TurkStat: Turkey's GDP rises 7.4 percent in third quarter

Photo: AA

Turkey's gross domestic product (GDP) increased 7.4 percent in the third quarter of 2021 compared to the same period last year, the Turkish Statistical Institute (TurkStat) said today (November 30).

The total value of goods produced and services provided at current prices stood at 1.9 trillion Turkish lira (225.5 billion dollars) this July-September, TurkStat said.

Compared to the previous quarter, the country's GDP rose 2.7 percent in the third quarter.

The country's economy grew by 21.7 percent in the second quarter this year. (VK)