DEVELOPMENTS IN THE TURKISH ECONOMY

   
09/05/2025 Turkey’s Industrial Production Index increased monthly by 3.4% in March 2025
08/05/2025 Turkey’s Investment Office has published its May 2025 newsletter
08/05/2025 Turkish Treasury reports cash deficit of USD 4.8 billion in April 2025
05/05/2025 Turkey’s official annual inflation rate decreases to 37.86% in April 2025
05/05/2025 Total automotive sales in Turkey increased 38.8% in April 2025
03/05/2025 Turkish Central Bank implements measures to support Turkish lira
02/05/2025 Turkey’s non-performing loans are USD 9.3 billion, 1.95% of total loans as of March 2025
02/05/2025 Turkey’s foreign trade deficit is USD 12 billion in April per preliminary calculations
30/04/2025 No. of foreigners visiting Turkey decreased 13.1% in March 2025
30/04/2025 Turkey’s foreign trade deficit is USD 7.2 billion in March 2025
30/04/2025 Turkey’s tourism revenue increases 5.6% to USD 9.5 billion in 1st Qtr of 2025
29/04/2025 Turkey’s official unemployment rate is 7.9% in March 2025
29/04/2025 Turkey’s economic confidence index decreases 4.2% to 96.6 points in April 2025
22/04/2025 Turkey’s consumer confidence index decreases 2.3% to 83.9 points in April 2025
21/04/2025 Turkey’s central administration gross debt stock is TL 10,270.6 billion as of March 2025
21/04/2025 Turkey’s net international investment position is minus USD 279 billion as of February 2025
18/04/2025 Turkey’s short-term external debt stock is USD 173.2 billion as of February 2025
18/04/2025 No. of companies closing in Turkey in March 2025 increased by 15.1%
17/04/2025 Turkey’s private sector foreign debt is USD 179.2 billion as of February 2025
17/04/2025 Turkish Central Bank increases its policy interest rate from 42.5% to 46%
16/04/2025 Turkey’s budget deficit is USD 6.9 billion in March 2025
16/04/2025 Property sales to foreigners in Turkey are 1.4% of total sales in March 2025
14/04/2025 FDI to Turkey in February 2025 is USD 561 million
14/04/2025 Turkey has a current account deficit of USD 4.4 billion in February 2025
13/04/2025 Turkey’s automotive production decreased 8.7% in 1st Quarter of 2025
11/04/2025 Turkey’s Investment Office has published its April 2025 newsletter
10/04/2025 Turkey’s Industrial Production Index decreased monthly by 1.6% in February 2025
08/04/2025 Turkish Treasury reports cash deficit of USD 7.9 billion in March 2025
04/04/2025 Turkish Central Bank’s gross reserves fell 6.7% to USD 156.5 billion as of March 28th, 2025
04/04/2025 Turkey’s foreign trade deficit is USD 7.3 billion in March per preliminary calculations
03/04/2025 Turkey’s official annual inflation rate decreases to 38.10% in March 2025
03/04/2025 Total automotive sales in Turkey increased 6.4% in March 2025
02/04/2025 Turkey’s non-performing loans are USD 9.2 billion, 1.94% of total loans as of February 2025
28/03/2025 Turkey’s economic confidence index increases 1.6% to 100.8 points in March 2025
28/03/2025 Turkey’s gross external debt stock is USD 515.5 billion at yearend 2024
27/03/2025 Turkey’s foreign trade deficit is USD 7.8 billion in February 2025
27/03/2025 Turkey’s official unemployment rate is 8.2% in February 2025
25/03/2025 Istanbul falls to 107th place on the Global Financial Centres Index
21/03/2025 Turkey’s consumer confidence index increases 4.6% to 85.9 points in March 2025
21/03/2025 No. of foreigners visiting Turkey decreased 5.3% in February 2025
21/03/2025 No. of companies opening in Turkey in February 2025 decreased by 8.7%
20/03/2025 Turkish Central Bank intervenes to prevent run on Turkish lira
20/03/2025 The official annual unemployment rate for 2024 has been announced as 8.7%
20/03/2025 Turkey’s central administration gross debt stock is TL 9,909.6 billion as of February 2025
19/03/2025 Turkey’s net international investment position is minus USD 286.6 billion as of January 2025
18/03/2025 Turkey’s short-term external debt stock is USD 174.6 billion as of January 2025
17/03/2025 Turkey’s private sector foreign debt is USD 177 billion as of January 2025
17/03/2025 Turkey’s budget deficit is USD 8.5 billion in February 2025
16/03/2025 Turkey’s automotive production decreased 13.4% in February 2025
13/03/2025 Turkey has a current account deficit of USD 3.8 billion in January 2025
13/03/2025 FDI to Turkey in January 2025 is USD 1.4 billion
13/03/2025 Property sales to foreigners in Turkey decrease to 1.3% of total sales in February 2025
10/03/2025 Turkey’s Industrial Production Index decreased monthly by 2.3% in January 2025
10/03/2025 Turkish Central Bank’s gross reserves decrease 0.3% to USD 165.4 billion as of February 28th, 2025
10/03/2025 Turkey’s Investment Office has published its March 2025 newsletter
07/03/2025 Turkish Treasury reports cash deficit of USD 10.9 billion in February 2025
06/03/2025 Turkish Central Bank reduces its policy interest rate from 45% to 42.5%
04/03/2025 Turkey’s foreign trade deficit is USD 8.2 billion in February 2025 per preliminary calculations
04/03/2025 Total automotive sales in Turkey decreased 14.4% in February 2025
03/03/2025 Turkey’s official annual inflation rate decreases to 39.05% in February 2025
03/03/2025 Turkey’s non-performing loans are USD 8.8 billion, 1.89% of total loans as of January 2025
28/02/2025 Turkey’s official unemployment rate is 8.4% in January 2025
28/02/2025 Turkey’s economy grows 3.2% in 2024
27/02/2025 Turkey’s economic confidence index decreases 0.5% to 99.2 points in February 2025
27/02/2025 Turkey’s foreign trade deficit is USD 7.5 billion in January 2025
24/02/2025 No. of foreigners visiting Turkey increased 6.1% in January 2025
21/02/2025 No. of companies closing in Turkey in January 2025 increased by 16.2%
20/02/2025 Turkey’s central administration gross debt stock is TL 9,579,3 billion as of January 2025
20/02/2025 Turkey’s net international investment position is minus USD 294.7 billion as at yearend 2024
20/02/2025 Turkey’s consumer confidence index increases 1.4% to 82.1 points in February 2025
19/02/2025 Turkey’s short-term external debt stock is USD 172.3 billion as of yearend 2024
18/02/2025 Turkey’s private sector foreign debt is USD 173.3 billion as of yearend 2024
17/02/2025 Turkey’s automotive production decreased 2.8% in January 2025
17/02/2025 Turkey’s budget deficit is USD 3.9 billion in January 2025
14/02/2025 Property sales to foreigners in Turkey decrease 24.9% in January 2025
13/02/2025 Turkish Central Bank’s gross reserves increase 7% to USD 166 billion as of January 31st, 2025
13/02/2025 Turkey has a current account deficit of USD 10 billion in 2024
13/02/2025 FDI to Turkey in 2024 is USD 11.3 billion
10/02/2025 Turkey’s official unemployment rate is 8.5% in December 2024
10/02/2025 Turkey’s Industrial Production Index increased annually by 7% in 2024
10/02/2025 Deloitte has published its 2024 M&A review for Turkey
07/02/2025 Turkey’s Investment Office has published its February 2025 newsletter
07/02/2025 Turkish Treasury reports cash deficit of USD 5.7 billion in January 2025
07/02/2025 Turkish Central Bank revises its inflation forecast for 2025 yearend up to 24% from 21%
06/02/2025 Turkey’s population announced as 85,664,944 as of 31.12.2024
04/02/2025 Total automotive sales in Turkey decrease 13.9% in January 2025
03/02/2025 Turkey’s official annual inflation rate decreases to 42.12% in January 2025
03/02/2025 Turkey’s foreign trade deficit is USD 7.7 billion in January 2025 per preliminary calculations
31/01/2025 Turkey’s tourism revenue increases 8.3% to USD 61.1 billion in 2024
31/01/2025 Turkey’s non-performing loans are USD 8.3 billion, 1.80% of total loans as of yearend 2024
31/01/2025 No. of foreigners visiting Turkey in 2024 increased 7% to 52.6 million
31/01/2025 Turkey’s foreign trade deficit is USD 82.2 billion in 2024
30/01/2025 Turkey’s economic confidence index increases 0.8% to 99.7 points in January 2025
24/01/2025 No. of companies closing in Turkey in 2024 increased by 21.4%
23/01/2025 Turkish Central Bank reduces its policy interest rate from 47.5% to 45%
23/01/2025 Turkey’s consumer confidence index decreases 0.4% to 81 points in January 2025
21/01/2025 Property sales to foreigners in Turkey fall 32.1% in 2024
20/01/2025 Turkey’s central administration gross debt stock is TL 9,250.8 billion as of December 2024
20/01/2025 Turkey’s net international investment position is minus USD 296.7 billion as of November 2024
17/01/2025 Turkey’s short-term external debt stock is USD 178.8 billion as of November 2024
17/01/2025 Turkish Central Bank’s gross reserves are USD 155.2 billion as of yearend 2024
16/01/2025 Turkey’s private sector foreign debt is USD 175.7 billion in November 2024
15/01/2025 Turkey’s budget deficit is USD 64.3 billion in 2024
13/01/2025 Turkey has a current account deficit of USD 2.9 billion in November 2024
13/01/2025 FDI to Turkey in first 11 months of 2024 is USD 9.6 billion
11/01/2025 Turkey’s automotive production decreased 7% in 2024
10/01/2025 Turkey’s official unemployment rate is 8.6% in November 2024
10/01/2025 Turkey’s Industrial Production Index increased monthly by 2.9% in November 2024
08/01/2025 Turkish Treasury reports cash deficit of USD 63.9 billion for the year 2024
06/01/2025 Total automotive sales in Turkey increase 0.5% in 2024
06/01/2025 Turkey’s Investment Office has published its January 2025 newsletter
06/01/2025 PWC has published its Energy Deals 2024 report
03/01/2025 Turkey’s official annual inflation rate decreases to 44.38% in December 2024
03/01/2025 Turkey’s foreign trade deficit is USD 82.2 billion in 2024 per preliminary calculations
31/12/2024 Turkey’s gross external debt stock is USD 525.8 billion as end of third quarter of 2024
31/12/2024 Turkey’s non-performing loans are USD 8.3 billion, 1.82% of total loans as of November 2024
31/12/2024 Turkey’s foreign trade deficit is USD 7.5 billion in November 2024
30/12/2024 Turkey’s economic confidence index increases 1.8% to 98.8 points in December 2024
26/12/2024 Turkish Central Bank reduces its policy interest rate from 50% to 47.5%
24/12/2024 Turkey’s net minimum wage has been raised 30% to TL 22,104 (USD 626) as of 01.01.2025
23/12/2024 Turkey’s consumer confidence index increases 1.9% to 81.3 points in December 2024
23/12/2024 No. of foreigners visiting Turkey in November 2024 increased 8.3% to 2.7 million
21/12/2024 Turkey’s 2025 budget is ratified by parliament
20/12/2024 Turkey’s central administration gross debt stock is TL 9,004.6 billion as of November 2024
20/12/2024 No. of companies closing in Turkey in November 2024 increased by 8.9%
19/12/2024 Turkish Central Bank’s gross reserves decrease 1.3% to USD 157.7 bn as of November 30th 2024
19/12/2024 Turkey’s net international investment position is minus USD 288.9 billion as of October 2024
18/12/2024 Property sales in Turkey increase 63.6% in November 2024
18/12/2024 Turkey’s short-term external debt stock is USD 180.1 billion as of October 2024
18/12/2024 KPMG estimates total M&A deals in Turkey in first 11 months of 2024 as USD 9.4 billion
17/12/2024 Turkey’s private sector foreign debt is USD 177.7 billion in October 2024
16/12/2024 Turkey records a budget deficit of USD 481 million in November 2024
14/12/2024 Turkey’s automotive production decreased by 15.4% in November 2024
12/12/2024 Turkey has a current account surplus of USD 1.9 billion in October 2024
12/12/2024 FDI to Turkey in first 10 months of 2024 is USD 8.5 billion
10/12/2024 Turkey’s Investment Office has published its December 2024 newsletter
10/12/2024 Turkey’s official unemployment rate is 8.8% in October 2024
10/12/2024 Turkey’s Industrial Production Index fell annually by 3.1% in October 2024
06/12/2024 Turkish Treasury reports cash deficit of USD 1.8 billion in November 2024
03/12/2024 Total automotive sales in Turkey increase 5.3% in November 2024
03/12/2024 Turkey’s official annual inflation rate decreases to 47.09% in November 2024
02/12/2024 Turkey’s foreign trade deficit is USD 7.4 billion in November 2024 per preliminary calculations
29/11/2024 Turkey’s non-performing loans are USD 8 billion, 1.78% of total loans as of October 2024
29/11/2024 Turkey’s economy grows 2.1% in the third quarter of 2024
28/11/2024 Turkey’s economic confidence index decreases 0.9% to 97.1 points in November 2024
28/11/2024 Turkey’s foreign trade deficit is USD 5.9 billion in October 2024
22/11/2024 No. of companies closing in Turkey in October 2024 increased by 8.6%
22/11/2024 No. of foreigners visiting Turkey in October 2024 increased 9.3% to 5.4 million
21/11/2024 Turkish Central Bank’s policy interest rate kept constant at 50%
21/11/2024 Turkish Central Bank’s gross reserves increase 5.1% to USD 159.8 bn as of October 31st 2024
21/11/2024 Turkey’s consumer confidence index decreases 1% to 79.8 points in November 2024
20/11/2024 Turkey’s central administration gross debt stock is TL 8,795.7 billion as of October 2024
19/11/2024 Turkey’s net international investment position is minus USD 318.1 billion as of September 2024
18/11/2024 Turkey’s short-term external debt stock is USD 176.4 billion as of September 2024
15/11/2024 Turkey records a budget deficit of USD 5.4 billion in October 2024
15/11/2024 Turkey’s private sector foreign debt is USD 178.5 billion in September 2024
13/11/2024 Property sales in Turkey increase 76.1% in October 2024
12/11/2024 Turkey has a current account deficit of USD 5.3 billion for first 9 months of 2024
12/11/2024 FDI to Turkey in first 9 months of 2024 is USD 7.7 billion
12/11/2024 Turkey’s automotive production decreased by 10.4% in October 2024
11/11/2024 Turkey’s Industrial Production Index fell annually by 2.4% in September 2024
11/11/2024 Turkey’s official unemployment rate is 8.6% in September 2024
08/11/2024 Turkish Central Bank revises its inflation forecast for 2024 yearend up to 44% from 38%
07/11/2024 Turkey’s Investment Office has published its November 2024 newsletter
07/11/2024 Turkish Treasury reports cash deficit of USD 4.9 billion in October 2024
04/11/2024 Total automotive sales in Turkey decrease 4% in October 2024
04/11/2024 Turkey’s official annual inflation rate decreases to 48.58% in October 2024
02/11/2024 Turkey’s foreign trade deficit is USD 5.7 billion in October 2024 per preliminary calculations
31/10/2024 Turkey’s tourism revenue increases 3.9% to USD 23.2 billion in 3rd Q. of 2024
31/10/2024 No. of foreigners visiting Turkey in first 9 months of 2024 increased 6.8% to 41.9 million
31/10/2024 Turkey’s foreign trade deficit is USD 59.9 billion in first 9 months of 2024
30/10/2024 Turkey’s non-performing loans are USD 7.7 billion, 1.73% of total loans as of September 2024
30/10/2024 Turkey’s economic confidence index increases 3.2% to 98 points in October 2024
23/10/2024 Turkey’s consumer confidence index increases 3% to 80.6 points in October 2024
21/10/2024 Turkish Central Bank’s gross reserves increase 1.8% to USD 152.1 bn as of September 30th 2024
21/10/2024 Turkey’s central administration gross debt stock is TL 8,649.3 billion as of September 2024
18/10/2024 Turkey’s net international investment position is minus USD 327.1 billion as of August 2024
18/10/2024 No. of companies closing in Turkey in first nine months of 2024 increased by 23.1%
17/10/2024 Property sales to foreigners in Turkey falls to 1.4% of total sales in September 2024
17/10/2024 Turkish Central Bank’s policy interest rate is held constant at 50%
17/10/2024 Turkey’s short-term external debt stock is USD 173.7 billion as of August 2024
16/10/2024 Turkey’s private sector foreign debt is USD 175.4 billion in August 2024
15/10/2024 Turkey records a budget deficit of USD 2.9 billion in September 2024
13/10/2024 Turkey’s automotive production decreased by 6.9% in first nine months of 2024
11/10/2024 FDI to Turkey in August 2024 is USD 497 million
11/10/2024 Turkey has a current account surplus of USD 4.3 billion in August 2024
10/10/2024 Turkey’s official unemployment rate is 8.5% in August 2024
10/10/2024 Turkey’s Industrial Production Index fell annually by 5.3% in August 2024
09/10/2024 Turkey’s Investment Office has published its October 2024 newsletter
07/10/2024 Turkish Treasury reports cash deficit of USD 5.9 billion in September 2024
03/10/2024 Turkey’s foreign trade deficit is USD 5.1 billion in September 2024 per preliminary calculations
03/10/2024 Turkey’s official annual inflation rate decreases to 49.38% in September 2024
02/10/2024 Total automotive sales in Turkey decrease 0.9% in first nine months of 2024
30/09/2024 Turkey’s gross external debt stock is USD 512 billion as end of second quarter of 2024
30/09/2024 Turkey’s non-performing loans are USD 7.5 billion, 1.70% of total loans as of August 2024
27/09/2024 Turkey’s economic confidence index increases 2% to 95 points in September 2024
27/09/2024 Turkey’s foreign trade deficit is USD 5 billion in August 2024
26/09/2024 Istanbul rises to 104th place on the Global Financial Centres Index
25/09/2024 OECD decreases Turkey’s 2024 growth forecast to 3.2%
24/09/2024 No. of foreigners visiting Turkey in August 2024 increased 2.5% to 6.8 million
20/09/2024 No. of companies opening in Turkey in August 2024 decreased by 11.7%
20/09/2024 Turkey’s consumer confidence index increases 2.4% to 78.2 points in September 2024
20/09/2024 Turkey’s central administration gross debt stock is TL 8,338.8 billion as of August 2024
19/09/2024 Turkey’s net international investment position is minus USD 357.7 billion as of July 2024
19/09/2024 Turkish Central Bank’s policy interest rate is held unchanged at 50%
19/09/2024 Turkish Central Bank’s gross reserves increase 1% to USD 149.4 bn as of August 31st 2024
18/09/2024 Turkey’s short-term external debt stock is USD 176.1 billion as of July 2024
17/09/2024 Turkey’s private sector foreign debt is USD 173 billion in July 2024
17/09/2024 Property sales to foreigners in Turkey is 1.7% of total sales in August 2024
16/09/2024 Turkey records a budget deficit of USD 3.8 billion in August 2024
