Turkish Statistical Institute (TUIK) announced that Turkey's gross domestic product (GDP) in 2013 grew by 10.2 percent to TRY 1.56 trillion ($820 billion) in current prices and by four percent in constant prices to TRY 122.39 billion ($57 billion), both compared to 2012. Meanwhile, in the fourth quarter of last year, Turkey's GDP in constant prices decreased by 0.5 percent year on year.
On the other hand, last year Turkey's seasonal and calendar adjusted GDP increased by 0.5 percent compared to 2012. According to the TUIK data, Turkey's manufacturing sector contributed 24.1 percent to Turkey's overall GDP in 2013.
The TUIK also updated Turkey's GDP level for the first and third quarters last year, with the growth rate for GDP in the first quarter revised to 2.9 percent from three percent, the third quarter growth rate revised to 4.3 percent from 4.4 percent, while the second quarter growth rate remained unchanged.
