Industry (including construction), value added in Turkey
Turkey: Industry (including construction), value added was 330.83 billion constant 2015 US$ in 2024. ◆ Volatile
Industry (including construction), value added in Turkey, 1968–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2024, industry (including construction), value added in Turkey stood at 330.83 billion constant 2015 US$. That is the highest value across all 57 years on record.
That represents a change of up 2.1% on the previous year and up 43.0% over ten years.
Over the whole period, industry (including construction), value added in Turkey peaked at 330.83 billion constant 2015 US$ in 2024 and was at its lowest, 19.21 billion constant 2015 US$, in 1968.
That places Turkey 16th out of 195 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.10 billion constant 2015 US$ | 19.21 billion constant 2015 US$ | 20.99 billion constant 2015 US$ | 2 |
| 1970s | 30.63 billion constant 2015 US$ | 21.77 billion constant 2015 US$ | 37.26 billion constant 2015 US$ | 10 |
| 1980s | 49.24 billion constant 2015 US$ | 35.34 billion constant 2015 US$ | 64.28 billion constant 2015 US$ | 10 |
| 1990s | 83.06 billion constant 2015 US$ | 68.51 billion constant 2015 US$ | 98.12 billion constant 2015 US$ | 10 |
| 2000s | 126.01 billion constant 2015 US$ | 90.27 billion constant 2015 US$ | 161.31 billion constant 2015 US$ | 10 |
| 2010s | 232.23 billion constant 2015 US$ | 158.98 billion constant 2015 US$ | 278.72 billion constant 2015 US$ | 10 |
| 2020s | 311.93 billion constant 2015 US$ | 275.13 billion constant 2015 US$ | 330.83 billion constant 2015 US$ | 5 |
Countries ranked near Turkey
- 13 Australia 367.23 billion constant 2015 US$ compare
- 14 Brazil 364.64 billion constant 2015 US$ compare
- 15 Saudi Arabia 335.20 billion constant 2015 US$ compare
- 17 Spain 270.61 billion constant 2015 US$ compare
- 18 Ireland 240.49 billion constant 2015 US$ compare
- 19 Switzerland 232.65 billion constant 2015 US$ compare
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 330.83 billion constant 2015 US$ 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 330.83 billion constant 2015 US$ in 2024.
- What is the lowest industry (including construction), value added recorded in Turkey?
- The lowest recorded value was 19.21 billion constant 2015 US$ in 1968.
- How does Turkey rank for industry (including construction), value added?
- Turkey ranks 16th out of 195 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Turkey?
- Over the last ten years it is up 43.0%. 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.