Turkey | GDP grew 7.4% in 2017
Published on Tuesday, April 3, 2018 | Updated on Tuesday, April 3, 2018
Turkey | GDP grew 7.4% in 2017
Summary
GDP grew by 7.3% (YoY) in 4Q17 above both the market consensus and our expectation (6.7%). The upward revision of the first three quarters and stronger than expected Q4 resulted in 7.4% yoy growth in 2017 (3.2% in 2016).We maintain our expectation that GDP growth may normalize to 4.5% in 2018 due to tightening financial conditions with some upside risks.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
Authors
Ali Batuhan Barlas
BBVA Research - Principal Economist
Seda Guler Mert
BBVA Research - Chief Economist
Adem Ileri
BBVA Research - Principal Economist
Serkan Kocabas