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Erdogan Says Turkey’s Economy Strengthened Against Global Shocks
(MENAFN) Turkish President Recep Tayyip Erdogan has said that Türkiye’s economy has been strengthened against global disruptions, highlighting growth indicators including national income, trade volume, and employment figures, according to reports.
Speaking at an event at the Union of Chambers and Commodity Exchanges of Türkiye in Ankara, Erdogan said the government has elevated the country across multiple sectors over the past 23.5 years, building economic performance on production, employment, investment, and exports.
He said Türkiye’s economy expanded by 3.6% last year despite regional instability, with national income reaching $1.6 trillion and per capita income rising to $18,040.
Erdogan also pointed to improvements in labor market conditions, stating that the unemployment rate had fallen to 8.1%.
He added that foreign trade volume reached $820 billion, while combined goods and services exports climbed to $396 billion, with a target of exceeding $400 billion in the near future.
The president further highlighted strong export performance, noting that April exports rose 22.3% year-on-year to $25.4 billion, marking one of the highest monthly figures in the country’s history.
He also said annualized goods exports increased by 4.2% to $275.8 billion in 2026, alongside $88.6 billion recorded in the January–April period.
Speaking at an event at the Union of Chambers and Commodity Exchanges of Türkiye in Ankara, Erdogan said the government has elevated the country across multiple sectors over the past 23.5 years, building economic performance on production, employment, investment, and exports.
He said Türkiye’s economy expanded by 3.6% last year despite regional instability, with national income reaching $1.6 trillion and per capita income rising to $18,040.
Erdogan also pointed to improvements in labor market conditions, stating that the unemployment rate had fallen to 8.1%.
He added that foreign trade volume reached $820 billion, while combined goods and services exports climbed to $396 billion, with a target of exceeding $400 billion in the near future.
The president further highlighted strong export performance, noting that April exports rose 22.3% year-on-year to $25.4 billion, marking one of the highest monthly figures in the country’s history.
He also said annualized goods exports increased by 4.2% to $275.8 billion in 2026, alongside $88.6 billion recorded in the January–April period.
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