IMF Forecasts Türkiye’s Economy to Grow 2.7% in 2024 and 3.2% in 2026 Amid Policy Shifts

The International Monetary Fund (IMF) raised its 2025 growth forecast for the Turkish economy from 2.6% to 2.7% in a positive signal. However, the IMF, which lowered its global growth forecast from 3.3% to 2.8%, pointed to uncertainties in the world economy. Turkey stands out as one of the rare countries that continues to grow in this challenging global environment. Here are the details...

IMF Forecasts Türkiye’s Economy to Grow 2.7% in 2024 and 3.2% in 2026 Amid Policy Shifts

The International Monetary Fund (IMF) has projected that Türkiye’s GDP growth rate will slow to 2.7% in 2024 but is expected to rise to 3.2% by 2026 due to recent transformations in monetary policy. The projections were outlined in the IMF’s Spring 2025 World Economic Outlook Report. In the report, the IMF reiterated its previous forecast from October 2024 that Türkiye’s economy would grow by 2.7% this year. In a January 2025 interim report, the…

Due to global trade wars and policy uncertainties, the International Monetary Fund (IMF) lowered its growth expectations for the world to 2.8 percent in 2025 and 3 percent in 2026. Although the IMF lowered its global economic growth expectations, it revised its expectations for Turkey upwards from 2.6 to 2.7.

IMF raises Türkiye's growth forecast; announces 2025 inflation forecast