Turkey - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in Turkey was $640,036,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $839,920,000,000 in 2013 and $7,822,222,000 in 1961.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $13,727,910,000
1961 $7,822,222,000
1962 $8,744,445,000
1963 $10,155,560,000
1964 $10,933,330,000
1965 $11,622,220,000
1966 $13,688,890,000
1967 $15,188,890,000
1968 $16,988,890,000
1969 $18,955,550,000
1970 $16,626,090,000
1971 $15,787,360,000
1972 $19,802,120,000
1973 $24,947,000,000
1974 $34,558,770,000
1975 $43,255,780,000
1976 $49,629,350,000
1977 $56,938,120,000
1978 $63,437,940,000
1979 $87,305,720,000
1980 $67,860,810,000
1981 $70,013,210,000
1982 $63,603,260,000
1983 $60,394,660,000
1984 $58,637,500,000
1985 $65,349,060,000
1986 $73,498,840,000
1987 $84,079,350,000
1988 $87,867,890,000
1989 $103,913,000,000
1990 $145,541,000,000
1991 $144,741,000,000
1992 $152,559,000,000
1993 $172,785,000,000
1994 $126,099,000,000
1995 $163,282,000,000
1996 $175,842,000,000
1997 $183,436,000,000
1998 $254,171,000,000
1999 $233,980,000,000
2000 $245,746,000,000
2001 $180,090,000,000
2002 $212,281,000,000
2003 $275,996,000,000
2004 $357,831,000,000
2005 $442,753,000,000
2006 $487,773,000,000
2007 $604,429,000,000
2008 $686,602,000,000
2009 $579,525,000,000
2010 $683,764,000,000
2011 $738,595,000,000
2012 $777,962,000,000
2013 $839,920,000,000
2014 $830,990,000,000
2015 $762,140,000,000
2016 $767,170,000,000
2017 $761,988,000,000
2018 $697,871,000,000
2019 $685,242,000,000
2020 $640,036,000,000

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Turkey was 4,486,660,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 4,486,660,000,000 in 2020 and a minimum value of 66,800 in 1960.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 66,800
1961 70,400
1962 78,700
1963 91,400
1964 98,400
1965 104,600
1966 123,200
1967 136,700
1968 152,900
1969 170,600
1970 191,200
1971 235,500
1972 280,200
1973 353,000
1974 481,300
1975 624,700
1976 796,700
1977 1,025,000
1978 1,540,400
1979 2,713,200
1980 5,160,000
1981 7,786,800
1982 10,338,900
1983 13,616,400
1984 21,501,200
1985 34,111,100
1986 49,575,700
1987 72,070,300
1988 124,978,900
1989 220,469,900
1990 379,663,300
1991 607,910,900
1992 1,052,655,000
1993 1,900,638,000
1994 3,732,537,000
1995 7,478,326,000
1996 14,313,520,000
1997 27,863,870,000
1998 66,262,260,000
1999 97,991,020,000
2000 153,640,000,000
2001 220,718,000,000
2002 319,951,000,000
2003 414,242,000,000
2004 510,088,000,000
2005 594,883,000,000
2006 696,784,000,000
2007 787,510,000,000
2008 893,613,000,000
2009 898,263,000,000
2010 1,027,560,000,000
2011 1,237,150,000,000
2012 1,397,220,000,000
2013 1,599,040,000,000
2014 1,818,620,000,000
2015 2,073,020,000,000
2016 2,316,930,000,000
2017 2,779,810,000,000
2018 3,369,600,000,000
2019 3,887,920,000,000
2020 4,486,660,000,000

Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Turkey was 893,647,000,000 as of 2020. Over the past 52 years, the value for this indicator has fluctuated between 893,647,000,000 in 2020 and 96,382,960,000 in 1968.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1968 96,382,960,000
1969 100,323,000,000
1970 103,937,000,000
1971 110,280,000,000
1972 117,855,000,000
1973 121,462,000,000
1974 129,208,000,000
1975 138,099,000,000
1976 151,177,000,000
1977 156,801,000,000
1978 158,447,000,000
1979 156,291,000,000
1980 155,326,000,000
1981 163,003,000,000
1982 169,299,000,000
1983 177,167,000,000
1984 189,056,000,000
1985 195,896,000,000
1986 208,652,000,000
1987 228,341,000,000
1988 234,323,000,000
1989 235,002,000,000
1990 254,536,000,000
1991 256,293,000,000
1992 271,386,000,000
1993 290,852,000,000
1994 279,313,000,000
1995 299,701,000,000
1996 320,032,000,000
1997 343,648,000,000
1998 357,775,000,000
1999 346,463,000,000
2000 370,205,000,000
2001 348,708,000,000
2002 370,904,000,000
2003 391,597,000,000
2004 429,762,000,000
2005 466,967,000,000
2006 499,188,000,000
2007 523,655,000,000
2008 528,783,000,000
2009 505,528,000,000
2010 541,571,000,000
2011 603,022,000,000
2012 634,486,000,000
2013 684,968,000,000
2014 721,535,000,000
2015 762,140,000,000
2016 787,006,000,000
2017 849,513,000,000
2018 877,732,000,000
2019 886,155,000,000
2020 893,647,000,000

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Turkey was 1,587,910,000,000 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 1,587,910,000,000 in 2020 and a minimum value of 171,261,000,000 in 1968.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1968 171,261,000,000
1969 178,262,000,000
1970 184,684,000,000
1971 195,955,000,000
1972 209,415,000,000
1973 215,824,000,000
1974 229,587,000,000
1975 245,385,000,000
1976 268,625,000,000
1977 278,617,000,000
1978 281,541,000,000
1979 277,711,000,000
1980 275,996,000,000
1981 289,637,000,000
1982 300,824,000,000
1983 314,804,000,000
1984 335,931,000,000
1985 348,083,000,000
1986 370,750,000,000
1987 405,734,000,000
1988 416,364,000,000
1989 417,571,000,000
1990 452,281,000,000
1991 455,403,000,000
1992 482,222,000,000
1993 516,810,000,000
1994 496,306,000,000
1995 532,534,000,000
1996 568,660,000,000
1997 610,623,000,000
1998 635,724,000,000
1999 615,625,000,000
2000 657,810,000,000
2001 619,614,000,000
2002 659,053,000,000
2003 695,822,000,000
2004 763,636,000,000
2005 829,745,000,000
2006 886,998,000,000
2007 930,474,000,000
2008 939,585,000,000
2009 898,263,000,000
2010 962,309,000,000
2011 1,071,500,000,000
2012 1,127,410,000,000
2013 1,217,110,000,000
2014 1,282,080,000,000
2015 1,354,230,000,000
2016 1,398,420,000,000
2017 1,509,480,000,000
2018 1,559,630,000,000
2019 1,574,590,000,000
2020 1,587,910,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts