Gross savings in Turkey
Turkey: Gross savings was 406.57 billion current US$ in 2024. ◆ Volatile
Gross savings in Turkey, 1974–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Turkey is 406.57 billion current US$, measured in 2024. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 12.2% on the previous year and up 60.8% over ten years.
Over the whole period, gross savings in Turkey peaked at 406.57 billion current US$ in 2024 and was at its lowest, 11.39 billion current US$, in 1974.
Turkey ranks 14th of 177 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.89 billion current US$ | 11.39 billion current US$ | 30.21 billion current US$ | 6 |
| 1980s | 22.62 billion current US$ | 17.62 billion current US$ | 29.06 billion current US$ | 10 |
| 1990s | 49.13 billion current US$ | 23.77 billion current US$ | 74.93 billion current US$ | 10 |
| 2000s | 112.21 billion current US$ | 47.05 billion current US$ | 202.45 billion current US$ | 10 |
| 2010s | 232.62 billion current US$ | 188.16 billion current US$ | 253.43 billion current US$ | 10 |
| 2020s | 317.29 billion current US$ | 220.77 billion current US$ | 406.57 billion current US$ | 5 |
Countries ranked near Turkey
More economy & growth data for Turkey
- DEC alternative conversion factor 39.45 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -21.38 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -542.00 million current US$ (2025)
- Taxes less subsidies on products 7.15 trillion current LCU (2025)
- Taxes less subsidies on products 181.18 billion current US$ (2025)
- Net primary income (Net income from abroad) -917.68 billion current LCU (2025)
- Net primary income (Net income from abroad) -23.26 billion current US$ (2025)
- GNI per capita 723,152 current LCU (2025)
- GNI per capita, Atlas method 16,300 current US$ (2025)
- GNI 62.10 trillion current LCU (2025)
Frequently asked questions
- What is gross savings in Turkey?
- Gross savings in Turkey was 406.57 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Turkey?
- The highest recorded value was 406.57 billion current US$ in 2024.
- What is the lowest gross savings recorded in Turkey?
- The lowest recorded value was 11.39 billion current US$ in 1974.
- How does Turkey rank for gross savings?
- Turkey ranks 14th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Turkey?
- Over the last ten years it is up 60.8%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.