wiiw Forecast Reports

TURKEY: Growth will remain strong but external risks are significant


Richard Grieveson

in: Riding the Global Growth Wave
wiiw Forecast Report No. Spring 2018, March 2018 , pp. 150-153

The current report is only available to members and paying customers. Past issues become freely available online when the next report is released.

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The economy had a strong 2017, underpinned by significant government stimulus and booming external demand. Growth will be lower during the forecast period, but still robust, driven by private consumption, and helped by benign external conditions. However, the downside risks are significant. The large external financing requirement will leave Turkey exposed to a sharper-than-expected hike in US rates or change in global investor sentiment.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Turkey