Manufacturing, value added in Turkey
Turkey: Manufacturing, value added was 7.51 trillion current LCU in 2024. ◆ Volatile
Manufacturing, value added in Turkey, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Turkey recorded 7.51 trillion current LCU for manufacturing, value added in 2024. That is the highest value across all 65 years on record.
That represents a change of up 42.4% on the previous year and up 2,053.8% over ten years.
Over the whole period, manufacturing, value added in Turkey peaked at 7.51 trillion current LCU in 2024 and was at its lowest, 8,700 current LCU, in 1960.
That places Turkey 29th out of 204 countries with data for 2024, putting it in the top quarter.
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 | 16,270 current LCU | 8,700 current LCU | 28,200 current LCU | 10 |
| 1970s | 150,510 current LCU | 31,600 current LCU | 532,300 current LCU | 10 |
| 1980s | 12.74 million current LCU | 893,700 current LCU | 52.56 million current LCU | 10 |
| 1990s | 5.68 billion current LCU | 86.31 million current LCU | 21.49 billion current LCU | 10 |
| 2000s | 104.08 billion current LCU | 32.15 billion current LCU | 164.87 billion current LCU | 10 |
| 2010s | 422.91 billion current LCU | 177.77 billion current LCU | 803.81 billion current LCU | 10 |
| 2020s | 3.75 trillion current LCU | 978.71 billion current LCU | 7.51 trillion current LCU | 5 |
Countries ranked near Turkey
- 26 Bangladesh 12.38 trillion current LCU compare
- 27 Madagascar 10.45 trillion current LCU compare
- 28 Angola 8.78 trillion current LCU compare
- 30 Cote d'Ivoire 7.13 trillion current LCU compare
- 31 Mexico 7.04 trillion current LCU compare
- 32 Costa Rica 7.03 trillion current LCU 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 manufacturing, value added in Turkey?
- Manufacturing, value added in Turkey was 7.51 trillion current 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 7.51 trillion current LCU in 2024.
- What is the lowest manufacturing, value added recorded in Turkey?
- The lowest recorded value was 8,700 current LCU in 1960.
- How does Turkey rank for manufacturing, value added?
- Turkey ranks 29th out of 204 countries with data for 2024.
- Is manufacturing, value added rising or falling in Turkey?
- Over the last ten years it is up 2,053.8%. 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 Manufacturing, value added (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.