Commodity market report
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4 Pages

Turkey long-term economic outlook Q2 2014

Turkey long-term economic outlook Q2 2014

Report summary

Turkey lags developed European economies in terms of development status, productivity, and wealth. This catch-up potential will underpin economic growth over the forecast period. Economic growth will also be supported by the healthy expansion in working-age population. In terms of capital growth, Turkey will remain a key destination for foreign investment given its geographical location between Europe and Asia. Wood Mackenzie forecast annual GDP growth to average 4.2% through 2016-35. 

What's included?

This report includes 4 file(s)

  • Turkey long-term economic outlook Q2 2014 PDF - 293.24 KB 4 Pages, 1 Tables, 4 Figures
  • GDP Forecast Apr 2014.xls XLS - 1.23 MB
  • IP Forecast Apr 2014.xls XLS - 1.24 MB
  • Latest Population Forecast.xls XLS - 2.92 MB


This Economic Outlook presents our macroeconomic outlook to 2035 at the country level.

Specifically we assess the structure of the economy and present the GDP and industrial production outlook.

The long-term outlook is underpinned by a set of GDP models which take account of long-term structural drivers of GDP including demographics, investment and productivity growth.

Finally, we highlight the key risks facing our outlook, both upside and downside.

Wood Mackenzie's macroeconomic forecasts underpin all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

  • Executive summary
  • Market structure
  • Economic outlook
    • Real GDP (annual growth)
  • Risks and uncertainties

In this report there are 5 tables or charts, including:

  • Executive summary
    • Economic indicators
  • Market structure
    • GDP by sector (% of GDP)
    • GDP by expenditure (Turkish lira, billion, 1998 prices)
  • Economic outlook
    • Economic outlook: Image 1
    • Population by age cohort
  • Risks and uncertainties
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