Many positive signs of maintaining the Turkish economy in 2020 have shown its balance, especially since the World Bank expected the Turkish economy to grow by 4.5% in 2021 and 5% in 2022 in its most recent report, issued on 5 January 2021. For the first time, the recently published expectations of the Turkish Central Bank and Turkish business organizations are very close to previous international forecasts, predicting GDP growth for 2021 at 3.8%, and about 4.3% in 2022. With the first Coronavirus infections recorded in March 2020, as a result of the effects of the epidemic, Turkey's economy contracted 10.3 percent during the second quarter of last year, before returning to normal in the second half of the same year, with growth reaching 6.3 percent in the third quarter, and 5.9 percent during the fourth quarter. Thus, the Turkish economy grew by 1.8 percent on an annual basis for 2020, despite the challenges of Coronavirus, thus being the only one to achieve 5.9 percent growth in the last quarter, within the framework of "Economic Cooperation and Development." Accordingly, Turkey achieved economic growth during 2020, despite the challenges of the Corona pandemic, placing second to China, in the list of the most developed countries in the Group of Twenty, which includes the world's major economies.
