content tagged with GDP

Turkey's growth rate at lowest level in last four quarters

Turkey's growth rate at lowest level in last four quarters

The country's GDP increased by 7.3 percent to 179.8 billion US dollars in the first quarter of 2022.

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

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

Total value of goods and services stood at 225.5 billion dollars in the July-September period.

30 November 2021

Labor share in GDP decreased despite high growth rate

Labor share in GDP decreased despite high growth rate

While Turkey recorded an annual growth rate of 21.7 percent, the labor share in the GDP continued to decline.

1 September 2021

5 cities account for over 50 percent of Turkey’s total GDP

TURKSTAT DATA FOR 2019

5 cities account for over 50 percent of Turkey’s total GDP

Turkish Statistical Institute (TurkStat) has released its statistics on Gross Domestic Product (GDP) by Provinces in 2019. While İstanbul had the highest share with 30.7 percent, the last three provinces were Tunceli, Ardahan and Bayburt in the east.

27 January 2021

Turkey spends only 0.9 percent of its GDP on environmental protection

TURKSTAT FIGURES

Turkey spends only 0.9 percent of its GDP on environmental protection

TurkStat has released its “Environmental Protection Expenditure Statistics” for 2019. The figures of the state agency show that while the share of environmental protection expenditure in GDP was 1 percent in 2018, it was 0.9 percent in 2019.

27 October 2020

Turkey’s economy shrinks by 9.9 percent in the second quarter

Turkey’s economy shrinks by 9.9 percent in the second quarter

While Turkey’s economy grew by 4.4 percent in the first quarter 2020, it has shrunk by 9.9 percent in the second quarter, according to the TurkStat. The value added has decreased by 25 percent in services and 16.5 percent in industry.

Turkey’s Economy Grows by 0.9 Percent in 3rd Quarter, Says TurkStat

Turkey’s Economy Grows by 0.9 Percent in 3rd Quarter, Says TurkStat

According to the Quarterly Gross Domestic Product (GDP) announced by the TurkStat, the economy of Turkey expanded by 0.9 percent in the third quarter of 2019. The GDP has increased by 11.5 percent, reaching 1 trillion 145 million 99 million TRY.

2 December 2019

Turkey's Economy Shrinks by 1.5 Percent in Second Quarter

Turkey's Economy Shrinks by 1.5 Percent in Second Quarter

The total value added increased by 3.4 percent in the agricultural sector, decreased by 2.7 percent in the industry sector and 12.7 percent in the construction sector and 0.3 percent in the services sector, the TurkStat has announced.

2 September 2019

Economy of Turkey Grows by 1.6 Percent in Third Quarter of 2018

Economy of Turkey Grows by 1.6 Percent in Third Quarter of 2018

The Turkish Statistical Institute has announced that the economy of Turkey has grown by 1.6 percent in the third quarter of 2018. In the same period last year, the economic growth rate of the country was announced as 11.1 percent by the institute.

10 December 2018

Economy Grows by 5.2 Percent in Second Quarter

Economy Grows by 5.2 Percent in Second Quarter

The economy of Turkey has grown by 5.2 percent in the second quarter of 2018, meeting the expectations of economists. The Turkish Statistical Institute has also revised the growth figures previously announced for 2017.

10 September 2018

Purchasing Power of Turkey Better Than Only 8 European Countries

Purchasing Power of Turkey Better Than Only 8 European Countries

While Turkey has ranked better than all Balkan countries except for Slovenia in terms of Gross Domestic Product per capita expressed in Purchasing Power Standards, it has ranked worse than all other European countries.

Nothing to Celebrate About GDP "Rise"

Government announces that per capita income exceeds 10 thousand dollars but economist Önder is skeptical. "What's important is income distribution and there's appalling inequalities."

2 April 2009 Tolga Korkut