Key data points
Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
11.40% on Dec 31, 2021
Lowest
−4.80% on Dec 31, 2009
About Turkey GDP growth
On the expenditure side, household consumption is the main component of Turkish GDP and accounts for 70 percent, followed by gross fixed capital formation (22 percent) and government expenditure (15 percent). Exports of goods and services account for 27 percent of GDP while imports account for 32 percent, subtracting 5 percent from total GDP.