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Middle East economic data
For more, go to our GCC economic data and Mena economic data pages
Turkey economic indicators at a glance
Turkey nominal GDP
Turkey GDP per capita
Turkey GDP growth
Turkey’s GDP has been growing since 2020 and is predicted to continue increasing. The GDP growth rate slowed in 2021 but should increase in 2025 onwards.
Turkey inflation
Turkey debt & current account balance
Government gross debt as a percentage of Turkey’s GDP has been decreasing and will generally steady over the next few years.
Turkey trade
Turkey’s top 10 trade partners
Turkey’s top trade partners include Germany, the US, Iraq, Russia and China.
Turkey foreign direct investment
Inward foreign direct investment into Turkey has been volatile, while outward FDI has generally increased since 2019.
Turkey credit ratings
The country’s credit ratings from Fitch and S&P Global is stable and its Moody’s rating is positive.
Turkey governance
Turkey’s Corruption Perceptions Index score is 34, below the global average of 43 and the Mena average of 39. The higher the score, the lower the corruption in a country.
Turkey population
Turkey life expectancy
Turkey’s population rate has fluctuated since 2020. Life expectancy in Turkey plummeted in 2020, reaching its lowest point in 2021 before rising again.
Turkey employment
Turkey’s unemployment rate has been falling since 2019 and is now at its lowest in 10 years.
Education in Turkey
Turkey’s Pisa scores are varied. It scores relatively well for science but its scores for reading and maths are significantly below the OECD average. However the scores for all three subjects have markedly improved since 2015.
The charts and tables on this page are for general information purposes only. AGBI aims to keep the information up-to-date and correct, but makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability of the information. Any reliance you place on such information is therefore strictly at your own risk.
All IMF, World Bank and United Nations data on this page is publicly available. The latest IMF World Economic Outlook was published on April 25, 2025. The IMF states: “Estimates and projections are based on statistical information available through April 14, 2025, but may not reflect the latest published data in all cases.” In addition, medium-term projections for Turkey have been revised “based on developments in commodity markets and international trade as of April 4”.
