Open Market Rank
Data Oct 11 · 18:00 UTC

Turkiye

#16 economy by nominal GDP · Europe & Central Asia · Upper middle income

GDP

$1.60T

Turkiye accounts for 1.4% of the tracked GDP on Open Market Rank. Its GDP is 1.10× Indonesia’s.

World Bank ·2025 data ·Snapshot Oct 11, 2026
Data year2025
Page refreshedOct 11, 2026 · 18:00 UTC
MeasureGDP
Rank#16 of countries

GDP over time

Nominal GDP in current US dollars 5Y10Y25YMax
$1.6T 2021 2025

Source: World Bank · 2021–2025

Turkiye GDP moved from $840B to $1.6T.

Key indicators

GDP per person

$18,599

2025

Real GDP growth

+3.60%

2025

Population

85.9M

2025

National wealth

$4.3T

Latest available estimate

Inflation

34.88%

2025

Unemployment

8.52%

2025

Life expectancy

77.4 years

2025

Foreign reserves

$186B

2025

Money supply (M2)

$677B

2025

How it compares

Nearby in the economies ranking — open any of them side by side.

Australia’s GDP is 1.13× that of Turkiye.

GDP

Turkiye $1.6T
Australia $1.8T
Compare withAustraliaIndonesia

Indicators over time

Population

People
85,878,556 2001 2025

Source: World Bank · 2001–2025

Turkiye population changed from 66,245,128 in 2001 to 85,878,556 in 2025.

About Turkiye

Turkiye is ranked #16 among the economies tracked by Open Market Rank based on nominal GDP. Its latest available GDP is $1.6T, representing 1.4% of tracked global GDP. Real GDP changed by 3.60% in 2025.

GDP measures economic output during a year. It is different from national wealth, which estimates the value of accumulated assets.

Data & sources

Data year2025
Page refreshedOct 11, 2026 · 18:00 UTC

Source: World Bank. The reporting date of a data point is different from the time Open Market Rank refreshed this page. Economic indicators are published on their own schedules, while market prices and exchange rates may update much more frequently.

Nearby in the ranking

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View the full ranking or compare Turkiye with others.