The Turkish Statistical Institute has announced that its third-quarter GDP figures depict a growth rate of 11.1 percent year-on-year. This makes it the fastest-growing country in the G20 by a considerable margin, with China trailing behind with 6.8 percent growth. The double-digit figure marks a substantial leap from rates seen over the past year, with year-on-year growth coming in at around five percent for the first two quarters of 2017. Notably, it reflects a recovery from the contraction of 1.8 percent that was announced this time last year.
- Published in World