Turkey Economy & Turkey Markets Data analytics

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MacroVar monitors real-time economic, financial and geopolitical developments for the Turkey economy and Turkey markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.

Turkey Overview

 
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Turkey Overview presents the current trends and dynamics of the major Turkey financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.


Symbol Price 1D% MoM% YoY% M T B Details
BIST 100 BIST 10029.3 0.52 0.03 24.86
Description
Turkey 2-year bond yield TR.2Y 38.68 8.11 -0.02 1.39
Description
Turkey 10-Year Bond Yield TR.10Y 27.75 6 -0.02 13.87
Description
Turkish Lira US Dollar (TRY/USD) TRYUSD 35.6 0.05 0.02 16.75
Description
Manufacturing PMI tr.manpmi 49.1 2 2 4
Description
ESI - Economic Composite tr.esi.conf 97.7 -3 -3 9
Description
Symbol Price 1D% MoM% YoY% M T B Details
BIST 100 BIST 10029.3 0.52 0.03 24.86
Description
Turkey ETF TUR 36.39 1.31 -0.02 7.47
Description
Turkey 2-year bond yield TR.2Y 38.68 8.11 -0.02 1.39
Description
Turkey 10-Year Bond Yield TR.10Y 27.75 6 -0.02 13.87
Description
Turkey Yield Curve TR.YC -10.93 13.85 -0.04 -23.97
Description
Turkish Lira US Dollar (TRY/USD) TRYUSD 35.6 0.05 0.02 16.75
Description
Turkey Credit Default Swaps CDS.Turkey 277.25 1.56 0.12 -10.85
Description
Symbol Price 1D% MoM% YoY% M T B Details
ESI - Economic Composite tr.esi.conf 97.7 -3 -3 9
Description
Manufacturing PMI tr.manpmi 49.1 2 2 4
Description
GDP Growth (annual) tr.gdpgrowthan 2.1 -16 -16 -72
Description
Inflation CPI tr.inflationcpi 44.38 -6 -6 -31
Description
Unemployment rate tr.unemploymentrate 8.6 -1 -1 -4
Description
Symbol Price 1D% MoM% YoY% M T B Details
USDTRY Implied Volatility USDTRY.IV 15.24 -6.96 -0.45 25.43
Description
BIST 100 BIST 10029.3 0.52 0.03 24.86
Description
Turkey 2-year bond yield TR.2Y 38.68 8.11 -0.02 1.39
Description
Turkey 10-Year Bond Yield TR.10Y 27.75 6 -0.02 13.87
Description
Turkish Lira US Dollar (TRY/USD) TRYUSD 35.6 0.05 0.02 16.75
Description
Turkey Credit Default Swaps CDS.Turkey 277.25 1.56 0.12 -10.85
Description

Turkey Market News

  
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Time Headlines
2024-02-29 10:40 Statement about the Turkish Repo Rate
2024-02-29 10:40 The Turkish weekly repo rate was reported at 45%, matching both the forecast and the previous rate of 45.00%.
2023-12-06 19:11 President Erdogan of Turkey has stated that the era of significant devaluation for the country's currency, the lira, has come to an end.
Monitor Real-Time Market News >>

Turkey Economic Sectors

 
MacroVar analyzes in detail the dynamics of the Turkey economy by economic sector and subsector based on data obtained from Eurostat. MacroVar presents for free current dynamics of Turkey economic sectors.


Sectors Last Previous Trend Momentum Trend MoM% QoQ% YoY%
General Economic Conditions 92.8 95.4 -3 -4 -5
Manufacturing sector -3.9 -2.2 77 129 875
Services sector 21.7 23.1 -6 -8 0
Retail sector 8.6 10.8 -20 -20 -51
Consumer sector -21.9 -19.7 11 5 46
Construction sector -12.7 -12.3 3 12 17
Employment dynamics 101.8 102.9 -1 0 -4
Turkey's detailed economic sector analysis by subsectors and industries is only available to Premium users.

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Turkey Economic Calendar

 
Economic calendar presents real-time updates for actual, forecasts and consensus values of economic indicators and updates related to the Turkey economy.


