Turkiye GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$15,892.72

Source: world bank Nominal/PPP
Summary:

Turkiye GDP Per Capita expanded from 1960 to 2024, increasing from $267.09 to $15,892.72 .The compound annual growth rate (CAGR) averaged 6.59% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 39.95%, indicating the largest cyclical decline from peak levels. The country experienced 9 recession episode(s) during the observed period.

Latest GDP Per Capita of Turkiye 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 15,892.72 dollars$ 45,639.02 Int dollars
Growth (YoY)18.823%6.668%
Net Change vs Previous Year$ 2,517.62 dollars$ 2,852.82 Int dollars
% of World GDP Per Capita14.32%22.86%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Turkiye GDP | Turkiye GDP Growth

Turkiye Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960267.09-----
1961274.357.262.718 %---
1962298.2423.898.708 %---
1963337.0238.7813.003 %---
1964354.3717.355.147 %---
1965369.9715.64.403 %---
1966424.9855.0214.871 %---
1967459.4534.468.11 %---
1968501.1241.679.07 %---
1969543.9542.838.546 %---
1970487.57-56.38-10.365 %---
1971430.9-56.67-11.623 %---
1972537.34106.4424.702 %---
1973661.08123.7423.029 %---
1974880.73219.6533.225 %---
19751121.54240.8227.343 %---
19761227.92106.389.485 %---
19771371.96144.0411.73 %---
19781510.19138.2210.075 %---
19792013.37503.1933.32 %---
19801515.65-497.73-24.721 %---
19811536.6721.021.387 %---
19821360.24-176.43-11.481 %---
19831275.68-84.55-6.216 %---
19841209.05-66.63-5.223 %---
19851326.43117.389.708 %---
19861461.5135.0710.183 %---
19871649.96188.4712.895 %---
19881685.6935.732.166 %---
19891948.59262.915.596 %---
19902689.53740.9338.024 %8207.99--
19912649.27-40.25-1.497 %8417.92209.932.558 %
19922743.6594.383.563 %8968.67550.756.543 %
19933057.94314.2811.455 %9751.25782.588.726 %
19942176.28-881.66-28.832 %9252.98-498.28-5.11 %
19953845.991669.7176.723 %9962.11709.137.664 %
19964041.36195.375.08 %10624.48662.376.649 %
19974197.38156.013.86 %11513.73889.258.37 %
19984331.03133.653.184 %8762.75-2750.98-23.893 %
19993973.78-357.25-8.249 %8470.47-292.28-3.335 %
20004199.38225.65.677 %9325.81855.3410.098 %
20013052.23-1147.15-27.317 %9014.06-311.75-3.343 %
20023591.09538.8617.655 %9154.45140.391.557 %
20034649.641058.5529.477 %9474.03319.583.491 %
20045979.611329.9728.604 %10759.341285.3113.567 %
20057331.851352.2522.614 %11803.361044.029.703 %
20067990.08658.238.978 %13555.341751.9814.843 %
20079766.921776.8322.238 %14951.141395.8110.297 %
200810913.411146.4911.739 %16141.691190.557.963 %
20099076.92-1836.48-16.828 %15559.74-581.95-3.605 %
201010698.971622.0517.87 %17466.261906.5212.253 %
201111373.64674.676.306 %19717.242250.9812.888 %
201211776.76403.123.544 %20739.271022.035.183 %
201312635.56858.87.292 %22475.291736.028.371 %
201412209.39-426.17-3.373 %24192.541717.257.641 %
201511064.65-1144.74-9.376 %25890.051697.527.017 %
201610984.36-80.29-0.726 %26730.76840.713.247 %
201710756.39-227.98-2.075 %28353.541622.786.071 %
20189684.12-1072.27-9.969 %28640.34286.81.012 %
20199395.23-288.88-2.983 %29016.46376.121.313 %
20208798.12-597.12-6.356 %29209.33192.880.665 %
20219981.761183.6513.453 %32105.552896.229.915 %
202210897.84916.089.177 %39564.117458.5623.231 %
202313375.092477.2522.732 %42786.23222.098.144 %
202415892.722517.6218.823 %45639.022852.826.668 %

Turkiye Economic Phases (1960 - 2024)

From 1960 to 2024, Turkiye economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1962–1964) indicating robust economic expansion
  • High Growth (1966–1969) indicating robust economic expansion
  • Crisis (1970–1971) indicating severe economic downturn
  • High Growth (1972–1979) indicating robust economic expansion
  • Contraction (1983–1984) indicating temporary slowdown
  • High Growth (1985–1987) indicating robust economic expansion
  • High Growth (1989–1990) indicating robust economic expansion
  • High Growth (1995–1996) indicating robust economic expansion
  • Expansion (1997–1998) indicating steady moderate growth
  • High Growth (2002–2008) indicating robust economic expansion
  • High Growth (2010–2011) indicating robust economic expansion
  • Contraction (2014–2020) indicating temporary slowdown
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 1995 with an increase of 76.723%, while the largest decline was in 1994 at -28.832%.