Economic Outlook No 115 - May 2024 : Turkey

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Finance
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Globalisation
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Health
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International Trade and Balance of Payments
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Labour
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  - Strictness of employment protection – individual and collective dismissals (regular contracts)
    - Strictness of employment protection – individual and collective dismissals (regular contracts)
    - Table U1. Strictness of employment protection – individual and collective dismissals (regular contracts)
  - Strictness of employment protection – individual dismissals (regular contracts)
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    - Strictness of employment protection – temporary contracts
    - Table U2. Strictness of employment protection – temporary contracts
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National Accounts
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Productivity
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Prices and Purchasing Power Parities
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Public Sector, Taxation and Market Regulation
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Regions and Cities
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Science, Technology and Patents
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Social Protection and Well-being
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    - Gender, Institutions and Development Database (GID-DB) 2019
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Transport
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- India Mobility Model
- Urban access framework
  - Urban access framework

Economic Outlook No 115 - May 2024 : Turkey

This dataset has been migrated to our new data dissemination platform OECD Data Explorer. You can now access it from here

Country
Frequency			Annual
Time			2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025


Variable		Unit
External sectors, trade and payments	Current account balance as a percentage of GDP	Percentage	-5.433	-5.832	-4.152	-3.144	-3.107	-4.760	-2.246	1.418	-4.528	-0.912	-5.431	-3.654	-2.720	-1.957
	Exchange rate, national currency per USD	Turkish Lira	1.792	1.905	2.189	2.723	3.022	3.649	4.840	5.676	7.017	8.861	16.563	23.785	31.698	31.950
	Exchange rate, USD per national currency	US Dollar	0.558	0.526	0.457	0.369	0.332	0.274	0.212	0.176	0.144	0.115	0.061	0.043	0.032	0.031
	Exports of goods and services, volume in USD (national accounts basis)	US Dollar, 2015	182 906 642 530.633	191 928 793 531.222	205 513 377 451.964	212 169 541 561.376	208 473 784 124.003	234 343 903 547.181	255 647 186 144.909	269 141 575 189.634	229 782 977 002.960	287 358 145 912.560	315 898 764 004.001	307 276 785 354.145	314 496 181 668.186	326 273 849 730.904
	Goods and services trade, volume in USD	US Dollar, 2015	194 028 086 769.147	209 741 089 610.574	216 873 932 157.811	220 957 927 777.045	222 551 569 377.473	248 069 485 199.238	250 641 700 044.725	251 233 286 489.622	239 457 086 343.160	270 303 263 699.344	295 422 595 047.125	307 223 115 809.955	312 522 948 700.966	320 616 899 779.308
	Imports of goods and services, volume in USD (national accounts basis)	US Dollar, 2015	205 149 531 007.662	227 553 385 689.927	228 234 486 863.658	229 746 313 992.714	236 629 354 630.943	261 795 066 851.295	245 636 213 944.542	233 324 997 789.610	249 131 195 683.360	253 248 381 486.128	274 946 426 090.250	307 169 446 265.764	310 549 715 733.747	314 959 949 827.711
