World Bank estimates 4.1 pct growth for Turkey this year

YAYINLAMA
GÜNCELLEME

According to the World Bank's Global Economic Prospects 2011 report, although economic recovery in most developing countries is not clear, Turkey is continuing to grow. The report also estimated growth of 4.1 percent and 4.3 percent in Turkey this year and next. "Turkey's gross domestic product (GDP) growth is realized as 8.1 percent for 2010," said the report. "Because of decreasing competitiveness in exportation and weaker base effect, the rate of growth will be 4.1." The report also predicted a drop in Turkey's high unemployment rate.