Turkey business confidence


Turkey business confidence: 104.4 (2.86%)
Last Update: March 31, 2024

Turkey business confidence closed down 104.4 as of March 31, 2024 from 101.5 from the previous month and 105.2 from last year.


Turkey business confidence Analytics & Data




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Turkey business confidence

Date Values
2024-03-31 104.4
2024-02-29 101.5
2024-01-31 100.9
2023-12-31 99.1
2023-11-30 100.2
2023-10-31 103.3
2023-09-30 104.4
2023-08-31 105
2023-07-31 106.8
2023-06-30 108.2
2023-05-31 108.3
2023-04-30 108
2023-03-31 105.2
2023-02-28 102.4
2023-01-31 101.7
2022-12-31 97.8
2022-11-30 97.9
2022-10-31 100.3
2022-09-30 99.9
2022-08-31 102.1


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Turkey business confidence Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
business confidence tr.bizconfidence 104.4 101.5 3 -1 UP Down 40 2024-03-31

Turkey business confidence Factors

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What is the Turkey business confidence

Turkey Business Confidence is a key indicator that provides insight into the overall sentiment, optimism, and expectations of businesses operating in Turkey's economy. It is measured through surveys and interviews conducted with businesses across various sectors.

Interpreting Turkey Business Confidence: 1. Current Business Confidence: This indicates the present state of optimism among businesses. A higher level suggests that businesses are positive about the current economic conditions, whereas a lower level signifies concerns or pessimism.

2. Historical Data: By analyzing the historical trends of business confidence, users can identify patterns or fluctuations in sentiment over time. This helps in understanding how businesses' outlook has evolved in response to economic, political, or social events.

3. Comparisons and Benchmarks: Comparing Turkey's business confidence with regional or global benchmarks can provide a perspective on how the country fares against others in terms of economic sentiment. It offers insights into relative competitiveness and potential investment opportunities.

4. Predictive Analysis: Turkey Business Confidence can also act as a leading indicator for future economic performance. When businesses are confident, they are more likely to invest, expand, and hire, which can drive economic growth. Conversely, declining confidence may indicate potential challenges ahead.

Using the Analytics and Charts: The webpage presents intuitive and interactive charts and analytics to help users interpret the data effectively. Users can explore charts that display trends over time, allowing them to visualize shifts in business confidence and analyze patterns.

Exporting Historical Data: The webpage offers the option to export historical data for free, enabling users to conduct further analysis using their preferred tools. This empowers users to delve deeper into business confidence trends, perform advanced statistical analysis, or merge it with other datasets.

Leveraging MacroVar Signals, Trends, and Analysis: Additionally, users can access MacroVar signals, trends, and analysis on the webpage. These provide insights into the broader macroeconomic conditions, helping businesses contextualize the business confidence data. It enables users to consider the impact of factors such as inflation, interest rates, trade dynamics, and government policies on business sentiment.

In conclusion, the Turkey Business Confidence webpage provides valuable information and tools to understand and interpret the sentiment of businesses operating in Turkey. By analyzing current and historical data, users can gain insights into the state of the economy, predict future trends, and make informed decisions.

