Turkey’s GDP up 1.7 percent in Q3

Thursday, 11 December 2014 16:16:25 (GMT+3)   |   Istanbul
       

The Turkish Statistical Institute (TUIK) has announced that Turkey's gross domestic product (GDP) in the third quarter of the current year grew by 10.6 percent to TRY 461.65 billion ($204.1 billion) in current prices and by 1.7 percent in constant prices to TRY 33.5 billion ($14.8 billion), both compared to the same period of the previous year.

Meanwhile, in the third quarter of 2014, Turkey's seasonal and calendar adjusted GDP increased by 0.4 percent compared to the previous quarter.

According to the TUIK data, Turkey's manufacturing sector contributed 21.8 percent in constant prices to Turkey's overall GDP in the given quarter.


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