Construction output in Turkey rose by 0.5 percent year-on-year in the fourth quarter of 2016, following an upwardly revised 0.5 percent drop in the previous period. The recovery was led by civil engineering, which grew 3 percent (from 3.1 percent in Q3), while building activity fell at a slower 0.3 percent (from -1.4 percent in Q3). On a quarterly basis, construction output shrank 1.4 percent, following a 4.9 percent fall in the previous period. In 2016 as a whole, construction output expanded by 2.9 percent after rising by 1.8 percent in 2015. source: Turkish Statistical Institute
Construction Output in Turkey averaged 4.26 percent from 2006 until 2016, reaching an all time high of 22.60 percent in the third quarter of 2010 and a record low of -21.10 percent in the second quarter of 2009. This page provides the latest reported value for - Turkey Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Construction Output in Turkey is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Turkey to stand at 2.50 in 12 months time. In the long-term, the Turkey Construction Output is projected to trend around 2.50 percent in 2021, according to our econometric models.