Turkey is predicted to become the world's 5th fastest growing economy 2013
Turkey is predicted to become the world's 5th fastest growing economy and among the top twenty of the world's economies in the late AVVID-2013, according to a report.
China is at the top with an expectation of 7-8% increase, followed by Indonesia at 5-6%, 4-5%, India and Saudi Arabia in the 3.5 to 4.5% by the end of 2013.
By 2014, China is expected to reach the top again as with growth of 7-8%, followed by Indonesia at 5-6%, India 4.5 to 5.5% and Turkey and Saudi Arabia in 3.5-4.5%.
Turkey is expected to reach a growth rate of 3.5-4.5% in 2015 and become the fourth-fastest growing economy among twenty world economies in 2014 and 2015.
The report also states that the most tapered economy is expected to become Italy by 2-1%, followed by European Zone by 1% at the end of the year.