Turkey’s GDP up 3.8 percent in Q2

The Turkish Statistical Institute (TUIK) has announced that Turkey’s gross domestic product (GDP) in the second quarter of this year grew by 12.6 percent to TRY 481.73 billion ($158.21 billion) in current prices and by 3.2 percent in constant prices to TRY 32.93 billion ($10.81 billion), both compared to the same period of the previous year.
Meanwhile, in the first six months Turkey’s seasonal and calendar adjusted GDP increased by 3.8 percent compared to the second quarter of 2014.
According to the TUIK data, Turkey’s manufacturing sector contributed 25.9 percent in constant prices to Turkey’s overall GDP in the second quarter this year.

Leave a Reply

Your email address will not be published. Required fields are marked *