Time Imp Event Country Actual Previous Forecast
22/01 00:00 unemployment rate Slovenia
22/01 03:00 money supply m2 Indonesia 7% 9.08e+006%
22/01 04:00 inflation rate Malaysia 1.7% 1.8% 1.8%
22/01 07:00 government budget value United Kingdom £-17.81B £-11.80B £ -11.3B
22/01 08:00 core inflation rate South Africa 3.6% 3.7% 4.3%
22/01 08:00 inflation rate South Africa 3% 2.9% 3.1%
22/01 08:00 unemployment rate Taiwan 3.39% 3.41% 3.4%
22/01 09:00 industrial production Poland 0.2% -1.5% 2.1%
22/01 09:00 producer prices change Poland -2.6% -3.8% -2.0%
22/01 11:00 producer prices change Ireland 3.3% 2.1% 2.4%
22/01 11:00 producer prices change Latvia 0.1% -1.2% 0.1%
22/01 11:00 retail sales mom South Africa 0.8% 1.6% 0.8%
22/01 11:00 retail sales yoy South Africa 7.7% 6.2% 4.0%
22/01 12:00 mortgage rate United States 7.02% 7.09%
22/01 12:30 money supply m3 India 10.1% 9.3%
22/01 13:30 producer prices change Canada 4.1% 2.2% 2.4%
22/01 19:00 retail sales yoy Argentina 127.1% 115.0%
22/01 21:00 business confidence South Korea 60
22/01 23:50 balance of trade Japan ¥-117.6B ¥ 100B
23/01 00:00 government revenues Brazil BRL 255.1B
23/01 00:30 business confidence Australia -3 3
23/01 05:00 core inflation rate Singapore 1.9% 2.5%
23/01 05:00 inflation rate Singapore 1.6% 1.8%
23/01 05:30 consumer confidence Netherlands -26
23/01 07:00 business confidence Denmark 3
23/01 07:00 consumer confidence Denmark -13.1
23/01 07:00 consumer confidence Turkey 81.3
23/01 07:45 business confidence France 97
23/01 08:00 industrial production Taiwan 7.9%
23/01 08:00 retail sales yoy Taiwan 4.8%
23/01 08:20 money supply m2 Taiwan 5.47%
23/01 09:00 retail sales yoy Poland 3.1% 4.3%
23/01 10:00 consumer confidence Belgium
23/01 11:30 foreign exchange reserves Turkey
23/01 13:30 retail sales mom Canada 0.6% 0.0%
23/01 13:30 retail sales mom Canada
23/01 13:30 retail sales yoy Canada 1.5% 1.6%
23/01 13:30 retail sales ex autos Canada
23/01 13:30 continuing jobless claims United States
23/01 13:30 initial jobless claims United States
23/01 15:00 consumer confidence Eurozone
23/01 22:00 composite pmi Australia 50.2
23/01 22:00 manufacturing pmi Australia 47.8
23/01 22:00 services pmi Australia 50.8
23/01 23:30 core inflation rate Japan 2.2%
23/01 23:30 inflation rate Japan 2.9% 2.6%
24/01 00:01 consumer confidence United Kingdom -17
24/01 00:30 composite pmi Japan 50.8
24/01 00:30 manufacturing pmi Japan 49.5
24/01 00:30 services pmi Japan 51.4
24/01 01:00 balance of trade Philippines $-4.767B $ -4.1B
24/01 05:00 composite pmi India 60.7
24/01 05:00 manufacturing pmi India 56.4
24/01 05:00 services pmi India 59.3
24/01 05:00 industrial production Singapore 8.5% 7%
24/01 05:00 industrial production mom Singapore -0.4% 2.3%
24/01 06:00 producer prices change Finland -1.5% -1.5%
24/01 06:00 unemployment rate Finland 8.00%
24/01 07:00 producer prices change Sweden 0.3% 5.2%
24/01 07:00 unemployment rate Sweden 7.4% 7.40%
24/01 07:30 unemployment rate Hungary 4.7% 4.8%
24/01 08:00 business confidence Czech Republic 96.9 96.5
24/01 08:00 consumer confidence Czech Republic 100.4 99.9
24/01 08:00 producer prices change Spain 0.9% 1.5%
24/01 08:00 gdp annual growth rate Taiwan 4.17% 2.8%
24/01 08:15 manufacturing pmi France 41.9
24/01 08:15 services pmi France
24/01 08:30 composite pmi Germany
24/01 08:30 manufacturing pmi Germany
24/01 08:30 services pmi Germany 51.2
24/01 09:00 composite pmi Eurozone
24/01 09:00 manufacturing pmi Eurozone 45.6
24/01 09:00 services pmi Eurozone
24/01 09:00 unemployment rate Poland 4.9% 5.00%
24/01 09:30 consumer confidence Slovenia -27
24/01 09:30 composite pmi United Kingdom
24/01 09:30 manufacturing pmi United Kingdom 47
24/01 09:30 services pmi United Kingdom 51.1
24/01 11:00 balance of trade Luxembourg €-0.71B €-0.84B
24/01 11:00 business confidence United Kingdom -24 4
24/01 11:30 foreign exchange reserves India
24/01 12:00 producer prices change Chile 11.7% 9.6%
24/01 13:00 money supply m3 Poland 8.7% 9.0%
24/01 14:45 composite pmi United States
24/01 14:45 manufacturing pmi United States 49.4
24/01 14:45 services pmi United States
