FX.co ★ Turkey’s GDP Growth Cools to 2.5% in Q1 2026, Down from 3.4% at End-2025

Turkey’s economic growth slowed at the start of 2026, with year-over-year GDP expansion easing to 2.5% in the first quarter, down from 3.4% in the fourth quarter of 2025. The figures, updated on 1 June 2026, indicate a moderation in momentum as the country entered the new year.

Measured on a year-over-year basis, the latest reading compares the first quarter of 2026 with the same period a year earlier, while the previous figure compared the fourth quarter of 2025 with the corresponding quarter of the prior year. The deceleration suggests that, although Turkey’s economy continues to grow, the pace of expansion has weakened compared with the end of last year.