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 740 USD Billion 2019
GDP Annual Growth Rate 6 % 4Q/19
GDP Growth Rate 1.9 % 4Q/19
GDP per capita 15027 USD 2018
Inflation Rate YoY 12.37 % Feb/20
Interest Rate 9.75 % Mar/20
Unemployment Rate 13.7 % Dec/19
Balance of Trade -4448 USD Million | -4.448 B USD Jan/20
Current Account -1804 USD Million | -1.804 B USD Jan/20
Foreign Exchange Reserves 141662 USD Million | 141.662 B USD Jan/20
Government Debt 1409519 TRY Million | 214.213 B USD Feb/20


GDP
vvp
740
USD Billion
#21 from 174 countries
GDP per capita
vvp
15027
USD
#52 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 740 USD Billion 2019
GDP Annual Growth Rate 6 % 4Q/19
GDP Growth Rate 1.9 % 4Q/19
GDP per capita 15027 USD 2018
Gross National Product 31671244 TRY Thousand | 6.9 USD Billion 2Q/16
GDP Constant Prices 478382432 TRY Thousand | 72.634 B USD 4Q/19
GDP per capita PPP 25287 USD 2018
GDP From Agriculture  25617592 TRY Thousand | 3.89 B USD 4Q/19
GDP From Construction  29640044 TRY Thousand | 4.5 B USD 4Q/19
GDP From Manufacturing  78256696 TRY Thousand | 11.882 B USD 4Q/19
GDP From Public Administration  47340872 TRY Thousand | 7.188 B USD 4Q/19
GDP From Services  114297384 TRY Thousand | 17.354 B USD 4Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 30.4 % 2018
Government Budget Value -12751019 TRY Thousand | -1.938 USD Billion Feb/20
Government Spending 74875848 TRY Thousand | 11.379 USD Billion 4Q/19
Government Debt 1409519 TRY Million | 214.213 USD Billion Feb/20
Government Revenues 81114648 TRY Thousand | 12.327 USD Billion Feb/20
Fiscal Expenditure  93865664 TRY Thousand | 14.265 B USD Feb/20
Government Budget to GDP -2 % 2018
Military Expenditure 22088 USD Million | 22.088 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 448 index points Feb/20
Export Prices 92.01 index points Jan/20
Food Inflation 10.58 % Feb/20
Gasoline Prices 0.82 USD/Liter Mar/20
GDP Deflator 192 index points 4Q/19
Import Prices 86.64 index points Jan/20
Inflation Rate YoY 12.37 % Feb/20
Producer Prices 465 index points Feb/20
Inflation Rate Mom 0.35 % Feb/20
Core Consumer Prices 372 Index Points Feb/20
Core Inflation Rate 9.97 % Feb/20
CPI Housing Utilities 496 Index Points Feb/20
CPI Transportation 427 Index Points Feb/20
Harmonised Consumer Prices 172 Index Points Feb/20
Producer Prices Change  9.26 % Feb/20


Trade Indicators

Indicator Data Period
Current Account to GDP -3.5 % 2018
Weapons Sales 364 USD Million 2018
Balance of Trade -4448 USD Million | -4.448 USD Billion Jan/20
Capital Flows 1688 USD Million | 1.688 USD Billion Jan/20
Current Account -1804 USD Million | -1.804 USD Billion Jan/20
Exports 14759 USD Million | 14.759 USD Billion Jan/20
External Debt 433889 USD Million | 433.889 USD Billion 3Q/19
Foreign Exchange Reserves 141662 USD Million | 141.662 USD Billion Jan/20
Imports 19207 USD Million | 19.207 USD Billion Jan/20
Terms of Trade  106 Index Points Jan/20
Tourism Revenues  1646 USD Million | 1.646 B USD Dec/19
Tourist Arrivals 1733112 Persons | 1.733 Million Persons Feb/20


