Domestic demand and credit expansion were effective in the growth. However, this rapid growth also brought with it debates over macroeconomic imbalances such as the current account deficit and dependence on external financing. The year was a prominent period in terms of Turkey's post-crisis economic performance.
Frequently asked questions
- What was Record Growth in Turkey?
- The Turkish economy recorded a high growth rate in 2011, following the 2008-2009 global crisis; the growth in this period was assessed as one of the rapid recoveries that drew attention worldwide.
- When did Record Growth in Turkey happen?
- 2011 CE
- Where did Record Growth in Turkey take place?
- Türkiye