TUR · Europe & Central Asia / Europe & Central Asia (excluding high income)

Location

GDP per capita: 15,473 USD (PPP: 43,932 intl$) (2024)

Income and purchasing power

The average monthly income in Turkiye is 1,096 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Cost of Living

Cost of living indices are relative to New York City (NYC = 100). Lower index means lower costs. Data as of November 2025.

Cost of Living Index
32.0
Est. monthly cost: $1,120
68.0% cheaper than NYC
Rent Index
15.0
1-bedroom, center: $420/month
85.0% cheaper than NYC
Groceries Index
35.0
Per person/month: $158
65.0% cheaper than NYC
Restaurant Price Index
38.0
Mid-range meal: $8
Purchasing Power Index
45.0
55.0% lower than NYC
(Higher is better)

How to read: All indices are relative to New York City (NYC = 100). An index of 70 means costs are 30% lower than NYC. Estimated prices are calculated based on NYC reference prices.

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Economic performance 2024

Indicator Value Per Capita
Gross National Product (GNI) 13,150 USD
GDP (PPP) 43,932 intl$

Largest economic sectors

The main economic sectors in Turkiye play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Turkiye Per Capita

Household debt and deficits 2024

Indicator Turkiye
Government debt 33.1% of GDP

Corruption in Turkiye

The Corruption Perceptions Index (CPI) measures the perceived levels of public sector corruption. The scale ranges from 0 (highly corrupt) to 100 (very clean).

Corruption Perceptions Index
34.0
Year: 2024
Corrupt
Scale: 0-100
Data source: Transparency International

Unemployment rates in percentages 1991 - 2024

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2024 8.4%
2023 9.4%
2022 10.5%
2021 12.0%
2020 13.1%
2019 13.7%
2018 11.0%
2017 10.9%
2016 10.9%
2015 10.3%
2014 9.9%
2013 9.7%
2012 9.2%
2011 9.8%
2010 11.9%
2009 14.0%
2008 11.0%
2007 10.3%
2006 10.2%
2005 10.6%
2004 10.8%
2003 10.5%
2002 10.4%
2001 8.4%
2000 6.5%
1999 7.7%
1998 6.9%
1997 6.8%
1996 6.6%
1995 7.6%
1994 8.6%
1993 9.0%
1992 8.5%
1991 8.2%

Inflation rates in percentages 1960 - 2024

Year Inflation Rate (%)
2024 58.5%
2023 53.9%
2022 72.3%
2021 19.6%
2020 12.3%
2019 15.2%
2018 16.3%
2017 11.1%
2016 7.8%
2015 7.7%
2014 8.9%
2013 7.5%
2012 8.9%
2011 6.5%
2010 8.6%
2009 6.3%
2008 10.4%
2007 8.8%
2006 9.6%
2005 8.2%
2004 8.6%
2003 21.6%
2002 45.0%
2001 54.4%
2000 54.9%
1999 64.9%
1998 84.6%
1997 85.7%
1996 80.4%
1995 89.1%
1994 105.2%
1993 66.1%
1992 70.1%
1991 66.0%
1990 60.3%
1989 63.3%
1988 68.8%
1987 38.9%
1986 34.6%
1985 45.0%
1984 48.4%
1983 31.4%
1982 29.1%
1981 37.6%
1980 94.3%
1979 63.5%
1978 61.9%
1977 26.0%
1976 17.5%
1975 21.2%
1974 23.9%
1973 13.9%
1972 15.4%
1971 19.0%
1970 7.9%
1969 4.9%
1968 6.0%
1967 14.0%
1966 8.5%
1965 4.6%
1964 1.1%
1963 6.4%
1962 3.9%
1961 3.2%
1960 5.7%

Frequently Asked Questions

What is the GDP per capita of Turkiye in 2024?

The GDP per capita of Turkiye is 15,473 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 43,932 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Turkiye?

The main economic sectors in Turkiye include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Turkiye in 2024?

The inflation rate in Turkiye is 58.5% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Turkiye including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Turkiye's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Turkiye's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: December 2025