Turkey Market Capitalization: % of GDP
1998 - 2023 | Yearly | % | CEIC Data
Key information about Turkey Market Capitalization: % of GDP
- Turkey Market Capitalization accounted for 37.8 % of its Nominal GDP in Dec 2023, compared with a percentage of 41.4 % in the previous year
- Turkey Market Capitalization: % Nominal GDP is updated yearly, available from Dec 1998 to Dec 2023
- The data reached an all-time high of 56.9 % in Dec 1999 and a record low of 14.7 % in Dec 1998
CEIC calculates Market Capitalization as % of Nominal GDP from monthly Market Capitalization and quarterly Nominal GDP. Borsa Istanbul provides Market Capitalization in local currency. Turkish Statistical Institute provides Nominal GDP in local currency.
Further information about Turkey Market Capitalization: % of GDP
- In the latest reports, Borsa Istanbul recorded a monthly P/E ratio of 9.6 in Aug 2024
- BIST National 100 closed at 116,524.8 points in Jun 2020
View Turkey's Market Capitalization: % of GDP from 1998 to 2023 in the chart:
What was Turkey's Market Capitalization: % of GDP in 2023?
Turkey Market Capitalization accounted for 37.8 % of its Nominal GDP in Dec 2023, compared with a percentage of 41.4 % in the previous year See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 37.8 2023 | 41.4 2022 | 14.7 1998 | 56.9 1999 | % | yearly | 1998 - 2023 |
Market Capitalization: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (%) | 0.2 2023 | yearly | 1999 - 2023 |
| Argentina (%) | 34.7 2020 | yearly | 2004 - 2020 |
| Armenia (%) | 3.4 2023 | yearly | 2001 - 2023 |
| Australia (%) | 100.1 2023 | yearly | 1985 - 2023 |
| Austria (%) | 26.3 2023 | yearly | 2002 - 2023 |
| Bahrain (%) | 44.8 2023 | yearly | 2002 - 2023 |
| Bangladesh (%) | 7.2 2024 | yearly | 2006 - 2024 |
| Belarus (%) | 2.6 2016 | yearly | 2011 - 2016 |
| Belgium (%) | 106.3 2023 | yearly | 1975 - 2023 |
| Bolivia (%) | 16.4 2012 | yearly | 1994 - 2012 |
| Bosnia and Herzegovina (%) | 20.2 2022 | yearly | 2008 - 2022 |
| Botswana (%) | 18.2 2023 | yearly | 2003 - 2023 |
| Brazil (%) | 42.4 2022 | yearly | 1980 - 2022 |
| Bulgaria (%) | 8.4 2023 | yearly | 1999 - 2023 |
| Canada (%) | 141.7 2023 | yearly | 1977 - 2023 |
| Chile (%) | 58.6 2023 | yearly | 2003 - 2023 |
| China (%) | 61.3 2023 | yearly | 1995 - 2023 |
| Colombia (%) | 19.6 2023 | yearly | 2005 - 2023 |
| Croatia (%) | 29.4 2023 | yearly | 1994 - 2023 |
| Cyprus (%) | 12.2 2023 | yearly | 2004 - 2023 |
| Czech Republic (%) | 244.8 2023 | yearly | 1995 - 2023 |
| Denmark (%) | 174.8 2023 | yearly | 2006 - 2023 |
| Ecuador (%) | 7.0 2023 | yearly | 2000 - 2023 |
| Egypt (%) | 16.0 Aug 2024 | monthly | Jun 2004 - Aug 2024 |
| Estonia (%) | 13.2 2023 | yearly | 2000 - 2023 |
| European Union (%) | 54.4 2018 | yearly | 1975 - 2018 |
| Finland (%) | 95.7 2023 | yearly | 1992 - 2023 |
| France (%) | 127.9 2023 | yearly | 1975 - 2023 |
| Georgia (%) | 0.1 2016 | yearly | 2000 - 2016 |
| Germany (%) | 47.1 2023 | yearly | 1975 - 2023 |
| Ghana (%) | 8.8 2023 | yearly | 2008 - 2023 |
| Greece (%) | 38.8 2023 | yearly | 2008 - 2023 |
| Hong Kong SAR, China (%) | 1,039.2 2023 | yearly | 1985 - 2023 |
| Hungary (%) | 19.8 2023 | yearly | 2002 - 2023 |
| Iceland (%) | 61.0 2023 | yearly | 1994 - 2023 |
| India (%) | 123.3 2023 | yearly | 1993 - 2023 |
| Indonesia (%) | 55.8 2023 | yearly | 2010 - 2023 |
| Iran (%) | 61.6 2022 | yearly | 2005 - 2022 |
| Ireland (%) | 24.7 2022 | yearly | 1997 - 2022 |
| Israel (%) | 51.4 2023 | yearly | 2002 - 2023 |
| Italy (%) | 32.1 2022 | yearly | 1998 - 2022 |
| Ivory Coast (%) | 16.7 2023 | yearly | 1993 - 2023 |
| Japan (%) | 146.3 2023 | yearly | 1994 - 2023 |
| Jordan (%) | 46.8 2023 | yearly | 1978 - 2023 |
| Kazakhstan (%) | 20.3 2022 | yearly | 1998 - 2022 |
| Kenya (%) | 9.5 2023 | yearly | 2006 - 2023 |
| South Korea (%) | 106.5 2023 | yearly | 1997 - 2023 |
| Kuwait (%) | 80.1 2023 | yearly | 2000 - 2023 |
| Kyrgyzstan (%) | 7.6 2023 | yearly | 2009 - 2023 |
| Latvia (%) | 1.5 2023 | yearly | 2000 - 2023 |
| Lebanon (%) | 6.5 2021 | yearly | 2004 - 2021 |
| Lithuania (%) | 6.2 2023 | yearly | 1995 - 2023 |
| Luxembourg (%) | 62.3 2022 | yearly | 1975 - 2022 |
