Ministry of Trade Republic of Türkiye – Economic Outlook, Jan 2025

The report by Ministry of Trade Republic of Türkiye "Economic Outlook, Jan 2025" analyzes Türkiye's recent economic performance and industrial trends. This report outlines the growth trends of the Turkish economy, highlighting a 2.1% GDP growth in the third quarter of 2024. It provides historical data on Türkiye's economic growth from 2003 to 2023, with an annual average growth rate of 5.4%. The report also discusses the industrial sector, noting a decrease in the Capacity Utilization Rate to 74.6% in January 2025, and an increase in the Industrial Production Index in November 2024. These indicators reflect both the challenges and developments in Türkiye's economic landscape.