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Turkey | Economic Indicators
Overview
Last
Reference
Previous
Range
Frequency
GDP Growth Rate
-2.7
%
Sep/16
1.1
-5.4
: 5.6
Quarterly
Unemployment Rate
11.8
%
Oct/16
11.3
7.3 : 14.8
Monthly
Inflation Rate
9.22
%
Jan/17
8.53
-4.01
: 139
Monthly
Interest Rate
8
%
Jan/17
8
4.5 : 500
Daily
Balance of Trade
-5598
USD Million
Dec/16
-4113
-10453
: 24.51
Monthly
Government Debt to GDP
32.9
%
Dec/15
33.5
32.9 : 77.9
Yearly
Markets
Last
Reference
Previous
Range
Frequency
Currency
3.75
Feb/17
3.74
0.01 : 3.87
Daily
Stock Market
87391
points
Feb/17
87394
23.12 : 93179
Daily
Government Bond 10y
10.66
%
Feb/17
10.67
6.02 : 11.62
Daily
GDP
Last
Reference
Previous
Range
Frequency
GDP Growth Rate
-2.7
%
Sep/16
1.1
-5.4
: 5.6
Quarterly
GDP Annual Growth Rate
-1.8
%
Sep/16
4.5
-14.4
: 11.7
Quarterly
GDP
718
USD Billion
Dec/15
799
8.02 : 823
Yearly
GDP Constant Prices
33061048
TRY THO
Jun/16
31648664
14436129 : 34900750
Quarterly
Gross National Product
31671243
TRY THO
Jun/16
30367560
14600600 : 35262640
Quarterly
Gross Fixed Capital Formation
8271132
TRY THO
Jun/16
7049807
82266 : 8317215
Quarterly
GDP per capita
11523
USD
Dec/15
11246
2996 : 11523
Yearly
GDP per capita PPP
18956
USD
Dec/15
18501
10568 : 18956
Yearly
GDP From Agriculture
2337513
TRY THO
Jun/16
1432673
799601 : 5277228
Quarterly
GDP From Construction
2040372
TRY THO
Jun/16
1826412
822819 : 2040372
Quarterly
GDP From Manufacturing
8535937
TRY THO
Jun/16
8165669
3491759 : 8535937
Quarterly
GDP From Mining
213552
TRY THO
Jun/16
164786
116491 : 255476
Quarterly
GDP From Public Administration
918757
TRY THO
Jun/16
943492
561744 : 1002029
Quarterly
GDP From Transport
4095462
TRY THO
Jun/16
3875510
1498463 : 4175844
Quarterly
GDP From Utilities
587421
TRY THO
Jun/16
479733
204058 : 716688
Quarterly
Labour
Last
Reference
Previous
Range
Frequency
Unemployment Rate
11.8
%
Oct/16
11.3
7.3 : 14.8
Monthly
Employed Persons
27267
Thousand
Oct/16
27826
18493 : 27867
Monthly
Unemployed Persons
3647
Thousand
Oct/16
3523
1773 : 3647
Monthly
Labor Force Participation Rate
52.4
%
Oct/16
52.8
43.9 : 52.8
Monthly
Long Term Unemployment Rate
2.1
%
Jun/16
2
1.6 : 3.2
Quarterly
Youth Unemployment Rate
19.9
%
Sep/16
19.9
11 : 28.6
Monthly
Labour Costs
219
Index Points
Sep/16
204
71.88 : 219
Quarterly
Wages
1512
TRY/Month
Dec/10
1103
1103 : 1512
Monthly
Minimum Wages
1778
TRY/Month
Jan/17
1647
1.5 : 1778
Monthly
Wages in Manufacturing
245
Index Points
Sep/16
240
57.7 : 245
Quarterly
Population
78.74
Million
Dec/15
77.7
28.23 : 78.74
Yearly
Retirement Age Women
58
Dec/15
58
41 : 58
Yearly
Retirement Age Men
60
Dec/15
60
44.9 : 60
Yearly
Employment Rate
46.3
%
Oct/16
46.4
38.9 : 46.7
Monthly
Full Time Employment
24536
Thousand
Sep/16
24351
16912 : 24536
Quarterly
Part Time Employment
2201
Thousand
Sep/16
2753
1310 : 3067
Quarterly
Prices
Last
Reference
Previous
Range
Frequency
