11:06 - 7.10.2025
October 7, Fineko/abc.az. In the 2nd quarter of 2025, the member countries of the Organization of Turkic States demonstrated sustained economic growth. Overall GDP growth rate of the OTS countries averaged 5.4%, which is twice the global growth rate (2.3%).
ABC.AZ reports, referring to the Turkic Economic Review for Q2 of 2025, presented by the Center for Analysis of Economic Reforms & Communications (CAERC) in cooperation with the OTS Secretariat.
According to the report, overall GDP of the OTS countries amounted to $1.112 trillion.
The rapid economic growth seen in the Turkic states has been supported by investments in infrastructure, the energy sector, and digital innovations. Kazakhstan, Turkmenistan and Uzbekistan demonstrated high GDP growth rates - 6.2%, 6.3% and 7.2%, respectively. In the Turkish Republic of Northern Cyprus (TRNC), growth was 6.4%, in Kyrgyzstan - 11.7%. The economy of Azerbaijan grew by 1.5% and in Turkey - by 3.6%. Hungary achieved 0.1% growth, mainly due to development of the digital and green sectors.
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