Turkey - Industry, value added (% of GDP)

Industry, value added (% of GDP) in Turkey was 28.02 as of 2020. Its highest value over the past 60 years was 32.97 in 1989, while its lowest value was 16.95 in 1963.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

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

See also:

Year Value
1960 17.33
1961 17.25
1962 17.06
1963 16.95
1964 17.89
1965 19.31
1966 19.62
1967 20.45
1968 21.46
1969 22.09
1970 21.93
1971 22.72
1972 23.73
1973 23.71
1974 22.55
1975 22.56
1976 23.91
1977 23.38
1978 22.92
1979 25.64
1980 23.49
1981 26.69
1982 27.78
1983 26.63
1984 25.62
1985 26.37
1986 30.99
1987 31.39
1988 32.82
1989 32.97
1990 31.06
1991 31.54
1992 31.18
1993 29.82
1994 32.08
1995 32.02
1996 30.62
1997 30.78
1998 31.04
1999 28.29
2000 26.80
2001 25.50
2002 24.59
2003 24.79
2004 25.11
2005 25.24
2006 26.03
2007 26.37
2008 26.15
2009 24.02
2010 24.49
2011 26.84
2012 26.65
2013 27.68
2014 28.12
2015 27.83
2016 28.08
2017 29.13
2018 29.40
2019 27.24
2020 28.02

Limitations and Exceptions: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector. Even in large industries, where regular surveys are more likely, evasion of excise and other taxes and nondisclosure of income lower the estimates of value added. Such problems become more acute as countries move from state control of industry to private enterprise, because new firms and growing numbers of established firms fail to report. In accordance with the System of National Accounts, output should include all such unreported activity as well as the value of illegal activities and other unrecorded, informal, or small-scale operations. Data on these activities need to be collected using techniques other than conventional surveys of firms.

Statistical Concept and Methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts