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Published on Tuesday, April 3, 2018 | Updated on Tuesday, April 3, 2018

Turkey | GDP grew 7.4% in 2017

Summary

GDP grew by 7.3% (YoY) in 4Q17 above both the market consensus and our expectation (6.7%). The upward revision of the first three quarters and stronger than expected Q4 resulted in 7.4% yoy growth in 2017 (3.2% in 2016).We maintain our expectation that GDP growth may normalize to 4.5% in 2018 due to tightening financial conditions with some upside risks.

Geographies

Topics

Authors

Ali Batuhan Barlas BBVA Research - Senior Economist
Seda Guler Mert BBVA Research - Principal Economist
Adem Ileri BBVA Research - Senior Economist
Serkan Kocabas

Documents and files


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Report (PDF)

Turkey-4Q17-GDP-Mar2018

English - April 3, 2018

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