Gross value added at basic prices (GVA) in Turkey

Turkey: Gross value added at basic prices (GVA) was 55.87 trillion current LCU in 2025. ◆ Volatile

Latest (2025)
55.87 trillion current LCU
Change on year
up 41.0%
World rank
31st
of 206 countries
All-time high
55.87 trillion current LCU
in 2025
All-time low
66,800 current LCU
in 1960
Years of data
66
1960–2025

Gross value added at basic prices (GVA) in Turkey, 1960–2025

020.0T40.0T60.0T196019922025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

In 2025, gross value added at basic prices (gva) in Turkey stood at 55.87 trillion current LCU. That is the highest value across all 66 years on record.

That represents a change of up 41.0% on the previous year and up 2,590.8% over ten years.

Over the whole period, gross value added at basic prices (gva) in Turkey peaked at 55.87 trillion current LCU in 2025 and was at its lowest, 66,800 current LCU, in 1960.

Turkey ranks 31st of 206 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 109,370 current LCU 66,800 current LCU 170,600 current LCU 10
1970s 824,120 current LCU 191,200 current LCU 2.71 million current LCU 10
1980s 55.96 million current LCU 5.16 million current LCU 220.47 million current LCU 10
1990s 23.69 billion current LCU 379.66 million current LCU 98.11 billion current LCU 10
2000s 551.96 billion current LCU 153.92 billion current LCU 905.54 billion current LCU 10
2010s 2.17 trillion current LCU 1.04 trillion current LCU 3.97 trillion current LCU 10
2020s 24.10 trillion current LCU 4.59 trillion current LCU 55.87 trillion current LCU 6

Countries ranked near Turkey

  1. 28 Madagascar 82.15 trillion current LCU compare
  2. 29 Mongolia 81.42 trillion current LCU compare
  3. 30 Hungary 74.59 trillion current LCU compare
  4. 32 Bangladesh 53.82 trillion current LCU compare
  5. 33 Cote d'Ivoire 53.34 trillion current LCU compare
  6. 34 Costa Rica 47.91 trillion current LCU compare

See the full ranking of 206 places →

More economy & growth data for Turkey

All data for Turkey →

Frequently asked questions

What is gross value added at basic prices (gva) in Turkey?
Gross value added at basic prices (gva) in Turkey was 55.87 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross value added at basic prices (gva) recorded in Turkey?
The highest recorded value was 55.87 trillion current LCU in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Turkey?
The lowest recorded value was 66,800 current LCU in 1960.
How does Turkey rank for gross value added at basic prices (gva)?
Turkey ranks 31st out of 206 countries with data for 2025.
Is gross value added at basic prices (gva) rising or falling in Turkey?
Over the last ten years it is up 2,590.8%. 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 Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 9,147 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.