Economy of Turkey. Statistics, Data and Indicators

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

Turkey Major Economic Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 819 USD Billion | 2021 |
GDP Annual Growth Rate | 3.9 % | 3Q/22 |
GDP Growth Rate | -0.1 % | 3Q/22 |
GDP per capita | 13342 USD | 2021 |
Inflation Rate YoY | 57.68 % | Jan/23 |
Interest Rate | 9 % | Jan/23 |
Unemployment Rate | 10.2 % | Nov/22 |
Balance of Trade | -14300 USD Million | -14.3 B USD | Jan/23 |
Current Account | -3666 USD Million | -3.666 B USD | Nov/22 |
Foreign Exchange Reserves | 76210 USD Million | 76.21 B USD | Jan/23 |
Government Debt | 4033200 TRY Million | 214.175 B USD | Dec/22 |
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 819 USD Billion | 2021 |
GDP Annual Growth Rate | 3.9 % | 3Q/22 |
GDP Growth Rate | -0.1 % | 3Q/22 |
GDP per capita | 13342 USD | 2021 |
Gross National Product | 31671244 TRY Thousand | 6.9 USD Billion | 2Q/16 |
GDP Constant Prices | 561000256 TRY Thousand | 29.791 B USD | 3Q/22 |
GDP per capita PPP | 31467 USD | 2021 |
GDP From Agriculture | 58043444 TRY Thousand | 3.082 B USD | 3Q/22 |
GDP From Construction | 26179838 TRY Thousand | 1.39 B USD | 3Q/22 |
GDP From Manufacturing | 86192160 TRY Thousand | 4.577 B USD | 3Q/22 |
GDP From Public Administration | 55915044 TRY Thousand | 2.969 B USD | 3Q/22 |
GDP From Services | 139189584 TRY Thousand | 7.391 B USD | 3Q/22 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 42 % | 2021 |
Government Budget Value | -119 TRY Thousand | 0 USD Billion | Dec/22 |
Government Spending | 73614528 TRY Thousand | 3.909 USD Billion | 3Q/22 |
Government Debt | 4033200 TRY Million | 214.175 USD Billion | Dec/22 |
Government Revenues | 255 TRY Thousand | 0 USD Billion | Dec/22 |
Fiscal Expenditure | 374 TRY Thousand | 0 B USD | Dec/22 |
Government Budget to GDP | -2.7 % | 2021 |
Military Expenditure | 15479 USD Million | 15.479 B USD | 2021 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 1203 index points | Jan/23 |
Export Prices | 110 index points | Nov/22 |
Food Inflation | 71 % | Jan/23 |
Gasoline Prices | 1.13 USD/Liter | Jan/23 |
GDP Deflator | 223 index points | 3Q/22 |
Import Prices | 140 index points | Nov/22 |
Inflation Rate YoY | 57.68 % | Jan/23 |
Producer Prices | 2105 index points | Jan/23 |
Inflation Rate Mom | 6.65 % | Jan/23 |
Core Consumer Prices | 919 Index Points | Jan/23 |
Core Inflation Rate | 52.97 % | Jan/23 |
CPI Housing Utilities | 1276 Index Points | Jan/23 |
CPI Transportation | 1299 Index Points | Jan/23 |
Harmonised Consumer Prices | 432 Index Points | Dec/22 |
Producer Prices Change | 86.46 % | Jan/23 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | -1.7 % | 2021 |
Weapons Sales | 380 USD Million | 2021 |
Balance of Trade | -14300 USD Million | -14.3 USD Billion | Jan/23 |
Capital Flows | -2769 USD Million | -2.769 USD Billion | Nov/22 |
Current Account | -3666 USD Million | -3.666 USD Billion | Nov/22 |
Exports | 19400 USD Million | 19.4 USD Billion | Jan/23 |
External Debt | 442858 USD Million | 442.858 USD Billion | 3Q/22 |
Foreign Exchange Reserves | 76210 USD Million | 76.21 USD Billion | Jan/23 |
Imports | 33700 USD Million | 33.7 USD Billion | Jan/23 |
Terms of Trade | 78.82 Index Points | Nov/22 |
Tourism Revenues | 11374 USD Million | 11.374 B USD | Dec/22 |
