Turkey's Macroeconomic Outlook
GDP GROWTH
Real GDP Growth (2021): 11%
Exp. Real GDP Growth (2022): 3%
Source: TÜSİAD Economic Department
INFLATION
Annual Inflation Rate (2021): 38.1%
Exp. Inflation, End of Period (2022): 45%
Source: TÜSİAD Economic Department
IMPORTS
Import Value (March 2022): $30.9bn
Imports, %change y/y (March 2022): 30.7%
Source: Turkish Statistical Institute
EXPORTS
Export Value (March 2022): $22.7bn
Exports, %change y/y (March 2022): 19.8%
Source: Turkish Statistical Institute
UNEMPLOYMENT
Annual Unemployment Rate (2021): 12%
Unemployment Rate (February 2022): 10.7%
Source: Turkish Statistical Institute
CURRENT ACCOUNT
Current Account Balance, %GDP (2021): -1.8%
Exp. Current Account Balance, %GDP (2022): -4.4%
Source: TÜSİAD Economic Department
BUDGET BALANCE
Budget Balance (2021): -192bn TRY
Budget Balance, %GDP (2021): -2.7%
Source: TÜSİAD Economic Department