2024: OECD raises Türkiye's growth forecast to 3.4%, with inflation expected to remain elevated.

The OECD has revised up Türkiye's 2024 growth forecast to 3.4%, with the real GDP growth projected to slow from 4.5% in 2023 to 3.4% in 2024. Inflation is expected to remain elevated over 2024 and 2025. Despite tighter financial conditions, the OECD expects solid domestic demand growth at the beginning of 2024. The Turkish economy is forecasted to grow at 3.2% in 2025.

May 02, 2024
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