Browse a full set of economic indicators


Includes historical data for Türkiye’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

A Diversified Economy That Benefits From Excellent Infrastructure

Strategically placed at the crossroads between Europe, Central Asia and the Middle East, Türkiye also boasts a large domestic market, favorable demographics and a skilled workforce. Its economy is underpinned by highly diversified industrial, manufacturing and service sectors, while agriculture still accounts for about 25% of the labor force employment. Despite its political stability and openness to foreign investment, challenges such as a lack of transparency, dependence on imported energy, and high inflation and external debt have constrained Türkiye’s economic growth potential.

Macroeconomy & Sovereign Data

Type of Government Presidential representative democracy
Capital Istanbul
Sovereign Ratings S&P: B
Moody’s: B3
Fitch: B+
Total Population 87.4 million
Median Age 32.2
Adult Per Capita Income (PPP) 46,407.35
Total GDP (2023) 1.1 trillion

Türkiye GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 320.4 billion (2023)
Leading Exports Cars And Vehicle Parts
Refined Petroleum
Delivery Trucks
Clothing And Apparel
Total Imports USD 260.3 billion (2022)
Leading Imports Gold
Refined Petroleum
Crude Petroleum
Vehicle Parts
Scrap Iron
Source: World Integrated Trade Solution

Türkiye Leading Companies

Koç Holding Conglomerate, Industrials, Energy, Financials
Turkish Airlines Airlines
Isbank Financials
Akbank Financials
VakifBank Financials
Türkiye Petrol Rafinerileri Integrated Oil & Gas
Turkcell Telecommunication Services

Major Trade Partners — Import

China 12%
Russia 11%
Unspecified 9%
Germany 8%
United States 5%

Source: World Integrated Trade Solution

Major Trade Partners — Export

Germany 9%
United States 7%
United Kingdom 6%
Italy 5%
Iraq 5%

Source: World Integrated Trade Solution

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000