Finland (%) | 3.0 Jun 2022 | quarterly | Mar 1976 - Jun 2022 |
| France (%) | 4.2 Jun 2022 | quarterly | Mar 1950 - Jun 2022 |
| Georgia (%) | 14.9 Mar 2022 | quarterly | Mar 1998 - Mar 2022 |
| Germany (%) | 1.7 Jun 2022 | quarterly | Mar 1992 - Jun 2022 |
| Ghana (%) | 0.9 Mar 2022 | quarterly | Jun 2006 - Mar 2022 |
| Greece (%) | 7.7 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Hong Kong SAR, China (%) | -1.3 Jun 2022 | quarterly | Mar 1991 - Jun 2022 |
| Hungary (%) | 6.5 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Iceland (%) | 7.3 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| India (%) | 13.5 Jun 2022 | quarterly | Jun 2005 - Jun 2022 |
| Indonesia (%) | 5.4 Jun 2022 | quarterly | Mar 1994 - Jun 2022 |
| Iran (%) | 5.0 Mar 2022 | quarterly | Jun 1989 - Mar 2022 |
| Ireland (%) | 10.0 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Israel (%) | 7.4 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Italy (%) | 4.5 Jun 2022 | quarterly | Mar 1982 - Jun 2022 |
| Ivory Coast (%) | 6.5 2021 | yearly | 1966 - 2021 |
| Japan (%) | 1.4 Jun 2022 | quarterly | Mar 1956 - Jun 2022 |
| Jordan (%) | 2.5 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Kazakhstan (%) | 3.3 Mar 2022 | quarterly | Mar 2006 - Mar 2022 |
| Kenya (%) | 7.2 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| South Korea (%) | 3.0 Jun 2022 | quarterly | Mar 1961 - Jun 2022 |
| Kosovo (%) | 4.9 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Kuwait (%) | 4.7 Dec 2020 | quarterly | Jun 2010 - Dec 2020 |
| Kyrgyzstan (%) | 6.3 Jun 2022 | quarterly | Mar 2007 - Jun 2022 |
| Laos (%) | 3.5 2021 | yearly | 2003 - 2021 |
| Latvia (%) | 2.9 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Lebanon (%) | -25.9 2020 | yearly | 2005 - 2020 |
| Lithuania (%) | 2.6 Jun 2022 | quarterly | Jun 1995 - Jun 2022 |
| Luxembourg (%) | 4.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Macau SAR, China (%) | -39.3 Jun 2022 | quarterly | Mar 2002 - Jun 2022 |
| North Macedonia (%) | 2.4 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Malawi (%) | 4.0 2018 | yearly | 2003 - 2018 |
| Malaysia (%) | 8.9 Jun 2022 | quarterly | Mar 2001 - Jun 2022 |
| Malta (%) | 8.9 Jun 2022 | quarterly | Mar 2001 - Jun 2022 |
| Mauritius (%) | 6.2 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Mexico (%) | 1.9 Jun 2022 | quarterly | Mar 1981 - Jun 2022 |
| Moldova (%) | 1.1 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Mongolia (%) | 6.3 Jun 2022 | quarterly | Mar 2011 - Jun 2022 |
| Montenegro (%) | 7.2 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Morocco (%) | 0.3 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Mozambique (%) | 2.0 Dec 2018 | quarterly | Jun 2007 - Dec 2018 |
| Myanmar (%) | -5.9 2021 | yearly | 2011 - 2021 |
| Nepal (%) | -6.5 Jun 2021 | quarterly | Dec 2004 - Jun 2021 |
| Netherlands (%) | 5.4 Jun 2022 | quarterly | Mar 1997 - Jun 2022 |
| New Zealand (%) | -0.0 Jun 2022 | quarterly | Jun 1983 - Jun 2022 |
| Nigeria (%) | 3.5 Jun 2022 | quarterly | Mar 2011 - Jun 2022 |
| Norway (%) | 4.0 Jun 2022 | quarterly | Mar 1979 - Jun 2022 |
| Oman (%) | -3.2 2020 | yearly | 1999 - 2020 |
| Pakistan (%) | 6.2 2022 | yearly | 2001 - 2022 |
| Palestinian Territory (%) | -3.1 Mar 2022 | quarterly | Jun 2011 - Mar 2022 |
| Panama (%) | 13.6 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Paraguay (%) | -2.0 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Peru (%) | 3.3 Jun 2022 | quarterly | Mar 1981 - Jun 2022 |
| Philippines (%) | 7.7 Jun 2022 | quarterly | Mar 1999 - Jun 2022 |
| Poland (%) | 4.7 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Portugal (%) | 1.8 Jun 2019 | quarterly | Mar 1996 - Jun 2019 |
| Qatar (%) | 2.5 Mar 2022 | quarterly | Mar 2012 - Mar 2022 |
| Romania (%) | 5.3 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Russia (%) | -2.7 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Saudi Arabia (%) | 12.2 Jun 2022 | quarterly | Mar 2011 - Jun 2022 |
| Serbia (%) | 4.5 Sep 2019 | quarterly | Mar 1997 - Sep 2019 |
| Singapore (%) | 4.4 Jun 2022 | quarterly | Mar 1976 - Jun 2022 |
| Slovakia (%) | 1.7 Jun 2022 | quarterly | Mar 1994 - Jun 2022 |
| Slovenia (%) | 8.3 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| South Africa (%) | 0.5 Jun 2022 | quarterly | Mar 1961 - Jun 2022 |
| Spain (%) | 6.3 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Sri Lanka (%) | -8.4 Jun 2022 | quarterly | Mar 2011 - Jun 2022 |
| Sudan (%) | -1.6 2020 | yearly | 1983 - 2020 |
| Sweden (%) | 4.1 Jun 2022 | quarterly | Mar 1982 - Jun 2022 |
| Switzerland (%) | 1.8 Jun 2022 | quarterly | Mar 1966 - Jun 2022 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doTurkey Key Series
Buy Selected Data
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: Cash Balance (TRY mn) | 28,727.370 Aug 2022 | monthly | Jan 2005 - Aug 2022 |
| General Budget: Expenditure (TRY mn) | 309,452.440 Aug 2022 | monthly | Jan 2005 - Aug 2022 |
| General Budget: Revenue (TRY mn) | 336,679.810 Aug 2022 | monthly | Jan 2005 - Aug 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: Tax (TRY th) | 1,202,638,836.000 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 |
| 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 |
| 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 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 116.240 Aug 2022 | monthly | Jan 2011 - Aug 2022 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 86.260 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 |
More Indicators for Turkey
Check out our pricing options.
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
View pricing optionsCEIC Flex
from $49
Entry level access to the CEIC platform for individual users. Download limits apply. Payable monthly by credit card.
CEIC Unlimited
Request a Demo
Full and unlimited access to CEIC data for multiple users. Suitable for enterprise usage. Available via annual subscription to one or more of CEIC’s global and premium databases.