Services, Debit/Expenditure in Turkey
Turkey: Services, Debit/Expenditure was 53.26 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Turkey, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, debit/expenditure in Turkey stood at 53.26 billion. That is the highest value across all 20 years on record.
The figure is up 8.0% on the previous year and up 89.1% over ten years.
Over the whole period, services, debit/expenditure in Turkey peaked at 53.26 billion in 2024 and was at its lowest, 11.95 billion, in 2005.
Turkey ranks 33rd of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 11.95 billion | — |
| 2006 | 12.19 billion | +2.0% |
| 2007 | 15.91 billion | +30.6% |
| 2008 | 18.20 billion | +14.4% |
| 2009 | 17.09 billion | -6.1% |
| 2010 | 19.70 billion | +15.3% |
| 2011 | 20.97 billion | +6.4% |
| 2012 | 20.98 billion | +0.1% |
| 2013 | 26.08 billion | +24.3% |
| 2014 | 28.16 billion | +8.0% |
| 2015 | 26.08 billion | -7.4% |
| 2016 | 26.00 billion | -0.3% |
| 2017 | 27.49 billion | +5.7% |
| 2018 | 29.05 billion | +5.7% |
| 2019 | 28.90 billion | -0.5% |
| 2020 | 23.96 billion | -17.1% |
| 2021 | 30.02 billion | +25.3% |
| 2022 | 40.76 billion | +35.8% |
| 2023 | 49.32 billion | +21.0% |
| 2024 | 53.26 billion | +8.0% |
Turkey compared with similar countries
- Turkey's 53.26 billion is above the median for upper middle income countries, which is 4.11 billion, 13.0× the median. (54 countries reporting)
- Turkey's 53.26 billion is above the median for Europe & Central Asia, which is 18.83 billion, 2.8× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.07 billion | 11.95 billion | 18.20 billion | 5 |
| 2010s | 25.34 billion | 19.70 billion | 29.05 billion | 10 |
| 2020s | 39.47 billion | 23.96 billion | 53.26 billion | 5 |
Countries ranked near Turkey
More trade data for Turkey
- Commodity Net Export Price Index, Individual Commodities Weighted by 124.36 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.26 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.89 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 91.43 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.65 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 74.91 (2025)
- Imports of low carbon technology products, Percent of GDP 1.23 (2024)
- Imports of low carbon technology products, US dollar (World), per 195.93 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0123 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 14.38 billion (2024)
Frequently asked questions
- What is services, debit/expenditure in Turkey?
- Services, debit/expenditure in Turkey was 53.26 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Turkey?
- The highest recorded value was 53.26 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Turkey?
- The lowest recorded value was 11.95 billion in 2005.
- How does Turkey rank for services, debit/expenditure?
- Turkey ranks 33rd out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Turkey?
- Over the last ten years it is up 89.1%. The long-run trend across the full record is rising.
- Where does this Turkey data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.