ANKARA, March 11 (Xinhua) -- The Turkish economy grew by 2.6 percent in 2018, the country's statistical institution announced on Monday.
According to Turkish Statistical Institute (TurkStat), Turkey's gross domestic product (GDP) by production approach with chain-linked volume index increased by 2.6 percent compared with the previous year.
The GDP at current prices increased by 19.1 percent and reached about 3.8 trillion Turkish lira (699 billion U.S. dollars) in 2018, the TurkStat said.
Meanwhile, the GDP per capita in 2018 was 45,463 Turkish liras at current prices, compared with 38,660 liras in 2017, it said.
In 2018, Turkey saw serious currency depreciation. Turkish government has sharply lowered its growth forecasts for 2019 as 2.3 percent in a medium-term economic program unveiled in September last year.
