Gross Domestic Product, II. Quarter: April-June, 2016
- Smart Solutions
- Sep 10, 2016
- 3 min read
GDP increased by 3.1% at constant prices Gross domestic product increased by 3.1% compared to the same quarter of previous year in the second quarter of 2016 and reached 33 billion 61 million Turkish Liras at constant prices. GDP increased by 9% at current prices Gross domestic product increased by 9% compared to the same quarter of previous year in the second quarter of 2016 and reached 525 billion 932 million Turkish Liras at current prices. Value added of agriculture increased by 1.4% and reached 30 billion 795 million Turkish Liras at current prices, decreased by 1% and reached 2 billion 338 million Turkish Liras at constant prices in the second quarter of 2016. Value added of industry increased by 8.2% and reached 129 billion 182 million Turkish Liras at current prices, increased by 3.9% and reached 11 billion 530 million Turkish Liras at constant prices in the second quarter of 2016. Value added of services increased by 11.5% and reached 305 billion 585 million Turkish Liras at current prices, increased by 3.6% and reached 19 billion 428 million Turkish Liras at constant prices in the second quarter of 2016. Annual GDP in 2015 was 1 952 638 Million TL, at current prices Annual gross domestic product in 2015 increased by 11.7% and reached 1 trillion 952 billion 638 million Turkish Liras at current prices and increased by 4% and reached 131 billion 273 million Turkish Liras at constant prices. The per capita gross domestic product in 2015 was 25 118 Turkish Liras and 9 257 US Dollars at current prices. Seasonally and calendar adjusted GDP increased by 0.3% compared to the previous quarter Calendar adjusted gross domestic product in the second quarter of 2016 increased by 3% compared to the same quarter of previous year. Seasonally and calendar adjusted GDP increased by 0.3% compared to the previous quarter.
Household final consumption expenditure increased by 5.2% at constant prices Household final consumption expenditure increased by 9.9% and reached 361 billion 585 million Turkish Liras at current prices, increased by 5.2% and reached 22 billion 104 million Turkish Liras at constant prices in the second quarter of 2016 compared to the same quarter of previous year. Government final consumption expenditure increased by 15.9% at constant prices Government final consumption expenditure increased by 26.4% and reached 91 billion 721 million Turkish Liras at current prices, increased by 15.9% and reached 4 billion 82 million Turkish Liras at constant prices in the second quarter of 2016 compared to the same quarter of previous year. Gross fixed capital formation decreased by 0.6% at constant prices Gross fixed capital formation increased by 8.5% and reached 118 billion 668 million Turkish Liras at current prices, decreased by 0.6% and reached 8 billion 271 million Turkish Liras at constant prices in the second quarter of 2016 compared to the same quarter of previous year. Exports of goods and services increased by 0.2% at constant prices Exports of goods and services increased by 3.4% and reached 139 billion 372 million Turkish Liras at current prices, increased by 0.2% and reached 8 billion 407 million Turkish Liras at constant prices in the second quarter of 2016 compared to the same quarter of previous year. Imports of goods and services increased by 7.7% at constant prices Imports of goods and services increased by 5.4% and reached 163 billion 665 million Turkish Liras at current prices, increased by 7.7% and reached 9 billion 796 million Turkish Liras at constant prices in the second quarter of 2016 compared to the same quarter of previous year.
