Following Turkey, the United Kingdom, Hungary and Lithuania grew at 6.6%, 6.1% and 6%, respectively.
According to data released by the OECD, the lowest growth rates were posted by Slovakia and Japan, both growing at 1.3%.
Turkey has become the second fastest growing economy among the members of the Organization for Economic Co-operation and Development (OECD), with 7.4% growth in the third quarter of this year. According to the international group, Chile occupies the first spot, with the highest GDP growth rate of 17.3%.
Overall, the OECD regional economy grew 4.7% year-on-year in the third quarter of 2021.
Founded in 1961, the OECD is an intergovernmental economic organization consisting of 38 member countries including Australia, Belgium, Canada, Denmark, Japan, New Zealand, Switzerland and the United States.
Fiber2Fashion News Desk (KD)
Turkey’s second fastest growing OECD economy in the third quarter of 2021
Source link Turkey’s second fastest growing OECD economy in the third quarter of 2021