Updated
Updated · Hurriyet Daily News · May 3
Türkiye set to overtake Indonesia as largest Muslim economy
Updated
Updated · Hurriyet Daily News · May 3

Türkiye set to overtake Indonesia as largest Muslim economy

5 articles · Updated · Hurriyet Daily News · May 3
  • The IMF forecasts Türkiye's GDP at $1.64 trillion this year, ahead of Indonesia's $1.54 trillion, while Saudi Arabia is projected at $1.39 trillion in 2026.
  • Analysts said manufacturing growth, a tourism rebound, stronger exports and exchange-rate effects lifted Türkiye's nominal output above other Muslim-majority economies.
  • The IMF cut Türkiye's 2026 real growth forecast to 3.4% from 4.2% in January, citing high oil and gas prices, while Indonesia faces sector slowdowns and commodity-price volatility.
How can Türkiye's economy lead the region while battling 30% inflation and a spreading Middle East war?
Is Türkiye's growth model more resilient than Saudi Arabia's pivot away from oil dependency?
Will the new 'Trump Route' secure Türkiye's future, or is it a risky bet in a volatile region?