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Türkiye overview

Türkiye cityscape

The EBRD will focus on the following strategic priorities in Türkiye for 2019-2024:

  • strengthening resilience of the financial sector and develop domestic capital and financial markets;
  • fostering Türkiye’s knowledge economy and higher value-added activities, and promote good governance;
  • promoting economic inclusion and gender equality through private sector engagement;
  • accelerating Türkiye’s green economy transition and regional energy connectivity.

As well as being a country of operation, Türkiye is also a donor to the EBRD with a total contribution of €31 million. Türkiye established its first bilateral donor fund with EBRD in January 2018, for an amount of €25 million.  The fund aims to support projects in Türkiye, Azerbaijan, Moldova, Romania and the Kyrgyz Republic. The fund prioritises projects for SME development, financial sector stability, sustainable infrastructure, energy efficiency, governance and economic inclusion. In 2013, Türkiye provided EU funding to EBRD for its Women in Business programme.

The EBRD’s latest Türkiye strategy was adopted on 24 July 2019.

Watch this video and hear from some of the people and projects we have supported in Türkiye. From women entrepreneurs to small businesses, green projects as well as large scale infrastructure - we're doing more than ever before in Türkiye.

More videos

Current EBRD forecast for Türkiye’s Real GDP Growth in 2023 2.5%

Current EBRD forecast for Türkiye’s Real GDP Growth in 2024 3.0%

Türkiye’s economy grew by 5.6 per cent in 2022, driven mainly by household consumption and supported by unorthodox and loose monetary policy, which saw inflation peak at 85 per cent year-on-year in October 2022. A growing range of regulations controlling the allocation of credit, together with base effects, have contributed to a decline in inflation since then, though the rate remains very high at around 50 per cent. 


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