Turkey’s gross national income rises by 43.5% in 2021

Gross National Income (GNI) increased by 43.5% compared to the previous year and reached 7 trillion 141 billion 887 million 817 thousand TRY in 2021, according to the Turkish Statistical Institute.

The share of non-financial corporations in total value added was 58% in 2021

Non-Financial corporations sector contributed the highest value added to the total economy. 58% of the total value added in 2021 was created by non-financial corporations sector. This sector was followed by household and NPISH and general government, respectively.

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The ratio of gross savings to GDP was calculated as 30.3% in 2021

The ratio of gross savings to Gross Domestic Product (GDP) was calculated as 30.3% in 2021. The share of non-financial corporations gross saving was calculated by 16.8%, households by 7.1%, financial corporations by 3.2% and general government by 3.2% respectively.

Households gross saving ratio was calculated as 11.4 % in 2021

While the share of households gross saving value in disposable income was 11.2% in 2020, it was calculated as 11.4% in 2021.

The ratio of Net lending/net borrowing transactions to GDP for total economy was -1.6% in 2021

According to net lending/net borrowing transactions, the total economy, which was a net borrower of 4.8 % of GDP in 2020, became a net borrower of 1.6 % of GDP in 2021. (ILKHA)