Turkiye 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$720.34 billion
↓ 5.34% vs 2019GDP per Capita
$8,638.74
↓ 6.26% vs 2019GDP Growth (Annual %)
1.86%
↑ 1.04pp vs 2019Inflation Rate (CPI %)
12.28%
↓ 2.90pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $761.01 billion | $720.34 billion | -5.34% |
| GDP per Capita | $9,215.44 | $8,638.74 | -6.26% |
| GDP Growth (Annual %) | 0.82% | 1.86% | +1.04pp |
| Inflation (CPI %) | 15.18% | 12.28% | -2.90pp |
| Unemployment Rate (%) | 13.73% | 13.15% | -0.58pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $720.34 billion
- GDP per Capita
- $8,638.74
- GDP Growth (Annual %)
- 1.86%
- Gross National Income
- $711.74 billion
Prices & Employment
- Inflation (CPI %)
- 12.28%
- Inflation (GDP Deflator %)
- 14.79%
- Unemployment Rate (%)
- 13.15%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -4.30%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Turkiye's Gross Domestic Product (GDP) is $720.34 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Turkiye for 2020 is $8,638.74. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Turkiye for 2020 is 12.28%. This measures the annual percentage change in the cost of consumer goods and services.
Turkiye's annual GDP growth rate for 2020 is 1.86%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Turkiye for 2020 is 13.15%. This represents the percentage of the labor force that is unemployed and actively seeking employment.