16/09/2024 Turkey’s automotive production decreased by 26.7% in August 2024
12/09/2024 Turkey has a current account surplus of USD 566 million in July 2024
12/09/2024 FDI to Turkey in July 2024 is USD 1.2 billion
10/09/2024 Turkey’s Industrial Production Index fell annually by 3.9% in July 2024
10/09/2024 Turkey’s official unemployment rate is 8.8% in July 2024
09/09/2024 Turkey’s Investment Office has published its September 2024 newsletter
06/09/2024 Turkish Treasury reports cash deficit of USD 5.7 billion in August 2024
06/09/2024 Fitch has upgraded Turkey’s credit rating from “B+” to “BB-+ with stable outlook
05/09/2024 Turkish Government presents its medium-term economic program (2025-2027)
03/09/2024 Turkey’s official annual inflation rate decreases to 51.97% in August 2024
03/09/2024 Light commercial vehicle sales in Turkey fall 9.5% in first eight months of 2024
02/09/2024 Turkey’s economy grows 2.5% in the second quarter of 2024
02/09/2024 Turkey’s foreign trade deficit is USD 4.9 billion in August 2024 per preliminary calculations
30/08/2024 Turkey’s non-performing loans are USD 7.4 billion, 1.70% of total loans as of July 2024
29/08/2024 Turkey’s economic confidence index decreases 1.3% to 93.1 points in August 2024
28/08/2024 Turkey’s foreign trade deficit is USD 7.3 bn in July 2024
23/08/2024 No. of foreigners visiting Turkey in July 2024 increased 2.6% to 7.3 million
23/08/2024 No. of companies closing in Turkey in July 2024 increased by 39.8%
22/08/2024 Turkey’s consumer confidence index increases 0.6% to 76.4 points in August 2024
20/08/2024 Turkish Central Bank’s policy interest rate is kept unchanged at 50%
20/08/2024 Turkey’s central administration gross debt stock is TL 8,106 billion as of July 2024
19/08/2024 Turkey’s automotive production decreased by 13.9% in July 2024
19/08/2024 Turkey’s short-term external debt stock is USD 180.5 billion as of June 2024
19/08/2024 Turkey’s net international investment position is minus USD 328.5 billion as of June 2024
16/08/2024 Turkey’s private sector foreign debt is USD 171.1 billion in June 2024
15/08/2024 Turkish Central Bank’s gross reserves increase 3.5% to USD 147.9 bn as of July 31st 2024
15/08/2024 Turkey records a budget deficit of USD 2.9 billion in July 2024
13/08/2024 FDI to Turkey in first half of 2024 is USD 4.7 billion
13/08/2024 Turkey has a current account surplus of USD 407 million in June 2024
13/08/2024 Property sales to foreigners in Turkey is 1.8% of total sales in July 2024
12/08/2024 Turkey’s Investment Office has published its August 2024 newsletter
12/08/2024 Turkey’s official unemployment rate is 9.2% in June 2024
09/08/2024 Turkey’s Industrial Production Index fell annually by 4.7% in June 2024
08/08/2024 Turkish Central Bank keeps its inflation forecast for 2024 yearend unchanged at 38%
07/08/2024 Turkish Treasury reports cash deficit of USD 4.1 billion in July 2024
05/08/2024 Turkey’s official annual inflation rate decreases to 61.78% in July 2024
02/08/2024 Turkey’s foreign trade deficit is USD 7.2 billion in July 2024 per preliminary calculations
02/08/2024 Automotive sales in Turkey in July 2024 fell 17.5%
31/07/2024 Turkey’s tourism revenue increases 11.8% to USD 14.9 billion in 2nd Q. of 2024
31/07/2024 No. of foreigners visiting Turkey in first half of 2024 increased 10.3% to 21.6 million
31/07/2024 Turkey’s foreign trade deficit is USD 42.6 billion in first half of 2024
30/07/2024 Turkey’s economic confidence index decreases 1.5% to 94.4 points in July 2024
30/07/2024 Turkey’s non-performing loans are USD 6.6 billion, 1.54% of total loans as of June 2024
23/07/2024 Turkish Central Bank’s policy interest rate kept unchanged at 50%
23/07/2024 Turkey’s consumer confidence index decreases 3.1% to 75.9 points in July 2024
22/07/2024 Turkey’s central administration gross debt stock is TL 7,884.5 billion as of June 2024
19/07/2024 Moody's upgrades Turkey’s B3 credit rating to B1 to B3, with outlook remaining positive
19/07/2024 Turkey’s net international investment position is minus USD 333.5 billion as of May 2024
19/07/2024 No. of companies opening in Turkey in June 2024 decreased by 29.9%
18/07/2024 Turkish Central Bank’s gross reserves decrease 0.5% to USD 142.9 bn as of June 30th 2024
18/07/2024 Turkey’s short-term external debt stock is USD 182.5 billion as of May 2024
17/07/2024 Property sales to foreigners in Turkey is 1.8% of total sales in June 2024
17/07/2024 Turkey’s private sector foreign debt is USD 168.5 billion in May 2024
16/07/2024 Turkey records a budget deficit of USD 8.4 billion in June 2024
14/07/2024 Turkey’s automotive production decreased by 15.8% in June 2024
12/07/2024 Turkey’s current account deficit is USD 1.2 billion in May 2024
12/07/2024 FDI to Turkey in May 2024 is USD 1.1 billion
10/07/2024 Turkey’s Industrial Production Index increased monthly by 1.7% in May 2024
10/07/2024 Turkey’s official unemployment rate is 8.4% in May 2024
08/07/2024 Fortune 500 list (2023) has been published for Turkey
05/07/2024 Turkish Treasury reports cash deficit of USD 13.1 billion in June 2024
04/07/2024 Turkey’s non-performing loans are USD 6.6 billion, 1.54% of total loans as of May 2024
03/07/2024 Turkey’s official annual inflation rate decreases to 71.60% in June 2024
03/07/2024 Turkey’s foreign trade deficit is USD 6.4 billion in June 2024 per preliminary calculations
03/07/2024 Turkey’s Investment Office has published its July 2024 newsletter
02/07/2024 Automotive sales in Turkey in 1st half of 2024 increased 3.7%
28/06/2024 Turkey’s foreign trade deficit is USD 6.5 billion in May 2024
28/06/2024 No. of companies closing in Turkey in May 2024 increased by 37.5%
28/06/2024 Turkey’s gross external debt stock is USD 506.8 billion as end of first quarter of 2024
27/06/2024 Turkish Central Bank maintains its policy interest rate unchanged at 50%
27/06/2024 Turkey’s economic confidence index decreases 2.5% to 95.8 points in June 2024
25/06/2024 No. of foreigners visiting Turkey in May 2024 increased 14% to 5.1 million
20/06/2024 Turkey records a budget surplus of USD 6.8 billion in May 2024
20/06/2024 Turkey’s central administration gross debt stock is TL 7,641.3 billion as of May 2024
20/06/2024 Turkey’s consumer confidence index decreases 2.7% to 78.3 points in June 2024
17/06/2024 Turkey’s car exports increased 8.1% in May 2024
15/06/2024 Turkish Central Bank’s gross reserves surge up 15.6% to USD 143.6 bn as of May 31st 2024
14/06/2024 Turkey’s net international investment position is minus USD 325.3 billion as of April 2024
13/06/2024 Turkey’s short-term external debt stock is USD 180.1 billion as of April 2024
13/06/2024 Property sales to foreigners in Turkey is 1.9% of total sales in May 2024
12/06/2024 Turkey’s private sector foreign debt is USD 165.1 billion in April 2024
10/06/2024 Turkey’s current account deficit is USD 5.3 billion in April 2024
10/06/2024 FDI to Turkey in April 2024 is USD 1.3 billion
10/06/2024 Turkey’s official unemployment rate is 8.5% in April 2024
10/06/2024 Turkey’s Industrial Production Index decreased monthly by 4.9% in April 2024
07/06/2024 Turkish Treasury reports cash surplus of USD 7.3 billion in May 2024
05/06/2024 Turkey’s Investment Office has published its June 2024 newsletter
04/06/2024 Automotive sales in Turkey in May 2024 decreased 10.1%
03/06/2024 Turkey’s official annual inflation rate increases to 75.45% in May 2024
03/06/2024 Turkey’s foreign trade deficit is USD 6.5 billion in May 2024 per preliminary calculations
31/05/2024 Turkey’s economy grows 5.7% in the first quarter of 2024
31/05/2024 Turkey’s non-performing loans are USD 6.3 billion, 1.53% of total loans as of April 2024
30/05/2024 Turkey’s foreign trade deficit is USD 9.9 billion in April 2024
30/05/2024 Turkey’s economic confidence index decreases 0.8% to 98.2 points in May 2024
24/05/2024 No. of foreigners visiting Turkey in April 2024 increased 8.7% to 3.6 million
24/05/2024 No. of companies closing in Turkey in April 2024 increased by 29.9%
23/05/2024 Turkey’s consumer confidence index increases marginally 0.1% to 80.51 points in May 2024
23/05/2024 Turkish Central Bank’s policy interest rate remains unchanged at 50%
20/05/2024 Turkey’s central administration gross debt stock is TL 7,492.6 billion as of April 2024
20/05/2024 Turkey’s net international investment position is minus USD 317.6 billion as of March 2024
17/05/2024 Turkey’s short-term external debt stock is USD 175.4 billion as of March 2024
17/05/2024 Turkish Central Bank’s gross reserves are up 1% at USD 124.3 billion as of April 2024
17/05/2024 Property sales to foreigners in Turkey fall 48.4% in first four months of 2024
16/05/2024 Turkey’s automotive production decreased 13.2% in April 2024
16/05/2024 Turkey’s private sector foreign debt is USD 165.7 billion in March 2024
15/05/2024 Turkey records a budget deficit of USD 5.5 billion in April 2024
13/05/2024 Turkish Central Bank revises its current account balances between 2012 and 2023 up by USD 47.1 billion
