1- OUTPUT
In 2010, GDP was $ 735,828 million, which suggests that the Turkish economy became the sixteenth biggest economy among 30 OECD countries.
GDP in 2010 has increased by 16% to Turkish Lira 1,105,101 million at current prices and increased by 8.9% to Turkish Lira 105,680 million at constant prices.
GDP per capita in 2010 was Turkish Lira 15,138 and US Dollar 10,079 at current prices.
GDP Per Capita for Turkey 2010 (USD)
The Turkish Statistical Institute (TurkStat) announced the new series of GDP on 8 March 2008. The old accounts, based on the 1968 UN system of accounts, did not adequately attempt to assess the sizeable informal sector. The new system is in line with European System of Accounts (ESA-95) methods and includes more comprehensive coverage of the housing and manufacturing sectors.
New Gross Domestic Product series with 1998 base year by production approach has increased by 31.6% in current prices compared to Gross Domestic Product series with 1987 base year for the year 2006.
For futher information on revised GDP estimates covering 1998-2007 click here.
Gross Domestic Product Results for Turkey 2010
2- GROWTH
Real economic growth rates (based on GDP- production approach) in Q1, Q2, Q3 and Q4 in 2010 were 12%, 10.3%, 5.2% and 9.2% respectively. For the year 2010 as a whole, GDP rose by 8.9% at constant prices.
Growth for Turkey 2010 (Based on Real GDP)
Gross Domestic Product Results for Turkey 2010
Growth Rate of Expenditure on the Gross Domestic Product for Turkey 2010 (at 1998 prices)
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