Turkey's Gross Domestic Product or GDP at constant prices fell 6.2% year-on-year in the fourth quarter, reversing from a revised 1.2% rise in the third quarter. Economists expected GDP to fall 5.4% in the fourth quarter.

At current prices, the GDP growth decreased to 5.7% in the fourth quarter from 13.2% in the third quarter.

In 2008, the GDP grew 1.1% at constant prices and 12.7% at current prices compared to the previous year.

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