Page 30 - TURKRptOct19
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3.1 Macroeconomic overview
                     4.0 Real Economy
     Turkey - GDP breakdown (%)
       2016
          2017
        2018
        Q1/18
     Q2/18
        Q3/18
           Q4/18
        Q1/19
       Q2/19
    GDP Growth (y/y)
  3.2
    7.5
  2.8
  7.4
5.6
  2.3
    -2.8
  -2.4
  -1.5
   By Production -Agriculture
   -2.6
     4.9
   1.9
   8.1
 -0.9
   2.4
     0.3
   1.3
   3.4
   Industry
   4.2
     9.2
   1.3
   7.7
 4.5
   1.1
     -6.7
   -3.9
   -2.7
   Construction
   5.4
     9.0
   -2.1
   6.8
 1.5
   -6.3
     -7.8
   -9.3
   -12.7
   Services
    0.2
      11.1
    5.4
    10.5
  9.0
    4.6
      -1.0
    -3.4
    -0.3
   By Expenditure - Private Consumption
  3.7
    6.2
  0.0
  6.0
2.7
  0.7
    -7.7
  -4.8
  -1.1
   Government Consumption
   9.5
     5.0
   6.6
   4.9
 9.5
   6.9
     5.3
   6.6
   3.3
   Gross Fixed Capital Formation
   2.2
     8.2
   -0.6
   10.4
 6.1
   -4.4
     -11.6
   -12.4
   -22.8
   Exports
    -1.9
      12.0
    7.8
    0.9
  4.5
    14.3
      10.7
    9.2
    8.1
   Imports (-)
     3.7
        10.3
        -7.8
      15.3
    0.2
    -16.3
        -24.3
        -28.9
      -16.9
      Current Prices (TRYbn)
    GDP
    2,609
       3,111
    3,724
    790
 890
    1,027
       1,017
    921
   1,024
   By Production -Agriculture
    7%
      6%
    6%
    3%
  4%
    10%
      6%
    3%
    5%
   Industry
  22%
    21%
  22%
  22%
22%
  21%
    24%
  24%
  23%
   Construction
   10%
     9%
   7%
   8%
 8%
   6%
     6%
   6%
   5%
   Services
    24%
      22%
    23%
    23%
  23%
    24%
      24%
    23%
    24%
   By Expenditure - Private Consumption
  60%
    59%
  57%
  58%
57%
  55%
    57%
  57%
  58%
   Government Consumption
    15%
      15%
    15%
    15%
  15%
    13%
      17%
    17%
    16%
   Gross Fixed Capital Formation
  29%
    30%
  30%
  31%
33%
  28%
    29%
  28%
  25%
   Exports
   22%
     25%
   30%
   25%
 27%
   33%
     32%
   32%
   33%
   Imports (-)
    25%
      29%
    31%
    32%
  32%
    30%
      29%
    31%
    32%
 30 TURKEY Country Report October 2019 www.intellinews.com
 
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