Quarterly Gross Domestic Product in Türkiye, Quarter IV: October-December, 2022
Gross Domestic Product obtained by addition of four quarters with chain linked volume index (2009=100), increased by 5.6% in 2022 compared with the previous year.
Gross domestic product at current prices increased by 107.0% and reached 15 trillion 6 billion 574 million TRY in 2022 compared with the previous year.
Gross Domestic Product per capita was 176 589 TRY in 2022
The gross domestic product per capita was 176 589 TRY and 10 655 US Dollars at current prices in 2022.
Financial and insurance activities increased 21.8% in 2022
GDP increased by 3.5% in the fourth quarter of 2022
Seasonally and calendar adjusted GDP with chain linked volume index (2009=100) increased by 0.9% compared with the previous quarter
GDP reached 4 trillion 800 billion 717 million TRY at current prices in the fourth quarter of 2022
Gross domestic product increased by 106.2% and reached 4 trillion 800 billion 717 million TRY at current prices. GDP realized 262 billion 669 million US Dollars in the fourth quarter of 2022.
Final consumption expenditures of households increased by 19.7% in 2022
Final consumption expenditures of households increased by 16.1% in the fourth quarter of 2022
Exports of goods and services increased by 9.1%, imports increased by 7.9% in 2022
Compensation of employees increased by 82.7% in 2022
Compensation of employees increased by 82.7% while net operating surplus/mixed income increased by 115.2% in 2022. Compensation of employees and net operating surplus/mixed income are increased by 103.3% and 104.9% in the fourth quarter of 2022 compared with the same quarter of the previous year, respectively.
The share of compensation of employees in Gross Value Added was 26.5% in 2022
The share of compensation of employees in the Gross Value Added at current prices was 26.5% in 2022 while it was 30.1% in the previous year. The share of net operating surplus/mixed income was 54.5% while it was 52.5% in the previous year.
The next release on this subject will be on May 31, 2023.
Source: TurkStat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.