Stock market capitalization to GDP (%) in Turkey
Turkey: Stock market capitalization to GDP (%) was 33.0% in 2020. ▲ Rising
Stock market capitalization to GDP in Turkey, 1993–2020
Source: Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Measured in %.
Analysis
In 2020, stock market capitalization to gdp in Turkey stood at 33.0%.
Compared with earlier readings it is up 35.7% on the previous year and down 15.3% over ten years.
Over the whole period, stock market capitalization to gdp in Turkey peaked at 44.0% in 1999 and was at its lowest, 12.2%, in 1998.
Turkey ranks 49th of 91 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Stock market capitalization to GDP (%) in Turkey, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 20.3% | — |
| 1994 | 16.5% | -18.6% |
| 1995 | 12.3% | -25.9% |
| 1996 | 16.7% | +36.3% |
| 1997 | 32.2% | +92.7% |
| 1998 | 12.2% | -62.1% |
| 1999 | 44.0% | +260.6% |
| 2000 | 25.4% | -42.2% |
| 2001 | 24.0% | -5.6% |
| 2002 | 15.0% | -37.4% |
| 2003 | 21.7% | +44.9% |
| 2004 | 24.0% | +10.6% |
| 2005 | 31.6% | +31.4% |
| 2006 | 28.9% | -8.6% |
| 2007 | 41.8% | +44.6% |
| 2008 | 15.3% | -63.5% |
| 2009 | 35.7% | +133.8% |
| 2010 | 38.9% | +9.1% |
| 2011 | 23.5% | -39.6% |
| 2012 | 35.8% | +52.3% |
| 2013 | 20.4% | -42.9% |
| 2014 | 23.4% | +14.5% |
| 2015 | 21.9% | -6.6% |
| 2016 | 19.8% | -9.6% |
| 2017 | 26.5% | +34.1% |
| 2018 | 19.2% | -27.6% |
| 2019 | 24.3% | +26.8% |
| 2020 | 33.0% | +35.7% |
Turkey compared with similar countries
- Turkey's 33.0% is below the median for upper middle income countries, which is 42.4%, 78% of the median. (24 countries reporting)
- Turkey's 33.0% is above the median for Europe & Central Asia, which is 29.8%, 1.1× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.0% | 12.2% | 44.0% | 7 |
| 2000s | 26.3% | 15.0% | 41.8% | 10 |
| 2010s | 25.4% | 19.2% | 38.9% | 10 |
| 2020s | 33.0% | 33.0% | 33.0% | 1 |
Countries ranked near Turkey
More financial sector data for Turkey
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.8 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.31 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.8 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is stock market capitalization to gdp in Turkey?
- Stock market capitalization to gdp in Turkey was 33.0% in 2020, according to Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's.
- What is the highest stock market capitalization to gdp recorded in Turkey?
- The highest recorded value was 44.0% in 1999.
- What is the lowest stock market capitalization to gdp recorded in Turkey?
- The lowest recorded value was 12.2% in 1998.
- How does Turkey rank for stock market capitalization to gdp?
- Turkey ranks 49th out of 91 countries with data for 2020.
- Is stock market capitalization to gdp rising or falling in Turkey?
- Over the last ten years it is down 15.3%. The long-run trend across the full record is rising.
- Where does this Turkey data come from?
- The figures come from Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's, published as part of Stock market capitalization to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Value of listed shares to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is stock market capitalization, P_e is end-of period CPI, and P_a is average annual CPI. End-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF) and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).