Trade Minister ömer Bolat evaluated the second quarter growth data of the Turkish economy and said it was the second most fast -growing country among OECD countries.
Trade Minister Omer Bolat, the second quarter of this year's data, has announced the fastest development among the OECD and G20 countries is the fourth country in the G20, “at the end of the year to achieve the export efficiency of goods and services, we will continue to work further.” He said. Bolat, in sharing from NSocial, has evaluated growth data in the second quarter of the year. The Turkish economy, in the second quarter of this year by recording strong performance compared to the same period last year, 4.8 % of Bolat, the economy has grown in 20 quarters in 20 quarters, the total domestic product (GDP) annually reached a record by increasing $ 174 billion. Bolat pointed out that the contribution of the export of goods and services is positive and has a strong increase in investment spending “, the rate of inflation and unemployment decreases in the Turkish economy, while the strong economic growth rate has been achieved in the second quarter. “Türkiye is the second fastest growing country among OECD countries” Bolat, 5 % by 2022, 3.5 % in 2023 and 0.8 percent in 2024 in GDP, GDP ratio, since the second quarter of 2025 with an average annual average of 1.3 % according to our increase. Provides financial stability, an increase in foreign exchange reserves and the efforts we have made to distribute justice by social welfare to strengthen the balance and stability process in our economy. The Turkish economy continues to grow even during the epidemic phase, reminding that the Turkish economy grew by 1.8 % by 2020, 11.8 % by 2021, 5.4 % by 2022, 5 % by 2023. It reached $ 474 billion. ” “We will work to achieve performance on our export goals” Bolat pointed out that the contribution of goods and services exported to the second quarter of this year was 0.4 %, while investments increased by 8.8 % and contributed to economic growth to 2.2 %. Therefore, emphasizing that investments have continued to support growth in three quarters, Bolat emphasized that the increase in production, investment and export is reflected in the index of the labor force. Reminds that the unemployment rate is 8 percent with a decrease of 0.4 points in July 2025 compared to the previous month, Bolat said: “Therefore, the unemployment rate has been implemented as the lowest level since 2005 January.
