Türkiye 2025 Macroeconomic Outlook: Disinflation, a Stronger Lira and the New Investment Window

Executive Summary

Türkiye enters 2025 with an orthodox monetary policy framework anchoring market expectations. Disinflation is steadily taking hold, driven by tight liquidity and fiscal rebalancing. For foreign institutional investors and multinational corporations, this environment represents the most predictable macroeconomic foundation seen in over five years.

Key Insights

• Headline inflation projected to converge toward central bank interim targets.
• Renewed sovereign rating upgrades unlocking lower borrowing costs and private equity flows.
• Strategic FDI incentives expanding for high-technology manufacturing and energy transition projects.