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Last minute … The Türkiye economy has developed strongly

September 5, 2025
in Business

Last minute … The Türkiye economy has developed strongly

The gross domestic product (GDP) of Türkiye increased by 4.8 % in the second quarter of 2025.

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Minister of Finance and Treasury Şimşek: We are in the second phase of the program, progress is significant

The euro area economy grew in the third quarter

The second quarter of GDP 2025 is the first estimate; As a string mass index, it increased by 4.8 %compared to the same quarter of the previous year. The contribution of the construction industry for growth is 10.9 percent When activities that create GDP are checked; In the second quarter of 2025, as a volume index compared to the previous year; The total value of the value of the construction sector is 10.9 %, information and communication activities 7.1 %, industrial sector 6.1 %, commercial, transportation, residential and food service 5.6 %, occupation, administrative profession and support for service activities 5.4 %, tax for products minus 3.0 %level, finance and insurance activities 2.6 %, other service activities. Agricultural sector decreased by 3.5 %and public administration, education, human health and social service activities decreased by 1.2 %.GDP string volume index, no seasonal and calendar effects, up 1.6 %compared to the previous quarter. The mass index of GDP, no calendar effect, increased by 4.6 %in the second quarter of 2025 compared to the same quarter of the previous year.

In the second quarter of GDP in 2025, 14 trillion 578 billion 556 million pounds at the present price

It is estimated that the gross domestic product by production has increased by 43.7 %to the same quarter of the previous year with the current price in the second quarter of 2025 and 14 trillion 578 billion 556 million TL. The second quarter of GDP is 377 billion 622 million in the US dollar at the current price.

The final consumer cost increased by 5.1 percent in the second quarter of 2025 The final consumer cost of households has increased by 5.1 %in the form of a string mass index compared to the same quarter of the previous year in the second quarter of 2025. Exports of goods and services increased by 1.7 % in the second quarter of 2025 and imported by 8.8 %. Exports of goods and services increased by 1.7 %when the string volume index compared to the same quarter of the previous year in the second quarter of 2025 and import increased by 8.8 %.Labor payment increased by 42 percent in the second quarter of 2025 Labor payments increased by 42.0 %in the second quarter of 2025 compared to the same quarter of the previous year. Net residue/mixed income increased by 46.3 %. The percentage of labor payment in value added is 38.4 %, while the percentage of labor payment in the total value of the current price is 38.8 %in the second quarter of last year, while this rate is 38.4 %by 2025.Minister şimşek: Annual growth is 3.6 % in the first half Finance Minister and Ministry of Finance Mehmet Simsek evaluated growth data. Şimşek announced that the national income has approached $ 1.5 trillion and annual growth in the first half of 3.6 %. The statements of şimşek are as follows: Today, with growth data described by Turkstat, amended has been implemented within the framework of the “harmonious European revision policy” in the national income chain. Improving data resources, updating methods of calculating and changing scope does not lead to fundamental changes in the chain. The Turkish economy increased by 4.8 % per year in the second quarter of 2025 and 1.6 % of calendar and calendar effects. Therefore, the annual growth in the first half is 3.6 percent. Our national income has approached $ 1.5 trillion every year. With the contribution of the calendar and low base effect in the second quarter, continuing to disinfect with the annual growth shows the success of the program we perform. In terms of production, value added in all fields, except agricultural agriculture due to frost, increased. Our manufacturing industry has implemented the highest performance in the last 12 quarters. During this period, it was an important development of 40 % high growth in high production. The balance course of investment with consumer continues. Although global challenges and exports increase in the second quarter and the contribution of external demand for growth is negative with the impact of import demand and strong production. However, the current account deficit rate for national income continues to maintain at sustainable with 1.3 % every year in the second quarter. In the coming period, we predict that growth will gradually reach its potential level with the fact that financial conditions become more favorable and the reduction of uncertainty in global trade. We will share our medium-term program including the 2026-28 period with the public very early. We will continue to implement our program with the determination to increase the welfare of citizens by providing stability in price and sustainable growth with strong policy coordination.

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