ANKARA
Turkish economists say the country's economy grew by 2.3 percent in the last quarter of 2014 and 2.7 percent in the year overall.
The highest economic growth percentage predicted for Q4 2014 among the economists, who took part in Anadolu Agency's Growth Expectation Survey released on Tuesday, was 3.8 percent while the lowest was 1.2 percent.
The survey said economists expected 2.7 percent year-end growth in 2014, which was at 4 percent in 2013.
The highest expectation by economists for year-end growth last year was 3.1 percent and the lowest 2.4 percent.
Economists expect the country will grow 3.3 percent in 2015.
'Fine' growth
Turkey’s growth rate was 4.8 percent in the first quarter of 2014, but slowed in second quarter to 2.2 percent, according to latest data from TurkStat.
The country’s growth rate slowed further in Q3 to 1.7 percent, compared to 4.2 percent in Q3 of last year.
Deputy PM Ali Babacan, who is responsible for the Turkish economy, said in early January said a Turkish growth rate for 2014 at 3 percent was "fine" and that Turkey would be one of fastest growing economies in the EU in 2015.
"Turkey can hit its inflation target of 6.3 percent and its growth rate target of 4 percent easily in 2015 with a decline in oil prices," Babacan added.