Turkey Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
BIST 100 BIST 7959.95 0.5 0.75 1.15663 53.9485 0.00777 0.01357 0.0329 0.665
Turkey ETF TUR 33.98 -1 0 0.06992 39.0073 -0.00498 -0.00118 -0.12445 0.24972
Turkish Lira US Dollar (TRY/USD) TRYUSD 28.3534 1 1 1.36292 87.9983 0.00107 0.0067 0.0286 0.52363
Turkey 10-Year Bond Yield TR.10Y 28.595 1 1 2.36663 81.1416 0.07906 0.10619 0.13653 1.74424
Turkey 5-Year Bond Yield TR.5Y 19.335 1 1 2.22517 60.2564 0.04064 0.09858 0.10234 -0.18383
Turkey 2-year bond yield TR.2Y 19.14 1 1 2.83189 82.44 6.22 11.21 45.33 6.1
Turkey Yield Curve TR.YC -7.08 0.5 -1 -2.35315 27.9508 0.25979 0.416 1.20561 3.75168
Turkey Credit Default Swaps CDS.Turkey 284 -1 -1 -1.8167 20.6882 0.00531 -0.0173 -0.16409 -0.45853
Turkey Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade tr.balanceoftrade -5920 -6518.77 -9 -33 UP UP 22 2023-11-30
banks balance sheet tr.banks.bs 24547900000 23803800000 3 63 UP UP 88 2024-02-29
building permits tr.buildingpermits 187442 65145 188 242 UP UP 97 2023-10-31
business confidence tr.bizconfidence 104.4 101.5 3 -1 UP Down 40 2024-03-31
capacity utilization tr.caputilization 76.2 77.5 -2 1 Down UP 63 2024-01-31
capital flows tr.capitalflows -8265 -4359 90 3 Down Down 72 2024-02-29
car registrations tr.carregistrations 193600 213493 -9 78 Down UP 75 2024-02-29
cash reserve ratio tr.cashreserveratio 25 25 0 32 UP UP 72 2022-02-28
central bank balance sheet tr.cb.assets 6889690000 6861390000 0 99 Down Down 0 2024-02-29
consumer confidence tr.consconfidence 79.3 80.4 -1 -4 UP Down 38 2024-02-29
consumer price index cpi tr.cpi 2139.47 2073.88 3 68 UP UP 87 2024-03-31
core inflation rate tr.coreinflationrate 75.21 72.89 3 59 UP UP 70 2024-03-31
current account tr.currentaccount -3265 -2522 29 -64 Down UP 42 2024-02-29
current account to gdp tr.currentaccountgdp -5.4 -0.9 500 -7 Down UP 0 2022-01-31
deposit interest rate tr.depositrate 16 13.5 19 28 UP UP 77 2023-07-20
exports tr.exports 22580 21860 3 4 UP UP 40 2024-05-31
external debt tr.externaldebt 499886 481321 4 11 UP UP 45 2023-12-31
fiscal expenditure tr.fiscalexp 689.9 767.97 -10 77 Down UP 67 2024-02-29
foreign exchange reserves tr.fxreserves 68750 70680 -3 -25 Down Down 2 2029-06-30
gdp tr.gdp 905.99 819.04 11 9 UP UP 0 2022-12-31
Real GDP tr.realgdp 604781000 597306000 1 18 UP UP 52 2023-12-31
gdp growth tr.gdpgrowth 1 0.3 233 -17 Down Down 73 2023-12-31
gdp growth annual tr.gdpgrowthan 4 6.1 -34 -38 Down Down 50 2023-12-31
gold reserves tr.goldres 540.19 478.97 13 -1 UP Down 5 2023-12-31
government budget tr.govbudget -5.4 -0.9 500 315 Down Down 0 2023-01-31
Government budget tr.govbudgetvalue -208.97 -153.8 36 343 Down Down 87 2024-03-31
government debt tr.govdebt 7238140 6979750 4 61 UP UP 78 2024-03-31
government debt to gdp tr.govdebtgdp 31.7 41.8 -24 -21 Down Down 0 2022-01-31
government revenues tr.govrev 536.11 617.25 -13 145 UP UP 95 2024-02-29
housing index tr.housingindex 1190 1163.3 2 68 UP UP 60 2024-01-31
housing starts tr.housingstarts 21288 10117 110 135 UP UP 90 2023-10-31
imports tr.imports 28930 29389.9 -2 -6 Down Down 24 2023-11-30
industrial production tr.indproduction 11.5 1.3 785 -240 UP UP 17 2024-02-29
industrial production mom tr.indproductionmm 2.4 -16.9 -114 -141 UP UP 0 2024-02-29
inflation cpi tr.inflationcpi 68.5 67.07 2 36 UP UP 58 2024-03-31
interbank rate tr.interbankrate 15.63 15.63 0 0 Down Down 51 2023-08-15
interest rate tr.interestrate 17.5 15 17 25 UP UP 63 2023-07-20
lending rate tr.lendingrate 19 16.5 15 23 UP UP 67 2023-07-20
loans to private sector tr.loanprivate 5659410000 5408520000 5 50 UP UP 83 2024-02-29
long term unemployment rate tr.ltunemploymentrate 3.5 3.3 6 52 UP UP 0 2020-12-31
Manufacturing PMI tr.manpmi 50 50.2 -0 -2 UP Down 32 2024-03-31
money supply m1 tr.msm1 5516680000 5049630000 9 59 UP UP 60 2024-03-31
money supply m2 tr.msm2 14288600000 13952900000 2 58 UP UP 61 2024-03-31
money supply m3 tr.msm3 14928500000 14509800000 3 61 UP UP 62 2024-03-31
new home sales tr.newhomesales 28594 25263 13 22 Down UP 86 2024-02-29
Producer Price Index tr.producerprices 3252.79 3149.03 3 51 UP UP 70 2024-03-31
PPI Index tr.producerpricesch 51.47 47.29 9 -33 UP Down 40 2024-02-29
retail sales MoM tr.retailsales 3.5 2.7 30 -160 UP UP 0 2024-02-29
retail sales tr.retailsalesan 25.1 13.7 83 17 UP UP 63 2024-02-29
total vehicle sales tr.vehiclesales 109828 105990 4 6 UP UP 37 2024-03-31
unemployment rate tr.unemploymentrate 8.7 9 -3 -13 Down Down 22 2024-02-29
youth unemployment rate tr.ytunemploymentrate 15.6 16.4 -5 -17 Down Down 13 2024-02-29
foreign direct investment tr.fdi 217 399 -46 -31 Down Down 34 2024-02-29
Construction Confidence tr.esi.constr -8.8 -11 -2000 -900 UP UP 5200 2024-01-22
Consumer Confidence tr.esi.cons -24.7 -25.4 -300 600 Down Down 4800 2024-01-22
Industrial Confidence tr.esi.man -1.3 -0.4 22500 -5800 Down UP 6200 2024-01-22
Retail Confidence tr.esi.ret 15.2 16.4 -700 -3000 Down Down 2500 2024-01-22
Services Confidence tr.esi.serv 18.1 20.3 -1100 -2900 Down Down 3700 2024-01-22
ESI - Economic Composite tr.esi.conf 97.7 101.1 -3 9 Down UP 73 2022-02-28