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Turkey – First quarter data show Turkish economy in strong rebound

Posted on 14 February 2011

Date: 02/07/2010
Turkey – First quarter data show Turkish economy in strong rebound

Figures from the first quarter of 2010 reveal Turkey’s rapid recovery from the global economic crisis, as the country ranks second in growth among G20 members. While the growth rate of 11.7 percent falls slightly short of expectations, Turkey is second only to China in the G20 and leads the 31-member OECD in growth.

On the other hand, many European countries experienced a downturn in growth, with EU members like the UK, Spain and Greece seeing drops into negative figures. The US managed 2.7 percent.

1 July 2010 Invest in Turkey (Bugun)

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