Inflation Rate
9.22
%
Jan/17
8.53
-4.01
: 139
Monthly
Inflation Rate Mom
2.46
%
Jan/17
1.64
-1.43
: 3.27
Monthly
Consumer Price Index CPI
300
Index Points
Jan/17
293
94.77 : 300
Monthly
Core Consumer Prices
112
Index Points
Nov/16
111
1.34 : 112
Monthly
Core Inflation Rate
7.2
%
Nov/16
7.1
3 : 93.7
Monthly
GDP Deflator
1591
Index Points
Jun/16
1573
86.57 : 1591
Quarterly
Producer Prices
285
Index Points
Jan/17
274
0.01 : 285
Monthly
Producer Prices Change
13.69
%
Jan/17
9.94
-3.75
: 140
Monthly
Export Prices
91.38
Index Points
Nov/16
92.41
58.61 : 128
Monthly
Import Prices
82.39
Index Points
Nov/16
83.57
45.77 : 127
Monthly
Food Inflation
7.77
%
Jan/17
5.65
1.38 : 17.08
Monthly
Cpi Transportation
285
Index Points
Jan/17
276
94.61 : 285
Monthly
Harmonised Consumer Prices
110
Index Points
Nov/16
110
1.2 : 110
Monthly
Money
Last
Reference
Previous
Range
Frequency
Interest Rate
8
%
Jan/17
8
4.5 : 500
Daily
Interbank Rate
11.26
%
Feb/17
11.26
4.74 : 21.07
Daily
Money Supply M1
382338665
TRY Thousand
Dec/16
359733056
55562063 : 382338665
Monthly
Money Supply M2
1406716357
TRY Thousand
Dec/16
1374529926
236620702 : 1406716357
Monthly
Money Supply M3
1450668699
TRY Thousand
Dec/16
1417929885
260092810 : 1450668699
Monthly
Banks Balance Sheet
2623047430
TRY Thousand
Nov/16
2507125716
15860 : 2623047430
Monthly
Foreign Exchange Reserves
135703
USD Million
Nov/16
139578
1240 : 150429
Monthly
Loans to Private Sector
878000433
TRY Thousand
Nov/16
834624654
3402 : 878000433
Monthly
Deposit Interest Rate
14.92
%
Dec/15
16.77
8 : 87.79
Yearly
Cash Reserve Ratio
12
%
Jan/17
12.5
9 : 13
Monthly
Central Bank Balance Sheet
539597920
TRY Thousand
Nov/16
528827224
9071 : 539597920
Monthly
Foreign Stock Investment
35627
USD Million
Jan/17
34039
0 : 82048
Weekly
Lending Rate
9.25
%
Feb/17
9.25
6.5 : 2300
Daily
Private Debt to GDP
192
%
Dec/15
177
107 : 192
Yearly
Trade
Last
Reference
Previous
Range
Frequency
Balance of Trade
-5598
USD Million
Dec/16
-4113
-10453
: 24.51
Monthly
Exports
12807
USD Million
Dec/16
12817
7.1 : 14680
Monthly
Imports
18405
USD Million
Dec/16
16931
15 : 23245
Monthly
Current Account
-2268
USD Million
Nov/16
-1655
-9460
: 1132
Monthly
Current Account to GDP
-4.5
%
Dec/15
-5.4
-9.6
: 2
Yearly
External Debt
416732
USD Million
Sep/16
421434
43911 : 421434
Quarterly
Terms of Trade
111
Index Points
Nov/16
111
93.96 : 148
Monthly
Capital Flows
-457
USD Million
Nov/16
-198
-5630
: 9188
Monthly
Foreign Direct Investment
16800
USD Million
Dec/15
12749
1800 : 22046
Yearly
Remittances
57
USD Million
Nov/16
52
37 : 574
Monthly
Tourism Revenues
1142
USD Million
Dec/16
1331
79 : 4947
Monthly
Tourist Arrivals
1302157
Dec/16
1353280
213998 : 5480502
Monthly
Gold Reserves
442
Tonnes
Sep/16
474
116 : 529
Quarterly
Crude Oil Production
49
BBL/D/1K
Mar/16
49
38 : 72.4
Monthly
Terrorism Index
6.74
Dec/15
5.74
4.62 : 6.74
Yearly
Weapons Sales
291
USD Million
Dec/15
179
