Türkiye’s economy grew 2.3% year-over-year in the second quarter of 2026, official data showed Monday.
Gross domestic product (GDP) expanded 1.1% from the previous quarter on a seasonally and calendar-adjusted basis, according to the Turkish Statistical Institute (TurkStat).
Agriculture, forestry and fishing recorded the strongest annual growth among economic activities, with value added rising 13.3% in the April-June period.
Information and communication grew 8.6%, followed by public administration, education, human health and social work activities at 4%.
Value added increased 3.2% in other service activities, 2.4% in industry, and 2.1% each in financial and insurance activities and real estate.
Professional, administrative and support services expanded 2%, while trade, transportation, accommodation and food services posted growth of 0.5%.
Construction was the only major sector to contract, falling 1.9% from a year earlier.
At current prices, Türkiye’s GDP rose 36% year-over-year to 19.87 trillion Turkish liras ($438.35 billion) in the second quarter.
Household final consumption expenditure increased 3.5% annually in volume terms, while government consumption declined 1.8%.
Gross fixed capital formation, a measure of investment, grew 0.6% from the same period last year.
Exports of goods and services fell 3.4% year-over-year, while imports decreased by a sharper 6.4%.
Annual GDP grows 3.7% in 2025
Separately, TurkStat’s independent annual GDP calculations showed that the Turkish economy expanded 3.7% in 2025.
GDP at current prices increased 41.6% to 63.24 trillion liras last year, while GDP per capita stood at 714,682 liras, or $18,103.
Manufacturing accounted for the largest share of GDP at 15.6%, followed by wholesale and retail trade and motor vehicle repairs at 12.9%, and real estate activities at 9.2%.
Construction posted the strongest sectoral growth in 2025, rising 11%, followed by arts, entertainment and recreation at 8.5%, and information and communication at 7.9%.
Agriculture, forestry and fishing contracted 8.5%, while water supply, sewerage and waste management declined 5%.
Household consumption grew 4.2% in 2025 and accounted for 54.4% of GDP. Gross fixed capital formation increased 7.3%, while government consumption rose 1%.
Exports of goods and services declined 0.6%, while imports increased 4.6% last year.
