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Turkey GDP Annual Growth Rate


Kalenda GMT Halisi Uliopita Makubaliano
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.

Uturuki Pato la Taifa Mwisho Uliopita Juu Chini Kitengo
Kiwango Cha Ukuaji Wa Pato La Taifa 0.40 1.00 5.80 -5.20 Asilimia [+]
Pato La Taifa Mwaka Kiwango Cha Ukuaji 0.90 -1.60 11.70 -14.40 Asilimia [+]
Pato la Taifa 766.51 851.55 950.58 7.99 Usd - Bilioni [+]
Pato La Taifa Constant Bei 466070131.90 426205505.40 466070131.90 148486309.20 TRY tho [+]
Jumla Ya Pato Zisizohamishika Ukuzaji Rasilimali 110095414.70 104793544.80 138491375.10 82266.40 TRY tho [+]
Pato-La-Taifa-Kwa-Mwananchi 15026.70 14870.70 15026.70 3134.80 USD [+]
Pato-La-Taifa-Kwa-Mwananchi-Ppp 25286.60 25024.00 25286.60 11289.90 USD [+]
Pato La Taifa Kutoka Kilimo 57743283.00 17988076.00 57743283.00 6480266.00 TRY tho [+]
Pato La Taifa Kutoka Ujenzi 31270055.70 29397188.70 36146657.30 5582784.30 TRY tho [+]
Pato La Taifa Kutoka Viwanda 70808122.80 70955237.00 79601043.70 23491042.00 TRY tho [+]
Pato La Taifa Kutoka Utawala Wa Umma 46475880.64 46721876.50 46721876.50 21779242.77 TRY tho [+]
Pato La Taifa Kutoka Services 106301989.30 99796384.70 107042725.30 35367503.20 TRY tho [+]
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