Money Indicators

Indicator Data Period
Gold Reserves 385 Tonnes 4Q/19
Interbank Rate 9.23 % Mar/20
Interest Rate 9.75 % Mar/20
Loans to Private Sector 1308999168 TRY Thousand | 198.748 USD Billion Jan/20
Money Supply M1 787412992 TRY Thousand | 119.554 USD Billion Feb/20
Money Supply M2 2551412736 TRY Thousand | 387.386 USD Billion Feb/20
Money Supply M3 2668539648 TRY Thousand | 405.17 USD Billion Feb/20
Central Bank Balance Sheet 924742464 TRY Thousand | 140.405 B USD Feb/20
Deposit Interest Rate 8.25 % Mar/20
Foreign Direct Investment 567 USD Million | 0.567 B USD 2020
Private Sector Credit  2098881408 TRY Thousand | 3189.789 B USD Jan/20


Labor Indicators

Indicator Data Period
Minimum Wages 2943 TRY/Month | 446.841 USD/Month 4Q/20
Retirement Age Men 60 2019
Retirement Age Women 58 2019
Unemployment Rate 13.7 % Dec/19
Youth Unemployment Rate 25 % Dec/19
Employed Persons 27658 Thousand Person | 27.658 Million Person Dec/19
Employment Rate  45.5 % Dec/19
Full Time Employment 25244 Thousand Person 3Q/19
Labor Force Participation Rate 52.4 % Dec/19
Living Wage Family 3190 TRY/Month | 484.344 USD/Month 2018
Living Wage Individual 1930 TRY/Month | 293.036 USD/Month 2018
Long Term Unemployment Rate 3.4 % 3Q/19
Part Time Employment 2408 Thousand Persons 3Q/19
Unemployed Persons 4394 Thousand Persons | 4.394 Million Persons Dec/19
Wages High Skilled 2830 TRY/Month | 429.684 USD/Month 2018
Wages Low Skilled  1380 TRY/Month | 209.528 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 59 BBL/D/1K Nov/19
Electricity Production 25815 GWh Dec/19
Industrial Production 7.9 % Jan/20
Mining Production 8.5 % Jan/20
Steel Production 2851 Thousand Tonnes Feb/20
Car Production 127882 Units | 127.882 Units Feb/20
Industrial Production (MoM) -0.2 % Jan/20


Business Indicators

Indicator Data Period
Bankruptcies 865 companies Feb/20
Business Confidence 99.7 index points Mar/20
Corruption Index 39 index points 2019
Corruption Rank 91 place 2019
Ease of Doing Business 33 place 2019
Manufacturing PMI 52.4 index points Feb/20
Manufacturing Production 8.2 % Jan/20
Competitiveness Index 62.14 Index Points 2019
Competitiveness Rank 61 2019
Economic Optimism Index 91.8 Index points Mar/20
Leading Economic Index  5.94 % Feb/20
Total Vehicle Sales 47122 Units | 0.047 M Units Feb/20


Consumer Indicators

Indicator Data Period
Consumer Confidence 58.2 index points Mar/20
Private Debt To GDP 170 % 2017
Retail Sales MoM -0.8 % Jan/20
Retail Sales YoY 9.6 % Jan/20
Consumer Credit 621694656 TRY Thousand | 94.482 USD Billion Feb/20
Consumer Spending 277271200 TRY Thousand | 42.138 USD Billion 4Q/19
Households Debt To GDP 14.2 % 3Q/19


Housing Market

Indicator Data Period
Existing Home Sales 126594 Units | 126.594 K Units Dec/19
New Home Sales  75480 Units Dec/19


Government Debt
dept_icon
214.213
USD Billion
#20 from 65 countries
Balance of Trade
balance_icon
-4.448
USD Billion
#156 from 173 countries


Gold Reserves
gold_reserve_icon
385
Tonnes
#13 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
141.662
USD Billion
#19 from 114 countries


Government Budget Value
balance_icon
-1.938
USD Billion
#86 from 113 countries
Inflation Rate
inflation_icon
12.37
%
#20 from 174 countries


Interest Rate
discount_rate_icon
9.75
%
#14 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
13.7
%
#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