Turkiye | Exports of goods and services (% of GDP)

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of Turkiye
Records
63
Source
Turkiye | Exports of goods and services (% of GDP)
1960 2.05580029
1961 5.14603616
1962 5.60398506
1963 4.18454936
1964 4.47316103
1965 4.54967502
1966 4.09771474
1967 4.11931818
1968 3.68253968
1969 3.59589041
1970 4.42748092
1971 5.31958763
1972 6.01867866
1973 7.03296703
1974 5.72811618
1975 4.42134657
1976 4.85908649
1977 3.81520401
1978 4.14691194
1979 3.21802671
1980 5.16193171
1981 8.23693203
1982 11.86405139
1983 12.47321262
1984 15.60660269
1985 15.86072288
1986 13.31243772
1987 15.58084042
1988 18.65397042
1989 16.20291575
1990 13.36510285
1991 13.84113011
1992 14.39223573
1993 13.67380285
1994 21.36213121
1995 19.8916075
1996 21.54265814
1997 24.58171768
1998 20.66622987
1999 18.8109125
2000 19.8811989
2001 27.18194188
2002 25.10511902
2003 23.0061779
2004 23.62475321
2005 21.87626756
2006 22.39483394
2007 21.88952569
2008 23.56629093
2009 23.37019915
2010 21.19413332
2011 22.99370125
2012 24.36087552
2013 23.79300951
2014 25.2055417
2015 24.53127734
2016 23.08350913
2017 26.03942234
2018 31.23269256
2019 33.07421471
2020 29.12078986
2021 35.74369481
2022 38.58420213

Turkiye | Exports of goods and services (% of GDP)

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of Turkiye
Records
63
Source