Turkey’s economy increased by 4.8 percent in the second quarter of the year.
Such data on Monday, September 1, cites the Turkish Statistics Institute (Tüi̇k). According to preliminary estimates, GDP in the chain index of volume increased by 4.8% compared to the same period last year. This result allowed the Turkish economy to continue stable growth, which remains for 20 quarters in a row.
according to the production method of GDP at the current prices increased by 43.7% compared to the same quarter of 2024, reaching 14 trillion 578 billion 556 million Turkish lyre. In terms of US dollars, GDP for the second quarter amounted to 377 billion $ 622 million.
Analysis of the GDP structure according to the chain index of volume for the second quarter of 2025 revealed the following dynamics in the main sectors of the economy in comparison with the previous year. Information and communication services increased by 7.1%; The industrial sector increased by 6.1%; Trade, transport, hotel business and catering added 5.6%;
professional, administrative and auxiliary services showed an increase of 5.4%; Product taxes minus subsidies increased by 3%; financial and insurance services increased by 2.6%; Real estate transactions showed an increase of 2.6%; Other services increased by 2.1%.
at the same time in some sectors there was a decrease: the agricultural sector was reduced by 3.5%; Public administration, education, healthcare and social services decreased by 1.2%.
according to a survey conducted by Anadol, economists expected the growth of the Turkish economy in the second quarter of 2025 at 3.87%. The actual increase of 4.8% significantly exceeded these forecasts, confirming the stability of the economic dynamics of Turkey.