Official statistics released on Monday show Turkey's economy grew 2.3% compared with the same quarter a year earlier, recording a slowdown for the fourth straight quarter. On a seasonally and calendar-adjusted basis, second-quarter gross domestic product rose 1.1% from the previous quarter.
A recent poll had pointed to a stronger outcome for the quarter, estimating growth at 2.9% year-on-year and projecting expansion of 3.05% in 2026. The official outturn therefore came in below that polling consensus.
The breakdown by activity highlights that agriculture, forestry and fishing posted the most robust expansion, with growth of 13.3%. Information and communication was the next-fastest-growing sector, climbing 8.6%, according to the data.
Statisticians also revised earlier figures. Growth for 2025 was adjusted upward to 3.7% from the previously reported 3.6%. First-quarter growth was revised to 2.6% from 2.5%.
The government's standing medium-term programme currently projects growth of 3.8% in 2026. Officials have said a new medium-term programme will be published on September 7.
Taken together, the data show a continuation of decelerating momentum despite pockets of strength across specific activities. The divergence between the poll-based expectations and the official numbers, along with the modest upward revisions to past growth, frames the near-term statistical picture ahead of the government's updated medium-term programme.
Data snapshot
- Year-on-year GDP growth in Q2: 2.3%
- Quarter-on-quarter growth (seasonally and calendar-adjusted): 1.1%
- Top sector performers: Agriculture, forestry and fishing (+13.3%); Information and communication (+8.6%)
- Revisions: 2025 growth revised to 3.7% (from 3.6%); Q1 growth revised to 2.6% (from 2.5%)
- Government projected growth for 2026 (current programme): 3.8%
- New medium-term programme release date: September 7