The World Bank increased the prognosis of Turkey’s economic growth for this year from 3.1% to 3.5%, the next year from 3.6% to 3.7%, and for 2027 from 4.2% to 4.4%.
Bank published reports on economies in Europe and Central Asia, East Asia, South Asia, the Middle East, North Africa, North Africa, North Africa Afghanistan and Pakistan, African countries south of Sahara, as well as Latin America and the Caribbean.
The report on the economic situation in Europe and Central Asia reports that this year the Turkish economy is expected to grow by 3.5%, in 2026 – by 3.7%, and in 2027 – on 4.4%.
in its forecasts published in June, the World Bank suggested that the Turkish economy would grow by 3.1% in 2025, by 3.6% in 2026 and 4.2% in 2027.
The report notes that, despite the slowdown of economic growth in Europe and Central Asia, the region retains sustainability, despite the sustainability, despite the sustainability, despite the sustainability, despite the sustainability, despite the sustainability, despite the sustainability, despite the sustainability, despite on global and regional difficulties. This year, the region’s economy is expected to grow by 2.4%, which is 3.7% below last year and is associated with a slowdown in growth in Russia.
in the report on East Asia and the Pacific region notes that the economy of the region of the region of the region is noted It continues to demonstrate higher indicators than in most other regions of the world.
according to the report, this year the growth rate of East Asia’s economy and the Pacific region is expected to amount to 4.8%, which will be 5%lower than the indicator of 2024. From 5.9%and the Philippines with 5.3%.
the growth of the Cambodia and Indonesia economy is expected by 4.8%, the countries of the Pacific islands – by 2.7%and Thailand – by 2%.
this year the Chinese economy will grow by 4.8%, and the next year – by 4.2%. It is expected to slow down the growth of
in the report on the development of South Asia notes that the growth of the region’s economy this year will be high – 6.6 %, but next year it will decrease to 5.8 %, which indicates a significant slowdown.
among the factors that can have a negative impact on the economy of the region, we can name the consequences of the global economic downturn, uncertainty in the trading trade politics, socio-political instability in the region and possible changes in the labor market due to the emergence of new technologies, such as artificial intelligence.
Employment can stimulate growth in Latin America and the Caribbean
in the report on the economic review of Latin America and the Caribbean pool that it can be emphasized that entrepreneurship in the region may be entrepreneurship in the region overcome a low -growth cycle, creating jobs, increasing productivity and accelerating innovation.