ID :
172522
Fri, 04/01/2011 - 16:23
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Turkish deputy premier: Turkey catches nine percent growth speed

SANLIURFA (A.A) - 01.04.2011 - Turkish State Minister & Deputy Premier Bulent Arinc said on Friday that Turkey caught nine percent growth speed which was a magnificent figure.
Commenting on Turkey's growth figures which were released on Thursday, Arinc said that nine percent growth speed was the success of Turkish people, government and parliament.
Noting that the United States, Europe and other countries, which were hit by global economic crisis, were in debt, Arinc said that Turkey's neighbor Greece had one trillion USD of foreign debt. He added that Turkey, in such a period, caught nine percent growth speed. 
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 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.
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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