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Türkiye’s Medium-Term Program Sets $70 Billion Tourism Goal for 2027

A separate budget proposal would raise tourism development funding to 12.12 billion lira from 9.34 billion lira in 2026.

Updated 2 min read
People enter Türkiye’s parliament building in Ankara under overcast skies. (AI-generated image / EconoTimes)
People enter Türkiye’s parliament building in Ankara under overcast skies. (AI-generated image / EconoTimes)

Türkiye’s government set a $70 billion tourism revenue target for 2027 in its medium-term program and proposed higher development spending after the sector generated record receipts last year.

The 2027-29 Medium-Term Program, published by the Presidency of Strategy and Budget (SBB), sets further revenue targets of $73.5 billion for 2028 and $78.5 billion for 2029. It estimates $65 billion for 2026, down from the $68 billion figure in the government’s previous program. The 2026 figure is an estimate; the figures for 2027 through 2029 are targets.

Türkiye earned a record $65.2 billion from tourism in 2025, up 6.8% from the previous year, the Turkish Statistical Institute (TÜİK) said. The government’s revised estimate for 2026 is slightly below that result, even as its targets call for higher receipts in subsequent years.

The separate 2027 budget proposal would allocate 12.12 billion lira to tourism development, compared with 9.34 billion lira in 2026. The proposal ties the spending to developing and diversifying tourism and increasing the value generated by the sector. The allocation remains part of a proposal under parliamentary review.

The budget proposal projects that Türkiye will rank seventh worldwide for tourism receipts in 2026, sixth in 2027 and fifth in 2028. It also projects fourth place for tourist arrivals in each year from 2027 through 2029. The government used World Tourism Organization data as a reference for those projected rankings.

Parliament received the budget proposal on Oct. 16. It is under review by the Planning and Budget Commission, which is scheduled to hear a presentation on Oct. 21.

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