13/05/2024 FDI to Turkey in 1st Q. of 2024 is USD 1.5 billion
10/05/2024 Turkey’s Industrial Production Index increased annually by 4.3% as of March 2024
10/05/2024 Turkey’s official unemployment rate is 8.6% in March 2024
09/05/2024 Turkish Central Bank increases its inflation forecast for 2024 yearend to 38%
08/05/2024 Turkish Treasury reports cash deficit of USD 7.3 billion in April 2024
06/05/2024 Turkey’s non-performing loans are USD 6.1 billion, 1.51% of total loans as of March 2024
03/05/2024 Turkey’s foreign trade deficit is USD 9.9 billion in April 2024 per preliminary calculations
03/05/2024 Turkey’s official annual inflation rate increases to 69.80% in April 2024
03/05/2024 Automotive sales in Turkey in April 2024 decreased 22.3%
03/05/2024 Turkey’s Investment Office has published its May 2024 newsletter
03/05/2024 S&P Global upgrades Turkey’s sovereign rating to 'B+' from 'B' with positive outlook
02/05/2024 OECD increases Turkey’s 2024 growth forecast to 3.4%
30/04/2024 No. of foreigners visiting Turkey in March 2024 increased 15.7% to 2.7 million
30/04/2024 Turkey’s foreign trade deficit is USD 7.3 billion in March 2024
30/04/2024 Turkey’s tourism revenue increases 5.4% to USD 8.8 billion in 1st Q. of 2024
29/04/2024 Turkey’s economic confidence index decreases 1% to 99 points in April 2024
26/04/2024 No. of companies closing in Turkey in 1st Q. of 2024 increased by 26.6%
25/04/2024 Turkey’s net international investment position is minus USD 314.2 billion as of February 2024
25/04/2024 Turkish Central Bank keeps its policy interest rate unchanged at 50%
24/04/2024 Turkey’s short-term external debt stock is USD 173.6 billion as of February 2024
22/04/2024 Turkey’s automotive production decreased 4.3% in March 2024
22/04/2024 Turkey’s consumer confidence index increases 1.4% to 80.5 points in April 2024
22/04/2024 Turkey’s central administration gross debt stock is TL 7,499.8 billion as of March 2024
19/04/2024 Turkey’s private sector foreign debt is USD 163.4 billion in February 2024
18/04/2024 Property sales to foreigners in Turkey in March 2024 low at only 1.7% of total domestic sales
18/04/2024 Turkish Central Bank’s gross reserves are down 4.2% at USD 123.1 billion as of March 2024
17/04/2024 FDI to Turkey is a meagre USD 240 million in February 2024
17/04/2024 Turkey’s current account deficit is USD 3.3 billion in February 2024
15/04/2024 Turkey’s official unemployment rate is 8.7% in February 2024
15/04/2024 Turkey records a budget deficit of USD 16.7 billion in 1st Q. of 2024
15/04/2024 Turkish Central Bank announces TL 818.2 billion loss for 2023
08/04/2024 Turkey’s Industrial Production Index increased annually by 11.5% as of February 2024
05/04/2024 Turkish Treasury reports cash deficit of USD 5.2 billion in March 2024
04/04/2024 Turkey’s foreign trade deficit is USD 7.5 billion in March 2024 per preliminary calculations
04/04/2024 Turkey’s Investment Office has published its April 2024 newsletter
03/04/2024 Turkey’s official annual inflation rate increases to 68.50% in March 2024
02/04/2024 Automotive sales in Turkey in 1st Quarter of 2024 increased 25.2%
31/03/2024 Istanbul remains at 110th place on the Global Financial Centres Index
29/03/2024 Turkey’s non-performing loans are USD 6.3 billion, 1.56% of total loans as of February 2024
29/03/2024 Turkey’s foreign trade deficit is USD 6.8 billion in February 2024
29/03/2024 Turkey’s gross external debt stock is USD 499.9 billion as of yearend 2023
28/03/2024 Turkey’s economic confidence index increases 1% to 100 points in March 2024
25/03/2024 The official annual unemployment rate for 2023 has been announced as 9.4%
22/03/2024 No. of foreigners visiting Turkey in February 2024 increased 22.7% to 2.3 million
22/03/2024 No. of companies closing in Turkey in February 2024 increased by 65.5%
21/03/2024 Turkish Central Bank raises its policy interest rate from 45% to 50%
20/03/2024 Turkish Central Bank’s gross reserves are USD 128.5 billion as of February 2024
20/03/2024 Turkey’s central administration gross debt stock is TL 7,238.1 billion as of February 2024
20/03/2024 Turkey’s consumer confidence index increases marginally 0.02% to 79.4 points in March 2024
19/03/2024 Turkey’s net international investment position is minus USD 300 billion as of January 2024
18/03/2024 Turkey’s short-term external debt stock is USD 174.9 billion as of January 2024
15/03/2024 Turkey records a budget deficit of USD 4.9 billion in February 2024
15/03/2024 Turkey’s private sector foreign debt is USD 162 billion in January 2024
14/03/2024 Property sales to foreigners in Turkey in February 2024 lowest since May 2021
12/03/2024 Turkey’s Industrial Production Index increased annually by 1.1% as of January 2024
12/03/2024 FDI to Turkey is USD 756 million in January 2024
12/03/2024 Turkey’s current account deficit is USD 2.6 billion in January 2024
11/03/2024 Turkey’s official unemployment rate is 9.1% in January 2024
11/03/2024 Turkey’s car production increased 31.7% in February 2024
09/03/2024 Fitch has upgraded Turkey’s credit rating from “B” to “B+ with positive outlook
08/03/2024 Turkish Treasury reports cash deficit of USD 6.4 billion in February 2024
07/03/2024 Turkey’s Investment Office has published its March 2024 newsletter
05/03/2024 Turkey’s official annual inflation rate increases to 67.07% in February 2024
04/03/2024 Turkey’s foreign trade deficit is USD 7 billion in February 2024 per preliminary calculations
04/03/2024 Automotive sales in Turkey in February 2024 increased 39.7%
29/02/2024 Turkey’s non-performing loans are USD 6.5 billion, 1.62% of total loans as of January 2024
29/02/2024 Turkey’s economy grows 4.5% in 2023
28/02/2024 Turkey’s foreign trade deficit is USD 6.2 billion in January 2024
28/02/2024 Turkey’s economic confidence index decreases 0.4% to 99 points in February 2024
23/02/2024 No. of companies opening in Turkey in January 2024 decreased by 24.1%
23/02/2024 No. of foreigners visiting Turkey in January 2024 increased 2.1% to 2 million
22/02/2024 Turkish Central Bank keeps its policy interest rate unchanged at 45%
21/02/2024 Turkey’s consumer confidence index decreases 1.3% to 79.3 points in February 2024
21/02/2024 Turkey’s net international investment position is minus USD 285.2 billion as of yearend 2023
20/02/2024 Turkey’s central administration gross debt stock is TL 6,965.1 billion as of January 2024
19/02/2024 Turkey’s short-term external debt stock is USD 174.4 billion as of yearend 2023
16/02/2024 Turkey’s private sector foreign debt is USD 164.4 billion as of yearend 2023
16/02/2024 Property sales in Turkey decrease by 17.8% in January 2024
15/02/2024 Turkey records a budget deficit of USD 5 billion in January 2024
15/02/2024 Turkish Central Bank’s gross reserves are USD 133.9 billion as of January 2024
13/02/2024 FDI to Turkey is USD 10.6 billion in 2023
13/02/2024 Turkey’s records a current account deficit of USD 45.2 billion in 2023
12/02/2024 Turkey’s total automotive production decreased 3% in January 2024
12/02/2024 Turkey’s official unemployment rate is 8.8% in December 2023
09/02/2024 Turkey’s Industrial Production Index increases annually by 1.6% as of December 2023
08/02/2024 Turkey’s Investment Office has published its February 2024 newsletter
08/02/2024 Turkish Central Bank’s inflation forecast for 2024 yearend remains at 36%
07/02/2024 Turkish Treasury reports cash deficit of USD 6.8 billion in January 2024
06/02/2024 Turkey’s population announced as 85,372,377 as at 31.12.2023
05/02/2024 Turkey’s official annual inflation rate increases marginally to 64.86% in January 2024
03/02/2024 Automotive sales in Turkey in January 2024 increased 56.6%
31/01/2024 Turkey’s non-performing loans are USD 6.5 billion, 1.62% of total loans at yearend 2023
31/01/2024 No. of foreigners visiting Turkey in 2023 increases 10.4% to 49.2 million
31/01/2024 Turkey’s tourism revenue increases 16.9% to USD 54.3 billion in 2023
31/01/2024 Turkey’s foreign trade deficit is USD 106 billion in 2023
30/01/2024 Turkey’s economic confidence index increases 3.1% to 99.5 points in January 2024
25/01/2024 Turkish Central Bank raises its policy interest rate from 42.5% to 45%
23/01/2024 Turkey’s consumer confidence index increases 3.9% to 80.4 points in January 2024
22/01/2024 Turkey’s central administration gross debt stock is TL 6,722.5 billion as of yearend 2023
19/01/2024 No. of sole proprietorships closing in Turkey in 2023 increased by 42.3%
19/01/2024 Property sales in Turkey decreased by 17.5% in 2023
19/01/2024 Turkey’s net international investment position is minus USD 264.7 billion as of November 2023
18/01/2024 Turkey’s short-term external debt stock is USD 171.9 billion for November 2023
18/01/2024 Turkish Central Bank’s gross reserves are USD 140.9 billion as of December 2023
17/01/2024 Turkey’s private sector foreign debt is USD 163.6 billion as of November 2023
