The construction sector in Turkey continues its upward momentum
The construction sector in Turkey continues its upward momentum
  International  |  Data  |  Other

The construction sector in Turkey continues its upward momentum

In the first quarter of 2025, it grew at an annual rate of 7.3%.
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RE+D magazine
06.06.2025

The construction sector in Turkey sustained its positive momentum in the first quarter of 2025, marking its tenth consecutive quarter of growth.

Although the growth rate slowed compared to the previous quarter, the country’s construction sector expanded at an annual rate of 7.3% in the first quarter of 2025, surpassing the overall GDP growth of 2%, according to data from the Turkish Building Materials Producers Association (İMSAD).

While the impact of tighter policies remained limited, reconstruction activities in the earthquake-affected region, urban transformation projects, and other construction works supported the sector, İMSAD noted in its monthly report.

Construction expenditures increased nominally by 41.8% in the first quarter, reaching 1.85 trillion Turkish lira.

In real terms, construction spending grew by 6.9% in the first quarter of the current year, with earthquake-related construction activities playing a significant role in this growth, according to the report.

The construction sector’s share of the country’s GDP was 6.2% in the first quarter, up from 5.5% in the last quarter of the previous year.