Ukraine war will hurt Turkey’s economy

War in Ukraine will keep the lira weak, fuel inflation and dampen economic activity, even if Turkey stays neutral

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In this article

  • Imports
  • Exports and investment
  • Tourism
  • Balance of payments
  • Lira
  • Inflation
  • Growth
  • Public finances

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.