Turkish Statistical Institute

Unemployment rate slides to 11.2 percent in October

The seasonally adjusted unemployment rate in Turkey decreased by 0.2 points to 11.2 percent in October, the Turkish Statistical Institute (TÜİK) said on Dec. 10.

"The number of unemployed persons aged 15 years old and over decreased by 75,000 to 3.71 million persons in the October," said TÜİK in a statement on its website.

Istanbul has 30 pct of national GDP

Istanbul had the highest share of gross domestic product with 30.1 percent in 2020, the Turkish Statistical Institute (TÜİK) announced on Dec. 9.

Istanbul was followed by the capital city Ankara (9.6 percent) and the Aegean province of İzmir (6.1 percent), it added.
The highest GDP per capita was estimated for Istanbul with 97,950 Turkish Liras in 2020.

‘CHP will vote against gov’t’s 2022 budget’

Main opposition Republican People's Party (CHP) leader Kemal Kılıçdaroğlu on Dec. 6 said the government's 2022 budget submitted to the parliament vote is a "conspiracy budget" and his party will vote against it.

"We will say no to this budget," he said, addressing the parliament during the budget talks.

OECD cuts world growth forecast, warns of Omicron threat

The Organization for Economic Co-operation and Development (OECD) has revised up its 2021 growth forecast for Turkey by 0.6 percentage points to 9 percent.

"In the absence of further shocks, GDP growth is projected to be 9 percent in 2021 before easing to 3.3 percent in 2022 and 3.9 percent in 2023," the OECD said in its Economic Outlook report released on Dec. 1.