Exceeding all expectations | The Turkish economy achieves growth of 7%

2021-06-01

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Exceeding all expectations | The Turkish economy achieves growth of 7%

Exceeding all expectations, and recovering from the repercussions of the Coronavirus, the Turkish economy in 2021 witnessed a growth of 7%, during the first quarter of this year.

The growth of the Turkish economy in 2021

According to information issued by the Statistics Authority in Turkey, the value of the gross domestic product for the first quarter at current prices amounted to 188 billion and 65 million dollars.

Accordingly, according to official data, the Turkish economy witnessed a growth rate of 7% in the first quarter of the current year 2021.

It is worth noting that the growth rate achieved by the Turkish economy during the current year has exceeded expectations, especially in light of the pandemic restrictions that have not affected retail sales, exports, and manufacturing.

Also, the recovery of industrial production from the Coronavirus was at the forefront of the sectors that were the main reason for the growth of the economy in Turkey, coinciding with the recovery of other major sectors from the repercussions of the Coronavirus.

 

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Edited by Imtilak Real Estate©

Reference: AlJazeera

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