15/01/2024 Deloitte has published its 2023 M&A review for Turkey
15/01/2024 Turkey’s total automotive production increased 8.6% in 2023
15/01/2024 Turkey records a budget deficit of USD 57.8 billion in 2023
13/01/2024 Moody's affirms Turkey’s B3 credit rating, revising its outlook up from stable to positive
12/01/2024 FDI to Turkey is USD 1.3 billion in November 2023
12/01/2024 Turkey’s records a current account deficit of USD 2.7 billion in November 2023
10/01/2024 Turkey’s Industrial Production Index decreases monthly by 1.4% in November 2023
10/01/2024 Turkey’s official unemployment rate increases to 9% in November 2023
09/01/2024 Turkish Treasury reports cash deficit of USD 26.3 billion for the year 2023
08/01/2024 PWC has published its Energy Deals 2023 report
04/01/2024 Automotive sales in Turkey in 2023 increased 57.4% to 1,232,635 units
03/01/2024 Turkey’s Investment Office has published its January 2024 newsletter
03/01/2024 Turkey’s official annual inflation rate increases to 64.77% in December 2023
02/01/2024 Turkey’s foreign trade deficit is USD 6.1 billion in December 2023 per preliminary calculations
29/12/2023 Turkish Central Bank has published its Monetary Policy report for 2024
29/12/2023 Turkey’s non-performing loans are USD 6.1 billion, 1.53% of total loans as of November 2023
29/12/2023 Turkey’s foreign trade deficit is USD 5.9 billion in November 2023
29/12/2023 Turkey’s gross external debt stock is USD 482.6 billion as of end of third quarter of 2023
28/12/2023 Turkey’s economic confidence index increases 1.1% to 96.4 points in December 2023
27/12/2023 Turkey’s net minimum wage has been raised 49% to TL 17,002 (USD 577) as of 01.01.2024
25/12/2023 Turkey’s 2024 budget is ratified by parliament
22/12/2023 No. of foreigners visiting Turkey decreases 1% to 2.5 million in November 2023
22/12/2023 No. of sole proprietorships closing in Turkey in November 2023 increased 294%
21/12/2023 Turkish Central Bank raises its policy interest rate from 40% to 42.5%
21/12/2023 Turkish Central Bank’s gross reserves increase by 8.3% to USD 136.7 billion in November 2023
20/12/2023 Turkey’s central administration gross debt stock is TL 6,573.2 billion in November 2023
20/12/2023 Turkey’s consumer confidence index increases 2.6% to 77.4 points in December 2023
18/12/2023 Turkey’s net international investment position is minus USD 295 billion as of October 2023
15/12/2023 Turkey’s short-term external debt stock is USD 170.7 billion for October 2023
15/12/2023 Turkey records a budget surplus of USD 2.6 billion in November 2023
15/12/2023 Property sales to foreign nationals in Turkey are 2.5% of total domestic sales in November 2023
14/12/2023 Turkey’s private sector foreign debt is USD 157.8 billion as of October 2023
11/12/2023 Turkey’s Industrial Production Index increases annually by 1.1% in October 2023
11/12/2023 Turkey’s official unemployment rate decreases to 8.5% in October 2023
11/12/2023 Turkey’s total automotive imports increase 81.1% in first 11 months of 2023
11/12/2023 Turkey’s records a current account surplus of USD 186 million in October 2023
11/12/2023 FDI to Turkey is USD 1.2 billion in October 2023
07/12/2023 Turkey’s Investment Office has published its December 2023 newsletter
07/12/2023 Turkish Treasury reports a cash surplus of USD 3.3 billion for November 2023
04/12/2023 Turkey’s official annual inflation rate increases marginally to 61.98% in November 2023
04/12/2023 Automotive sales in Turkey surpass 1 million in 1st 11 months of 2023
02/12/2023 Turkey’s foreign trade deficit is USD 5.9 billion in November 2023 per preliminary calculations
30/11/2023 S&P Global revises Turkey’s sovereign rating to positive from stable, with “B” rating affirmed
30/11/2023 Turkey’s economy grows 5.9% in the third quarter of 2023
29/11/2023 OECD increases Turkey’s 2023 growth forecast to 4.5%
29/11/2023 Turkey’s foreign trade deficit is USD 6.5 billion in October 2023
29/11/2023 Turkey’s economic confidence index decreases 1.3% to 95.3 points in November 2023
29/11/2023 Turkey’s non-performing loans are USD 6.1 billion, 1.55% of total loans as of October 2023
24/11/2023 No. of foreigners visiting Turkey increases 3.8% to 5 million in October 2023
24/11/2023 No. of companies closing in Turkey in October 2023 increased 31.7%
23/11/2023 Turkey’s consumer confidence index increases 1.1% to 75.5 points in November 2023
23/11/2023 Turkish Central Bank raises its policy interest rate from 35% to 40%
20/11/2023 Turkey’s central administration gross debt stock is TL 6,276.8 billion in October 2023
20/11/2023 Turkey’s net international investment position is minus USD 298.3 billion as of September 2023
17/11/2023 Turkey’s short-term external debt stock is USD 163.3 billion for September 2023
16/11/2023 Turkey’s private sector foreign debt is USD 157.2 billion as of September 2023
16/11/2023 Property sales to foreign nationals in Turkey are 2.7% of total domestic sales in October 2023
16/11/2023 Turkish Central Bank’s gross reserves increase by 3.3% to USD 126.2 billion in October 2023
15/11/2023 Turkey records a budget deficit of USD 3.4 billion in October 2023
13/11/2023 Turkey’s records a current account surplus of USD 1.9 billion in September 2023
13/11/2023 FDI to Turkey is USD 6.6 billion in first nine months of 2023
13/11/2023 Turkey’s total automotive production increases 18.6% in October 2023
10/11/2023 Turkey’s Industrial Production Index increases annually by 4% in September 2023
10/11/2023 Turkey’s official unemployment rate decreases to 9.1% in September 2023
07/11/2023 Turkish Treasury reports a cash deficit of USD 2.9 billion for October 2023
06/11/2023 Turkey’s Investment Office has published its November 2023 newsletter
06/11/2023 Turkey’s foreign trade deficit is USD 6.7 billion in October 2023 per preliminary calculations
03/11/2023 Turkey’s official annual inflation rate decreases marginally to 61.36% in October 2023
02/11/2023 Turkish Central Bank’s inflation forecast for 2023 yearend increases to 65%
02/11/2023 Car sales in Turkey increase 74.1% in October 2023
31/10/2023 Turkey’s foreign trade deficit is USD 87.2 billion in first 9 months of 2023
31/10/2023 Turkey’s tourism revenue increases 13.1% to USD 20.2 billion in third quarter of 2023
31/10/2023 No. of foreigners visiting Turkey increases 12.7% to 39.2 million in first nine months of 2023
30/10/2023 Turkey’s economic confidence index increases 1.2% to 96.5 points in October 2023
30/10/2023 Turkey’s non-performing loans are USD 6.1 billion, 1.55% of total loans as of September 2023
26/10/2023 Turkish Central Bank raises its policy interest rate from 30% to 35%
23/10/2023 Turkey’s consumer confidence index increases 4.4% to 74.6 points in October 2023
20/10/2023 No. of companies opening in Turkey in September 2023 decreased 15.7%
20/10/2023 Turkey’s central administration gross debt stock is TL 6,069.6 billion in September 2023
20/10/2023 Fitch expects lower bank loan growth in Turkey in 2nd half of 2023
19/10/2023 Turkish Central Bank’s gross reserves increase by 4.8% to USD 122.2 billion in September 2023
18/10/2023 Turkey’s net international investment position is minus USD 303.1 billion as of August 2023
17/10/2023 Turkey’s short-term external debt stock is USD 165.4 billion for August 2023
16/10/2023 Turkey’s total automotive exports decrease 20.3% in September 2023
16/10/2023 Turkey records a budget deficit of USD 23 billion in first nine months of 2023
16/10/2023 Property sales to foreign nationals in Turkey are 2.9% of total domestic sales in September 2023
16/10/2023 Turkey’s private sector foreign debt is USD 155.3 billion as of August 2023
11/10/2023 FDI to Turkey is USD 642 million in August 2023
11/10/2023 Turkey’s current account deficit is USD 619 million in August 2023
10/10/2023 Turkey’s Industrial Production Index increases annually 3.1% in August 2023
10/10/2023 Turkey’s official unemployment rate is 9.2% in August 2023
10/10/2023 IMF increases its forecast for Turkey’s GDP in 2023 from 3% to 4%
06/10/2023 Turkish Treasury reports a cash deficit of USD 2.6 billion for September 2023
04/10/2023 Turkey’s Investment Office has published its October 2023 newsletter
04/10/2023 Turkey’s foreign trade deficit is USD 87.3 bn in first 9 months of 2023 per preliminary calculations
03/10/2023 Turkey’s official annual inflation rate increases to 61.53% in September 2023
03/10/2023 Automotive sales in Turkey increase 64.8% in first 9 months of 2023
29/09/2023 S&P Global revises Turkey’s sovereign rating to stable from negative, with “B” rating affirmed
29/09/2023 Turkey’s non-performing loans are USD 6.5 billion, 1.63% of total loans as of August 2023
29/09/2023 Turkey’s foreign trade deficit is USD 8.7 bn in August 2023
29/09/2023 Turkey’s gross external debt stock is USD 475.8 billion as of end of second quarter of 2023
28/09/2023 Istanbul falls 20 places to 110th place on the Global Financial Centres Index
