Turkey GDP Growth (1961-2023)
Turkey's growth has been dynamic, with double-digit growth in the 1960s and early 2000s, peaking at in 2011. Economic volatility marked the late 1990s, with contractions due to financial crises, such as - in 2001. The 2008 financial crisis impacted growth, but recovery was quick. COVID-19 caused only a mild decline of - in 2020. Strong growth in 2021 was followed by slower growth of in 2023, amid inflation and global uncertainties.
For additional information, visit statistics on Turkey’s annual GDP, Turkey’s services sector share in GDP, Turkey’s population growth.
