Turkey’s economy grows 3.6% in 2025, just below forecasts

Forecasting

Making predictions based on available data

Forecasting is the process of making predictions based on past and present data. These forecasts can later be compared with actual outcomes. For example, a company might estimate their revenue in the next year, then compare it against the actual results creating a variance actual analysis.

Economic growth

Measure of increase in market value of goods

In economics, economic growth is an increase in the quantity and quality of the economic goods and services that a society produces. It can be measured as the increase in the inflation-adjusted output of an economy in a given year or over a period of time. The rate of growth is typically calculated ...

Gross domestic product

Market value of goods and services produced within a country

Gross domestic product (GDP) is a monetary measure of the total market value of all of the final goods and services which are produced and rendered during a specific period of time by a country or countries. GDP is often used to measure the economic activity of a country or region. The major compone...

Istanbul

Largest city in Turkey

Istanbul is the largest city in Turkey, constituting the country's economic, cultural, and historical center. With a population over 15 million, it is home to 18% of the population of Turkey. Istanbul is among the largest cities in Europe and in the world by population.

Economy of Turkey

Turkey has an emerging free-market economy. It ranked as the 16th-largest in the world and 7th-largest in Europe by nominal GDP in 2025. It also ranked as the 11th-largest in the world and 5th-largest in Europe by PPP in 2025.