3 : 291
Yearly
Government
Last
Reference
Previous
Range
Frequency
Government Debt to GDP
32.9
%
Dec/15
33.5
32.9 : 77.9
Yearly
Government Budget
-1.2
% of GDP
Dec/15
-1.3
-33
:
-0.6
Yearly
Government Budget Value
-1866805
TRY THO
Dec/16
6705574
-39815859
: 8286247
Monthly
Government Spending
4081536
TRY THO
Jun/16
3572627
1471153 : 4657590
Quarterly
Government Revenues
43565262
TRY THO
Dec/16
59073423
6796416 : 134819231
Monthly
Government Debt
759647
TRY Million
Dec/16
752430
15 : 759647
Monthly
Fiscal Expenditure
71910075
TRY THO
Dec/16
52367849
11186669 : 144562290
Monthly
Asylum Applications
8236
Persons
Oct/16
6817
131 : 23066
Monthly
Credit Rating
44.46
:
Monthly
Military Expenditure
17669
USD Million
Dec/15
17770
9163 : 20758
Yearly
Business
Last
Reference
Previous
Range
Frequency
Business Confidence
97
Jan/17
98.4
52 : 123
Monthly
Manufacturing PMI
48.7
Jan/17
47.7
47 : 55
Monthly
Industrial Production
2.7
%
Nov/16
2
-21.3
: 26.5
Monthly
Industrial Production Mom
0
%
Nov/16
3.7
-13.4
: 16.8
Monthly
Manufacturing Production
2.1
%
Nov/16
1.7
-24.5
: 31
Monthly
Capacity Utilization
75.5
%
Jan/17
76.5
58.7 : 82
Monthly
Changes in Inventories
-6133
TRY THO
Jun/16
-129722
-1907183
: 1641446
Quarterly
Bankruptcies
1896
Companies
Dec/16
1167
11 : 3113
Monthly
Car Production
106963
Units
Dec/16
104737
849 : 106963
Monthly
Car Registrations
129360
Cars
Nov/16
97938
5921 : 157531
Monthly
Total Vehicle Sales
35323
Jan/17
141912
1764 : 156173
Monthly
Leading Economic Index
3.92
%
Dec/16
3.86
-6.88
: 12.67
Monthly
Competitiveness Index
4.39
Points
Dec/17
4.37
4.13 : 4.46
Yearly
Competitiveness Rank
55
Dec/17
51
43 : 63
Yearly
Corruption Index
42
Points
Dec/15
45
31 : 50
Yearly
Corruption Rank
75
Dec/16
66
29 : 77
Yearly
Ease of Doing Business
69
Dec/16
63
51 : 73
Yearly
Electricity Production
22668
Gigawatt-hour
Nov/16
21973
14829 : 25959
Monthly
Mining Production
1.8
%
Nov/16
-0.4
-27.7
: 39.9
Monthly
Steel Production
2838
Thousand Tonnes
Dec/16
2912
152 : 3139
Monthly
Consumer
Last
Reference
Previous
Range
Frequency
Consumer Confidence
66.9
Jan/17
63.4
55.66 : 98.68
Monthly
Retail Sales MoM
0.1
%
Nov/16
-0.8
-7.3
: 9.7
Monthly
Retail Sales YoY
-2
%
Nov/16
-0.2
-5.9
: 24.7
Monthly
Consumer Spending
22104317
TRY THO
Jun/16
22437056
10371420 : 22913268
Quarterly
Consumer Credit
422763101
TRY THO
Dec/16
414328568
4110315 : 422763101
Monthly
Private Sector Credit
1423464505
TRY Thousand
Nov/16
1372356896
4762 : 1423464505
Monthly
Economic Optimism Index
85.7
Index points
Jan/17
89.2
71.46 : 116
Monthly
Gasoline Prices
1.43
USD/Liter
Jan/17
1.48
0.56 : 2.68
Monthly
Households Debt To Gdp
21.1
% of GDP
Jun/16
21
0.1 : 22.6
Quarterly
Housing
Last
Reference
Previous
Range
Frequency
Construction Output
-0.3
%
Sep/16
6.2
-21.1
: 22.6
Quarterly
Housing Index
224
Index points
Nov/16
222
96.92 : 1358
Monthly
Building Permits
64637
Sep/16
73189
4815 : 279402
Monthly
