Türkiye's Economy Sees 3.7% Growth in Q3

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Türkiye's Economy Sees 3.7% Growth in Q3

Official figures released on Monday showed that Türkiye's economy grew by 3.7 percent year-on-year in the third quarter of 2025, falling short of economists' forecasts but surpassing quarterly expectations with a strong 1.1 percent increase.

Agriculture bucked the trend, contracting 12.7 percent year-on-year due to seasonal pressures and weather impacts, The Caspian Post reports citing Turkish media.

Household final consumption expenditures, a key engine, increased 4.8 percent in chained volume terms.

Government spending rose a modest 0.8 percent, while gross fixed capital formation - a proxy for investment - jumped 11.7 percent.

On the external front, exports of goods and services dipped 0.7 percent, while imports climbed 4.3 percent, widening the trade gap slightly.Income components showed vigor too: Labor payments swelled 41.1 percent, and net operating surplus/mixed income surged 43.5 percent.

Labor's share in gross value added held steady at 35 percent, while the surplus portion ticked up to 46.7 percent from 46 percent a year earlier.

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Official figures released on Monday showed that Türkiye's economy grew by 3.7 percent year-on-year in the third quarter of 2025, falling short of economists' forecasts but surpassing quarterly expectations with a strong 1.1 percent increase.