Turkish economy grew at a rate of 3.87% during the second quarter of 2025, according to a survey conducted among a group of expert economists, just days before the Turkish Statistical Institute (TÜİK) releases official data on Turkey’s GDP growth between April and June this year.
According to the results of the survey conducted by the Turkish agency Anatolia among 13 economists, the experts estimated a growth of the Eurasian country’s economy for the second quarter varying between 2.2% and 5%, while for the whole year 2025 the economists consulted calculated on average a 3.18% GDP growth, with estimates varying between 2.7% and 4.1%. The forecast for 2026 remains at around 3.83%.
During the second quarter of last year, the Turkish economy grew at 2.4%, while in the first quarter of 2025 Turkey’s GDP increased by 2% compared to the same period last year. In its medium-term economic programme, the Turkish government has set a growth target of 4% by 2025 to generate $1.47 trillion and a per capita income of $17,028, while by 2026 and 2027 Ankara has set growth rates of 4.5% and 5%, respectively.
Meanwhile, Turkey’s unemployment rate fell to 8% of the labour force in July from 8.4% in June, according to data released Friday by the Turkish Statistical Institute, which showed a drop in the number of unemployed by 164,000 to 2.82 million, with unemployment among men at 6.5% and among women at 10.9%. Youth unemployment (15-24 age group) also fell by 0.9 points to 15%: 11.3% among men and 21.7% among women.
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Edited and reviewed by:
Pablo Gómez is a specialist in Turkey and has been editor-in-chief of Hispanatolia since 2011. He has been analysing current affairs and geopolitics in Turkey and the surrounding region since 2006.
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