Economic Growth and Forecasts: March 2025

Growth in the First Quarter Continues

Ozan Bakış, Oğuz Yurtoğlu

In light of the fully-released January and partly-released February leading indicators, we expect the Turkish economy to grow by 4.5 percent in the first quarter of 2025 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 1,4 percent.

pdf. EconomicGrowthForecasts2025M03