Expenditure and GDP	Change in inventories, contributions to changes in real GDP	Percentage, 2009	-0.021	0.005	-0.004	-0.008	0.003	0.008	-0.026	-0.003	0.038	-0.063	-0.054	0.000	-0.010	0.000
	Exports of goods and services, volume (national accounts basis)	Turkish Lira, 2009	309 318 488 858.906	324 576 098 288.217	347 549 364 387.271	358 805 787 857.925	352 555 790 100.048	396 305 465 540.276	432 332 036 744.543	455 152 771 790.782	388 592 356 344.589	485 959 319 055.805	534 225 148 754.501	519 644 281 870.453	531 853 202 921.305	551 770 743 569.571
	Government final consumption expenditure, volume	Turkish Lira, 2009	172 792 209 641.001	186 751 979 627.672	192 760 857 993.723	200 106 528 446.736	218 573 309 381.325	230 310 493 237.629	243 515 893 443.888	252 750 968 895.207	258 198 497 605.814	266 516 289 499.669	278 004 887 738.654	292 565 812 437.240	298 107 598 431.517	304 114 615 780.029
	Gross capital formation, total, volume	Turkish Lira, 2009	313 907 454 828.510	362 483 401 739.143	374 135 004 698.226	397 735 910 829.286	410 887 051 980.493	457 880 496 831.952	419 921 367 343.557	363 288 736 920.405	446 235 138 956.050	385 078 844 880.561	323 701 780 987.817	347 359 820 714.470	353 768 207 935.423	370 669 916 171.409
	Gross domestic product, nominal value, market prices	Turkish Lira	1 581 479 250 900.000	1 823 427 315 100.000	2 054 897 827 700.000	2 350 941 343 200.000	2 626 559 709 600.000	3 133 704 267 400.000	3 761 165 557 300.000	4 317 809 825 000.000	5 048 567 945 000.000	7 256 141 737 000.000	15 011 775 979 000.000	26 276 307 373 000.000	40 586 299 662 476.500	54 518 195 947 578.300
	Gross domestic product, volume in USD, at constant purchasing power parities	US Dollar, 2015	1 673 935 898 248.830	1 815 983 035 202.280	1 905 687 424 381.850	2 021 638 726 157.860	2 088 819 483 287.220	2 245 522 668 618.350	2 313 184 092 708.340	2 332 117 840 669.820	2 375 492 271 512.320	2 647 234 232 245.800	2 793 717 029 299.180	2 919 906 000 491.050	3 018 612 594 992.020	3 116 686 171 671.610
	Gross domestic product, volume in USD, constant exchange rates	US Dollar, 2015	717 655 043 856.268	778 553 937 539.490	817 012 284 372.309	866 723 289 822.582	895 525 234 541.257	962 707 515 212.145	991 715 532 976.431	999 832 868 734.553	1 018 428 490 646.410	1 134 930 555 601.100	1 197 731 119 382.250	1 251 831 250 545.940	1 294 149 051 054.070	1 336 195 462 178.160
	Gross domestic product, volume, market prices	Turkish Lira, 2009	1 271 497 249 500.000	1 379 394 179 200.000	1 447 532 322 500.000	1 535 607 237 100.000	1 586 636 758 600.000	1 705 666 208 500.000	1 757 060 837 600.000	1 771 442 635 900.000	1 804 389 219 800.000	2 010 800 442 600.000	2 122 066 634 900.000	2 217 917 933 600.000	2 292 894 020 525.900	2 367 389 276 364.060
	Gross fixed capital formation, total, volume	Turkish Lira, 2009	347 101 852 392.979	396 542 068 243.290	416 013 777 334.652	454 624 325 210.812	464 648 836 122.797	503 012 611 794.747	503 737 745 839.746	440 912 623 825.233	473 221 246 363.432	507 433 996 425.060	513 865 911 886.077	559 533 803 576.857	586 170 174 054.636	610 280 439 756.803
	Imports of goods and services, volume (national accounts basis)	Turkish Lira, 2009	325 429 490 857.625	360 968 811 794.340	362 049 245 208.451	364 447 462 403.766	375 366 056 267.709	415 286 522 450.168	389 653 671 873.038	370 124 342 288.618	395 197 774 860.911	401 728 882 550.897	436 148 574 243.302	487 264 075 205.481	492 626 209 676.488	499 622 180 999.026
	Net exports, contributions to changes in real GDP	Percentage, 2009	0.031	-0.019	0.016	0.006	-0.012	0.002	0.042	0.032	-0.069	0.068	0.005	-0.060	0.004	0.006
	Private final consumption expenditure, volume	Turkish Lira, 2009	793 998 517 223.000	856 310 891 061.000	882 196 027 455.000	927 636 332 216.000	963 284 918 407.000	1 018 826 120 118.000	1 027 299 341 261.000	1 043 857 431 428.000	1 074 194 287 012.000	1 245 612 251 008.000	1 475 706 053 521.000	1 662 796 329 234.000	1 727 415 876 907.080	1 757 435 561 483.740
