The Gross Domestic Product (GDP) in Turkey expanded 0.90 percent in the second quarter of 2018 over the previous quarter. GDP Growth Rate in Turkey averaged 1.16 percent from 1998 until 2018, reaching an all time high of 5.60 percent in the first quarter of 2002 and a record low of -5.20 percent in the second quarter of 2001.

GDP Growth Rate in Turkey is expected to be -1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Turkey to stand at 0.50 in 12 months time. In the long-term, the Turkey GDP Growth Rate is projected to trend around 1.00 percent in 2020, according to our econometric models.

Turkey GDP Growth Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-29 07:00 AM GDP Growth Rate QoQ 1.8% 1.3% 0.9%
2018-06-11 07:00 AM GDP Growth Rate QoQ 2% 1.7% 0.7%
2018-09-10 07:00 AM GDP Growth Rate QoQ 0.9% 1.5% 0.5%
2018-12-10 07:00 AM GDP Growth Rate QoQ 0.9% -1.2%


Turkey GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.90 1.50 5.60 -5.20 percent [+]
GDP Annual Growth Rate 5.20 7.30 11.70 -14.40 percent [+]
GDP 851.10 863.72 950.58 8.02 USD Billion [+]
GDP Constant Prices 431004380.20 395219653.60 464822255.50 148486309.20 TRY THO [+]
Gross Fixed Capital Formation 131111320.50 114770398.40 138694476.00 82266.40 TRY THO [+]
GDP per capita 14933.27 14117.44 14933.27 3134.78 USD [+]
GDP per capita PPP 25129.34 23756.48 25129.34 11289.91 USD [+]
GDP From Agriculture 17144988.00 10310599.00 54317249.00 6480266.00 TRY THO [+]
GDP From Construction 33150631.50 26861295.00 36146657.30 5582784.30 TRY THO [+]
GDP From Manufacturing 73484897.10 70613834.80 79601043.70 23491042.00 TRY THO [+]
GDP From Public Administration 45407124.72 42245602.00 45407124.72 21779242.77 TRY THO [+]
GDP From Services 98843234.10 92153254.30 107042725.30 35367503.20 TRY THO [+]


Turkey GDP Growth Rate

Turkey is classified as an emerging market economy. The country is one of the world's biggest producers of agricultural products; textiles; motor vehicles, ships and other transportation equipment; construction materials; consumer electronics and home appliances. This page provides the latest reported value for - Turkey GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.50 5.60 -5.20 1998 - 2018 percent Quarterly
SA




Country Last
Singapore 4.70 Sep/18
United States 3.50 Sep/18
Indonesia 3.09 Sep/18
India 1.90 Jun/18
China 1.60 Sep/18
Australia 0.90 Jun/18
Mexico 0.90 Sep/18
Russia 0.90 Jun/18
Turkey 0.90 Jun/18
Canada 0.70 Jun/18
Switzerland 0.70 Jun/18
South Korea 0.60 Sep/18
Spain 0.60 Sep/18
United Kingdom 0.60 Sep/18
France 0.40 Sep/18
Brazil 0.20 Jun/18
Euro Area 0.20 Sep/18
Netherlands 0.20 Sep/18
Italy 0.00 Sep/18
Saudi Arabia -0.05 Mar/18
Germany -0.20 Sep/18
Japan -0.30 Sep/18
South Africa -0.70 Jun/18
Argentina -4.00 Jun/18


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