tr Turkiye 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$1.12 trillion

↑ 23.28% vs 2022
GDP per Capita

$13,105.66

↑ 22.78% vs 2022
GDP Growth (Annual %)

5.11%

↓ 0.42pp vs 2022
Inflation Rate (CPI %)

53.86%

↓ 18.45pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $907.12 billion $1.12 trillion +23.28%
GDP per Capita $10,674.50 $13,105.66 +22.78%
GDP Growth (Annual %) 5.53% 5.11% -0.42pp
Inflation (CPI %) 72.31% 53.86% -18.45pp
Unemployment Rate (%) 10.47% 9.39% -1.08pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$1.12 trillion
GDP per Capita
$13,105.66
GDP Growth (Annual %)
5.11%
Gross National Income
$1.11 trillion
Prices & Employment
Inflation (CPI %)
53.86%
Inflation (GDP Deflator %)
68.23%
Unemployment Rate (%)
9.39%
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)
-3.57%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Turkiye's Gross Domestic Product (GDP) is $1.12 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in Turkiye for 2023 is $13,105.66. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Turkiye for 2023 is 53.86%. This measures the annual percentage change in the cost of consumer goods and services.

Turkiye's annual GDP growth rate for 2023 is 5.11%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Turkiye for 2023 is 9.39%. This represents the percentage of the labor force that is unemployed and actively seeking employment.