WB lowers forecast for economic growth in Turkey

16:36 - 8.10.2026


October 8, Fineko/abc.az. The tightening of economic policy and rising prices for imported energy resources will slow down the growth of the Turkish economy from 3.7% in 2025 to 2.8% in 2026, according to World Bank’s report.

Growth will accelerate to 3.8% in 2027 and 4.5% in 2028.

At the same time, policy tightening weakened domestic demand and helped to contain inflation. Tight credit conditions, slower growth in real wages and higher prices for diesel fuel remain constraining factors.

The WB estimates that economic growth in Europe and Central Asia will slow to 2.2% in 2026 from 2.6% in 2025.