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Turkey GDP Annual Growth Rate


Kalenteri GMT Todellinen Edellinen Yksimielisyys
2019-03-11 07:00 AM Q4 -3% 1.8% -2.7%
2019-05-31 07:00 AM Q1 -2.6% -3% -2.5%
2019-09-02 07:00 AM Q2 -1.5% -2.4% -2%
2019-12-02 07:00 AM Q3 0.9% -1.6% 1%
2020-02-28 07:00 AM Q4 0.9%


News Stream
2019-09-02
Turkish GDP Contracts Less than Expected in Q2
The Turkish economy shrank by 1.5 percent year-on-year in the second quarter of 2019, easing from a downwardly revised 2.4 percent contraction in the previous three-month period and compared with market expectations of 2 percent fall. Household consumption fell at a slower pace and net external demand contributed positively to the GDP, as exports increased firmly while imports plunged. Meanwhile, fixed investment contraction deepened.

2019-05-31
Turkish Economy Shrinks for 2nd Quarter
The Turkish economy contracted by 2.6 percent year-on-year in the first quarter of 2019, following a 3 percent decline in the previous period and compared with market expectations of a 2.5 percent contraction. It was the second straight quarter of GDP decline, as household consumption and gross fixed capital formation continued to decrease while government expenditure advanced faster and net foreign demand contributed positively to growth. On a seasonally adjusted quarterly basis, the economy advanced by 1.3 percent, rebounding from a 2.4 percent contraction in the last quarter of 2018. It was the first expansion in GDP growth since the first quarter of 2017.

2019-03-11
Turkish Economy Shrinks for 1st Time in Over 2 Years
The Turkish economy contracted by 3 percent year-on-year in the fourth quarter of 2018, compared to an upwardly revised 1.8 percent expansion in the previous three-month period and worse than market expectations of 2.7 percent contraction. This was the first contraction since the third quarter of 2016, as household consumption and fixed investment fell while government spending rose at a softer pace. On the positive note, net external demand contributed positively to the GDP due to a drop in imports prompted by falling lira. For 2018 as a whole, the economy grew 2.6 percent, compared to a 7.4 percent expansion in 2017.

Turkki BKT Viime Edellinen Korkein Alin Yksikkö
Bkt: N Kasvu 0.40 1.00 5.80 -5.20 Prosentti [+]
Bkt Annual Growth Rate 0.90 -1.60 11.70 -14.40 Prosentti [+]
BKT 766.51 851.55 950.58 7.99 Mrd. Usd [+]
Bkt Kiintein Hinnoin 466070131.90 426205505.40 466070131.90 148486309.20 TRY-THO [+]
Kiinteän Pääoman Bruttomuodostus 110095414.70 104793544.80 138491375.10 82266.40 TRY-THO [+]
Bkt Asukasta Kohden 15026.70 14870.70 15026.70 3134.80 USD [+]
Bkt Per Asukas Ppp 25286.60 25024.00 25286.60 11289.90 USD [+]
Bkt Maatalous 57743283.00 17988076.00 57743283.00 6480266.00 TRY-THO [+]
Bkt Maarakennus 31270055.70 29397188.70 36146657.30 5582784.30 TRY-THO [+]
Bkt Manufacturing 70808122.80 70955237.00 79601043.70 23491042.00 TRY-THO [+]
Bkt Public Administration 46475880.64 46721876.50 46721876.50 21779242.77 TRY-THO [+]
Bkt Palvelut 106301989.30 99796384.70 107042725.30 35367503.20 TRY-THO [+]
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