24/01 15:00 consumer confidence United States
24/01 15:00 michigan current economic conditions United States 75.1
24/01 15:00 michigan consumer expectations United States
24/01 15:00 michigan inflation expectations United States 2.8%
24/01 15:00 michigan current economic conditions United States 75.1
24/01 15:00 michigan consumer expectations United States
24/01 15:00 michigan inflation expectations United States 2.8%
24/01 16:00 kansas fed manufacturing index United States -5
27/01 00:00 building permits United States 1.493M 1.6M
27/01 02:00 foreign direct investment Vietnam $25.35B
27/01 02:45 balance of trade Thailand $-0.22B $ 1.4B
27/01 06:00 consumer confidence Finland -8.6
27/01 07:00 retail sales mom Denmark -0.2% 0.3%
27/01 07:00 retail sales yoy Denmark 3.4% -2%
27/01 07:00 industrial production Lithuania 3.5% 4.5%
27/01 07:00 industrial production mom Lithuania 4.4% 0.6%
27/01 07:00 retail sales yoy Lithuania 7.2% 1.9%
27/01 07:00 unemployment rate Norway 3.7% 3.80%
27/01 07:00 business confidence Turkey 99.1
27/01 07:00 capacity utilization Turkey 75.8%
27/01 08:30 balance of trade Hong Kong H$-43.4B H$ -68B
27/01 09:00 business confidence Germany 84.7
27/01 09:00 ifo current conditions Germany 85.1
27/01 09:30 business confidence Slovenia -8
27/01 11:00 loan growth Greece 5% 6.0%
27/01 11:30 loan growth Brazil 1.2% 2%
27/01 12:00 balance of trade Mexico $-0.133B $ 3.9B
27/01 14:00 business confidence Belgium -13.8 -14.2
27/01 14:00 consumer confidence Argentina 46 46.2
27/01 15:00 new home sales United States
27/01 15:30 dallas fed manufacturing index United States 3.4
28/01 02:30 unemployment rate Singapore 1.9% 2.00%
28/01 04:00 producer prices change Malaysia -0.4% -1.0%
28/01 05:10 producer prices change Singapore -3% 1.6%
28/01 07:00 retail sales mom Norway 0.3% 0.15%
28/01 07:45 consumer confidence France 89
28/01 08:00 unemployment rate Spain 11.21% 11.70%
28/01 09:30 retail sales mom Slovenia
28/01 09:30 retail sales yoy Slovenia 0% 5%
28/01 11:00 gdp growth rate Ireland 3.5% 0.7%
28/01 11:00 gdp annual growth rate Ireland 2.9% 0.8%
28/01 13:30 durable goods orders United States -1.1% 1.2%
28/01 13:30 durable goods orders ex defense United States -0.3% 1.4%
28/01 13:30 durable goods orders ex transportation United States -0.1% 0.4%
28/01 15:00 richmond fed manufacturing index United States
28/01 15:00 richmond fed services index United States 23 19
28/01 18:00 money supply m2 United States $21.45T
29/01 00:30 consumer price index cpi Australia 139.1
29/01 00:30 core inflation rate Australia 3.5% 3.4%
29/01 00:30 inflation rate Australia 2.8% 2.2%
29/01 01:01 consumer confidence Ireland 73.9
29/01 02:00 balance of trade Vietnam $0.52B
29/01 02:00 industrial production Vietnam 8.8%
29/01 02:00 inflation rate Vietnam 2.94%
29/01 02:00 retail sales yoy Vietnam 9.3%
29/01 05:00 consumer confidence Japan 36.2
29/01 06:00 business confidence Finland -9
29/01 07:00 consumer confidence Germany -21.3
29/01 07:00 gdp growth rate Sweden -0.1% 0.5%
29/01 07:00 gdp annual growth rate Sweden -0.1% 0.2%
29/01 07:00 loan growth Sweden 1.6% 1.5%
29/01 08:00 gdp growth rate Spain 0.8% 0.3%
29/01 08:00 gdp annual growth rate Spain 3.3% 3.2%
29/01 09:00 manufacturing pmi Austria
29/01 09:00 loan growth Eurozone 0.9% 0.6%
29/01 09:00 loans to private sector Eurozone 1%
29/01 09:00 money supply m3 Eurozone 3.8%
29/01 09:00 business confidence Italy 85.8
29/01 09:00 consumer confidence Italy 96.3
29/01 10:00 gdp growth rate Belgium 0.3% 0.3%
29/01 10:00 gdp annual growth rate Belgium 1.2% 1.1%
29/01 11:00 retail sales mom Ireland 0.5% -0.5%
29/01 11:00 retail sales yoy Ireland -1% 2.9%
29/01 11:00 gdp growth rate Latvia -0.2% 0.6%
29/01 11:00 retail sales mom Latvia 1.1% -0.2%
29/01 11:00 retail sales yoy Latvia 2%
29/01 11:00 unemployment rate Portugal 6.7% 6.50%
29/01 12:00 unemployment rate Mexico 2.70%
29/01 12:00 mortgage rate United States
29/01 21:45 balance of trade New Zealand NZ$-0.437B NZ$ -0.34B
29/01 21:45 exports New Zealand NZ$ 6.3B
29/01 21:45 imports New Zealand NZ$6.92B NZ$ 6.6B
Monitor Real-Time Calendar >>