Existing Home Sales
69188
units
Nov/16
68597
40981 : 69188
Monthly
Home Ownership Rate
60.7
%
Dec/13
60.7
59.6 : 60.9
Yearly
Housing Starts
7362
Sep/16
8772
0 : 36082
Monthly
New Home Sales
63467
units
Nov/16
61677
35363 : 74032
Monthly
Taxes
Last
Reference
Previous
Range
Frequency
Corporate Tax Rate
20
%
Dec/16
20
20 : 33
Yearly
Personal Income Tax Rate
35
%
Dec/16
35
35 : 40
Yearly
Sales Tax Rate
18
%
Dec/16
18
18 : 18
Yearly
Social Security Rate
37.5
%
Dec/16
37.5
31.5 : 38.5
Yearly
Social Security Rate For Companies
22.5
%
Dec/16
22.5
16.5 : 22.5
Yearly
Social Security Rate For Employees
15
%
Dec/16
15
14 : 16
Yearly
Related
Turkish Trade Deficit Narrows in December
Turkey Holds Repo Rate At 8%, Hikes Lending Rate To 9.25%
Turkish Jobless Rate Up to Over 6-Year High of 11.8%
Turkish Central Bank Lowers Forex Required Reserves
Turkish Inflation Rate at-5 Month High of 8.53% in December
Turkish Trade Deficit at-9 Month Low in November
Turkey Leaves Rates On Hold In December
Turkish Jobless Rate Up to 11.3% in September
Turkish GDP Shrinks More Than Expected In Q3
Turkish Inflation Rate at 6-Month Low of 7.0% in November
Turkish Trade Deficit Widens in October
Turkey Hikes Rates For 1st Time Since 2014
Turkish Jobless Rate Rises to 19 Month-High in August
Turkey Inflation Rate at 5-Month Low of 7.16% in October
Turkey Trade Gap Widens 14% YoY in September
Turkey Holds Repo Rate at 7.5%, Lending Rate at 8.25%
Turkey Jobless Rate Surges to 10.7% in July
Turkey Inflation Rate at 4-Month Low of 7.3% in September
Turkey Trade Deficit Narrows 5.3% YoY in August
Turkey Cuts Lending Rate for 7th Straight Month to 8.25%
Latest
US Jobless Claims Fall to 246K
UK Leaves Monetary Policy Unchanged
Australia Posts Largest Trade Surplus On Record
South Korea Inflation Rate At Over 4-Year High Of 2%
Fed Leaves Rates On Hold
Brazil Trade Surplus Widens 195% YoY In January
US Factory Activity Growth At Over 2-Year High: ISM
US Markit Manufacturing PMI At Near 2-Year High
South Korea Trade Surplus Narrows To 30-Month Low
New Zealand Jobless Rate Rises To 5.2% In Q4
Kenya Inflation Rate at 12-Month High of 6.99%
Mexico Annual GDP Growth Below Expectations in Q4
Mexico GDP Growth Slows To 0.6% In Q4
South Africa Trade Surplus Beats Expectations in December
Brazil Unemployment Rate Rises To New High Of 12%
Irish Unemployment Rate Drops To Fresh 8-1/2-Year Low
Italian Unemployment Rate Unchanged At 18-Month High
Eurozone Unemployment Rate At Near 8-Year Low Of 9.6%
Eurozone GDP Growth Beats Expectations In Q4
Eurozone Inflation Rate at Near 4-Year High of 1.8%
Economic Indicators for Turkey including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Turkey economy. 2/3/2017
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Housing Index
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Personal Income Tax Rate
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