Country Forecast Turkey Updater

  • ID: 2105426
  • November 2015
  • Region: Turkey
  • 18 Pages
  • The Economist Intelligence Unit
1 of 3

Following a campaign marred by violence, the Justice and Development Party (AKP) scored a landslide victory in the general election on November 1st, restoring the parliamentary majority it lost in the inconclusive June election. The result ends months of political uncertainty and confirms the political dominance both of the AKP and its de facto leader, the president, Recep Tayyip Erdogan, at least until the next presidential election, in 2019.

The election result was unexpectedly decisive. Voters appear to have set aside their growing qualms about Mr Erdogan's authoritarian leanings in order to elect a stable single-party government at a time of heightened uncertainty. It remains to be seen whether the new AKP government will be able to achieve stability. Months of violence and uncertainty have left the country more deeply polarised than before.

The main threats to Turkey's stability during the forecast period will stem from the country's south-east, where there has been an upsurge in violence. In addition, the resumption of armed conflict between the Turkish military and the outlawed Kurdistan Workers' Party (PKK) has coincided with increasing spillover into Turkey of the conflict in neighbouring Syria. The intertwining of Turkish policy on these two questions represents a significant risk to security over the forecast period.

Note: Product cover images may vary from those shown
2 of 3

Country Forecast Turkey Updater

Country forecast overview: Highlights

Country forecast overview: Key indicators

Country forecast overview: Business environment rankings

Country forecast overview: Turkey's business environment at a glance
Policy towards private enterprise and competition
Policy towards foreign investment
Foreign trade and exchange controls
The labour market

Fact sheet

Outlook for 2016-20: Political stability

Outlook for 2016-20: Election watch

Outlook for 2016-20: International relations

Outlook for 2016-20: Policy trends

Outlook for 2016-20: Fiscal policy

Outlook for 2016-20: Monetary policy

Outlook for 2016-20: Economic growth

Outlook for 2016-20: Inflation

Outlook for 2016-20: Exchange rates

Outlook for 2016-20: External sector

Data summary: Global outlook

Data summary: Gross domestic product, current market prices

Data summary: Gross domestic product, at constant prices

Data summary: Gross domestic product by sector of origin

Data summary: Growth and productivity

Data summary: Economic structure, income and market size

Data summary: Fiscal indicators

Data summary: Monetary indicators

Data summary: Employment, wages and prices

Data summary: Current account and terms of trade

Data summary: Foreign direct investment

Data summary: External debt

Data sources and definitions
Global data
Domestic data

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown


  • Quick Help: This country profile will be emailed to you The country profile is sent in PDF format. This is a single user license, allowing one specific user access to the product.

  • Quick Help: The report will be emailed to you. The report is sent in PDF format. This is a single user license, allowing one specific user access to the product.


If you have a more general question about our products please try our



Our Clients

  • Western Union Company
  • Wells Fargo & Company
  • Credit Suisse Group
  • Royal Bank of Scotland PLC.
  • Deutsche Bank AG
  • Barclays Bank PLC.