Turkiye’s GDP rises by 3.9% YoY in Q3 2022

Financial and insurance activities increased by 21.6 per cent in Q3. The value added increased by 0.3 per cent in the industry.

Seasonally- and calendar-adjusted GDP decreased by 0.1 per cent in Q3 2022 compared with the previous quarter. Calendar-adjusted GDP increased by 3.6 per cent compared with Q3 last year.

Turkiye’s gross domestic product (GDP) with chain-linked volume index rose by 3.9 per cent in the third quarter (Q3) this year compared with Q3 2021. The GDP was 4 trillion 258 billion 168 million TRY at current prices in Q3 2022. Export of goods and services increased by 12.6 per cent, and imports increased by 12.2 per cent during the quarter.

The country’s GDP increased by 120.5 per cent at current prices and reached 4 trillion 258 billion 168 million TRY.

Fibre2Fashion News Desk (DS)