Turkish GDP up 4.5% YoY in 2023; Q4 GDP rises 4% YoY
02 Mar 24 1 min read
Insights
- Turkiye's GDP with chain-linked volume index rose by 4.5 per cent YoY in 2023.
- GDP at current prices rose by nearly 75 per cent YoY last year, reaching over 26.276 trillion TRY.
- The Q4 2023 GDP with chain-linked volume index rose by 4 per cent YoY.
- Exports of goods and services fell by 2.7 per cent YoY in 2023, while such imports rose by 11.7 per cent YoY.
The GDP per capita was 307,952 TRY and $13,110 at current prices last year.
The 2023 fourth quarter (Q4) GDP with chain-linked volume index increased by 4 per cent YoY.
Seasonally- and calendar-adjusted GDP with chain-linked volume index increased by 1 per cent quarter on quarter (QoQ) in Q4 2023. The calendar-adjusted GDP with chain linked volume index rose by 4 per cent QoQ in Q4 2023, an official release said.
- Japan’s producer price index up 2.4% YoY in May; WPI jumps
- Net FDI inflows in Philippines rise 23.1% YoY to $686 mn in Mar 2024
- 22% YoY rise in Cambodia’s textile-garment exports in Jan-May 2024
- Germany's manufacturing orders see slight dip in April 2024
- Seasonally-adjusted GDP up 0.3% QoQ in euro area, EU
- Middle East apparel imports rise despite Israel-Palestine conflict
Exports of goods and services decreased by 2.7 per cent YoY, and such imports rose by 11.7 per cent YoY in 2023.
Exports of goods and services increased by 0.2 per cent YoY in Q4 2023 in the chained-linked volume index; such imports increased by 2.7 per cent.
Fibre2Fashion News Desk (DS)
Popular News
|
|
India’s DoT launches Industry 4.0 initiative to boost MSMEs & startups |
|
|
Cambodia’s economic growth likely to rise to 5.8% in 2024: World Bank |
|
|
South India cotton yarn prices steady, mix trend seen from demand side |
|
|
Giriraj Singh new Indian Minister of Textiles; Pabitra Margherita MoS |
|
|
22% YoY rise in Cambodia’s textile-garment exports in Jan-May 2024 |
|
|
Borealis to open recyclate polyolefins compounding line in Belgium |
