Turkey Economic Growth

The unwinding of the government’s fiscal stimulus and the recent deterioration in fundamentals will weigh on the country’s economic prospects this year. Similarly, persistent political noise and a volatile lira will continue to tame investors’ appetite for Turkish assets. The FocusEconomics panel expects growth of 3.7% this year, which is up 0.2 percentage points from last month’s estimate. Our panel also expects growth of 3.7% in 2019.