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TR

Turkey

TR · TUR · #36 · 42 cities

Nomad score 60/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$55,858
GDP (2031)
$2.0T
GDP growth (2031)
4.0% →
Inflation (2031)
15.0% →
Unemployment (2031)
9.1% →
Population (2031)
88.3M
Population growth (2031)
0.6% ↑
Gini index (2023)
43.7
Government debt (2031)
27.5% of GDP
Current account (2031)
-1.2% of GDP
FDI inflows (2024)
$11.7B
Life expectancy (2024)
77.4 yrs
Health spending (2023)
4.3% of GDP
Internet users (2025)
89.8%
Mobile subscriptions (2024)
107.8/100
Trade openness (2025)
49.9% of GDP
Exchange rate (2025)
39.45/USD
Foreign reserves (2025)
$185.6B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
27.5% of GDP
Current account (2031)
-1.2% of GDP
FDI inflows (2024)
$11.7B

Income inequality (Gini)

Gini index (2023)
0.44
Assessment
High inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
1.98/1k
Tax revenue (2024)
17.6% of GDP
Services sector (2025)
59.4% of GDP

Financial access and costs

ATMs per 100k (2024)
81.1
Bank branches per 100k (2024)
13.7
ICT service exports (2024)
4.6%
Goods and services tax (2024)
13.4%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $2.0T $55,858 4.0% 15.0% 9.1% 88.3M - 27.5% -1.2% - - - - -
2030 * $1.9T $64,055 4.0% 15.0% 9.1% 87.8M - 28.0% -1.4% - - - - -
2029 * $1.8T $61,195 4.0% 15.0% 9.1% 87.4M - 27.4% -1.8% - - - - -
2028 * $1.7T $57,978 3.8% 17.0% 9.1% 87.0M - 27.3% -2.2% - - - - -
2027 * $1.6T $54,286 3.5% 21.4% 8.7% 86.7M - 26.9% -2.5% - - - - -
2026 * $1.6T $52,391 3.4% 28.6% 8.3% 86.2M - 25.5% -2.8% - - - - -
2025 $1.6T $45,288 3.6% 34.9% 8.3% 85.8M - 23.5% -1.9% - - - 89.8% 39.45
2024 $1.4T $45,123 3.3% 58.5% 8.7% 85.5M - 23.6% -1.0% $11.7B 77.4 - 87.3% 32.81
2023 $1.2T $43,196 5.0% 53.9% 9.4% 85.3M 43.7 28.2% -3.6% $10.7B 77.2 4.3% 86.0% 23.74
2022 $924.8B $39,919 5.4% 72.3% 10.4% 85.0M 44.5 29.4% -5.0% $13.8B 77.6 3.7% 83.4% 16.55
2021 $827.7B $32,106 11.8% 19.6% 12.0% 84.1M 44.4 38.9% -0.9% $12.7B 75.7 4.6% 81.4% 8.85
2020 $730.3B $29,209 1.8% 12.3% 13.1% 83.4M 43.0 38.3% -4.2% $7.5B 76.5 4.6% 77.7% 7.01
2019 $775.2B $29,016 1.3% 15.2% 13.7% 82.6M 43.8 31.2% 1.9% $9.5B 77.7 4.4% 74.0% 5.67
2018 $807.3B $28,640 3.5% 16.3% 10.9% 81.4M 42.4 28.8% -1.8% $12.5B 77.5 4.1% 71.0% 4.83
2017 $863.9B $28,354 7.8% 11.2% 10.9% 80.3M 43.5 26.9% -4.1% $11.2B 77.0 4.2% 64.7% 3.65
2016 $870.3B $26,731 3.3% 7.8% 10.9% 79.3M 41.9 27.0% -2.5% $13.8B 76.6 4.3% 58.4% 3.02
2015 $868.2B $25,897 5.8% 7.7% 10.3% 78.2M 42.9 26.5% -2.5% $19.3B 76.5 4.1% 53.7% 2.72
2014 $943.3B $24,193 4.6% 8.9% 9.9% 77.2M 41.2 27.4% -3.4% $13.3B 76.5 4.3% 51.0% 2.19
2013 $962.5B $22,475 8.5% 7.5% 8.9% 76.1M 40.2 29.5% -5.1% $13.6B 76.2 4.4% 46.3% 1.90
2012 $882.4B $20,739 4.8% 8.9% 8.3% 75.2M 40.2 30.8% -4.7% $13.7B 75.6 4.4% 45.1% 1.80
2011 $843.3B $19,717 11.0% 6.5% 9.0% 74.2M 40.0 34.8% -8.8% $16.2B 74.8 4.7% 43.1% 1.68
2010 $783.0B $17,468 8.5% 8.6% 11.0% 73.1M 38.8 38.6% -5.7% $9.1B 75.0 5.0% 39.8% 1.50
2009 $656.1B $15,552 -4.9% 6.2% 12.9% 72.0M 39.0 42.4% -1.7% $8.6B 74.7 5.5% 36.4% 1.55
2008 $787.9B $16,142 0.9% 10.4% 9.8% 71.1M 39.0 37.0% -5.0% $19.9B 74.4 5.2% 34.4% 1.30
2007 $686.9B $14,952 5.1% 8.8% 8.9% 70.2M 38.4 37.1% -5.4% $22.0B 74.1 5.2% 28.6% 1.30
2006 $554.9B $13,558 7.1% 9.6% 8.7% 69.3M 39.6 44.2% -5.6% $20.2B 73.8 5.2% 18.2% 1.43
2005 $506.8B $11,803 9.1% 8.1% 9.2% 68.4M 42.6 50.2% -4.1% $10.0B 73.5 4.9% 15.5% 1.34
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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