Turkey Economic Overview

  
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Turkey economic overview presents a snapshot of US current economic conditions. You can find details for the Turkey economy subsections by exploring the sections below.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
ESI - Economic Composite tr.esi.conf 97.7 101.1 -3 9 Down UP
Industrial New Orders tr.man.orders -13.3 -12.4 7 -4 UP UP
Industrial Prices tr.man.priceexp 38.0 37.6 1 -3 Down Down
Manufacturing PMI tr.manpmi 49.1 48.3 2 4 UP UP
Industrial Confidence tr.esi.man 0.6 -0.5 -220 -135 UP UP
Services Confidence tr.esi.serv 18.1 19.9 -9 -8 Down Down
Consumer Confidence tr.esi.cons -20.5 -19.9 3 -17 UP UP
Retail Confidence tr.esi.ret 13.8 13.4 3 -4 UP Down
Construction Confidence tr.esi.constr -11.5 -13.3 -14 26 UP Down

Turkey Manufacturing

  
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MacroVar tracks hundreds of indicators related to Turkey manufacturing sector.


1Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
Manufacturing PMI tr.manpmi 49.1 48.3 2 4 UP UP
industrial production tr.indproduction 1.5 -3.1 -148 -25 UP Down

Turkey consumer sentiment

  
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Consumer spending makes a large part of the Turkey Economy.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
consumer confidence tr.consconfidence 81.3 79.8s 2 5 UP UP
Consumer Confidence tr.esi.cons -20.5 -19.9s 3 -17 UP UP
EEI - Employment Composite tr.eei.emp 99.5 104.4s -5 9 Down UP
unemployment rate tr.unemploymentrate 8.6 8.7s -1 -4 Down Down
retail sales tr.retailsalesan 16.4 15s 9 7 UP UP
retail sales MoM tr.retailsales 1.9 0.2s 850 27 UP UP
car registrations tr.carregistrations 188966.0 209401s -10 4 Down UP
building permits tr.buildingpermits 165134.0 137210s 20 255 UP UP

Turkey Construction

  
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The Turkey construction sector is a significant component of the Turkey economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
building permits tr.buildingpermits 165134.0 137210 20 255 UP UP
housing starts tr.housingstarts 7907.0 8072 -2 -18 Down Down
new home sales tr.newhomesales 49274.0 57679 -15 62 UP UP

