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Gross domestic product in turkish economy

2023-03-23  

Gross domestic product is an economic measure used to measure the total value of goods and services produced in a country over a specified period, usually one year. Gross domestic product is calculated by adding the value of all goods and services produced within the country's geographic borders, including goods and services produced by foreign residents.
According to official statistics for the year 2021, Turkey's GDP is about 934.4 billion USD. This GDP is made up of several different economic sectors, including agriculture, industry, and services.
The Gross Domestic Product (GDP) is an important measure of the health of a country's economy, as it can be used to measure the growth of the economy, analyze economic trends, and make appropriate economic decisions. Turkey seeks to increase the gross domestic product by promoting investments, developing new industries and increasing productivity in various sectors.