International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. Despite dynamic job creation and a labour force growing at above 3% per year, the employment rate of the working age population remains the lowest in the OECD. % of GDP 2018 Turkey (red), OECD - Average (black) Tax wedge Indicator: 39.1 Total % of labour cost 2019 Turkey % of labour cost: Total % of labour cost 2000-2019 Turkey (red), OECD - Average (black) Total % of labour cost 2019 Turkey (red), OECD - Average (black) Find all indicators on Government. Turkey is a founding member of the OECD (1961) and the G-20 major economies (1999). Since 1995, Turkey is a party to the European Union–Turkey Customs Union. Despite a series of adverse shocks including severe geo-political tensions at the southeastern border and an averted coup attempt in 2016, GDP growth averaged nearly 7% over 2010-17. Download historical data for 20 million indicators using your browser. Health Latest Trend Despite dynamic job creation and a labour force growing at above 3% per year, the employment rate of the working age population remains the lowest in the OECD. Find Out, Online tool for visualization and analysis.
World Bank national accounts data, and OECD National Accounts data files. World Bank national accounts data, and OECD National Accounts data files. The GDP value of Turkey represents 0.63 percent of the world economy. GDP per capita (current US$) - Turkey from The World Bank: Data Publish your articles and forecasts in our website.
World … Turkey GDP (Gross Domestic Product) was INT$1,787.45billion for 2019 in PPP terms. Labour productivity now exceeds that of several other catching-up OECD economies, notwithstanding the prevalence of low-productivity informal activity, especially in agriculture. The World Bank classifies Turkey as an upper-middle income country in terms of the country's per capit…
13 July 2018 - Economic Survey of Turkey Turkish GDP per capita has continued to catch up with the more advanced OECD economies. This site uses cookies to optimize functionality and give you the best possible experience. To learn more about cookies, click here. The gross domestic product (GDP) measures of national income and output for a given country's economy. This reflects the strong performance of a dynamic, albeit fragmented, business sector. The Gross Domestic Product (GDP) in Turkey was worth 754.41 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. © If you continue to navigate this website beyond this page, cookies will be placed on your browser. It was the sharpest contraction on record, as the coronavirus pandemic hit the economy. Despite a series of adverse shocks including severe geo-political tensions at the southeastern border and an averted coup attempt in 2016, GDP growth averaged nearly 7% over 2010-17. . Turkish GDP per capita has continued to catch up with the more advanced OECD economies. Turkish Gross FX Reserves at 15-Year Lows, Turkish Factory Activity Expands at Softer Pace in September, Turkey Economic Confidence Rises for 5th Month, Turkey Tourist Arrivals Continue to Decline, Turkish Industry Morale Eases from 6-Month High, Turkish Consumer Morale Improves in September, Turkish Industrial Output Growth Beats Forecast, Japan Jobless Rate Rises to Over 3-Year High. The Trading Economics Application Programming Interface (API) provides direct access to our data. GDP Growth Rate in 2017 was 7.44%, representing a change of 83,528,691,580 US$ over … Turkey's economy shrank 11 percent quarter-on-quarter in the three months to June 2020, following a downwardly revised 0.1 percent drop in the previous period. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. 10Y 25Y This reflects the strong performance of a dynamic, albeit fragmented, business sector. Despite a series of adverse shocks including severe geo-political tensions at the southeastern border and an averted coup attempt in 2016, GDP growth averaged nearly 7% over 2010-17. Direct access to our calendar releases and historical data. Turkey is often classified as a newly industrialized country by economists and political scientists; while Merrill Lynch, the World Bank, and The Economist describe Turkey as an emerging marketeconomy. Labour productivity now exceeds that of several other catching-up OECD economies, notwithstanding the prevalence of low-productivity informal activity, especially in agriculture. GDP (current US$) - Turkey. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus).
1960-2019 Data | 2020-2022 Forecast | Historical | Chart | News. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. $128,933 million, Turkey is number 19 in the ranking of quarterly GDP of the 50 countries that … Organisation for Economic Co-operation and Development (OECD), Access Economic Policy Reforms: Going for Growth, Turkish GDP per capita has continued to catch up with the more advanced OECD economies. The CIA classifies Turkey as a developed country. Organisation for Economic, Growth remains buoyant in Turkey but fundamentals need to be strengthened, Improving the quality of business investment in Turkey.
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