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Latest Turkey Economy News contentTypes.turkey-economy
Türkiye attracts $12.4 billion in foreign investment over 11 months
Foreign direct investment (FDI) flows into Türkiye totaled $12.4 billion in the first eleven months of 2025, marking a 28% annual increase. The latest data from November shows an inflow of $990 million, highlighting continued international investor interest in the Turkish economy.
13 January 2026
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Turkish defense leader Aselsan hits historic $30 billion market cap
Turkish defense electronics giant Aselsan has become the first company from Türkiye to achieve a market valuation of $30 billion. The milestone also places the Ankara-based firm among Europe's top ten most valuable defense industry companies, driven by surging exports and a massive order backlog.
13 January 2026
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Turkish Airlines cancels flights to three Iranian cities amid unrest
Turkish Airlines has canceled 17 scheduled flights to Tehran, Tabriz, and Mashhad for Friday and Saturday, citing regional developments. The decision comes during ongoing protests across Iran.
09 January 2026
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Türkiye and UK sign new pacts, targeting $40 billion in bilateral trade
Türkiye and the United Kingdom have signed a new Joint Economic and Trade Committee Action Plan and a mutual recognition agreement during high-level talks in London. The moves aim to significantly boost bilateral trade toward a target of $40 billion.
08 January 2026
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Turkish stock market's BIST 100 index breaks 12,000 barrier for first time
Türkiye's benchmark BIST 100 stock index surged past the 12,000-point threshold for the first time on Tuesday, closing at a record high. The index gained 2.75% in a broad-based rally, reflecting strong investor confidence amid positive economic signals.
07 January 2026
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Türkiye’s economic momentum boosts confidence in 2026 targets
A broad set of macroeconomic indicators in Türkiye, from growth and exports to inflation and credit risk, are reinforcing optimism for 2026. Record export figures, easing inflation, a sustained current account improvement and falling CDS premiums are reshaping expectations, while markets and employment data point to a more balanced and resilient economic outlook.
07 January 2026
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Turkish Airlines to build world's largest cargo terminal with $2.3B investment
Turkish Airlines has announced a massive investment exceeding 100 billion Turkish liras (over $2.3 billion) to construct what it claims will be the world's largest cargo terminal and in-flight catering facility. The project is expected to create 26,000 new jobs, significantly boosting the national carrier's logistics capacity.
02 January 2026
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Türkiye prioritizes disinflation and sustainable growth for 2026
The Turkish economy enters 2026 with a dual focus on sustaining its disinflation progress and achieving stable, long-term growth. Key data releases, central bank meetings, and international trade diplomacy are set to dominate the year's economic agenda.
01 January 2026
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Spain's HURJET deal with Türkiye unlocks new export opportunities, official says
Türkiye's landmark defense export deal with Spain, involving 30 domestically produced HURJET training aircraft, has created significant new opportunities for further exports and technological cooperation, according to a top Turkish defense official. The €2.6 billion agreement was finalized on Monday.
31 December 2025
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Türkiye advances free trade talks with UK and Gulf Cooperation Council
Turkish Trade Minister Omer Bolat has announced ongoing negotiations to expand the goods-only free trade agreement with the United Kingdom to include services, with a target effective date in the latter half of 2026. Simultaneously, Türkiye continues free trade talks with the Gulf Cooperation Council (GCC), building on existing pacts with the UAE and Qatar.
30 December 2025
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Income inequality in Türkiye eases as Gini index falls in 2025
Income distribution in Türkiye showed modest improvement as the Gini coefficient edged lower year-on-year, according to official data. New figures from TurkStat indicate a slight narrowing between high- and low-income households in 2024–2025, reflecting changes in disposable income calculations and a small shift in income shares across quintiles.
26 December 2025
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Turkish exports to Syria jump 54% to top $3 billion in 2025
Turkish exports to Syria have surged by over 54% year-on-year, surpassing $3 billion in 2025, a boom attributed to improved bilateral relations and political stabilization following the fall of the Assad regime.
24 December 2025
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Turkish defense firm Aselsan nears record $2 billion in export deals
Turkish defense electronics giant Aselsan is set to conclude 2025 with over $2 billion in new export contracts, driven by major deals including a $410 million sale to Poland, positioning it for significant revenue growth next year.
24 December 2025
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Türkiye's Turksat 5B satellite marks four years of service, drives expansion
The advanced Turksat 5B communications satellite has successfully completed four years in orbit, solidifying Türkiye's regional strength in space. The high-capacity satellite has become central to new international deals and services, particularly in aviation connectivity and broadband across the Middle East and Africa.
19 December 2025
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World Bank approves $410 million for Türkiye's youth skills training project
The World Bank has approved a €350 million ($409.9 million) financing package for a major project in Türkiye aimed at preparing young people for the labor market. The program will focus on improving learning environments, training teachers, and enhancing private sector partnerships to boost national productivity.
19 December 2025
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Türkiye's external assets reach $399.2B in October, liabilities decline
Türkiye's international financial assets rose to $399.2 billion by the end of October, while its external liabilities decreased slightly. The country's net international investment position, a key indicator of its financial relationship with the world, stood at minus $323.3 billion.
19 December 2025
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Moody's projects steady growth for Turkish economy, declining inflation
Moody's rating agency forecasts Türkiye's economy to grow moderately at 3.2% in 2025, accelerating slightly in the following years. Crucially, the agency projects a significant disinflation path, with consumer prices expected to fall from 35% this year to 18.5% by 2027.
18 December 2025
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Türkiye secures $587M from ADB to aid exporters after 2023 earthquakes
The Asian Development Bank has approved €500 million ($587.3 million) in financing for Turkish exporters impacted by the devastating 2023 earthquakes. Additional funds bring the total ADB support for the region's recovery to around $1 billion, part of a wider external financing drive by Ankara.
18 December 2025
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Turkish central government budget posts $3.9 billion surplus in November
Türkiye's central government budget recorded a monthly surplus of approximately $3.9 billion in November, a sharp reversal from October's deficit. Revenues surged 51% year-on-year, outpacing a 30% rise in expenditures, with tax collection providing a strong base.
15 December 2025
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