28/09/2023 Turkey’s economic confidence index increases 1.3% to 95.4 points in September 2023
26/09/2023 ISO publishes survey of Turkey’s Top 500 Industrial Enterprises for 2022
25/09/2023 Turkey’s consumer confidence index increases 5.1% to 71.5 points in September 2023
22/09/2023 No. of companies opening in Turkey in August 2023 decreased 13.9%
22/09/2023 No. of foreigners visiting Turkey increases 5.7% to 6.7 million in August 2023
21/09/2023 Turkish Central Bank’s gross reserves increase by 4.5% to USD 116.6 billion in August 2023
21/09/2023 Turkish Central Bank raises its policy interest rate from 25% to 30%
20/09/2023 Turkey’s central administration gross debt stock is TL 5,880 billion in August 2023
19/09/2023 OECD increases Turkey’s 2023 growth forecast to 4.3%
18/09/2023 Turkey’s net international investment position is minus USD 290.2 billion as of July 2023
15/09/2023 Turkey’s short-term external debt stock is USD 165.8 billion for July 2023
15/09/2023 Turkey records a budget surplus of USD 1.9 billion in August 2023
15/09/2023 Property sales to foreign nationals in Turkey are 2.5% of total domestic sales in August 2023
14/09/2023 Turkey’s private sector foreign debt is USD 155.2 billion as of July 2023
11/09/2023 Turkey’s Industrial Production Index increases annually 7.4% in July 2023
11/09/2023 Turkey’s total automotive production decreases 21.2% in August 2023
11/09/2023 Turkey’s official unemployment rate decreases to 9.4% in July 2023
11/09/2023 FDI to Turkey is USD 827 million in July 2023
11/09/2023 Turkey’s current account deficit is USD 5.5 billion in July 2023
09/09/2023 Fitch has revised Turkey’s credit rating at “B” with stable from negative outlook
08/09/2023 Turkish Treasury reports a cash surplus of USD 2.3 billion for August 2023
07/09/2023 World Bank plans to add USD 18 billion to its support programme for Turkey
06/09/2023 Turkey’s 2024-2026 Medium-Term Programme is published
04/09/2023 Automotive sales in Turkey increase 78.9% in August 2023
04/09/2023 Turkey’s official annual inflation rate rises to 58.94% in August 2023
04/09/2023 Turkey’s foreign trade deficit is USD 8.9 billion in August 2023 per preliminary calculations
01/09/2023 Turkey’s Investment Office has published its September 2023 newsletter
31/08/2023 Moody’s increases its forecast for Turkey’s GDP growth for 2023 to 4.2%
31/08/2023 Turkey’s economy grows 3.8% in the second quarter of 2023
29/08/2023 Turkey’s foreign trade deficit is USD 12.2 billion in July 2023
29/08/2023 Turkey’s non-performing loans are USD 6.3 billion, 1.62% of total loans as of July 2023
28/08/2023 Turkey’s economic confidence index decreases 5.2% to 94.1 points in August 2023
25/08/2023 No. of foreigners visiting Turkey increases 7.3% to a record 7.1 million in July 2023
24/08/2023 Turkish Central Bank raises its policy interest rate from 17.5% to 25%
23/08/2023 Turkey’s consumer confidence index plummets 15.1% to 68 points in August 2023
21/08/2023 Turkey’s central administration gross debt stock is TL 5,823 billion in July 2023
21/08/2023 Turkish Central Bank aims to phase out F/X-protected accounts
18/08/2023 No. of companies closing in Turkey in July 2023 increased 30.3%
18/08/2023 Turkey’s net international investment position is minus USD 252.9 billion as of June 2023
17/08/2023 Turkey’s short-term external debt stock is USD 162.8 billion for June 2023
17/08/2023 Turkish Central Bank’s gross reserves increase by 2.8% to USD 111.6 billion in July 2023
16/08/2023 Turkey’s private sector foreign debt is USD 154.6 billion as of June 2023
15/08/2023 Turkey records a budget surplus of USD 1.8 billion in July 2023
15/08/2023 Property sales to foreign nationals in Turkey are 2.6% of total domestic sales in July 2023
15/08/2023 Turkey’s total automotive production increases 48.4% in July 2023
11/08/2023 FDI to Turkey is USD 4.8 billion in first half of 2023
11/08/2023 Turkey’s current account deficit is USD 36.8 billion in first half of 2023
10/08/2023 Moody’s expresses optimism of Turkey’s credit note turning positive
10/08/2023 Turkey’s Industrial Production Index increases annually 0.6% in June 2023
10/08/2023 Turkey’s official unemployment rate is 9.6% in June 2023
08/08/2023 Turkey has introduced a 20% additional charge for some gold imports
07/08/2023 Turkish Treasury reports a cash surplus of USD 716 million for July 2023
03/08/2023 Turkey’s foreign trade deficit is USD 12.4 billion in July 2023 per preliminary calculations
03/08/2023 Turkey’s official annual inflation rate surges up to 47.83% in July 2023
02/08/2023 Automotive sales in Turkey increase 115.4% in July of 2023
01/08/2023 Turkey’s Investment Office has published its August 2023 newsletter
31/07/2023 Turkey’s non-performing loans are USD 6.5 billion, 1.65% of total loans as of June 2023
31/07/2023 No. of foreigners visiting Turkey increased 19.9% in first half of 2023
31/07/2023 Turkey’s tourism revenue increases 27% to USD 21.7 billion in first half of 2023
28/07/2023 Turkey’s economic confidence index decreases 1.8% to 99.3 points in July 2023
28/07/2023 Turkey’s foreign trade deficit is USD 61.2 billion in first half of 2023
27/07/2023 Turkish Central Bank’s inflation forecast for 2023 yearend increases to 58%
25/07/2023 UK backs Psd Stg 680 million loan for high-speed electric railway in Turkey
25/07/2023 IMF increases its forecast for Turkey’s GDP in 2023 to 3%
24/07/2023 Fitch sees Turkish banks’ profits to weaken in 2023
22/07/2023 Fitch warns for Turkey’s more expedient return to conventional monetary policy
21/07/2023 No. of sole proprietorships opening in Turkey in June 2023 decreased 48.8%
20/07/2023 Turkey’s consumer confidence index decreases 5.9% to 80.1 points in July 2023
20/07/2023 Turkish Central Bank increases its policy interest rate from 15% to 17.5%
20/07/2023 Turkish Central Bank’s gross reserves increase by 11.8% to USD 108.6 billion in June 2023
20/07/2023 Turkey’s central administration gross debt stock is TL 5,617.4 billion in June 2023
18/07/2023 Turkey’s net international investment position is minus USD 294.6 billion as of May 2023
17/07/2023 Turkey records a budget deficit of USD 8.5 billion in June 2023
17/07/2023 Turkey’s total automotive production increases 13.2% in first half of 2023
17/07/2023 Turkey’s short-term external debt stock is USD 165.6 billion for May 2023
14/07/2023 Turkey’s private sector foreign debt is USD 155.4 billion as of May 2023
14/07/2023 Property sales to foreign nationals in Turkey are 3.1% of total domestic sales in June 2023
12/07/2023 Turkey’s Industrial Production Index increases 1.1% in May 2023 from previous month of April
11/07/2023 FDI to Turkey is USD 609 million in May 2023
11/07/2023 Turkey’s current account deficit is USD 7.9 billion in May 2023
10/07/2023 Turkey’s official unemployment rate decreases to 9.5% in May 2023
07/07/2023 Turkish Treasury reports a cash deficit of USD 7.9 billion for June 2023
06/07/2023 Fortune 500 list (2022) has been published for Turkey
05/07/2023 Turkey’s Investment Office has published its July 2023 newsletter
05/07/2023 Turkey’s official annual inflation rate decreases to 38.21% in June 2023
04/07/2023 Automotive sales in Turkey increase 55.3% in first half of 2023
04/07/2023 Turkey’s non-performing loans are USD 8.1 billion, 1.77% of total loans as of May 2023
03/07/2023 Turkey’s foreign trade deficit is USD 61.4 billion in first half of 2023 per preliminary calculations
27/06/2023 Turkey’s gross external debt stock is USD 475.7 billion as of end of first quarter of 2023
24/06/2023 No. of foreigners visiting Turkey increases 16.2% in May 2023
23/06/2023 Turkey’s foreign trade deficit is USD 12.5 billion in May 2023
23/06/2023 Turkey’s economic confidence index decreases 2.5% to 101.1 points in June 2023
23/06/2023 No. of sole proprietorships closing in Turkey in May 2023 increased 138.5%
22/06/2023 Turkish Central Bank increases its policy interest rate from 8.5% to 15%
20/06/2023 Turkey’s central administration gross debt stock is TL 4,734.4 billion in May 2023
20/06/2023 Turkey’s net minimum wage has been raised 34% to TL 11,402 (USD 483) as of 01.07.2023
19/06/2023 Turkey’s consumer confidence index decreases 6.5% to 85.1 points in June 2023
19/06/2023 Turkey’s net international investment position is minus USD 264.5 billion as of April 2023
16/06/2023 Turkey’s short-term external debt stock is USD 161.9 billion for April 2023
15/06/2023 Turkish Central Bank’s gross reserves decrease by 15.5% to USD 97.1 billion in May 2023
15/06/2023 Turkey records a budget surplus of USD 5.8 billion in May 2023
15/06/2023 Turkey’s private sector foreign debt is USD 156.5 billion as of April 2023
15/06/2023 Turkey’s total automotive production increased 31.8% in May 2023
15/06/2023 Property sales to foreign nationals in Turkey are 2.8% of total domestic sales in May 2023
13/06/2023 Fitch says still early to assess Turkiye’s Anticipated Economic Policy Shift
12/06/2023 FDI to Turkey is USD 1.2 billion in April 2023
