tr Turkiye 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$1.19 trillion

↑ 6.47% vs 2023
GDP per Capita

$13,953.58

↑ 6.47% vs 2023
GDP Growth (Annual %)

6.47%

↑ 1.36pp vs 2023
Inflation Rate (CPI %)

58.51%

↑ 4.65pp vs 2023

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $1.12 trillion $1.19 trillion +6.47%
GDP per Capita $13,105.66 $13,953.58 +6.47%
GDP Growth (Annual %) 5.11% 6.47% +1.36pp
Inflation (CPI %) 53.86% 58.51% +4.65pp
Unemployment Rate (%) 9.39% 8.45% -0.94pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$1.19 trillion
GDP per Capita
$13,953.58
GDP Growth (Annual %)
6.47%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
58.51%
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
8.45%
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)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, Turkiye's Gross Domestic Product (GDP) is $1.19 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in Turkiye for 2024 is $13,953.58. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Turkiye for 2024 is 58.51%. This measures the annual percentage change in the cost of consumer goods and services.

Turkiye's annual GDP growth rate for 2024 is 6.47%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Turkiye for 2024 is 8.45%. This represents the percentage of the labor force that is unemployed and actively seeking employment.