GDP with chain linked volume index (2009=100) increased by 2.0% compared with the same quarter of the previous year in the first quarter of 2025.
Construction increased by 7.3% in the first quarter of 2025
When the activities which constitute gross domestic product were analyzed; the value added increased by 7.3% in construction, 6.1% in information and communication, 4.7% in other service activities, 4.0% in professional, administrative and support service activities, 2.4% in real estate activities, 1.8% in taxes less subsidies on products, 1.3% in services, 0.5% in financial and insurance and 0.3% in public administration, education, human health and social work activities. Agriculture, forestry and fishing and industry sector decreased by 2.0% and 1.8% respectively.
GDP, Percentage change at A10(1) level by branches of economic activity, Quarter I: January-March, 2025
(1) A-Agriculture, forestry and fishing, BCDE-Industry, F-Construction, GHI-Services, J-Information and communication, K-Financial and insurance activities, L-Real estate activities, MN-Professional, administrative and support service activities, OPQ-Public administration, education, human health and social work activities, RST-Other service activities.
Seasonally and calendar adjusted GDP with chain linked volume index (2009=100) increased by 1.0% compared with previous quarter. Calendar adjusted GDP with chain linked volume index (2009=100) increased by 2.7% compared with the same quarter of the previous year in the first quarter of 2025.
GDP Percentage Rate, Quarter I: January-March, 2025
GDP reached 12 trillion 125 billion 173 million TRY at current prices in the first quarter of 2025
GDP increased by 36.7% and reached 12 trillion 125 billion 173 million TRY at current prices. GDP realized 335 billion 504 million US Dollars in the first quarter of 2025.
GDP results, Quarter I: January-March, 2025
Final consumption expenditure of resident households increased by 2.0% in the first quarter of 2025
Final consumption expenditure of resident households increased by 2.0%, government final consumption expenditure increased by 1.2% and gross fixed capital formation increased by 2.1% in the first quarter of 2025 compared with the same quarter of the previous year in the chain linked volume index.
Exports of goods and services decreased by 0.01%, imports increased by 3.0%
Exports of goods and services decreased by 0.01% in the first quarter of 2025 compared with the same quarter of the previous year in the chain linked volume index, imports of goods and services increased by 3.0%.
Percentage change of GDP by expenditure approach, Quarter I: January-March, 2025
Compensation of employees increased by 42.9% in the first quarter of 2025
Compensation of employees increased by 42.9% and net operating surplus/mixed income increased by 31.2% in the first quarter of 2025 compared with the same quarter of the previous year.
The share of compensation of employees in Gross Value Added was 43.7%
The share of compensation of employees in the Gross Value Added at current prices was 43.7% in the first quarter of 2025 while it was 41.7% in the previous year. The share of net operating surplus/mixed income was 35.0% while it was 36.4% in the same quarter of the previous year.
Share of components of income approach in Gross Value Added, Quarter I: January-March, 2025