12/06/2023 Turkey’s current account deficit is USD 5.4 billion in April 2023
12/06/2023 Turkey’s official unemployment rate increases to 10.2% in April 2023
09/06/2023 Turkey’s Industrial Production Index decreases annually 1.2% in April 2023
07/06/2023 Turkish Treasury reports a cash surplus of USD 8.2 billion for May 2023
06/06/2023 World Bank revises Turkey’s growth forecast for 2023 back up to 3.2% from 2.7%
05/06/2023 Turkey’s official annual inflation rate decreases to 39.59% in May 2023
02/06/2023 Turkey’s foreign trade deficit is USD 12.7 billion in May 2023 per preliminary calculations
02/06/2023 Automotive sales in Turkey increase 70.9% in May 2023
01/06/2023 Turkey’s Investment Office has published its June 2023 newsletter
31/05/2023 Turkey’s economy grows 4% in the first quarter of 2023
31/05/2023 Turkey’s non-performing loans are USD 8.8 billion, 1.88% of total loans as of April 2023
30/05/2023 Turkey’s foreign trade deficit is USD 8.7 billion in April 2023
29/05/2023 Turkey’s economic confidence index increases 1.4% to 103.7 points in May 2023
26/05/2023 No. of foreigners visiting Turkey increases 29% in April 2023
25/05/2023 Turkish Central Bank maintains its policy interest rate at 8.5%
22/05/2023 Turkey’s central administration gross debt stock is TL 4,588.1 billion in April 2023
22/05/2023 Turkey’s consumer confidence index increases 4% to 91.1 points in May 2023
22/05/2023 No. of companies opening in Turkey in April 2023 decreased 14.7%
18/05/2023 Turkey’s net international investment position is minus USD 247.4 billion as of March 2023
18/05/2023 Turkish Central Bank’s gross reserves fall by 6.2% to USD 114.9 billion in April 2023
17/05/2023 Turkey’s short-term external debt stock is USD 161.4 billion for March 2023
16/05/2023 Turkey’s private sector foreign debt is USD 158 billion as of March 2023
16/05/2023 Property sales to foreign nationals in Turkey are 3% of total domestic sales in April 2023
15/05/2023 Fitch sees increased economic risks in Turkey until completion of presidential run-off vote
15/05/2023 European Commission foresees 3.5% growth for Turkey in 2023
15/05/2023 Turkey records a budget deficit of USD 6.8 billion in April 2023
15/05/2023 Turkey’s total automotive imports increase 86.9% in April 2023
12/05/2023 Fitch recommends gradual interest rise for Turkish banks if implemented
11/05/2023 FDI to Turkey is USD 2.3 billion in 1st quarter of 2023
11/05/2023 Turkey’s current account deficit is USD 23.4 billion in 1st quarter of 2023
11/05/2023 Fitch sees risks to Turkey’s financial credibility from outcome of May 14th elections
11/05/2023 YASED presents its “FDI in Figures” bulletin for March 2023
10/05/2023 Turkey’s Industrial Production Index increases 5.5% in March 2023 from previous month
10/05/2023 Turkey’s official unemployment rate remains at 10% in March 2023
08/05/2023 Turkish Treasury reports a cash deficit of USD 8.2 billion for April 2023
04/05/2023 Turkish Central Bank’s inflation forecast for 2023 yearend remains at 22.3%
03/05/2023 Turkey’s Investment Office has published its May 2023 newsletter
03/05/2023 Turkey’s official annual inflation rate decreases to 43.68% in April 2023
03/05/2023 Automotive sales in Turkey increased 62.7% in April 2023
03/05/2023 Turkey’s Finance Office has published its guide to Fintech in Turkey
03/05/2023 Turkey’s non-performing loans are USD 8.3 billion, 1.83% of total loans as of March 2023
02/05/2023 Turkey’s foreign trade deficit is USD 8.8 billion in April 2023 per preliminary calculations
28/04/2023 No. of foreigners visiting Turkey increases 26.7% in 1st quarter of 2023
28/04/2023 Turkey’s tourism revenue increases 32.3% to USD 8.7 billion in 1st quarter of 2023
28/04/2023 Turkey’s foreign trade deficit is USD 34.7 billion in 1st quarter of 2023
27/04/2023 Turkish Central Bank’s policy interest rate remains unchanged at 8.5%
27/04/2023 Turkey’s economic confidence index increases 3.5% to 102.2 points in April 2023
26/04/2023 Russian Tatneft purchases Turkish fuel distributor Aytemiz
24/04/2023 No. of companies closing in Turkey in 1st quarter of 2023 increased 32.8%
20/04/2023 Turkey’s central administration gross debt stock is TL 4,487 billion in March 2023
19/04/2023 Turkey’s consumer confidence index increases 9.2% to 87.5 points in April 2023
19/04/2023 Turkish Central Bank’s gross reserves increase by 4.3% to USD 122.4 billion in March 2023
18/04/2023 Turkey’s net international investment position is minus USD 267.1 billion as of February 2023
17/04/2023 Turkey records a budget deficit of USD 13.2 billion in 1st quarter of 2023
17/04/2023 Turkey’s total automotive production increases by 34% in March 2023
17/04/2023 Property sales to foreign nationals in Turkey are 3.2% of total domestic sales in March 2023
17/04/2023 YASED publishes its “Macro Outlook Insights on Türkiye Q1/2023”
14/04/2023 Turkey’s short-term external debt stock is USD 153.1 billion for February 2023
13/04/2023 Turkey’s private sector foreign debt is USD 158 billion as of February 2023
11/04/2023 Turkey’s Industrial Production Index falls 6% in February 2023 from previous month
11/04/2023 IMF moves Turkey back up to number 19 in GDP global ranking
10/04/2023 FDI to Turkey is USD 834 million in February 2023
10/04/2023 Turkey’s official unemployment rate increases to 10% in February 2023
10/04/2023 Turkey’s current account deficit is USD 8.8 billion in February 2023
10/04/2023 YASED presents its “FDI in Figures” bulletin for February 2023
07/04/2023 Turkish Treasury reports a cash deficit of USD 1.7 billion for March 2023
04/04/2023 Automotive sales in Turkey increased 55.2% in 1st quarter of 2023
04/04/2023 Turkey’s foreign trade deficit is USD 34.9 billion in 1st quarter of 2023 per preliminary calculations
03/04/2023 Turkey’s official annual inflation rate decreases to 50.51% in March 2023
01/04/2023 Turkey’s Investment Office has published its April 2023 newsletter
31/03/2023 Turkey’s foreign trade deficit is USD 12.1 billion in February 2023
31/03/2023 Turkey’s gross external debt stock is USD 459 billion as of yearend 2022
31/03/2023 S&P Global revises Turkey’s sovereign rating to negative from stable, with “B” rating affirmed
30/03/2023 Turkey’s economic confidence index decreases 0.2% to 98.8 points in March 2023
29/03/2023 Turkey’s non-performing loans are USD 8.5 billion, 1.94% of total loans as of February 2023
24/03/2023 No. of companies closing in Turkey in February 2023 increased 52.4%
24/03/2023 No. of foreigners visiting Turkey increases 21.4% in February 2023
23/03/2023 The official annual unemployment rate for 2022 has been announced as 10.4%
23/03/2023 Turkish Central Bank keeps its policy interest rate unchanged at 8.5%
23/03/2023 Turkey’s consumer confidence index decreases 2.9% to 80.1 points in March 2023
23/03/2023 Istanbul falls 13 places to 90th place on the Global Financial Centres Index
20/03/2023 Turkey’s central administration gross debt stock is TL 4,211.1 billion in February 2023
20/03/2023 Turkey’s net international investment position is minus USD 262 billion as of January 2023
18/03/2023 Turkish Central Bank’s gross reserves decrease by 6.3% to USD 117.4 billion in February 2023
17/03/2023 OECD decreases its 2023 growth rate forecast for Turkey to 2.8%
17/03/2023 Fitch affirms Turkey’s credit rating at “B” with negative outlook
17/03/2023 Turkey’s short-term external debt stock is USD 152.8 billion for January 2023
16/03/2023 Turkey’s private sector foreign debt is USD 159.7 billion as of January 2023
15/03/2023 Property sales to foreign nationals in Turkey are 4.2% of total domestic sales in February 2023
15/03/2023 Turkey records a budget deficit of USD 9 billion in February 2023
13/03/2023 Turkey’s total automotive production increases by 6% in February 2023
13/03/2023 Turkey’s current account deficit is USD 9.8 billion in January 2023
13/03/2023 FDI to Turkey is USD 815 million in January 2023
13/03/2023 YASED presents its “FDI in Figures” bulletin for January 2023
10/03/2023 Turkey’s Industrial Production Index’s annual increase is 4.5% in January 2023
10/03/2023 Turkey’s official unemployment rate decreases to 9.7% in January 2023
07/03/2023 Turkish Treasury reports a cash deficit of USD 9.1 billion for February 2023
03/03/2023 Turkey’s official annual inflation rate decreases to 55.18% in February 2023
02/03/2023 Turkey’s foreign trade deficit is USD 12.2 billion in February 2023 per preliminary calculations
02/03/2023 Sales of light commercial vehicles in Turkey increased 85.2% in February 2023
01/03/2023 Turkey’s Investment Office has published its March 2023 newsletter
01/03/2023 Turkey’s non-performing loans are USD 8.6 billion, 2.02% of total loans as of January 2023
28/02/2023 Turkey’s economy grows 5.6% in 2022
27/02/2023 Turkey’s foreign trade deficit is USD 14.2 billion in January 2023
27/02/2023 Turkey’s economic confidence index decreases 0.3% to 99.1 points in February 2023
