Turkey’s GDP growth up

Posted on 12 September 2011

12 September 2011 – The latest figures from Turkstat (Turkish Statistical Institute) shows Turkey’s GDP increased to 203 Billion USD in the second quarter of 2011, a 8.8 percent increase over the same period in 2010, whereas the international finance markets had been expecting around 6.5 percent for Q2 in 2011. Turkstat have also revised the 2011 first quarter’s GDP up from 11.0 percent to 11.8 percent (year on year) reflecting Turkey’s strong domestic demand and investment. China leads the GDP growth tables with the second quarter 2011 increase of 9.5 percent putting Turkey’s 8.8 percent growth second in the world. Source: Invest in Turkey

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