Turkey Forecast: Real GDP Growth
Turkey Real GDP Growth is forecasted to be 6.000 % in Dec 2021 as reported by International Monetary Fund. It records a decrease from the last reported number of 1.200 % in Dec 2020. Looking ahead, Turkey Real GDP Growth is projected to stand at 3.494 % in Dec 2025. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.
View Turkey's Forecast: Real GDP Growth from 1980 to 2025 in the chart:
What is Turkey's Forecast: Real GDP Growth in 2025?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3.494 2025 | 3.535 2024 | -5.750 2001 | 11.200 2011 | % | yearly | 1980 - 2025 |
Forecast: Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 4.012 2025 | yearly | 2003 - 2025 |
| Albania (%) | 3.429 2025 | yearly | 1980 - 2025 |
| Algeria (%) | 0.949 2025 | yearly | 1980 - 2025 |
| Angola (%) | 2.892 2025 | yearly | 1980 - 2025 |
| Antigua and Barbuda (%) | 3.670 2025 | yearly | 1980 - 2025 |
| Argentina (%) | 1.703 2025 | yearly | 1980 - 2025 |
| Armenia (%) | 4.500 2025 | yearly | 1993 - 2025 |
| Aruba (%) | 1.100 2025 | yearly | 1996 - 2025 |
| Australia (%) | 2.542 2025 | yearly | 1980 - 2025 |
| Austria (%) | 1.646 2025 | yearly | 1980 - 2025 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.5 Jun 2020 | quarterly | Dec 2006 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -580.134 Oct 2020 | monthly | Jan 2006 - Oct 2020 |
| Tax Revenue (USD mn) | 10,153.886 Dec 2020 | monthly | Jan 2006 - Dec 2020 |
| Tax Revenue: % of GDP (%) | 17.1 Sep 2020 | quarterly | Mar 2006 - Sep 2020 |
| National Government Debt (USD mn) | 247,523.1 2019 | yearly | 2001 - 2019 |
| Government Debt: % of GDP (%) | 39.4 Jun 2020 | quarterly | Dec 2001 - Jun 2020 |
| Forecast: Government Expenditure (TRY bn) | 3,254.416 2025 | yearly | 2000 - 2025 |
| Forecast: Government Net Debt (TRY bn) | 4,457.983 2025 | yearly | 2000 - 2025 |
| Forecast: Government Revenue (TRY bn) | 2,597.422 2025 | yearly | 2000 - 2025 |
| General Budget: ytd: Revenue (TRY th) | 912,490,285.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 1,042,301,431.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 538,459,790.950 Dec 2020 | monthly | Jan 2006 - Dec 2020 |
| General Budget: ytd: Revenue: Tax (TRY th) | 754,592,889.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 31,146,981.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 262,210,898.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
| General Budget: ytd: Balance (TRY th) | -129,811,146.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
| Central Government Debt: External (TRY mn) | 538,505.357 Mar 2019 | monthly | Jan 2002 - Mar 2019 |
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