01.12.2025 10:15
The Turkish Statistical Institute has announced the Gross Domestic Product data for the third quarter of 2025. Accordingly, the Turkish economy grew by 3.7% compared to the same quarter of the previous year and by 1.1% compared to the previous quarter in the third quarter of this year.
The Turkish Statistical Institute (TÜİK) announced the Gross Domestic Product (GDP) results for the third quarter of this year (July-September period).
The first estimate of GDP for the third quarter of 2025; as a chained volume index, increased by 3.7% compared to the same quarter of the previous year.
When examining the activities that make up GDP; in the third quarter of the year, compared to the previous year, the chained volume index increased as follows: construction by 13.9%, financial and insurance activities by 10.8%, information and communication activities by 10.1%, taxes on products minus subsidies by 9.6%, other service activities by 7.1%, the industrial sector by 6.5%, trade, transportation, accommodation, and food services by 6.3%, professional, administrative, and support service activities by 4.4%, real estate activities by 4.2%, and public administration, education, human health, and social service activities by 2.1%. The agricultural sector, on the other hand, decreased by 12.7%.
The seasonally and calendar-adjusted GDP chained volume index increased by 1.1% compared to the previous quarter. The calendar-adjusted GDP chained volume index increased by 3.4% in the third quarter of the year compared to the same quarter of the previous year.
The estimate of Gross Domestic Product by production method, in current prices, increased by 41.6% in the third quarter of the year compared to the same quarter of the previous year, reaching 17 trillion 424 billion 718 million TL. The GDP value for the third quarter in current prices was realized as 432 billion 880 million USD.
HOUSEHOLD CONSUMPTION EXPENDITURES INCREASED BY 4.8%
The final consumption expenditures of resident households increased by 4.8% as a chained volume index compared to the same quarter of the previous year. The government's final consumption expenditures increased by 0.8%, while gross fixed capital formation increased by 11.7%.
Exports of goods and services decreased by 0.7% as a chained volume index compared to the same quarter of the previous year, while imports increased by 4.3%.
LABOR PAYMENTS INCREASED BY 41.1%
Labor payments increased by 41.1% compared to the same quarter of the previous year. Net operating surplus/mixed income increased by 43.5%.
The share of labor payments in Gross Value Added at current prices was 35.0% in the third quarter of last year, and this rate remained at 35.0% in 2025. The share of net operating surplus/mixed income increased from 46.0% to 46.7%.