wiiw Forecast Reports
TURKEY: Growth will remain strong but external risks are significant
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in: Riding the Global Growth Wave
wiiw Forecast Report No. Spring 2018, March 2018 , pp. 150-153
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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