TR Economy & Updates

[Zafer]

IMF PPP GDP predictions for 2026 with comparison to Türkiye, gray columns are growth predictions multiplied by 100 to include in the same chart with % in excess series of GDP. Shows by how much each economy is bigger or smaller than the economy of Türkiye. Of particular note given the current growth rates continue for each country Türkiye surpasses both France and UK in 6 years.

PPP GDP

 

[Huelague]

IMF PPP GDP predictions for 2026 with comparison to Türkiye, gray columns are growth predictions multiplied by 100 to include in the same chart with % in excess series of GDP. Shows by how much each economy is bigger or smaller than the economy of Türkiye. Of particular note given the current growth rates continue for each country Türkiye surpasses both France and UK in 6.16 years.

PPP GDP

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If the government is not able to handle the exchange rate (€,$), we are doomed.

 

[Zafer]

If the government is not able to handle the exchange rate (€,$), we are doomed.

I think it will be easier to deal with exchange rates in the future as other economies are not doing better than we are.

 

[contricusc]

IMF PPP GDP predictions for 2026 with comparison to Türkiye,

GDP PPP is very irrelevant. Not only that GDP is not a very good indicator, but making further adjustments to it (like the PPP) makes it completely useless.

At least nominal GDP has the same measurement unit, even though GDP is not very relevant in itself, and can be inflated by completely irrelevant economic activity.

 

[Zafer]

GDP PPP is very irrelevant. Not only that GDP is not a very good indicator, but making further adjustments to it (like the PPP) makes it completely useless.

At least nominal GDP has the same measurement unit, even though GDP is not very relevant in itself, and can be inflated by completely irrelevant economic activity.

It is one of the main statistics numbers used around the world, you don't need to take it as a magic number that tells everything. After all the mathematician who though an arithmetic mean is a single number that represents a series drowned in a stream only two feet deep.

 

[Zafer]

PPP GDP comparison, shows the amount of goods you can afford to buy
US $92,883
TR $45,994

An American can buy twice as much stuff as a Turk but also has five times the debt

 

[Huelague]

I think it will be easier to deal with exchange rates in the future as other economies are not doing better than we are.

Can you explain why?

 

[Zafer]

Can you explain why?

Türkiye is developing its own energy sector that is looking for energy surplus in 5 years or so. Energy imports is the single big ticket item that drains foreing currency reserves. When you patch that hole that leaks money you are already foreign currency positive. Turkiye is also a diverse economy that has production and trade in practically every field you look at, this makes us resilient in the face of changing winds in world trade and gives us an upperhand in our dealings, it is a basket portfolio of investments that makes gains in other fields when you suffer losses in some. Turkiye has also been through the worst of economic turmoils and has learned to weather it gaining lots of experience. Currently we are the #10 in gold reserves with 642 tons in the bank and are also cashed up with foreign currency.