content tagged with gross domestic product

5 cities account for over 50 percent of Turkey’s total GDP

TURKSTAT DATA FOR 2019

5 cities account for over 50 percent of Turkey’s total GDP

Turkish Statistical Institute (TurkStat) has released its statistics on Gross Domestic Product (GDP) by Provinces in 2019. While İstanbul had the highest share with 30.7 percent, the last three provinces were Tunceli, Ardahan and Bayburt in the east.

27 January 2021

Turkey’s economy shrinks by 9.9 percent in the second quarter

Turkey’s economy shrinks by 9.9 percent in the second quarter

While Turkey’s economy grew by 4.4 percent in the first quarter 2020, it has shrunk by 9.9 percent in the second quarter, according to the TurkStat. The value added has decreased by 25 percent in services and 16.5 percent in industry.

Turkey’s Economy Grows by 0.9 Percent in 3rd Quarter, Says TurkStat

Turkey’s Economy Grows by 0.9 Percent in 3rd Quarter, Says TurkStat

According to the Quarterly Gross Domestic Product (GDP) announced by the TurkStat, the economy of Turkey expanded by 0.9 percent in the third quarter of 2019. The GDP has increased by 11.5 percent, reaching 1 trillion 145 million 99 million TRY.

2 December 2019

Purchasing Power of Turkey Better Than Only 8 European Countries

Purchasing Power of Turkey Better Than Only 8 European Countries

While Turkey has ranked better than all Balkan countries except for Slovenia in terms of Gross Domestic Product per capita expressed in Purchasing Power Standards, it has ranked worse than all other European countries.