Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Economy of Turkey. Statistics, Data and Indicators

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


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



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