By Gokhan Ergocun
ISTANBUL (AA) - Turkey's cultural expenditures rose by 23.4% to reach 54.38 billion Turkish liras ($11.28 billion) in 2018, according to official figures released on Tuesday.
The ratio of cultural expenses in the country's GDP was 1.5% last year, up from 1.4% in 2018, Turkish Statistical Institute (TurkStat) said.
"The 64.3% of the expenditures were the general government cultural expenditures and 35.7% were the private cultural expenditures," the institute noted.
It added that general government's cultural expenditures increased by 23.4% in the year to 34.95 billion Turkish liras ($7.25 billion), versus 2017.
In the same period, households' cultural spendings also saw a rise of 23.9% to reach 18.96 billion Turkish liras ($3.93 billion).
Over quarter of households' cultural expenses were made for television and TV broadcasting, with books/newspapers (16.5%) and data processing equipment (13.3%) following it.
"In 2018, the turnover value of the enterprises' total cultural goods and services increased by 11.3% compared to 2017 and reached 38.99 billion Turkish liras ($8.08 billion)," TurkStat said.
Turkey's cultural goods exports were 34.1 billion Turkish liras ($7.07 billion) in 2018, while its imports were 22.7 billion Turkish liras ($4.7 billion).
The average U.S. dollar/Turkish lira rate was 4.82 in 2018.