| North Macedonia (%) | 25.8 2023 | yearly | 2004 - 2023 |
| Malawi (%) | 40.7 Aug 2024 | monthly | Jan 2004 - Aug 2024 |
| Malaysia (%) | 92.9 2023 | yearly | 1981 - 2023 |
| Malta (%) | 22.7 2023 | yearly | 2002 - 2023 |
| Mauritius (%) | 38.9 2023 | yearly | 1999 - 2023 |
| Mexico (%) | 33.0 2023 | yearly | 1993 - 2023 |
| Mongolia (%) | 16.5 2023 | yearly | 1998 - 2023 |
| Montenegro (%) | 52.0 2023 | yearly | 2003 - 2023 |
| Morocco (%) | 42.8 2023 | yearly | 1992 - 2023 |
| Mozambique (%) | 13.7 2023 | yearly | 1999 - 2023 |
| Nepal (%) | 76.8 2024 | yearly | 2001 - 2024 |
| Netherlands (%) | 133.7 2023 | yearly | 1975 - 2023 |
| New Zealand (%) | 39.5 2022 | yearly | 1985 - 2022 |
| Nigeria (%) | 17.8 2023 | yearly | 1985 - 2023 |
| Norway (%) | 81.6 2023 | yearly | 1981 - 2023 |
| Oman (%) | 46.0 2023 | yearly | 2003 - 2023 |
| Pakistan (%) | 9.8 2024 | yearly | 2000 - 2024 |
| Palestinian Territory (%) | 26.6 2023 | yearly | 1999 - 2023 |
| Panama (%) | 20.4 2022 | yearly | 1993 - 2022 |
| Paraguay (%) | 3.5 1999 | yearly | 1996 - 1999 |
| Peru (%) | 65.7 2023 | yearly | 1992 - 2023 |
| Philippines (%) | 68.8 2023 | yearly | 1970 - 2023 |
| Poland (%) | 42.3 2023 | yearly | 2007 - 2023 |
| Portugal (%) | 36.1 2023 | yearly | 1997 - 2023 |
| Qatar (%) | 80.6 2023 | yearly | 1997 - 2023 |
| Romania (%) | 18.3 2023 | yearly | 1995 - 2023 |
| Russia (%) | 3.0 2023 | yearly | 1997 - 2023 |
| Saudi Arabia (%) | 281.2 2023 | yearly | 1996 - 2023 |
| Serbia (%) | 4.8 2023 | yearly | 2004 - 2023 |
| Singapore (%) | 119.2 2023 | yearly | 1979 - 2023 |
| Slovakia (%) | 1.5 2023 | yearly | 2001 - 2023 |
| Slovenia (%) | 14.3 2023 | yearly | 1997 - 2023 |
| South Africa (%) | 320.6 2022 | yearly | 1975 - 2022 |
| Spain (%) | 80.2 2023 | yearly | 1995 - 2023 |
| Sri Lanka (%) | 15.4 2023 | yearly | 1991 - 2023 |
| Sudan (%) | 0.9 2021 | yearly | 2002 - 2021 |
| Sweden (%) | 169.4 2023 | yearly | 2006 - 2023 |
| Switzerland (%) | 187.2 2023 | yearly | 2000 - 2023 |
| Syria (%) | 5.9 2022 | yearly | 2010 - 2022 |
| Taiwan (%) | 240.9 2023 | yearly | 1962 - 2023 |
| Thailand (%) | 104.2 2023 | yearly | 1975 - 2023 |
| Tunisia (%) | 16.3 2023 | yearly | 1995 - 2023 |
| Turkey (%) | 37.8 2023 | yearly | 1998 - 2023 |
| Ukraine (%) | 3.4 2018 | yearly | 2010 - 2018 |
| United Arab Emirates (%) | 190.5 2023 | yearly | 2002 - 2023 |
| United Kingdom (%) | 70.4 2023 | yearly | 1999 - 2023 |
| United States (%) | 156.5 2022 | yearly | 1975 - 2022 |
Accurate Macro & Micro Economic Data You Can Trust
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.0 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -5,507.909 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Tax Revenue (USD mn) | 18,817.855 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Tax Revenue: % of GDP (%) | 16.1 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| National Government Debt (USD mn) | 254,513.1 2022 | yearly | 2001 - 2022 |
| Government Debt: % of GDP (%) | 26.1 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
| Forecast: Government Expenditure (TRY bn) | 40,421.476 2029 | yearly | 2000 - 2029 |
| Forecast: Government Net Debt (TRY bn) | 32,432.832 2029 | yearly | 2000 - 2029 |
| Forecast: Government Revenue (TRY bn) | 36,604.966 2029 | yearly | 2000 - 2029 |
| General Budget: Revenue (TRY mn) | 932,770.130 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| General Budget: Expenditure (TRY mn) | 994,990.060 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| General Budget: Cash Balance (TRY mn) | -62,219.930 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 7,988,776,022.734 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 1,934,743,052.066 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: Balance (TRY th) | -1,287,534,028.207 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 3,399,290,389.486 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: Revenue: Tax (TRY th) | 5,777,663,050.972 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 389,450,361.722 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: Revenue (TRY th) | 6,701,241,994.526 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Central Government Debt: External (TRY mn) | 538,505.357 Mar 2019 | monthly | Jan 2002 - Mar 2019 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.230 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -8,483.7 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Total Exports (USD mn) | 14,265.9 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Exports Growth (%) | 0.9 May 2023 | monthly | Jan 2014 - May 2023 |
