While the Turkish economy has been continuing its uninterrupted growth for 18 quarters, services, finance and insurance, real estate and public administration education, human health and social activities sectors have been positive for 3 years.
According to the data compiled from the Turkish Statistical Institute (TURKSTAT), the Turkish economy grew by 3.2 percent in 2024. Thus, the country’s economy has continued to grow uninterruptedly for 18 quarters. In this process, services, finance and insurance, real estate and Public Administration Education, Human Health and Social Service Activities sectors did not bring the back of the economy to the ground.
The services sector grew 12.7 percent in 2022, 7.5 percent in 2023 and 3.1 percent in 2024. The finance and insurance sector completed 20.7 percent in 2022, 8.5 percent in 2023, 4.9 percent last year, while the real estate sector completed 2022 with 6.3 percent, 2023 percent with 3.9 percent, 2024 with 2.4 percent.
Public Administration Education, Human Health and Social Service Activities sector grew by 3.3 percent in 2022, 3.9 percent in 2023 and 1.8 percent last year.
Thus, these 4 sectors have contributed to the national economy by positively influenced growth for 12 quarters in the last 3 years.
