Turkish GDP with chain-linked volume index up 2.5% YoY in Q2 2024

GDP per capita was 311,109 TRY and $13,243 at current prices in 2023.

Seasonally- and calendar-adjusted GDP with chain-linked volume index increased by 0.1 per cent quarter on quarter (QoQ) and calendar-adjusted GDP increased by 2.8 per cent YoY in Q2 2024.

Exports of goods and services increased by 0.04 per cent YoY in Q2 2024 in the chained-linked volume index; such imports decreased by 5.7 per cent YoY.

In 2023, the Turkish manufacturing industry had the largest 19.5 per cent share of GDP, followed by wholesale and retail trade (13.9 per cent).

Exports of goods and services decreased by 2.8 per cent YoY, while such imports increased by 11.8 per cent YoY in 2023 in chain-linked volume index.

ALCHEMPro News Desk (DS)