| Aluminum: Exports (USD th) | 3,832,265.952 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,443,044.753 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 806,223.291 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 17,684.5 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Imports Growth (%) | 6.5 May 2023 | monthly | Jan 2014 - May 2023 |
| Imports: Medicament (USD th) | 2,460,947.731 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,964,157.172 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 1,562.076 Oct 2024 | monthly | Apr 1964 - Oct 2024 |
| Total Imports from USA (USD mn) | 1,278.154 Oct 2024 | monthly | Apr 1964 - Oct 2024 |
| Total Exports to China (USD mn) | 316.768 Oct 2024 | monthly | Jan 2013 - Oct 2024 |
| Total Imports from China (USD mn) | 4,241.788 Oct 2024 | monthly | Sep 1992 - Oct 2024 |
| Trade Balance: USD (USD mn) | -2,136.727 Mar 2019 | monthly | Jan 1969 - Mar 2019 |
| Natural Gas: Annual: Production (Cub m mn) | 851.970 2023 | yearly | 1976 - 2023 |
| Export Value Index (2015=100) | 149.169 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 127.060 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.8 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Household Debt: % of GDP (%) | 10.3 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
| Non-Performing Loans (USD mn) | 8,031.410 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Money Supply M1 (USD mn) | 180,021.595 Oct 2024 | monthly | Dec 1963 - Oct 2024 |
| Money Supply M2 (USD mn) | 491,947.182 Oct 2024 | monthly | Dec 1976 - Oct 2024 |
| M2 Growth (%) | 33.4 Sep 2024 | monthly | Dec 1977 - Sep 2024 |
| Reserve Requirement Ratio (%) | 8.0 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 84,958.0 Oct 2024 | monthly | Apr 2000 - Oct 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 6.497 Sep 2024 | quarterly | Jun 2000 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.9 Oct 2024 | monthly | Apr 2000 - Oct 2024 |
| Gold Reserves (USD mn) | 63,360.000 Sep 2024 | monthly | Dec 1956 - Sep 2024 |
| Total Deposits (USD mn) | 528,701.204 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Total Deposits Growth (%) | 30.7 Oct 2024 | monthly | Dec 2003 - Oct 2024 |
| Domestic Credit (USD mn) | 566,063.7 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Domestic Credit Growth (%) | 37.5 Oct 2024 | monthly | Jan 1987 - Oct 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 31.400 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Credit to Households (USD bn) | 96.972 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 523.532 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Household Debt (USD mn) | 101,134.7 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Total Loans (USD mn) | 362,316.242 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Total Loans Growth (%) | 38.30 Oct 2024 | monthly | Jan 1987 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 29.57 Sep 2024 | quarterly | Dec 1998 - Sep 2024 |
| Money Supply: M3 (TRY th) | 18,476,383,593.000 Oct 2024 | monthly | Dec 2005 - Oct 2024 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 1.769 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -0.5 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
| Composite Leading Indicator Index: Trend Restored (NA) | 392.590 Sep 2024 | monthly | Dec 1987 - Sep 2024 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 103.400 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 111.667 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 110.953 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 87.809 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
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