Turkish economy expected to grow by 3.1% in 2024

Following growth rates of 5.3%, 2.4%, and 2.1% in 1st 3 quarters, Türkiye expects to post around 3% GDP growth rate in Q4

By Mert Davut and Gokhan Ergocun

The Turkish economy is expected to grow by 2.98% in the last quarter of 2024 and 3.12% in the year of 2024.

The growth figures of the Turkish economy will be announced Friday by the Turkish Statistical Institute (TurkStat).

Economists participating in an Anadolu survey predicted that the Turkish economy would grow by 2.98% on an annual basis in the fourth quarter of last year.

The average of economists' growth expectations for the whole of 2024 is 3.12%.

The country's economy grew by 5.3% in the first quarter of 2024, 2.4% in the second quarter, and 2.1% in the third quarter.

Kaynak:

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