Tourist Arrivals | 2551483 Persons | 2.551 Million Persons | Nov/22 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Gold Reserves | 489 Tonnes | 3Q/22 |
Interbank Rate | 15.63 % | Feb/23 |
Interest Rate | 9 % | Jan/23 |
Loans to Private Sector | 3586114304 TRY Thousand | 190.434 USD Billion | Nov/22 |
Money Supply M1 | 3077053440 TRY Thousand | 163.401 USD Billion | Dec/22 |
Money Supply M2 | 8134763520 TRY Thousand | 431.981 USD Billion | Dec/22 |
Money Supply M3 | 8366091264 TRY Thousand | 444.265 USD Billion | Dec/22 |
Central Bank Balance Sheet | 3535540480 TRY Thousand | 187.748 B USD | Nov/22 |
Deposit Interest Rate | 7.5 % | Jan/23 |
Foreign Direct Investment | 949 USD Million | 0.949 B USD | 2022 |
Private Sector Credit | 5524965888 TRY Thousand | 2933.928 B USD | Nov/22 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Minimum Wages | 10008 TRY/Month | 531.456 USD/Month | 2Q/23 |
Retirement Age Men | 60 | 2022 |
Retirement Age Women | 58 | 2022 |
Unemployment Rate | 10.2 % | Nov/22 |
Youth Unemployment Rate | 17.8 % | Nov/22 |
Employed Persons | 31574 Thousand Person | 31.574 Million Person | Nov/22 |
Employment Rate | 48.6 % | Nov/22 |
Full Time Employment | 23012 Thousand Person | 4Q/20 |
Labor Force Participation Rate | 54.1 % | Nov/22 |
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 | 3.5 % | 4Q/20 |
Part Time Employment | 3297 Thousand Persons | 4Q/20 |
Unemployed Persons | 3576 Thousand Persons | 3.576 Million Persons | Nov/22 |
Wages High Skilled | 2830 TRY/Month | 412.838 USD/Month | 2018 |
Wages Low Skilled | 1380 TRY/Month | 201.313 USD/Month | 2018 |
Taxes
Indicator | Data | Period |
---|---|---|
Corporate Tax Rate | 23 % | 2022 |
Personal Income Tax Rate | 40 % | 2022 |
Sales Tax Rate | 18 % | 2022 |
Social Security Rate | 34.5 % | 2022 |
Social Security Rate For Companies | 20.5 % | 2022 |
Social Security Rate For Employees | 14 % | 2022 |
Production Indicators
Indicator | Data | Period |
---|---|---|
Crude Oil Production | 72 BBL/D/1K | Aug/22 |
Electricity Production | 23886 GWh | Oct/22 |
Industrial Production | -1.3 % | Nov/22 |
Mining Production | -8.57 % | Nov/22 |
Steel Production | 2400 Thousand Tonnes | Nov/22 |
Car Production | 142314 Units | 142.314 Units | Dec/22 |
Industrial Production (MoM) | -1.1 % | Nov/22 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Bankruptcies | 4891 companies | Dec/22 |
Business Confidence | 102 index points | Jan/23 |
Corruption Index | 36 index points | 2022 |
Corruption Rank | 101 place | 2022 |
Ease of Doing Business | 33 place | 2019 |
Manufacturing PMI | 50.1 index points | Jan/23 |
Manufacturing Production | -0.41 % | Nov/22 |
Competitiveness Index | 62.14 Index Points | 2019 |
Competitiveness Rank | 61 | 2019 |
Economic Optimism Index | 99.3 Index points | Jan/23 |
Leading Economic Index | 4 % | Dec/22 |
Total Vehicle Sales | 115220 Units | 0.115 M Units | Dec/22 |
Consumer Indicators
Indicator | Data | Period |
---|---|---|
Consumer Confidence | 79.1 index points | Jan/23 |
Private Debt To GDP | 184 % | 2021 |
Retail Sales MoM | 1.5 % | Nov/22 |
Retail Sales YoY | 12.15 % | Nov/22 |
Consumer Credit | 1629415680 TRY Thousand | 86.527 USD Billion | Dec/22 |
Consumer Spending | 390386272 TRY Thousand | 20.731 USD Billion | 3Q/22 |
Households Debt To GDP | 12.5 % | 2Q/22 |
Housing Market
Indicator | Data | Period |
---|---|---|
Existing Home Sales | 80426 Units | 80.426 K Units | Nov/22 |
New Home Sales | 37380 Units | Nov/22 |