TUIK (Turkish Statistical Institute) had been working on harmonizing its GDP calculation method with the most recent international standards from 2013 on. The first revised figures were published at the end of 2016. After the revision, the construction market size was measured twice as large for 2015 as it was considered earlier.
This presentation is about the revised construction size and EECFA’s opinion: Turkey’s GDP and Construction Investment
Prepared by Janos Gaspar (EECFA Research)