Inflation forecast · World Bank data
Turkey inflation forecast
Inflation (CPI, annual %)
Latest · 2025
34.9%
Inflation in Turkey is forecast at 35.2% in 2026, with an 80% range of 17.3% to 62.2%. The latest World Bank figure is 34.9% for 2025.
For 2027 and 2028 the model projects 34.2% and 34.7% (−0.2 pp versus 2025).
Display-only line. World Bank data is annual: the forecasts are the yearly points marked on the chart. The monthly line between them is a straight-line interpolation for display, not a monthly forecast.
- 20261 yr ahead
- 35.2%▲ +0.3 pp80%: 17.3% – 62.2%
- 20272 yr ahead
- 34.2%▼ −0.7 pp80%: 13.8% – 66.2%
- 20283 yr ahead
- 34.7%▼ −0.2 pp80%: 13.0% – 70.4%
Backtest · last 5 years
How accurate has this been?
| Horizon | Tests | Avg. error | Naive error | In 80% range |
|---|---|---|---|---|
| 1 yr ahead | 5 | 18.74 pp | 21.35 pp | 80% |
| 2 yr ahead | 4 | 28.79 pp | 31.77 pp | 50% |
| 3 yr ahead | 3 | 29.11 pp | 39.31 pp | 33% |
We re-ran the model as if standing at past dates, using only the data available then. Avg. error is the mean absolute gap between the median and what happened (percentage points); naive assumes no change from the last value. A well-calibrated 80% range contains about 80% of outcomes. Annual series have few test points, so treat these as rough. Methodology
Source data
Recent values
| Year | Value | Change |
|---|---|---|
| 2025 | 34.9% | −23.63 pp |
| 2024 | 58.5% | +4.65 pp |
| 2023 | 53.9% | −18.45 pp |
| 2022 | 72.3% | +52.71 pp |
| 2021 | 19.6% | +7.32 pp |
| 2020 | 12.3% | −2.90 pp |
| 2019 | 15.2% | −1.16 pp |
| 2018 | 16.3% | +5.19 pp |
| 2017 | 11.1% | +3.37 pp |
| 2016 | 7.8% | +0.10 pp |
About this forecast
- Source
- World Bank, World Development Indicators · series FP.CPI.TOTL.ZG
- Data through
- 2025 · 66 observations
- Forecast updated
- Sep 28, 2026
- Model
- TimesFM 2.5 (Google Research, Apache-2.0), zero-shot
More forecasts for Turkey
Turkey overviewOther inflation forecasts
All 39Statistical model, not financial advice. This forecast is generated automatically from public data; the 80% range means outcomes are expected outside it about one time in five. Don't make financial decisions based only on it.
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