Minister Bolat reported that the country's economy, which closed last year with 5.1% growth, achieved 3.8% growth in the first 6 months of this year.
Bolat said, "Our country's economy, which closed last year with 5.1% growth, achieved 3.8% growth in the first 6 months of this year, and the biggest contribution to this was the net exports of goods and services. We increased our per capita national income to 13 thousand 243 dollars as of the end of last year. God willing, we will approach the 15 thousand dollar limit by the end of this year."
Minister Bolat said, "World conditions are not very bright politically, geopolitically, in terms of trade, and economically. Despite this, Turkey's exporters have achieved truly self-sacrificing and heroic results in both services and goods. I sincerely congratulate them all. When we look at the world, there was approximately 23.8 trillion dollars of merchandise exports last year, and world exports decreased by 5 percent in merchandise exports. In services exports, on the other hand, there was a total export of 7.9 trillion dollars with an increase of 8.3 percent last year. So, the total exports of goods and services in the world was 31.6 trillion dollars. Let me put it this way. The world services exports, which was 6.4 trillion dollars in 2019, suffered a very heavy blow during the pandemic. It had decreased to 5.3 trillion dollars; but it managed to increase back to 7.9 trillion dollars as of 2023 in the 3 years that have passed."
"WE ACHIEVED AN INCREASE OF 6.7 BILLION DOLLARS IN THE FIRST 10 MONTHS"
Bolat said, "Our country's economy, which closed last year with 5.1% growth, achieved 3.8% growth in the first 6 months of this year, and the biggest contribution to this was the net exports of goods and services. The 1.4 point contribution was included within the 3.8. We increased our per capita national income to 13 thousand 243 dollars as of the end of last year. God willing, we will approach the 15 thousand dollar limit by the end of this year. As of the first half of this year, we reached a Turkey national income of 1.2 trillion dollars. Of course, we achieved these successes thanks to the dynamic investments, production, exports, and increasing employment of our private sector. As of the first 10 months of this year, we reached 216.4 billion dollars in merchandise exports. We had an increase of 3.2%. We broke monthly export records in 12 of the last 16 months. When we look at it, we achieved an increase of 6.7 billion dollars in our exports in the first 10 months of this year. We achieved a saving of 22 billion dollars in our imports, thus, we all together achieved a reduction of 28.7 billion dollars in our foreign trade deficit. Our current account deficit also decreased from 55.6 billion dollars to 9.7 billion dollars as of this September within the last 15 months. As of September this year, our 9-month current account deficit decreased to only 5.3 billion dollars. Especially in current transactions, we expect to give a surplus in October as well, God willing. Thus, we will have shown the success of giving a surplus in current transactions for 5 consecutive months as a country"