Economists Expect Turkish Economy To Grow 8.1% In Q3

Turkey's economy is forecast to grow 8.1% year-on-year in the third quarter, an Anadolu Agency survey revealed on Friday.

The Turkish Statistical Institute (TurkStat) will release its gross domestic product (GDP) figures on Monday.


A group of 18 economists projected average year-on-year growth of 8.1% in the third quarter, with their predictions hovering between 5.3% and 13.5%.

The economists also predicted that Turkey's annual GDP in 2021 would grow by 10% on average, with the highest at 12.5% and lowest at 8.4%.

The country's GDP grew by 21.7% in the second quarter this year.

Amid the coronavirus pandemic, Turkey was one of the few countries that achieved positive growth, with its economy expanding by 1.8% in last year


*Writing by Aysu Bicer from Ankara -