The report estimated that Turkey's GDP would increase to $710.833 billion in 2014.
The figure pointed to a narrowing gap between Turkey and European countries as the change was 125.74 percent in Spain, 115.8 percent in Great Britain, 89.64 percent in France, 81.6 percent in Russia, 71.4 percent in Germany, and 66.06 percent in Italy.
The report said in 1985 and in 2009 Germany's economy was 5.49 and 3.23 times the size of Turkey's economy, respectively. The report also estimated Germany's economy would be 1.92 times the size of Turkey's economy in 2014.
The report said the share of Turkey in Europe's economy increased to 4.55 percent in 2009 from 3.4 percent in 1992 as IMF estimated that the figure would be 4.88 percent in 2014.Turkey's gross domestic product with current prices soared to $869.1 billion as of 2009 from $330.3 billion in 1992, marking a 163.12 percent increase on purchasing power parity, an IMF report said Monday.
IMF report says Turkey GDP more than doubled in 1992-2009 period
Change
$Million $Million $Million $Million 2009/1992
Countries 1985 1992 2009 2014 (%)
1 Germany 1035,5 1637,6 2807,0 3285,5 71.4
2 Russia n/a 1170,9 2126,4 2749,0 81.6
3 Great Britain 696,0 1005,9 2163,5 2654,8 115.1
4 France 746,8 1113,9 2112,3 2519,2 89.6
5 Italy 710,5 1054,4 1750,9 2021,4 66.1
6 Spain 374,5 604,1 1363,8 1567,2 125.7
7 Turkey 188,8 330,3 869,1 1132,2 163.1
8 Poland 180,6 224,4 685,6 891,4 205.5
9 The Netherlands 206,3 314,3 659,3 775,3 109.8
10 Belgium 130,5 194,8 383,3 454,0 96.7
11 Sweden 117,8 162,3 331,2 414,6 104.1
12 Ukraine n/a 266,1 294,6 401,2 10.7
13 Greece 106,3 145,8 344,4 395,0 136.2
14 Austria 109,6 162,9 323,0 382,6 98.3
15 Switzerland 120,7 172,0 314,4 362,6 82.8
16 Romania 122,7 110,7 251,7 344,9 127.5
17 Czech Rep. 97,1 111,7 254,4 322,2 127.7
18 Norway 78,1 112,7 256,3 305,5 127.4
19 Portugal 69,4 123,8 232,5 266,8 87.8
20 Denmark 75,7 104,4 202,4 243,3 93.8
21 Hungary 75,9 82,7 186,1 233,5 125.0
22 Finland 61,5 81,3 182,0 220,4 124.0
23 Ireland 31,6 50,4 174,9 202,2 247.2
24 Belarus n/a 44,6 119,6 167,9 167.9
25 Slovakia n/a n/a 115,7 156,0
26 Bulgaria 50,9 52,7 89,0 110,6 68.7
27 Serbia n/a n/a 77,8 103,6
28 Croatia n/a 34,2 79,3 100,1 132.0
29 Slovenia n/a 21,5 57,5 72,3 167.2
30 Lithuania n/a 26,5 52,7 63,6 99.3
31 Luxembourg 7,2 14,2 38,8 46,9 173.8
32 Bosnia-Herzegovina n/a n/a 29,9 40,1
33 Latvia n/a 13,7 32,3 38,5 136.6
34 Albania 7,1 6,0 22,4 31,6 272.4
35 Estonia n/a n/a 24,1 28,8
36 Greek Cypriot side 5,6 8,8 23,0 28,5 161.1
37 Macedonia n/a 10,3 18,6 24,7 80.6
38 Iceland 3,5 4,9 11,9 14,0 140.8
39 Moldova n/a 7,8 9,9 12,8 26.0
40 Malta 2,4 4,5 9,8 12,0 117.9
41 Montenegro n/a n/a 6,8 8,5
