Output gap measured as a difference between actual and potential gdp growth reached -4.63% in 2014 in Turkey, according to the National Statistical Office. This is 14.1% less than in the previous year.
Historically, output gap measured as a difference between actual and potential GDP growth in Turkey reached an all time high of 7.07% in 2006 and an all time low of -8.50% in 2001.
Turkey has been ranked 25th within the group of 34 countries we follow in terms of output gap measured as a difference between actual and potential GDP growth.
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