Posted by meb at March 31st, 2008

Turkey’s growth rate was 4.5 percent in 2007 and 3.4 percent in the fourth quarter of 2007, Turkish Statistical Institute (TUIK) announced on Monday. Growth rate target of the government was 5 percent.

According to TUIK, gross domestic product (GDP) rose 12.9 percent to 856.387 billion YTL (or 25.1 percent to 658.786 billion USD) on basis of current prices.

The GDP on basis of fixed prices rose 4.5 percent to 101.046 billion YTL.

On the other hand, national income per capita in 2007 rose to 9,333 USD in 2007.

source: The New Anatolian

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