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Tag Archives: GDP

Turkey Set to Become Top Economy in OECD

According to the latest predictions of the Organisation for Economic Cooperation and Development (OECD) Turkey is set to post the second highest GDP growth in the organisation next year, it said in its "Employment Outlook 2013" report. In the report Turkey was named as one of the few countries that...

Posted on 24 July 2013

Inflation Hits 41 Year Low as Economy Grows 6.4%

Turkish inflation fell to 6.4% in 2010, a 41 year low. While the fact that 2010 total GDP growth matched that figure is brilliant, it is most likely that history will reflect on the inflation as the most important achievement in Turkey's economic development. History will remember the 2001 financial...

Posted on 04 January 2011

Turkish GDP Grows 10.3% in Second Quarter – 3rd Fastest in World

This week saw Turkstat release figures for Turkish Gross Domestic Product growth in the second quarter and we have not been disappointed -- not by much anyway. According to Turkstat, Turkish GDP grew 10.3% year on year in the second quarter, following the massive 11.7% year on year growth recorded...

Posted on 15 September 2010

Turkish Economy Looking Good For Strong First Quarter Growth

Industrial output in Turkey was 18.1% higher this February than last, and in the opening two months of the year, 15% higher than the same period of last year. This followed on from an 12.1% year on year increase in output recorded in January, and was a 0.5% month-on-month increase...

Posted on 09 April 2010

Turkish Economy to See Growth Boosted by New IMF Deal in 2010

The Turkish economy is predicted to grow by around 5% this year. A whole slew of analysts and brokers at investment funds, research groups and banks have forecast growth of between 4 and 7%, with 5.2% being the average forecast from the reports I have read. The International Monetary Fund,...

Posted on 14 January 2010