02.03.2026 13:23
The Turkish economy grew by 3.6% in 2025. Following this data, Minister of Treasury and Finance Mehmet Şimşek shared that the Turkish economy grew by 3.6% in 2025, stating, "National income has risen to 1.6 trillion dollars, and per capita income has increased to 18,040 dollars. We anticipate that we will be included in the group of high-income countries, which is a critical threshold for our goal of permanent welfare increase, in 2025."
The Turkish economy grew by 3.6% last year. The Turkish Statistical Institute (TÜİK) announced the Gross Domestic Product (GDP) results for 2025. Accordingly, the Turkish economy recorded a growth of 3.6% last year and 3.4% in the last quarter of 2025. Thus, the Turkish economy has extended its growth trend to 22 quarters.
"NATIONAL INCOME ROSE TO 1.6 TRILLION DOLLARS"
Following this data, the Minister of Treasury and Finance, Mehmet Şimşek, made a statement on his social media account, saying, "In 2025, our economy grew by 3.6% and national income rose to 1.6 trillion dollars. We anticipate that we will be included in the group of high-income countries, which is a critical threshold for our goal of permanent welfare increase. While the balanced outlook between consumption and investment continues, investments in machinery and equipment, which are important for our production capacity and potential, increased by 5%." he said.
"WE STRENGTHENED THE FOUNDATIONS OF OUR ECONOMY THANKS TO THE POLICIES WE IMPLEMENTED"
Şimşek continued his remarks as follows:
"Due to global uncertainties, while net external demand may limit growth in 2025, the ratio of the current account deficit to national income was realized at a sustainable level of 1.6%. Thanks to our disciplined stance in fiscal policy, the non-interest surplus, excluding earthquake expenditures, was 1.2%. We strengthened the foundations of our economy and significantly increased its resilience thanks to the policies we implemented. We closely monitor geopolitical developments and take all necessary measures to minimize their impact on our economy. We will continue to implement our program with determination to establish price stability, ensure sustainable high growth, and achieve a fairer income distribution."