Report: Turkey’s Gross Domestic Product, IV. Quarter: October-December, 2013

Gross Domestic Product (GDP) began to be published according to the NACE Rev.2 classification.

Gross Domestic Product (GDP) at current and constant prices, estimated by using “Statistical Classification of Economic Activities in the European Community, NACE Rev1.1” published by European Union Statistical Office (Eurostat), will be estimated by using NACE Rev. 2 classification in order to obtain the internationally comparable estimates and to be compatible with the European Union. GDP by production approach are released on the A20 branches instead of A17 branches according to new classification. There are no changes in the components of GDP by expenditure approach. Further information regarding reclassifications of Gross Domestic Product (GDP) can be accessed from the link description.

GDP increased by 4,0% at constant prices and 10,2% at current prices in 2013

GDP by production approach increased by 4.0% compared to previous year in 2013 and reached to 122 388 Million TL at constant prices and increased by 10.2% and reached to 1 561 510 Million TL at current prices .

Financial intermediation, increased by 9.8% and reached to 15 549 Million TL at constant prices, increased by 12.8% and reached to 52 483 Million TL at current prices compared to previous year in 2013.

Manufacturing industry, increased by 3.8% and reached to 29 446 Million TL at constant prices, increased by 8.9% and reached to 239 115 Million TL at current prices compared to previous year in 2013.

The per capita GDP in 2013 was 20 531 TL at current prices

The per capita gross domestic product in 2012 was 18 846 TL and in 2013 was 20 531 TL at current prices. The per capita GDP in 2012 was 10 459 US Dollars and in 2013 was 10 782 US Dollars at current prices.

Seasonally and calendar adjusted GDP increased by 0.5% compared to the previous quarter at constant prices

Calendar adjusted gross domestic product in fourth quarter of 2013 increased by 4.7% compared to the same quarter of previous year, seasonally and calendar adjusted GDP increased by 0.5% compared to the previous quarter.

GDP increased by 4.4% compared to the same quarter of previous year in the fourth quarter of 2013 at constant prices

GDP at current prices, increased by 11.2% compared to the same quarter of previous year in the fourth quarter of 2013 and reached to 405 384 Million TL, GDP at constant prices, increased by 4,4% compared to the same quarter of previous year in the fourth quarter of 2013 and reached to 31 245 Million TL.

Manufacturing industry has been 62 062 Million TL at current prices with 14.2% increase and 7 433 Million TL at constant with 4.9 % increase in the fourth quarter of 2013.

Household final consumption expenditure increased by 4.6% and government final consumption expenditure increased by 5.9% at constant prices in year 2013

Household final consumption expenditure in 2013 increased by 11.3% and reached to 1 107 099 Million TL at current prices, increased by 4.6% and reached to 82 069 Million TL at constant prices.

Government final consumption expenditure in 2013 increased by 12.0% and reached to 235 575 Million TL at current prices, increased by 5.9% and reached to 13 332 Million TL at constant prices.

Gross fixed capital formation increased by 4.3% at constant prices in 2013

Gross fixed capital formation has been 317 446 Million TL at current prices with 10.6% increase and 30 274 Million TL at constant with 4.3% increase in 2013.

Exports of goods and services increased by 0.1% and imports of goods and services increased by 8.5% at constant prices

Exports of goods and services has been 401 429 Million TL at current prices with 7.7% increase and 32 039 Million T Lat constant with 0.1% increase in 2013.

Imports of goods and services has been 504 102 Million TL at current prices with 13.1% increase and 35 494 Million TL at constant with 8.5% increase in 2013.

Household final consumption expenditure increased by 5.3% and government final consumption expenditure increased by 6.8% at constant prices in the fourth quarter of year 2013

Household final consumption expenditure in the fourth quarter of 2013 increased by 11.9% and reached to 287 443 Million TL at current prices, increased by 5.3% and reached to 21 029 Million TL at constant prices.

Government final consumption expenditure in the fourth quarter of 2013 increased by 13.0% and
reached 71 640 Million TL at current prices, increased by 6.8% and reached to 4 182 Million TL at
constant prices.

Gross fixed capital formation increased by 6.4% at constant prices in the fourth quarter of 2013

Gross fixed capital formation has been 82 241 Million TL at current prices with 15.9% increase and
7 924 Million TL at constant with 6.4% increase in the fourth quarter of 2013.

Exports of goods and services decreased by 1.5% and imports of goods and services increased by 9.3% at constant prices in the fourth quarter of 2013

Exports of goods and services has been 109 265 Million TL at current prices with 12.3% increase and
8 352 Million TL at constant with 1.5% decrease in the fourth quarter of 2013.

Imports of goods and services has been 136 798 Million TL at current prices with 21.5% increase and
9 035 Million TL at constant with 9.3% increase in the fourth quarter of 2013.

31.03.2014
SOURCE: TUIK