Turkey GDP Annual Growth Rate

Last Release
Jun 2019
Actual
-1.5 %
Forecast
0.9 %
Previous
-2.4 %
Frequency
Quarterly
Units In
%
Next Release
Dec 2, 2019
Time to Release
11 Days 21 Hours
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Highest
Lowest
Average
Date Range
Source
11.7 %
Mar 2011
-14.4 %
Mar 2009
4.58 %1999 - 2019Turkish Statistical Institute
On the expenditure side, household consumption is the main component of Turkish GDP and accounts for 70 percent, followed by gross fixed capital formation (22 percent) and government expenditure (15 percent). Exports of goods and services account for 27 percent of GDP while imports account for 32 percent, subtracting 5 percent from total GDP.

Latest Updates

The Turkish economy shrank by 1.5 percent year-on-year in the second quarter of 2019, easing from a downwardly revised 2.4 percent contraction in the previous three-month period and compared with market expectations of 2 percent fall.

Turkey GDP Annual Growth Rate History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Sep 2, 201915:52Turkish GDP Contracts Less than Expected in Q2
May 31, 201907:58Turkish Economy Shrinks for 2nd Quarter by 2.6% YoY in Q1
DATETIMEEVENT
Sep 2, 201907:00GDP Growth Rate YoY
May 31, 201907:00GDP Growth Rate YoY

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Turkey gdp Indicators

All Turkey indicators
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Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
766.51
Dec 2018
851.55
Dec 2017
7.99
Dec 1961
950.58
Dec 2013
USD BillionYearly1960 - 2018
GDP Annual Growth Rate
-1.5
Jun 2019
-2.4
Mar 2019
-14.4
Mar 2009
11.7
Mar 2011
%Quarterly1999 - 2019
GDP Constant Prices
426,348,297.2
Jun 2019
386,563,005.9
Mar 2019
148,486,309.2
Mar 1999
464,528,287.9
Dec 2017
TRY THOQuarterly1998 - 2019
GDP From Agriculture
17,848,921
Jun 2019
10,654,652
Mar 2019
6,480,266
Mar 2002
55,318,148
Sep 2018
TRY THOQuarterly1998 - 2019
GDP From Construction
29,287,888.3
Jun 2019
24,674,005.5
Mar 2019
5,582,784.3
Mar 2002
36,146,657.3
Sep 2017
TRY THOQuarterly1998 - 2019
GDP From Manufacturing
70,922,402.5
Jun 2019
67,010,035.2
Mar 2019
23,491,042
Dec 2001
79,601,043.7
Dec 2017
TRY THOQuarterly1998 - 2019

GDP Annual Growth Rate across Europe

GDP Annual Growth Rate global view
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Country
Last
Previous
Min
Max
Unit
Frequency
Range
Albania
2.31
Jun 2019
2.43
Mar 2019
-10.84
Dec 1997
13.5
Dec 1999
%Quarterly1996 - 2019
Armenia
6.5
Jun 2019
7.2
Mar 2019
-19.7
Sep 2009
19.1
Jun 2006
%Quarterly1998 - 2019
Austria
1.5
Sep 2019
1.8
Jun 2019
-6
Jun 2009
5.6
Mar 2011
%Quarterly1997 - 2019
Belarus
0.5
Jun 2019
1.3
Mar 2019
-4.4
Dec 2015
11.05
Jun 2011
%Quarterly2011 - 2019
Belgium
1.6
Sep 2019
1.3
Jun 2019
-3.8
Jun 2009
19.4
Mar 1995
%Quarterly1981 - 2019
Bosnia and Herzegovina
2.6
Jun 2019
2.8
Mar 2019
-6.7
Sep 2010
6.4
Sep 2011
%Quarterly2004 - 2019
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