Turkey is The G20 Champion in Economic Growth

Turkey is The G20 Champion in Economic Growth

Turkey’s economy grows 7.4 percent in 2017

Turkish economy grew 7.4% in 2017 according to Turkish Statistical Institute.

GDP at current prices climbed to 851 billion USD (3.1 trillion Turkish Liras) last year. It means approximately 19% growth from 2016.

What was the forecasts about Turkey economic growth for 2017?

IMF  2.5 % (revised to 5.1% in October 2017)

World Bank 4 % (revised to 6.7 % in January 2018)

Fitch Ratings 2.3 % (revised to 4.7% in June 2017)

Moody’s 2.6 % (revised to 3.7% in August 2017)

S & P 2.4% (revised to 2.6 % in May 2017)

2017 Economical Growths - Yıllık Büyüme Rakamları

wdt_ID Countries Economical Growths 2017
1 Turkey 7,40
2 China 6,80
3 India 6,40
4 Indonesia 5,10
5 G20 3,80
6 South Korea 3,10
7 Canada 3,00
8 Argentina 2,90
9 OECD 2,50
10 EU (28) 2,40
11 Australia 2,30
12 USA 2,30
13 Euro Area (119) 2,30
14 Germany 2,20
15 Mexico 2,00
16 France 1,80
17 Japan 1,70
18 UK 1,70
19 Italy 1,50
20 South Africa 1,30
21 Brazil 1,00
2017 Growth Rates

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