Turkish economy grows 2.5 pct in first quarter of 2026
Türkiye’s economy expanded 2.5 percent year-on-year in the first quarter of 2026, official data showed Monday.
Gross domestic product (GDP), measured by the chain-linked volume index, grew 2.5 percent in the January-March period compared with the same quarter a year earlier, according to the Turkish Statistical Institute (TurkStat).
The growth rate slowed from 3.4 percent in the previous quarter and came in below market expectations of 2.7 percent.
At current prices, GDP rose 35.7 percent year-on-year to 16.99 trillion Turkish liras ($389.6 billion) in the first quarter.
