Latest: United Kingdom 16:15 BoE MPC Member Cunliffe Speaks Forecast: 0
Latest: Japan 01:30 BoJ Board Member Kataoka Speaks Forecast: 0
Latest: Thailand 03:51 GDP Annual Forecast: 0 % Actual: 2.4%
Latest: Japan 01:30 BoJ Board Member Masai Speaks Forecast: 0
Latest: Indonesia 04:00 GDP Annual Forecast: 5.03 % Actual: 5.02%

Economy of Turkey. Statistics, Data and Indicators

flag
Turkey
44BB- Credit rank #68
127.64 Quality of life #43
91 Corruption rank#72
33 Ease of doing business#43
Turkey


Turkey Major Economic Indicators

Indicator Data Period
GDP Value 754 USD Billion 2019
GDP Annual Growth Rate 6.7 % 3Q/20
GDP Growth Rate 15.6 % 3Q/20
GDP per capita 14999 USD 2019
Inflation Rate YoY 14.03 % Nov/20
Interest Rate 15 % Nov/20
Unemployment Rate 13.2 % Aug/20
Balance of Trade -2374 USD Million | -2.374 B USD Oct/20
Current Account -2364 USD Million | -2.364 B USD Sep/20
Foreign Exchange Reserves 43898 USD Million | 43.898 B USD Nov/20
Government Debt 1934700 TRY Million | 247.996 B USD Oct/20


GDP
vvp
754
USD Billion
#21 from 174 countries
GDP per capita
vvp
14999
USD
#52 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 754 USD Billion 2019
GDP Annual Growth Rate 6.7 % 3Q/20
GDP Growth Rate 15.6 % 3Q/20
GDP per capita 14999 USD 2019
Gross National Product 31671244 TRY Thousand | 6.9 USD Billion 2Q/16
GDP Constant Prices 501884928 TRY Thousand | 64.333 B USD 3Q/20
GDP per capita PPP 28167 USD 2019
GDP From Agriculture  61527944 TRY Thousand | 7.887 B USD 3Q/20
GDP From Construction  32895124 TRY Thousand | 4.217 B USD 3Q/20
GDP From Manufacturing  76575808 TRY Thousand | 9.816 B USD 3Q/20
GDP From Public Administration  47668536 TRY Thousand | 6.11 B USD 3Q/20
GDP From Services  109963464 TRY Thousand | 14.095 B USD 3Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 33.1 % 2019
Government Budget Value -4572021 TRY Thousand | -0.586 USD Billion Oct/20
Government Spending 62371480 TRY Thousand | 7.995 USD Billion 3Q/20
Government Debt 1934700 TRY Million | 247.996 USD Billion Oct/20
Government Revenues 91440384 TRY Thousand | 11.721 USD Billion Oct/20
Fiscal Expenditure  96012408 TRY Thousand | 12.307 B USD Oct/20
Government Budget to GDP -2.9 % 2019
Military Expenditure 22088 USD Million | 22.088 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 499 index points Nov/20
Export Prices 90.63 index points Sep/20
Food Inflation 21.08 % Nov/20
Gasoline Prices 0.9 USD/Liter Nov/20
GDP Deflator 200 index points 3Q/20
Import Prices 85.5 index points Sep/20
Inflation Rate YoY 14.03 % Nov/20
Producer Prices 555 index points Nov/20
Inflation Rate Mom 2.3 % Nov/20
Core Consumer Prices 422 Index Points Nov/20
Core Inflation Rate 13.26 % Nov/20
CPI Housing Utilities 531 Index Points Nov/20
CPI Transportation 502 Index Points Nov/20
Harmonised Consumer Prices 187 Index Points Oct/20
Producer Prices Change  23.11 % Nov/20


Trade Indicators

Indicator Data Period
Current Account to GDP 1.2 % 2019
Weapons Sales 364 USD Million 2018
Balance of Trade -2374 USD Million | -2.374 USD Billion Oct/20
Capital Flows -2433 USD Million | -2.433 USD Billion Sep/20
Current Account -2364 USD Million | -2.364 USD Billion Sep/20
Exports 17329 USD Million | 17.329 USD Billion Oct/20
External Debt 421826 USD Million | 421.826 USD Billion 2Q/20
Foreign Exchange Reserves 43898 USD Million | 43.898 USD Billion Nov/20
Imports 19703 USD Million | 19.703 USD Billion Oct/20
Terms of Trade  106 Index Points Sep/20
Tourism Revenues  4044 USD Million | 4.044 B USD Sep/20
Tourist Arrivals 1742303 Persons | 1.742 Million Persons Oct/20


