10/14/2010

IMF: Turkey’s GDP to exceed USD 1 trillion by 2011

Today’s Zaman - Current data from the International Monetary Fund (IMF) suggest that Turkey, according to purchasing power parity (PPP), will pass the USD 1 trillion mark in gross domestic product (GDP) next year.

According to the IMF data, by the end of this year Turkey’s GDP will reach USD 956.6 billion. The data predict that this number will grow to USD 1 trillion in 2011. By 2015, Turkey’s GDP is expected to reach USD 1.25 trillion.

Growth is also forecast for per capita income, with Turkish employees averaging a wage of USD 13,400 by the end of this year. This is expected to increase to USD 16,300 by 2015.
turkey; imf; turkey gdp; gross domestic product; turkish economy; turkish average wage

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