World Bank Shared 2026 Growth Forecast for Turkish Economy
The international financial institution announced Turkey's growth expectation for this year, accompanied by tightening in economic policies and rising energy costs.
The World Bank expects the Turkish economy to register a growth rate of 2.8 percent in 2026, driven by implemented tightened economic policies and the rise in imported energy prices.
2026 Growth Expectation
According to current data shared by the World Bank, the Turkish economy is projected to grow by 2.8 percent in 2026. This rate was determined by taking into account tightened economic policies and the increase in imported energy prices.
Medium-Term Growth Rates
In the forecast report prepared by the institution, the growth rate is expected to rise to the 3.8 percent level in 2027. In 2028, this rate is projected to increase to 4.5 percent.
Factors Suppressing Domestic Demand
Tight credit conditions, declining real wages, and rising diesel prices rank among the main elements suppressing domestic demand. It is stated that the adopted tight policies have weakened consumer spending.
Status of the Export Market
Weak demand in the European Union market, geopolitical uncertainties, and increasing global competitive pressures are leading Turkey's export front to follow a stagnant course.