The Gross Domestic Product (GDP) in Turkey expanded 1.70 percent on quarter in the first three months of 2021, the same as in the previous period. source: Turkish Statistical Institute
GDP Growth Rate in Turkey averaged 1.13 percent from 1998 until 2021, reaching an all time high of 15.90 percent in the third quarter of 2020 and a record low of -11 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
GDP Growth Rate in Turkey is expected to be 3.60 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 1.40 in 12 months time. In the long-term, the Turkey GDP Growth Rate is projected to trend around 0.70 percent in 2022 and 0.90 percent in 2023, according to our econometric models.