Turkey’s economy grows by 7.4 percent in 2017

Thursday, 29 March 2018 15:24:15 (GMT+3)   |   Istanbul
       

According to the Turkish Statistical Institute (TUIK), Turkey's GDP in 2017 rose by 7.4 percent compared to 2016, while it increased by 7.3 percent in the fourth quarter.

In 2017, household final consumption expenditure increased by 6.1 percent, government final consumption expenditure rose by 5.0 percent and gross fixed capital formation grew by 7.3 percent, all year on year.

According to the TUIK data, Turkey's manufacturing sector contributed 17.7 percent in current prices to Turkey's overall GDP in 2017.

 


Tags: Turkey Europe 

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