The Turkish economy has maintained uninterrupted growth for 18 quarters. The sectors of services, finance and insurance, real estate, and public administration, education, human health, and social service activities have also been supporting the process for the past three years.

The Turkish economy showed a growth of 3.2% in 2024. According to data from the Turkish Statistical Institute (TÜİK), the country’s economy has been growing continuously for 18 quarters.

During this period, the services, finance and insurance, real estate, and public administration, education, human health, and social service activities sectors have not stumbled the economy. The services sector recorded growth of 12.7% in 2022, 7.5% in 2023, and 3.1% in 2024. The finance and insurance sector also grew by 20.7% in 2022, 8.5% in 2023, and 4.9% last year, while the real estate sector completed 2022 with 6.3%, 2023 with 3.9%, and 2024 with growth of 2.4%. The sector of public administration, education, human health, and social service activities grew by 3.3% in 2022, 3.9% in 2023, and 1.8% last year. Thus, these 4 sectors have been contributing positively to economic growth for the past 3 years, supporting the country’s economy.