Turkey GDP Growth Rate (2026)
Turkey has a large and diversified economy supported by manufacturing, services, construction, tourism, exports, and domestic consumption. This page examines its GDP growth trend, historical performance, regional comparison, and outlook.
GDP Growth Rate 2026
+3.4%
Annual real GDP growth
World Rank
#79
Out of 195 countries
Change vs 2025
-0.2 pp
2025: +3.6%
Asia Rank
#26
Out of 49 countries
1. Turkey GDP Growth Rate in 2026
Turkey’s economic growth is influenced by household demand, industrial production, exports, tourism, construction, and investment. Inflation, monetary policy, currency conditions, and external financing play particularly important roles.
2. Turkey GDP Growth Rate Trends (1980–2026)
Turkey’s growth history has included periods of rapid expansion alongside episodes of financial volatility and economic adjustment. Domestic demand, credit conditions, exports, construction, and policy changes have strongly influenced performance.
3. Turkey GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +3.4% | -0.2 pp |
| 2025 | +3.6% | +0.3 pp |
| 2024 | +3.3% | -1.7 pp |
| 2023 | +5.0% | -0.4 pp |
| 2022 | +5.4% | -6.4 pp |
| 2021 | +11.8% | +10.0 pp |
| 2020 | +1.8% | +0.5 pp |
| 2019 | +1.3% | -2.2 pp |
| 2018 | +3.5% | -4.3 pp |
| 2017 | +7.8% | +4.5 pp |
| 2016 | +3.3% | -2.5 pp |
| 2015 | +5.8% | +1.2 pp |
| 2014 | +4.6% | -3.9 pp |
| 2013 | +8.5% | +3.7 pp |
| 2012 | +4.8% | -6.2 pp |
| 2011 | +11.0% | +2.5 pp |
| 2010 | +8.5% | +13.4 pp |
| 2009 | -4.9% | -5.8 pp |
| 2008 | +0.9% | -4.2 pp |
| 2007 | +5.1% | -2.0 pp |
| 2006 | +7.1% | -2.0 pp |
| 2005 | +9.1% | -0.8 pp |
| 2004 | +9.9% | +4.1 pp |
| 2003 | +5.8% | -0.6 pp |
| 2002 | +6.4% | +11.9 pp |
| 2001 | -5.5% | -12.5 pp |
| 2000 | +7.0% | +10.1 pp |
| 1999 | -3.1% | -6.2 pp |
| 1998 | +3.1% | -4.4 pp |
| 1997 | +7.5% | +0.5 pp |
| 1996 | +7.0% | -0.2 pp |
| 1995 | +7.2% | +12.7 pp |
| 1994 | -5.5% | -13.5 pp |
| 1993 | +8.0% | +2.0 pp |
| 1992 | +6.0% | +5.1 pp |
| 1991 | +0.9% | -8.4 pp |
| 1990 | +9.3% | +9.0 pp |
| 1989 | +0.3% | -1.8 pp |
| 1988 | +2.1% | -7.9 pp |
| 1987 | +10.0% | +3.1 pp |
| 1986 | +6.9% | +2.6 pp |
| 1985 | +4.3% | -2.5 pp |
| 1984 | +6.8% | +2.0 pp |
| 1983 | +4.8% | +1.4 pp |
| 1982 | +3.4% | -1.0 pp |
| 1981 | +4.4% | +5.2 pp |
| 1980 | -0.8% | — |
4. Turkey GDP Growth Performance
Current Growth Rate
+3.4%
(2026 to 2026)
5-Year Average
+4.1%
(2022 to 2026)
10-Year Average
+4.7%
(2017 to 2026)
20-Year Average
+4.7%
(2007 to 2026)
Turkey maintains significant economic activity through manufacturing, tourism, exports, and its large domestic market. Persistent inflation and tighter financial conditions, however, can constrain household demand and business investment.
5. Turkey GDP Growth Rate vs Asia and World
Turkey
+3.4%
Asia Average
+2.4%
World Average
+2.8%
0.0%
1.7%
3.4%
Annual real GDP growth (%)
Turkey’s GDP growth rate is approximately
1.0 pp
above the
Asia average
and
0.6 pp
above the world average.
6. Turkey GDP Growth Rate Ranking in Asia
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #22 | Pakistan | +3.7% |
| #23 | Israel | +3.5% |
| #24 | Singapore | +3.5% |
| #25 | Oman | +3.5% |
| #26 | Turkey | +3.4% |
| #27 | United Arab Emirates | +3.1% |
| #28 | Saudi Arabia | +3.1% |
| #29 | North Korea | +3.1% |
| #30 | Maldives | +3.0% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Turkey
Turkey GDP (Nominal)
$1.64 Trillion
(2026)
Turkey GDP Growth Rate
+3.4%
(2026)
Turkey often grows faster than mature European economies but with greater economic volatility. Its location between Europe and Asia, manufacturing capacity, and large domestic market support growth while financial instability can affect relative performance.
Explore more:
Turkey GDP
9. Turkey GDP Growth Rate Forecast
Turkey’s outlook depends on inflation stabilization, monetary policy, exports, tourism, investment, and consumer demand. Currency volatility, financing needs, geopolitical uncertainty, and persistent price pressures remain major risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +3.5% | +0.1 pp |
| 2028 | +3.8% | +0.3 pp |
| 2029 | +4.0% | +0.2 pp |
| 2030 | +4.0% | 0.0 pp |
10. Turkey GDP Growth Rate: Key Findings
Turkey GDP growth rate is estimated at +3.4% in 2026.
It ranks #79 globally and #26 in Asia by annual GDP growth rate.
The growth rate slowed by 0.2 percentage points compared with 2025.
The 5-year average GDP growth rate is +4.1%.
The 10-year average GDP growth rate is +4.7%.
The current rate is 1.0 percentage points above the Asia average.
The current rate is 0.6 percentage points above the world average.
The forecast GDP growth rate is +4.0% in 2030, 0.6 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Turkey GDP Growth Rate FAQs
Turkey GDP growth rate is estimated at +3.4% in 2026.
Turkey ranks #79 globally and #26 in Asia by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +3.4% in 2026.
Turkey GDP growth rate was +5.8% in 2015.
Turkey GDP growth rate is 1.0 percentage points above the Asia average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.