Turkish GDP Grows 9.1% in Final Quarter, Led by Exports
- Gross-domestic growth in 2021 was 11%, Turkstat says
- Exports, consumption drive economic recovery last year
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Turkey’s economy expanded more than predicted in the fourth quarter of last year, driven by a surge in domestic consumption and exports.
Gross domestic product rose 9.1% in the October-to-December period from a year earlier, beating the median estimate of 9% in a Bloomberg survey of analysts.