Turkey GDP YoYTurkey GDP YoYTurkey GDP YoY

Turkey GDP YoY

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Key data points


Last release
Observation period
Q3 2024
Next release
Forecast
Highest
22.30% on Jun 30, 2021
Lowest
−14.50% on Mar 31, 2009

About Turkey GDP YoY


Category
GDP
Frequency
Quarterly
Units
%
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.