Turkey - Services, value added (current LCU)

The value for Services, value added (current LCU) in Turkey was 2,735,420,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,735,420,000,000 in 2020 and a minimum value of 17,600 in 1960.

Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

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

Year Value
1960 17,600
1961 20,800
1962 22,600
1963 25,900
1964 29,600
1965 34,100
1966 38,400
1967 45,200
1968 53,600
1969 60,300
1970 71,300
1971 89,800
1972 112,400
1973 143,100
1974 191,000
1975 251,300
1976 332,200
1977 445,900
1978 674,800
1979 1,225,500
1980 2,563,500
1981 3,768,600
1982 5,078,500
1983 7,005,000
1984 11,201,100
1985 17,947,300
1986 23,780,400
1987 35,298,000
1988 60,263,900
1989 107,806,600
1990 188,882,500
1991 313,092,300
1992 547,926,500
1993 1,004,061,000
1994 1,893,334,000
1995 3,774,599,000
1996 7,300,816,000
1997 14,818,230,000
1998 34,976,580,000
1999 56,390,000,000
2000 90,478,500,000
2001 135,927,000,000
2002 194,000,000,000
2003 250,923,000,000
2004 309,386,000,000
2005 360,851,000,000
2006 425,202,000,000
2007 487,188,000,000
2008 556,963,000,000
2009 575,259,000,000
2010 636,895,000,000
2011 745,260,000,000
2012 854,073,000,000
2013 972,581,000,000
2014 1,106,110,000,000
2015 1,257,180,000,000
2016 1,417,980,000,000
2017 1,677,670,000,000
2018 2,047,240,000,000
2019 2,435,560,000,000
2020 2,735,420,000,000

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