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Turkey to surpass major economies in GDP growth, OECD predicts

 

Turkey’s GDP growth rate in the next 50 years will make the country one of the fastest growing economies, according to a recent Organization for Economic Cooperation and Development (OECD) report. At an average growth of 2.9 percent, the country will leave behind the US, Germany, Japan, the UK and France and secure itself the 7th spot place in the global top 10, OECD’s ‘Looking to 2060: Long-term growth prospects for the world’ study suggests.

 

The study covering the years between 2011 and 2060, predicts that the emerging nations, Turkey included, will lead the GDP growth in the world. Turkey was among the world's fastest-growing economies in 2010 and 2011, with 9.2 and 8.5 percent annual growth, respectively.

( source; Hurriyet - 03.01.2013 )

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