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Turkey economy grows 2.3% in Q2 2026
Turkey's economy grew by 2.3% year-on-year in the second quarter of 2026, according to data from the Turkish Statistical Institute (TÜİK). On a quarter-on-quarter basis, the economy expanded by 1.1%.
The growth was driven largely by a strong 13.3% increase in the agriculture, forestry, and fishing sector, as well as an 8.6% rise in information and communication activities. The industrial sector also saw a 2.4% increase. Conversely, the construction sector contracted by 1.9%, marking its first decline in 14 quarters.
At current prices, GDP rose by 36% year-on-year to reach 19.869 trillion TL, which equates to approximately 438.3 billion USD for the quarter. The annualized national income has exceeded the 1.7 trillion dollar threshold.
Minister of Treasury and Finance Mehmet Şimşek noted that despite geopolitical tensions and rising commodity prices, the current account deficit remained sustainable at 38.9 billion dollars, representing 2.3% of the national income. Household final consumption expenditure increased by 3.5% during this period.
Entities
BBVA Research · Central Bank of the Republic of Turkey · DEİK · Mehmet Şimşek · Ministry of Trade · Nail Olpak · Turkey · Turkish Statistical Institute · Zafer Partisi · Zekeriya Mete
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 4 SOURCES] Annualized national income has exceeded the 1.7 trillion dollar threshold. www.bizimsivas.com.tr · www.turkgun.com · www.bursahaber.com · bazaartimes.com
- [● 12 SOURCES] GDP at current prices reached 19.869 trillion TL. cukurovagazetesi.com · www.donanimhaber.net.tr · gazetemerhaba.com · gazeteyenisoz.com · www.konyapostasi.com.tr · +4 more
- [● 15 SOURCES] Turkey's economy grew by 2.3% in the second quarter of 2026 compared to the same period last year. cukurovagazetesi.com · www.donanimhaber.net.tr · gazetemerhaba.com · gazeteyenisoz.com · www.konyapostasi.com.tr · +7 more
- [● 15 SOURCES] The agriculture, forestry, and fishing sector grew by 13.3% annually. cukurovagazetesi.com · www.donanimhaber.net.tr · gazetemerhaba.com · gazeteyenisoz.com · www.konyapostasi.com.tr · +7 more
- [● 15 SOURCES] The construction sector decreased by 1.9%. cukurovagazetesi.com · www.donanimhaber.net.tr · gazetemerhaba.com · gazeteyenisoz.com · www.konyapostasi.com.tr · +7 more
- [● 3 SOURCES] Annualized national income has exceeded 1.7 trillion dollars. www.bizimsivas.com.tr · www.turkgun.com · www.bursahaber.com
- [● 11 SOURCES] The second quarter GDP was 438.347 billion USD. cukurovagazetesi.com · www.donanimhaber.net.tr · gazetemerhaba.com · gazeteyenisoz.com · www.konyapostasi.com.tr · +4 more
- [● 3 SOURCES] The annualized current account deficit was 38.9 billion dollars in the second quarter. www.bizimsivas.com.tr · www.turkgun.com · www.bursahaber.com
- [● 9 SOURCES] Household final consumption expenditure increased by 3.5%. cukurovagazetesi.com · www.donanimhaber.net.tr · gazeteyenisoz.com · www.konyapostasi.com.tr · www.tigrishaber.com · +3 more