2027 Economic Targets from the Ministry of Treasury and Finance

In the program prepared by the Ministry of Treasury and Finance and the Presidency of Strategy and Budget, the growth target for the Turkish economy in 2027 was set at 4.2 percent.

In the program prepared by the Ministry of Treasury and Finance and the Presidency of Strategy and Budget, the fundamental indicators and targets for the Turkish economy were determined. Accordingly, while the growth realization estimate for this year is 3.3 percent, the economy is projected to grow by 4.2 percent in 2027. While inflation is estimated to be 28.4 percent by the end of this year, the target for the end of next year was recorded as 21 percent.

Within the framework of the projected growth, employment is expected to increase by 657 thousand people in 2027. While the unemployment rate is projected to be 8.1 percent this year, the target for next year was set at the 8 percent level. Exports are projected to reach 282 billion dollars by the end of 2026 and 292 billion dollars next year; imports are projected to reach 387 billion dollars this year and 397 billion dollars in 2027. The foreign trade deficit is estimated to be 105 billion dollars next year, the current account deficit is estimated to be 38.5 billion dollars, and the ratio of the deficit to the gross domestic product is estimated to be 1.9 percent.