Turkey GDP Growth Rate  Forecast


Turkey GDP Growth Rate
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GDP Growth Rate in Turkey is expected to be 0.80 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 0.70 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 Last Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate 1.2 0.8 0.7 0.8 0.7 1
GDP Annual Growth Rate 11.1 5.4 5.2 4.8 4.6 3.8
GDP 858 739 754 754 790 816
GDP Constant Prices 448956427 438000000 362000000 412000000 411895525 512000000
Gross National Product 31671243 34800000 30888516 31583526 34128512 39800000
Gross Fixed Capital Formation 130559822 8590000 113374340 124500926 114381397 9110000
GDP per capita 14071 14350 14840 14840 14840 15960
GDP per capita PPP 23679 22000 23823 23817 23811 24100
GDP From Agriculture 53890930 3124000 9244370 17210404 51811362 3478000
GDP From Construction 36121899 2070000 26859439 31931739 30041725 2340000
GDP From Manufacturing 67757879 8730000 61455483 68662184 62198437 9060000
GDP From Mining 213552 227000 168287 209584 241724 246000
GDP From Public Administration 39774314 1080000 40078434 39884727 38987536 1180000
GDP From Transport 4095462 4420000 4070504 4064081 4067456 4930000
GDP From Utilities 587421 785000 498223 584809 585172 873000