ID :
172232
Thu, 03/31/2011 - 15:19
Auther :

Turkey grows for five quarters successively

ANKARA (A.A) - Turkey grew for five quarters successively, Turkey's statistics authority, TurkStat, said on Thursday.
TurkStat made public the Q4-2010 gross domestic product (GDP) figures, and said Turkey grew 9.2 percent in the last quarter of 2010.
Thus, the authority, said Turkey grew for five quarters successively.
Turkey surpassed its growth target of 6.8 percent in the medium-term program, and grew 8.9 percent in 2010.
The national income per capita was 10,079 USD (15,138 Turkish liras-TL) in 2010. It was 8,590 USD in 2009 and 10,440 USD in 2008 before the global economic crisis.
Turkey started to stagnate as of the last quarter of 2008 due to global economic crisis, and shrank in the three quarters of 2009. It entered into growth trend in the last quarter of 2009.
Turkey grew 5.9 percent in the last quarter of 2009, 12 percent in Q1 of 2010, 10.3 percent in Q2 of 2010 and 5.2 percent in Q3 of 2010.
The Gross Domestic Product (GDP) in current prices was 735.8 billion USD in 2010. It was 616.8 billion USD in 2009.
The construction industry grew 17.1 percent in 2010. Fishery and manufacturing, wholesale and retail industries followed construction industry.

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