Turkey Macroeconomic outlook

  
Turkey Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the Turkey economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore Turkey macroeconomic model in detail.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
gdp tr.gdp 1108.02 905.99 22 27 UP UP
Real GDP tr.realgdp 612403962.0 543800000 13 14 UP UP
gdp growth annual tr.gdpgrowthan 2.1 2.5 -16 -72 Down Down
gdp growth tr.gdpgrowth -0.2 0.1 -300 -107 Down Down
inflation cpi tr.inflationcpi 44.38 47.09 -6 -31 Down Down
interest rate tr.interestrate 50.0 50 0 25 UP UP
unemployment rate tr.unemploymentrate 8.6 8.7 -1 -4 Down Down
government debt tr.govdebt 9250800.0 9004600 3 37 UP UP
external debt tr.externaldebt 525800.0 512779 3 16 UP UP
government debt to gdp tr.govdebtgdp 29.5 30.8 -4 -19 Down Down
current account tr.currentaccount -2871.0 1836 -256 -5 Down UP
current account to gdp tr.currentaccountgdp -4.0 -5.1 -22 -55 Down UP
exports tr.exports 23463.0 22289.2 5 4 UP UP
imports tr.imports 32287.0 29748.2 9 8 UP UP
foreign exchange reserves tr.fxreserves 94430.0 92590 2 1 UP UP
gold reserves tr.goldres 595.37 584.93 2 51 UP UP
government revenues tr.govrev 769.21 831.6 -8 74 UP UP
fiscal expenditure tr.fiscalexp 955.48 932.07 3 67 UP UP

Turkey Inflation

  
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Indicator Symbol Actual Previous M/M% Y/Y% Trend
inflation cpi tr.inflationcpi 44.38 47.09 -6 -31
core inflation rate tr.coreinflationrate 45.34 47.13 -4 -36
Produce Prices YoY tr.producerpricesch 28.52 29.47 -3 -36

Turkey Employment

  
MacroVar monitors leading indicators (ESI employment activity) and lagging indicators of Turkey employment. Turkey employment is one of the major factors affecting ECB monetary policy.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
unemployment rate tr.unemploymentrate 8.6 8.7 -1 -4 Down Down

Turkey Monetary Policy

  
Turkey Monetary policy is monitored by tracking the most important indicators related to the central bank's balance sheet and interest rates.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
interest rate tr.interestrate 50.0 50 0 25 UP UP
central bank balance sheet tr.cb.assets 8382218564.0 8099250000 3 37 UP UP
banks balance sheet tr.banks.bs 30913326166.0 30622800000 1 38 UP UP
money supply m1 tr.msm1 6186986375.8 6089270000 2 34 UP UP
money supply m2 tr.msm2 17500661653.1 16880600000 4 34 UP UP
government debt to gdp tr.govdebtgdp 29.5 30.8 -4 -19 Down Down
loans to private sector tr.loanprivate 8367919703.0 8266810000 1 66 UP UP
Turkey Credit Rating (S&P) RATING.S&P.TR
Turkey Credit Rating (Moody's) RATING.MOODYS.TR
Turkey Credit Rating (Fitch) RATING.FITCH.TR

Turkey Fiscal Policy

  
Turkey Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
government revenues tr.govrev 769.21 831.6 -8 74 UP UP
fiscal expenditure tr.fiscalexp 955.48 932.07 3 67 UP UP
government budget tr.govbudget -5.2 -1 420 300 Down Down
Government budget tr.govbudgetvalue -829.2 -16.65 4880 -2 Down UP
government debt tr.govdebt 9250800.0 9004600 3 37 UP UP
government debt to gdp tr.govdebtgdp 29.5 30.8 -4 -19 Down Down

Turkey Trade

  
Turkey trade activity is monitored by tracking Trade and Capital flows.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
current account tr.currentaccount -2871.0 1836 -256 -5 Down UP
current account to gdp tr.currentaccountgdp -4.0 -5.1 -22 -55 Down UP
balance of trade tr.balanceoftrade -8824.0 -7458.95 18 21 Down Down
imports tr.imports 32287.0 29748.2 9 8 UP UP
exports tr.exports 23463.0 22289.2 5 4 UP UP
capital flows tr.capitalflows -4396.0 1669 -363 60 Down Down
foreign direct investment tr.fdi 721.0 417 73 12 UP UP
external debt tr.externaldebt 525800.0 512779 3 16 UP UP
foreign exchange reserves tr.fxreserves 94430.0 92590 2 1 UP UP
gold reserves tr.goldres 595.37 584.93 2 51 UP UP