Money Indicators

Indicator Data Period
Gold Reserves 561 Tonnes 3Q/20
Interbank Rate 15.89 % Dec/20
Interest Rate 15 % Nov/20
Loans to Private Sector 1808896128 TRY Thousand | 231.871 USD Billion Oct/20
Money Supply M1 1247967104 TRY Thousand | 159.969 USD Billion Nov/20
Money Supply M2 3310059520 TRY Thousand | 424.295 USD Billion Nov/20
Money Supply M3 3414339584 TRY Thousand | 437.662 USD Billion Nov/20
Central Bank Balance Sheet 1203997568 TRY Thousand | 154.333 B USD Oct/20
Deposit Interest Rate 13.5 % Nov/20
Foreign Direct Investment 361 USD Million | 0.361 B USD 2020
Private Sector Credit  2858597888 TRY Thousand | 3664.249 B USD Oct/20


Labor Indicators

Indicator Data Period
Minimum Wages 2943 TRY/Month | 377.244 USD/Month 4Q/20
Retirement Age Men 60 2020
Retirement Age Women 58 2020
Unemployment Rate 13.2 % Aug/20
Youth Unemployment Rate 25.9 % Jul/20
Employed Persons 27554 Thousand Person | 27.554 Million Person Aug/20
Employment Rate  43 % Aug/20
Full Time Employment 22139 Thousand Person 2Q/20
Labor Force Participation Rate 49.5 % Aug/20
Living Wage Family 3190 TRY/Month | 465.354 USD/Month 2018
Living Wage Individual 1930 TRY/Month | 281.547 USD/Month 2018
Long Term Unemployment Rate 2.8 % 2Q/20
Part Time Employment 2994 Thousand Persons 2Q/20
Unemployed Persons 4194 Thousand Persons | 4.194 Million Persons Aug/20
Wages High Skilled 2830 TRY/Month | 412.838 USD/Month 2018
Wages Low Skilled  1380 TRY/Month | 201.313 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 61 BBL/D/1K Jul/20
Electricity Production 25815 GWh Dec/19
Industrial Production 8.1 % Sep/20
Mining Production 5.2 % Aug/20
Steel Production 3208 Thousand Tonnes Oct/20
Car Production 150746 Units | 150.746 Units Oct/20
Industrial Production (MoM) 3.4 % Aug/20


Business Indicators

Indicator Data Period
Bankruptcies 1331 companies Oct/20
Business Confidence 104 index points Nov/20
Corruption Index 39 index points 2019
Corruption Rank 91 place 2019
Ease of Doing Business 33 place 2019
Manufacturing PMI 51.4 index points Nov/20
Manufacturing Production 11.4 % Aug/20
Competitiveness Index 62.14 Index Points 2019
Competitiveness Rank 61 2019
Economic Optimism Index 89.5 Index points Nov/20
Leading Economic Index  3.4 % Oct/20
Total Vehicle Sales 80141 Units | 0.08 M Units Nov/20


Consumer Indicators

Indicator Data Period
Consumer Confidence 80.1 index points Nov/20
Private Debt To GDP 164 % 2018
Retail Sales MoM 2.8 % Sep/20
Retail Sales YoY 7.8 % Sep/20
Consumer Credit 828749248 TRY Thousand | 106.232 USD Billion Nov/20
Consumer Spending 299349216 TRY Thousand | 38.372 USD Billion 3Q/20
Households Debt To GDP 15.1 % 1Q/20


Housing Market

Indicator Data Period
Existing Home Sales 82598 Units | 82.598 K Units Oct/20
New Home Sales  36976 Units Oct/20


Government Debt
dept_icon
247.996
USD Billion
#20 from 65 countries
Balance of Trade
balance_icon
-2.374
USD Billion
#156 from 173 countries


Gold Reserves
gold_reserve_icon
561
Tonnes
#13 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
43.898
USD Billion
#19 from 114 countries


Government Budget Value
balance_icon
-0.586
USD Billion
#86 from 113 countries
Inflation Rate
inflation_icon
14.03
%
#20 from 174 countries


Interest Rate
discount_rate_icon
15
%
#14 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
13.2
%
#28 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries


Retirement Age
man_icon
woman_icon
60
58
men
women
Taxes
company_icon
private_icon
22%
35%
company profits
income of individuals