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Reading: Turkey’s GDP grew 3.7% in 2025 as construction surged
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MacroHerald > Latest News > Economy > Economic Data > Turkey’s GDP grew 3.7% in 2025 as construction surged
Economic Data

Turkey’s GDP grew 3.7% in 2025 as construction surged

Enver Adıgüzel
Last updated: 2 September 2026 18:08
Enver Adıgüzel - Editor and Publisher
2 months ago
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Turkey’s annual GDP — the series the Turkish Statistical Institute computes from annual data rather than by summing the quarterly estimates — grew 3.7 percent in 2025 on a chain-weighted volume basis. At current prices GDP expanded 41.6 percent to 63.24 trillion Turkish lira, or 18,103 US dollars per capita.

Contents
  • Growth drivers across sectors
  • Investment and external trade

Growth drivers across sectors

Construction led sectoral expansion with 11 percent growth, followed by culture, arts, entertainment, recreation and sports at 8.5 percent and information and communication at 7.9 percent. Agriculture contracted sharply, declining 8.5 percent in 2025, while water supply and sewerage fell 5 percent and households as employers activities dropped 4.2 percent.

Domestic consumption powered the economy as resident household final consumption expenditure grew 4.2 percent, representing 54.4 percent of GDP at current values. Food and non-alcoholic beverages claimed 21.4 percent of household spending, housing and utilities accounted for 18 percent, and transport made up 15 percent of expenditure.

Investment and external trade

Gross fixed capital formation climbed 7.3 percent and comprised 30.7 percent of GDP. Exports of goods and services declined 0.6 percent on a chain-weighted volume basis, while imports rose 4.6 percent, leaving exports at 24.7 percent of GDP and imports at 25 percent.

Labour compensation rose 40 percent year-on-year, outpaced by gross operating surplus growth of 41.3 percent. Labour compensation fell to 36.6 percent of gross value added in 2025 from 36.9 percent in 2024, while net operating surplus climbed to 44.3 percent from 43.3 percent.

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Source: TurkStat

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ByEnver Adıgüzel
Editor and Publisher
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Enver Adıgüzel is the editor and publisher of MacroHerald. He holds a degree in Economics from the Faculty of Economics and Administrative Sciences at Kırıkkale University and an MBA. He writes on central bank policy, currencies, government bond markets and the economic data that move them.
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