Created by the PwC Macroeconomics team led by PwC UK Chief Economist John Hawksworth, “Turkey in 2041: Looking to the future” sheds light on what the next 30 years may have in store for the Turkish economy.
According to projections developed by PwC using its long-term economic growth models, Turkey’s GDP per capita (in terms of PPP, constant in 2009 USD) will more than double by 2041 compared to its current level and exceed USD35,000. The country’s economy will narrow the income gap between it and developed countries over the next 30 years. The report also focuses on Turkey’s potential centres of excellence in the coming decades.
Some highlights from the report