According to the results of 2024, the Turkish economy demonstrated a growth of 3.2%. Such data are given by the Institute of Statistics of Turkey (Tüi̇k).
The growth rate of economic indicators surpassed market forecasts of 3.1%.
The volume of gross domestic product (GDP) at current prices increased by 63.5% to 43.4 trillion of Turkish lire (1.3 trillion US dollars) compared to the previous year.
per capita GDP for the period under consideration amounted to 507,615 lire (15,463 US dollars).
In the fourth quarter of 2024, the Turkish economy increased by 3% in annual calculus. Economists who participated in an Anadola agency survey predicted a growth of 2.98%.
The Turkish economy recorded the highest growth rates (5.4%) in the first quarter of 2024.