Turkey economy grew 4 percent in 2015

According to Turkish statistics office, the economy grew 5.7 percent in the last three months of 2015, which has made the unexpected growth possible

Turkey economy grew 4 percent in 2015

World Bulletin / News Desk

Turkey's Gross Domestic Product growth soared at the rate of 5.7 percent in the fourth quarter of 2015 compared with the same period in 2014, Turkish Statistical Institute (TurkStat) reported Thursday.

The figure exceeded analyst consensus estimates of 3.8 percent.

The Gross Domestic Product in the fourth quarter of 2015 rose to 34.8 billion Turkish liras ($12.25 billion), which was up 5.7 percent year-on-year, TurkStat said.

Performance in the fourth quarter pushed the overall annual GDP growth to 4 percent, with cumulative GDP reaching 131.3 billion Turkish liras in constant prices ($46.2 billion).

Last Mod: 31 Mart 2016, 11:22
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