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Turkey Economic Indicators

BALANCE OF TRADE
Last: -2,500.39
UNITS IN: USD Million
The Turkish trade balance has been in deficit since 1947. In 2017 the trade gap widened 36.8 percent from the previous year to USD 76.7 billion, as imports jumped 17.7 percent, the sharpest increase since 2011 and exports rose at a slower 10.2 percent. Turkey major exports were road vehicles, textil...
The Turkish trade balance has been in deficit since 1947. In 2017 the trade gap widened 36.8 percent from the previous year to USD 76.7 billion, as imports jumped 17.7 percent, the sharpest increase since 2011 and exports rose at a slower 10.2 percent. Turkey major exports were road vehicles, textil...
CPI
Last: 427.04
UNITS IN: Index Points
GDP GROWTH RATE
Last: -1.5
UNITS IN: %
On the expenditure side, household consumption is the main component of Turkish GDP and accounts for 70 percent, followed by gross fixed capital formation (22 percent) and government expenditure (15 percent). Exports of goods and services account for 27 percent of GDP while imports account for 32 pe...
On the expenditure side, household consumption is the main component of Turkish GDP and accounts for 70 percent, followed by gross fixed capital formation (22 percent) and government expenditure (15 percent). Exports of goods and services account for 27 percent of GDP while imports account for 32 pe...
CURRENT ACCOUNT TO GDP
Last: -3.5
UNITS IN: %
GOVERMENT DEBT TO GDP
Last: 30.4
UNITS IN: %
HOUSING STARTS
Last: 1,733
UNITS IN: Units
INTEREST RATE
Last: 16.5
UNITS IN: %
In Turkey, benchmark interest rates are set by the Central Bank of the Republic of Turkey Monetary Policy Committee (Türkiye Cumhuriyet Merkez Bankasi - TCMB). From June 1st 2018, the main interest rate is the one-week repo rate and the overnight borrowing and lending rates will be determined at 150...
In Turkey, benchmark interest rates are set by the Central Bank of the Republic of Turkey Monetary Policy Committee (Türkiye Cumhuriyet Merkez Bankasi - TCMB). From June 1st 2018, the main interest rate is the one-week repo rate and the overnight borrowing and lending rates will be determined at 150...
UNEMPLOYMENT RATE
Last: 13.9
UNITS IN: %
In Turkey, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
In Turkey, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Currency
TRY/USD: 0.172
Inverted Rate: 5.792

Credit Rating

Moody'sS&PFitchDBRS
B1B+BB-BB (high)
NegativeStableNegativeNegative
Moody'sS&PFitchDBRS
RatingOutlookRatingOutlookRatingOutlookRatingOutlook
B1NegativeB+StableBB-NegativeBB (high)Negative

All Economic Indicators

GDP
Scroll for more details
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
766.51
Dec 2018
851.55
Dec 2017
7.99
Dec 1961
950.58
Dec 2013
 USD Billion Yearly 1960 - 2018
GDP Annual Growth Rate
-1.5
Jun 2019
-2.4
Mar 2019
-14.4
Mar 2009
11.7
Mar 2011
 % Quarterly 1999 - 2019
GDP Constant Prices
426,348,297.2
Jun 2019
386,563,005.9
Mar 2019
148,486,309.2
Mar 1999
464,528,287.9
Dec 2017
 TRY THO Quarterly 1998 - 2019
GDP From Agriculture
17,848,921
Jun 2019
10,654,652
Mar 2019
6,480,266
Mar 2002
55,318,148
Sep 2018
 TRY THO Quarterly 1998 - 2019
GDP From Construction
29,287,888.3
Jun 2019
24,674,005.5
Mar 2019
5,582,784.3
Mar 2002
36,146,657.3
Sep 2017
 TRY THO Quarterly 1998 - 2019
GDP From Manufacturing
70,922,402.5
Jun 2019
67,010,035.2
Mar 2019
23,491,042
Dec 2001
79,601,043.7
Dec 2017
 TRY THO Quarterly 1998 - 2019
GDP From Mining
213,551.9
Jun 2016
164,785.9
Mar 2016
116,491.4
Mar 2004
255,476.1
Sep 2014
 TRY THO Quarterly 1998 - 2016
GDP From Public Administration
46,799,195.63
Jun 2019
46,106,965.42
Mar 2019
21,779,242.77
Sep 1998
46,799,195.63
Jun 2019
 TRY THO Quarterly 1998 - 2019
GDP From Services
99,589,464.4
Jun 2019
89,164,392
Mar 2019
35,367,503.2
Mar 1999
107,042,725.3
Dec 2017
 TRY THO Quarterly 1998 - 2019
GDP From Transport
4,095,462
Jun 2016
3,875,510
Mar 2016
1,498,463
Mar 1999
4,175,844
Dec 2015
 TRY THO Quarterly 1998 - 2016
GDP From Utilities
587,421
Jun 2016
479,733
Mar 2016
204,058
Mar 1998
716,688
Dec 2015
 TRY THO Quarterly 1998 - 2016
GDP Growth Rate
1.2
Jun 2019
1.6
Mar 2019
-5.2
Jun 2001
5.7
Dec 2016
 % Quarterly 1998 - 2019
GDP per capita
15,026.7
Dec 2018
14,870.7
Dec 2017
3,134.8
Dec 1961
15,026.7
Dec 2018
 USD Yearly 1960 - 2018
Gross National Product
31,671,243.4
Jun 2016
30,367,559.6
Mar 2016
14,600,600.2
Mar 1999
35,262,640.5
Sep 2015
 TRY THO Quarterly 1998 - 2016
GDP per capita PPP
25,286.6
Dec 2018
25,024
Dec 2017
11,289.9
Dec 1991
25,286.6
Dec 2018
 USD Yearly 1990 - 2018
Gross Fixed Capital Formation
104,251,294.6
Jun 2019
103,249,170.1
Mar 2019
82,266.4
Mar 1996
138,491,375.1
Dec 2017
 TRY THO Quarterly 1996 - 2019
prices
business
trade
labour
government
money
consumer
taxes
housing
climate

Latest Releases and Calendar Events

News

All News
DATETIMETITLE
Oct 15, 201909:40Turkey Jobless Rate Rises to 13.9% in July
Oct 3, 201907:19Turkish Inflation Rate Drops to Near 3-Year Low
Sep 30, 201907:58Turkey Trade Gap Little-Changed in August
Sep 16, 201909:15Turkey Jobless Rate Climbs to 13% in June
Sep 12, 201911:25Turkey Cuts Interest Rates by 325bps
Sep 3, 201908:59Turkish Inflation Rate Eases to 15-Month Low
Sep 2, 201915:52Turkish GDP Contracts Less than Expected in Q2

Calendar

ECONOMIC CALENDAR
DATETIMEEVENT
Sep 2, 201907:00GDP Growth Rate YoY
May 31, 201907:00GDP Growth Rate YoY
Jun 24, 201800:00Presidential Election
Jun 24, 201800:00Parliamentary Election

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