First quarter GDP growth in Turkey was stronger than expected, driven by an impressive turnaround in domestic demand. But the flipside of domestic demand-led growth is that the current account deficit is widening again, a trend that has continued at the start of Q2. As a result, Turkey’s external vulnerabilities are starting to resurface. This is a particular concern in the context of the recent protests, which have the potential to dent investor confidence and make it more difficult to attract foreign capital.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services