Economic Growth and Forecasts: August 2025

Growth in the Second Quarter Continues
Ozan Bakış, Oğuz Yurtoğlu

In light of the fully-released April, May and June leading indicators, we expect the Turkish economy to grow by 5.1 percent in the fourth quarter of 2024 compared to the same quarter of the previous year. According to seasonal and calendar-adjusted data, we forecast quarter-on-quarter GDP growth to be 1.1 percent.

pdf. EconomicGrowthForecasts2025M08