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What is GDP (Gross Domestic Product)?
The monetary value of all goods and services produced within a country's borders over a given period.
ExampleTurkey's 2025 GDP growth came in above expectations at 4.2%.The figures in the example illustrate the concept; they are not current market data.
Related terms
InflationThe rise in the general price level over time and the resulting loss of money's purchasing power.Current Account DeficitThe external imbalance that arises when a country imports more than it exports.RecessionA period of economic contraction defined as GDP shrinking for two consecutive quarters.Interest Rate CorridorThe band between a central bank's lending and borrowing rates; it gives monetary policy flexibility.
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Frequently asked questions
What is GDP (Gross Domestic Product)?
The monetary value of all goods and services produced within a country's borders over a given period.
What is GDP (Gross Domestic Product) called in Turkish?
In Turkish financial reporting and news, GDP (Gross Domestic Product) is called GSYH (Gayri Safi Yurtiçi Hasıla).
Which concepts are related to GDP (Gross Domestic Product)?
The concepts most often mentioned together with GDP (Gross Domestic Product) are Inflation and Current Account Deficit.