Gross nationwide product elevated by 43.5 %

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Turkish Statistical Institute (TurkStat), the yr 2021 Corporate Sector Accounts disclosed the information. Accordingly, Gross Nationwide Product (GDP) In 2021, it elevated by 43.5 % in comparison with the earlier yr and have become 7 trillion 141 billion 887 million 817 thousand TL.

NON-FINANCIAL COMPANIES SHARE IN 2021 VALUE ADDED 58 PERCENT

Non-financial firms have been the sector that contributed essentially the most to the added worth created within the complete financial system. The share of non-financial firms within the complete worth added was 58 %. This sector was adopted by households, non-profit organizations serving households, and the overall authorities, respectively.

THE RATIO OF TOTAL GROSS SAVINGS TO GDP WAS 30.3 PERCENT IN 2021

The ratio of complete gross financial savings to Gross Home Product (GDP) was 30.3 % for the entire financial system in 2021. This price was 16.8 % for non-financial firms, 7.1 % for households, 3.2 % for monetary firms and three.2 % for basic authorities.

GROSS HOUSEHOLD SAVINGS RATE IS 11.4 PERCENT FOR 2021

The financial savings price, outlined because the ratio of family financial savings to disposable earnings, was 11.2 % in 2020 and 11.4 % in 2021.

Whereas the entire financial system was a web borrower with 4.8 % of GDP in 2020, it turned a web borrower with 1.6 % in 2021.

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