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

Location

GDP per capita: 15,893 USD (PPP: 45,639 intl$) · Total GDP: 1,359.1 billion USD (2024)

Income and purchasing power

The average monthly income in Turkiye is 1,122 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
GDP 1,359.12 billion USD 15,893 USD
Gross National Product (GNI) 13,460 USD
GDP (PPP) 45,639 intl$

Development of gross domestic product in billions of USD 1960 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 1,359.12 15,893
2023 1,141.24 13,375
2022 926.10 10,898
2021 839.94 9,982
2020 733.63 8,798
2019 775.85 9,395
2018 788.36 9,684
2017 863.87 10,756
2016 870.82 10,984
2015 865.46 11,065
2014 942.34 12,209
2013 962.17 12,636
2012 885.33 11,777
2011 844.19 11,374
2010 782.55 10,699
2009 653.89 9,077
2008 775.42 10,913
2007 685.23 9,767
2006 559.67 7,990
2005 508.31 7,332
2004 410.16 5,980
2003 315.39 4,650
2002 240.78 3,591
2001 202.20 3,052
2000 274.75 4,199
1999 256.67 3,974
1998 276.04 4,331
1997 263.82 4,197
1996 250.37 4,041
1995 234.70 3,846
1994 130.65 2,176
1993 180.42 3,058
1992 159.10 2,744
1991 151.03 2,649
1990 150.66 2,690
1989 107.13 1,949
1988 90.88 1,686
1987 87.19 1,650
1986 75.67 1,461
1985 67.23 1,326
1984 59.94 1,209
1983 61.80 1,276
1982 64.37 1,360
1981 71.18 1,537
1980 68.82 1,516
1979 89.62 2,013
1978 65.91 1,510
1977 58.68 1,372
1976 51.45 1,228
1975 46.04 1,122
1974 35.41 881
1973 26.00 661
1972 20.65 537
1971 16.17 431
1970 17.86 488
1969 19.47 544
1968 17.50 501
1967 15.64 459
1966 14.10 425
1965 11.97 370
1964 11.18 354
1963 10.36 337
1962 8.92 298
1961 7.99 274
1960 7.57 267

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
Imports 367.38 billion USD (27.0% of GDP)
Exports 374.69 billion USD (27.6% of GDP)

Household debt and deficits 2024

Indicator Turkiye
Government debt 361.79 billion USD (26.6% of GDP)
Household debt 778.51 billion USD (57.3% 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 - 2025

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

Year Unemployment Rate (%)
2025 8.5%
2024 8.8%
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 15,893 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 45,639 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: June 2026