2019Q3 Growth Review

Turkey's economy grew 0.4% in 2019Q3 compared to the previous quarter. According to our nowcast model, our growth expectation has been 0.4% since the last week of October. The year over year nowcast produced by our model was 0.68%, below the realization at 0.95%. Our year over year nowcast for the last quarter is 5.87% and our 2019 annual growth prediction is 0.87%.

You can find the brief here.


Quarterly graphs demonstrate the growth rate estimation of the related quarter in light of the disclosed data. The features and the estimated growth can be read by the points above the graph.

The graphs were created separately for the estimates of the growth rate of both the year to year (by the same quarter of the previous year) as well as the growth rate from quarter to quarter (compared to the previous quarter). The growth rate of GSYIH predicted in quarter-to-quarter growth is seasonally adjusted.

In addition, the table below has been prepared to easily track which data is more effective on which estimate. With each new data, the graphics and tables in this site are renewed.