Selected variables: ready-made growth rates	Core inflation	Percentage, 2009	7.208	6.270	9.169	8.036	8.474	10.086	16.462	13.448	11.193	18.283	57.340	58.472	57.545	28.748
	Exports of goods and services, volume, growth (national accounts basis)	Percentage, 2009	14.498	4.933	7.078	3.239	-1.742	12.409	9.091	5.279	-14.624	25.056	9.932	-2.729	2.349	3.745
	Government final consumption expenditure, volume, growth	Percentage, 2009	6.745	8.079	3.218	3.811	9.228	5.370	5.734	3.792	2.155	3.221	4.311	5.238	1.894	2.015
	Gross domestic product, market prices, deflator, growth	Percentage, 2009	7.423	6.280	7.390	7.845	8.130	10.982	16.512	13.868	14.789	28.973	96.036	67.473	49.409	30.100
	Gross domestic product, nominal value, growth	Percentage	12.567	15.299	12.694	14.407	11.724	19.308	20.023	14.800	16.924	43.727	106.884	75.038	54.460	34.327
	Gross domestic product, volume, growth	Percentage, 2009	4.788	8.486	4.940	6.084	3.323	7.502	3.013	0.819	1.860	11.439	5.533	4.517	3.380	3.249
	Gross fixed capital formation, total, volume, growth	Percentage, 2009	2.862	14.244	4.910	9.281	2.205	8.257	0.144	-12.472	7.328	7.230	1.268	8.887	4.760	4.113
	Headline inflation	Percentage, 2009	8.892	7.493	8.855	7.671	7.775	11.144	16.332	15.177	12.279	19.596	72.309	53.859	55.452	28.950
	Imports of goods and services, volume, growth (national accounts basis)	Percentage, 2009	0.619	10.921	0.299	0.662	2.996	10.635	-6.172	-5.012	6.774	1.653	8.568	11.720	1.100	1.420
	Private final consumption expenditure, volume, growth	Percentage, 2009	3.102	7.848	3.023	5.151	3.843	5.766	0.832	1.612	2.906	15.958	18.472	12.678	3.886	1.738
Prices and deflators	Consumer price index	Index, 2009	1.259	1.353	1.473	1.586	1.709	1.900	2.210	2.545	2.858	3.418	5.889	9.061	14.085	18.163
	Core inflation index	Index, 2009	1.180	1.254	1.368	1.478	1.604	1.765	2.056	2.333	2.594	3.068	4.827	7.649	12.051	15.516
	Exports of goods and services, deflator (national accounts basis)	Index, 2009	1.246	1.337	1.490	1.607	1.720	2.059	2.717	3.138	3.783	5.337	10.842	16.317	21.615	25.022
	Gross domestic product, market prices, deflator	Index, 2009	1.244	1.322	1.420	1.531	1.655	1.837	2.141	2.437	2.798	3.609	7.074	11.847	17.701	23.029
	Imports of goods and services, deflator (national accounts basis)	Index, 2009	1.384	1.452	1.621	1.713	1.766	2.243	3.029	3.514	4.116	6.383	14.658	18.709	24.835	29.023
	Purchasing power parity, national currency per USD	Turkish Lira	1.020	1.070	1.105	1.162	1.241	1.384	1.633	1.837	2.111	2.726	4.606	7.173	11.371	15.030
Labour markets	Labour force	Persons	25 990 303.541	26 927 596.035	28 594 666.667	29 580 666.667	30 448 583.333	31 498 083.333	32 199 583.333	32 503 416.667	30 749 833.333	32 707 916.667	34 309 083.333	34 900 166.667	35 339 431.212	35 908 263.752
	Total employment (labour force survey basis)	Persons	23 814 984.243	24 505 831.947	25 764 833.333	26 533 583.333	27 128 916.667	28 059 250.000	28 674 000.000	28 044 083.333	26 709 166.667	28 782 000.000	30 714 000.000	31 622 750.000	32 044 807.028	32 302 024.173
	Unemployment rate	Percentage	8.370	8.994	9.896	10.301	10.903	10.918	10.949	13.720	13.140	12.003	10.479	9.391	9.323	10.043
Monetary data	Long-term interest rate on government bonds	Percentage	8.481	7.710	9.178	9.296	9.832	11.174	16.803	16.177	12.145	17.363	18.061	17.801	44.000	41.000
Monetary data	Short-term interest rate	Percentage	8.854	6.928	10.332	10.954	10.322	12.806	19.828	20.658	11.135	18.714	14.261	26.011	52.011	45.761

Data extracted on 07 May 2024 23:52 UTC (GMT) from OECD.Stat

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Economic Outlook No 115 - May 2024 : Turkey

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