2027 targets of the Turkish economy are in the Official Gazette

The program covering the next year, prepared by the Ministry of Treasury and Finance and the Strategy and Budget Directorate, included the basic economic quantities and targets for the Turkish economy.

Accordingly, while the growth forecast for this year was 3.3 percent, the economy was predicted to grow 4.2 percent in 2027.

While inflation is estimated to be 28.4 percent at the end of this year, the target for the end of next year is 21 percent.

Within the framework of the projected growth, employment is expected to increase by 657 thousand people in 2027. While the unemployment rate is expected to be 8.1 percent this year, the target for next year is recorded as 8 percent.

It was predicted that exports would reach 282 billion dollars by the end of 2026 and rise to 292 billion dollars next year.

It was estimated that imports will be 387 billion dollars at the end of this year, will rise to 397 billion dollars in 2027, and the foreign trade deficit will be 105 billion dollars next year.

It was predicted that the current account deficit would be recorded at 38.5 billion dollars in 2027, and the ratio of the deficit to gross domestic product would be 1.9 percent.

Source: TRT Haber Ekonomi RSS (Open Press / Translated Full Text)