Turkey GDP Annual Growth Rate

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Turkish Q3 GDP Annual Growth Weakest in 2 Years
The Turkish economy grew by 1.6 percent year-on-year in the third quarter of 2018, slowing from an upwardly revised 5.3 percent expansion in the previous three-month period and below market expectations of 2 percent. This was the weakest growth rate since a contraction in the third quarter of 2016, as household consumption and government spending increased at a softer pace while investment fell. On the other hand, net external demand contributed positively to the expansion as a weak lira boosted exports.
Published on 2018-12-10

Turkish GDP Growth Slows to 5.2% in Q2
The Turkish economy grew by 5.2 percent year-on-year in the second quarter of 2018, easing from a downwardly revised 7.3 percent expansion in the previous three-month period. It was the weakest growth rate since the last quarter of 2016.
Published on 2018-09-10

Turkish GDP Growth Exceeds Forecasts
The Turkish economy grew by 7.4 percent year-on-year in the first quarter of 2018, following a 7.3 percent expansion in the previous three-month period and beating market expectations of 7 percent.
Published on 2018-06-11

Turkish Economy Grows 7.3% in Q4
The Turkish economy grew by 7.3 percent year-on-year in the fourth quarter of 2017, following an upwardly revised 11.3 percent expansion in the previous three-month period and beating market expectations of 7 percent.
Published on 2018-03-29

Turkey Q3 GDP Growth Strongest in 6 Years
The Turkish economy grew 11.1 percent year-on-year in the third quarter of 2017, accelerating sharply from an upwardly revised 5.4 percent expansion in the previous three-month period and beating market expectations of 10 percent. It was the strongest pace of expansion since the third quarter of 2011, boosted by household consumption, fixed investment, exports and government spending.
Published on 2017-12-11

Turkey GDP Growth Below Expectations in Q2
The Turkish economy advanced 5.1 percent year-on-year in the second quarter of 2017, easing slightly from an upwardly revised 5.2 percent expansion in the previous three months and below market expectations of 5.3 percent. Household consumption and exports slowed and public spending declined. The 2016 growth was revised up to 3.2 percent from 2.9 percent.
Published on 2017-09-11

Turkish Economy Expands 5% in Q1
The Turkish GDP advanced 5 percent year-on-year in the first quarter of 2017, following 3.5 percent growth in the previous period and beating market expectations of a 4 percent rise. The expansion was driven by higher government spending, investment and exports. On a quarterly basis, the economy grew 1.4 percent.
Published on 2017-06-12

Turkey GDP Growth Beats Expectations In Q4
The Turkish economy advanced 3.5 percent year-on-year in the last three months of 2016, recovering from a downwardly revised 1.3 percent contraction in the previous period and beating market expectations of a 2.3 percent rise. The expansion was driven by higher investment and a rebound in household spending and exports. On a quarterly basis, the economy advanced 3.8 percent.
Published on 2017-03-31

Turkish GDP Shrinks More Than Expected In Q3
The Turkish economy shrank 1.8 percent year-on-year in the third quarter of 2016, compared to an upwardly revised 4.5 percent expansion in the previous period and well below market expectations of a 0.5 percent fall. It is the first contraction since the third quarter of 2009, driven by fall in household spending, investments and exports.
Published on 2016-12-12

Turkey Annual GDP Growth Slows to 3.1% in Q2
The Turkish economy advanced 3.1 percent year-on-year in the second quarter of 2016, slowing from a downwardly revised 4.7 percent expansion in the previous period and below market expectations of a 3.4 percent gain. It is the lowest growth rate in five quarters as household spending and exports slowed and investment shrank.
Published on 2016-09-09

Turkey Economy Expands 4.8% in Q1
The Turkish economy advanced 4.8 percent on the year in the three months to March of 2016, following a 5-year high of 5.7 percent expansion in the previous period and beating market expectations of 4.5 percent growth. Household consumption and government expenditure were the main drivers of growth while fixed investment contracted and net external demand contributed negatively.
Published on 2016-06-10

