Manufacturing, value added in Turkey
Turkey: Manufacturing, value added was 373.96 billion constant LCU in 2024. ◆ Volatile
Manufacturing, value added in Turkey, 1968–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for manufacturing, value added in Turkey is 373.96 billion constant LCU, measured in 2024.
The figure is down 0.5% on the previous year and up 55.5% over ten years.
Over the whole period, manufacturing, value added in Turkey peaked at 375.92 billion constant LCU in 2023 and was at its lowest, 18.67 billion constant LCU, in 1968.
Turkey ranks 62nd of 191 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 | 19.77 billion constant LCU | 18.67 billion constant LCU | 20.86 billion constant LCU | 2 |
| 1970s | 31.72 billion constant LCU | 21.19 billion constant LCU | 40.34 billion constant LCU | 10 |
| 1980s | 52.05 billion constant LCU | 36.39 billion constant LCU | 66.94 billion constant LCU | 10 |
| 1990s | 90.42 billion constant LCU | 73.42 billion constant LCU | 108.52 billion constant LCU | 10 |
| 2000s | 136.60 billion constant LCU | 101.71 billion constant LCU | 170.31 billion constant LCU | 10 |
| 2010s | 242.86 billion constant LCU | 168.56 billion constant LCU | 291.32 billion constant LCU | 10 |
| 2020s | 351.92 billion constant LCU | 294.31 billion constant LCU | 375.92 billion constant LCU | 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 manufacturing, value added in Turkey?
- Manufacturing, value added in Turkey was 373.96 billion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Turkey?
- The highest recorded value was 375.92 billion constant LCU in 2023.
- What is the lowest manufacturing, value added recorded in Turkey?
- The lowest recorded value was 18.67 billion constant LCU in 1968.
- How does Turkey rank for manufacturing, value added?
- Turkey ranks 62nd out of 191 countries with data for 2024.
- Is manufacturing, value added rising or falling in Turkey?
- Over the last ten years it is up 55.5%. 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 Manufacturing, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 varies by country. This series is expressed in local currency units.