Public Opinion Poll : Current and Future State of the Economy in Turkey

By Türkiye Raporu

March 2022

We continue to follow thoughts on the Turkish economy. According to the February 2022 survey results, the majority of respondents rated the economy as Very Bad/Bad which has been the case since September 2020. In the second month of 2022 the rate of those who think the economy is Very Bad / Bad is the highest we have seen so far. 63% of the participants think that the economy is very bad as of today, while 19% consider the economy to be bad. A similar picture emerges when compared to the same month of the previous year: The ratio of those who deem the economy Very Bad/Bad increased from 71% in January 2021 to 82% in January 2022. As of today, the ratio of those who think that the economy is Very Good/Good decreased to 7%. 11% of our participants think that the economy is neither good nor bad as of today.

Majority in all voter groups evaluate the economy negatively today. According to the February 2022 survey, the majority of all voter groups evaluate the current state of the economy negatively, as they did last month. Except for the AK Party voters, more than 76% of other party voters evaluate the current state of the economy as Very Bad. Opposition voters in particular continue to be pessimistic about the economy. MHP voters stand out as the who evaluate the economy most positively. However only 13-14% of People’s Alliance voters evaluate the current state of the economy as Very good/Good. Comparing the responses from the past 6 months shows that negative evaluations continue among MHP and AK Party voters. While last month 58% of AK Party voters evaluated the current state of the economy as Very bad/Bad, this ratio increased to 66% in February. On the other hand, this ratio decreased to 71% among MHP voters.