Industry (including construction), value added in Turkey
Turkey: Industry (including construction), value added was 2.1% in 2024. ◆ Volatile
Industry (including construction), value added in Turkey, 1969–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, industry (including construction), value added in Turkey stood at 2.1%.
Compared with earlier readings it is down 34.6% on the previous year and down 59.0% over ten years.
Over the whole period, industry (including construction), value added in Turkey peaked at 19.3% in 2011 and was at its lowest, -10.9%, in 2009.
Turkey ranks 109th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.3% | 9.3% | 9.3% | 1 |
| 1970s | 5.5% | -3.4% | 11.1% | 10 |
| 1980s | 6.1% | -1.0% | 11.1% | 10 |
| 1990s | 4.0% | -5.0% | 9.2% | 10 |
| 2000s | 4.7% | -10.9% | 14.1% | 10 |
| 2010s | 6.8% | -2.4% | 19.3% | 10 |
| 2020s | 4.1% | -0.3% | 14.6% | 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 industry (including construction), value added in Turkey?
- Industry (including construction), value added in Turkey was 2.1% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Turkey?
- The highest recorded value was 19.3% in 2011.
- What is the lowest industry (including construction), value added recorded in Turkey?
- The lowest recorded value was -10.9% in 2009.
- How does Turkey rank for industry (including construction), value added?
- Turkey ranks 109th out of 198 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Turkey?
- Over the last ten years it is down 59.0%. 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 Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.