| Baseline Scenario* |
| Garanti BBVA Macroeconomic Forecasts |
| |
2020 |
2021 |
2022 |
2023 |
| CPI (eop) |
14.6% |
18.5% |
16.0% |
13.0% |
| GDP Growth |
1.8% |
9.5% |
2.5% |
5.0% |
| GDP (Billion TL) |
5,047 |
6,673
|
8,106 |
9,633 |
| GDP (Billion USD) |
717 |
789 |
752 |
859 |
| GDP Deflator |
14.9% |
20.8% |
18.5% |
13.2% |
| Per Capita Income (USD) |
8,597 |
9,345 |
8,803 |
9,938 |
| Current Account Balance (Billion USD) |
-35.0 |
-18.8 |
-27.7 |
-33.1 |
| Current Account Balance / GDP |
-4.9% |
-2.4% |
-3.7% |
-3.8% |
| Foreign Trade Balance (Billion USD) |
-50 |
-46 |
-58 |
-68 |
| Foreign Trade Balance / GDP |
-7.0% |
-5.8% |
-7.6% |
-7.9% |
| CG Budget Balance / GDP |
-3.4% |
-2.7% |
-3.7% |
-3.8% |