Turkish Economy Expands 5.7% in Q4
The Turkish economy advanced 5.7 percent on the year in the three months to December of 2015, following a downwardly revised 3.9 percent expansion in the previous period and beating market expectations of 5.2 percent. It was the highest growth rate since the third quarter of 2011, boosted by private consumption, government expenditure and fixed investment. Considering full 2015, the GDP advanced 4 percent, accelerating from a 3 percent growth in 2014.
Published on 2016-03-31

Turkish GDP Grows 4% in Q3, Beats Forecasts
The Turkish economy advanced 4 percent year-on-year in the three months to September of 2015, following a 3.8 percent expansion in the previous period and staying way above market expectations of 2.8 percent. It was the highest growth rate since the first quarter of 2014, mainly boosted by government expenditure and a positive contribution from net external demand.
Published on 2015-12-10

Turkish GDP Growth Accelerates in Q2
The Turkish economy expanded 3.8 percent year-on-year in the three months to June of 2015, following an upwardly revised 2.5 percent increase in the previous period and better than market forecasts. It is the highest growth rate since the first quarter of 2014, driven by domestic demand.
Published on 2015-09-10

Turkey GDP Growth Beats Forecasts
The Turkish economy expanded 2.3 percent year-on-year in the first three months of 2015, slowing from a 2.6 percent increase in the previous period but better than market expectations, driven by household and public spending.
Published on 2015-06-10

Turkey GDP Growth Beats Expectations in Q4
The Turkish economy expanded 2.6 percent year-on-year in the last three months of 2014, compared with an upwardly revised 1.9 percent increase reported in the previous period. Yet, considering full 2014, the GDP slowed sharply due to a drop in investment and lower household consumption.
Published on 2015-03-31

Turkish Economy Grows Below Expectations
Turkey’s GDP advanced 1.7 percent year-on-year in the third quarter of 2014, following a revised 2.2 percent expansion in the previous period. The economy slowed for the second consecutive quarter as private consumption eased and investment continues to decline.
Published on 2014-12-10

Turkey GDP Growth Slows in Q2
The Turkish economy expanded 2.1 percent year-on-year in the second quarter of 2014, slowing from a revised 4.7 percent expansion in the previous period. Investment shrank for the second straight quarter and private consumption slowed sharply.
Published on 2014-09-10

Turkish Economy Advances 4.3% in Q1
The Turkish GDP grew 4.3 percent year-on-year in the first three months of 2014, slowing slightly from a 4.4 percent expansion in the previous period. A surge in exports and higher government spending were enough to offset a slowdown in household consumption and a drop in investment.
Published on 2014-06-10

Turkish GDP Growth Beats Expectations in Q4
In the last three months of 2013, the Turkish economy expanded 4.4 percent over a year earlier, up from a revised 4.3 percent in the previous three months and above market expectations.
Published on 2014-03-31

Turkish Economy Expands 4.4% YoY in Q3
In the third quarter of 2013, Turkey's gross domestic product was up by 4.4 percent year-on-year. This is down from an upwardly revised 4.5 percent growth rate registered in Q2. The expansion exceeded expectations and was driven by growing investment.
Published on 2013-12-10

Turkish Economy Expands 4.4% YoY in Q2
In the second quarter of 2013, Turkey's adjusted gross domestic product was up by 4.4 percent year-on-year. This is up from 2.9 percent registered in the previous quarter as all economic sectors expanded above expectations.
Published on 2013-09-10

Turkish Economic Growth Accelerates in Q1
Turkish economy grew by 3 percent year-on-year in the first quarter of 2013, up from 1.4 percent expansion registered in the previous quarter, the Turkish Statistics Institute reported on June 11th. While services, manufacturing and construction activities increased, mining and quarrying declined.
Published on 2013-06-11