Turkey Private Consumption: % of GDP

Key information about Turkey Private Consumption: % of GDP

• Turkey Private Consumption accounted for 59.5 % of its Nominal GDP in Sep 2024, compared with a ratio of 60.5 % in the previous quarter.
• Turkey Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1998 to Sep 2024, with an average share of 61.0 %.
• The data reached an all-time high of 73.1 % in Mar 2000 and a record low of 54.6 % in Sep 2018.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Private Consumption Expenditure is calculated as the sum of Household and NPISHs Consumption. Turkish Statistical Institute provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Turkey Private Consumption: % of GDP

• In the latest reports, Turkey GDP expanded 4.0 % YoY in Mar 2023.
• Its Nominal GDP reached 245.5 USD bn in Mar 2023.
• Turkey GDP Per Capita reached 13,243.4 USD in Dec 2023.
• Its Gross Savings Rate was measured at 27.1 % in Sep 2024.

View Turkey's Private Consumption: % of GDP from Mar 1998 to Sep 2024 in the chart:

What was Turkey's Private Consumption: % of GDP in Sep 2024?

Turkey Private Consumption accounted for 59.5 % of its Nominal GDP in Sep 2024, compared with a ratio of 60.5 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
59.5 Sep 2024	60.5 Jun 2024	54.6 Sep 2018	73.1 Mar 2000	%	quarterly	Mar 1998 - Sep 2024

Private Consumption: % of GDP by Country Comparison

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