24/02/2023 No. of foreigners visiting Turkey increases 56.5% in January 2023
24/02/2023 No. of companies opening in Turkey in January 2023 increased 24.9%
23/02/2023 Turkish Central Bank reduces its policy interest rate to 8.5%
20/02/2023 Turkey’s central administration gross debt stock is USD 222.3 billion in January 2023
20/02/2023 Turkey’s net international investment position is minus USD 279.1 billion as of yearend 2022
20/02/2023 Turkish Central Bank’s gross reserves decrease by 2.6% to USD 125.3 billion in January 2023
20/02/2023 Turkey’s consumer confidence index increases 4.3% to 82.5 points in February 2023
20/02/2023 Turkey’s total automotive production increases by 23.6% in January 2023
17/02/2023 Property sales to foreign nationals in Turkey are 4.3% of total domestic sales in January 2023
17/02/2023 Turkey’s short-term external debt stock is USD 145.6 billion for December 2022
17/02/2023 Turkey’s private sector foreign debt is USD 160.1 billion as of December 2022
16/02/2023 YASED has published its Annual Report 2022
15/02/2023 Turkey records a budget deficit of USD 1.7 billion in January 2023
13/02/2023 Turkey’s current account deficit is USD 48.8 billion in 2022
13/02/2023 FDI to Turkey is USD 13 billion in 2022
13/02/2023 YASED presents its “FDI in Figures” bulletin for December 2022
10/02/2023 Turkey’s official unemployment rate is 10.3% in December 2022
10/02/2023 Turkey’s Industrial Production Index’s annual decrease is 0.2% in December 2022
07/02/2023 Turkish Treasury reports a cash deficit of USD 2.9 billion for January 2023
06/02/2023 Turkey’s population announced as 85,279,553 as of 31.12.2022
03/02/2023 Turkey’s official annual inflation rate decreases to 57.68% in January 2023
02/02/2023 Automotive sales in Turkey increased 33.5% in January 2023
02/02/2023 Turkey’s foreign trade deficit is USD 14.4 billion in January 2023 per preliminary calculations
01/02/2023 Turkey’s Investment Office has published its February 2023 newslette
31/01/2023 Turkey’s foreign trade deficit is USD 109.5 billion in 2022
31/01/2023 Turkey’s tourism revenue increases 53.4% to USD 46.3 billion in 2022
31/01/2023 No. of foreigners visiting Turkey in 2022 increases 80.3% to 44.6 million
30/01/2023 Turkey’s economic confidence index increases 1.3% to 99.3 points in January 2023
30/01/2023 Turkey’s non-performing loans are USD 8.7 billion, 2.11% of total loans as of yearend 2022
26/01/2023 Turkish Central Bank keeps its inflation forecast for 2023 yearend unchanged at 22.3%
26/01/2023 Turkish Central Bank adds incentives for Turkish lira to support its liraization strategy
23/01/2023 Fitch reports a significant boost to profitability of Turkish banks in 3rd quarter of 2022
23/01/2023 Turkey’s consumer confidence index increases 4.6% to 79.1 points in January 2023
20/01/2023 Turkey’s central administration gross debt stock is USD 215.6 billion in December 2022
20/01/2023 No. of companies closing in Turkey in 2022 has increased 42.8%
19/01/2023 Turkish Central Bank’s policy interest rate remains unchanged at 9%
19/01/2023 Turkish Central Bank’s gross reserves increase by 5.2% to USD 128.7 billion in December 2022
19/01/2023 Fitch says that Turkey’s international reserves improvement not sustainable
18/01/2023 P&W has published its Energy Deals 2022 report
18/01/2023 Turkey’s net international investment position is minus USD 265 billion as of November 2022
17/01/2023 Turkey’s short-term external debt stock is USD 145.4 billion for November 2022
17/01/2023 Property sales to foreign nationals in Turkey are 4.5% of total domestic sales in 2022
16/01/2023 Turkey’s private sector foreign debt is USD 161.2 billion as of November 2022
16/01/2023 Turkey records a budget deficit of USD 8.5 billion for the year 2022
16/01/2023 YASED publishes its “Macro Outlook Insights on Türkiye Q4/2022”
15/01/2023 Turkey’s total automotive production increases by 6% in 2022
14/01/2023 Deloitte has published its 2022 M&A review for Turkey
11/01/2023 FDI to Turkey is USD 1,018 million in November 2022
11/01/2023 Turkey’s current account deficit is USD 3.7 billion in November 2022
11/01/2023 World Bank revises Turkey’s growth forecast for 2023 down from 3.2% to 2.7%
11/01/2023 YASED presents its “FDI in Figures” bulletin for November 2022
10/01/2023 Turkey’s Industrial Production Index decreases 1.1% in November 2022 from previous month
10/01/2023 Turkey’s official unemployment rate remains at 10.2% in November 2022
06/01/2023 Turkish Treasury reports a cash deficit of USD 10.3 billion for the year 2022
04/01/2023 Automotive sales in Turkey increased 6.2% in 2022
03/01/2023 Turkey’s official annual inflation rate falls to 64.27% in December 2022
02/01/2023 Turkey’s foreign trade deficit is USD 110.2 billion in 2022 per preliminary calculations
02/01/2023 Turkey’s Investment Office has published its January 2023 newsletter
30/12/2022 Turkey’s gross external debt stock is USD 442.9 billion as of end of third quarter of 2022
30/12/2022 Turkey’s foreign trade deficit is USD 99.8 billion in first eleven months of 2022
29/12/2022 Turkey’s non-performing loans are USD 8.7 billion, 2.22% of total loans as of November 2022
29/12/2022 Turkey’s economic confidence index increases 0.7% to 97.6 points in December 2022
23/12/2022 No. of foreigners visiting Turkey in first eleven months of 2022 increases 84.8% to 42.2 million
23/12/2022 No. of companies closing in Turkey in first eleven months of 2022 has increased 49.8%
22/12/2022 Turkish Central Bank keeps policy interest rate same at 9%
22/12/2022 Turkey’s net minimum wage has been raised 54.66% to TL 8,506 (USD 455) as of 01.01.2023
21/12/2022 KPMG estimates total M&A deals in Turkey in 2022 as USD 6.5 billion
20/12/2022 Turkey’s consumer confidence index decreases 1.3% to 75.6 points in December 2022
20/12/2022 Turkey’s central administration gross debt stock is USD 209.7 billion in November 2022
19/12/2022 Turkey’s net international investment position is minus USD 249.8 billion as of October 2022
16/12/2022 Turkey’s 2023 budget is ratified by parliament
16/12/2022 Turkey’s short-term external debt stock is USD 142.3 billion for October 2022
16/12/2022 Fitch sees increased risk of government intervention in Turkish banking system
15/12/2022 Turkish Central Bank’s gross reserves increase by 7.8% to USD 122.4 billion in November 2022
15/12/2022 Turkey’s private sector foreign debt is USD 160.9 billion as of October 2022
15/12/2022 Turkey records a budget surplus of USD 5.8 billion in November 2022
15/12/2022 Property sales to foreign nationals in Turkey are 5.2% of total domestic sales in November 2022
13/12/2022 Turkey’s Industrial Production Index’s monthly increase is 2.4% in October 2022
12/12/2022 Turkey’s official unemployment rate is recorded as 10.2% in October 2022
12/12/2022 Turkey’s current account deficit is USD 38.2 billion in first ten months of 2022
12/12/2022 FDI to Turkey is USD 1,018 million in October 2022
12/12/2022 Turkey’s total automotive production increases by 5.7% in first eleven months of 2022
12/12/2022 YASED presents its “FDI in Figures” bulletin for October 2022
07/12/2022 Turkish Treasury reports a cash surplus of USD 5.3 billion for November 2022
05/12/2022 Turkey’s official annual inflation rate decreases marginally to 84.39% in November 2022
02/12/2022 Turkey’s foreign trade deficit is USD 99.9 billion in first eleven months of 2022 per preliminary calculations
02/12/2022 Automotive sales in Turkey increase 36.7% in November 2022
01/12/2022 Turkey’s Investment Office has published its December 2022 newsletter
30/11/2022 Turkey’s economy grows 3.9% in the third quarter of 2022
29/11/2022 Turkey’s foreign trade deficit is USD 91 billion in first ten months of 2022
29/11/2022 Turkey’s economic confidence index decreases 0.2% to 96.9 points in November 2022
29/11/2022 Turkey’s non-performing loans are USD 8.7 billion, 2.24% of total loans as of October 2022
26/11/2022 OECD marginally decreases its 2022 growth rate forecast for Turkey to 5.3%
24/11/2022 Turkish Central Bank cuts interest rate further by 150 basis points to 9%
23/11/2022 OECD decreases its 2022 growth rate forecast for Turkey from 5.4% to 5.3%
22/11/2022 Turkey’s consumer confidence index increases 0.6% to 76.6 points in November 2022
21/11/2022 Turkey’s central administration gross debt stock is USD 204.6 billion in October 2022
21/11/2022 No. of foreigners visiting Turkey in first ten months of 2022 increases 88.1% to 39.6 million
18/11/2022 No. of companies closing in Turkey in first ten months of 2022 has increased 55.9%
18/11/2022 Turkish Central Bank’s gross reserves increase by 6% to USD 113.5 billion in October 2022
18/11/2022 Turkey’s net international investment position is minus USD 224.9 billion as of September 2022
18/11/2022 Fitch has affirmed Turkey’s credit rating at “B” with negative outlook
17/11/2022 Turkey’s short-term external debt stock is USD 139.5 billion for September 2022
16/11/2022 Property sales to foreign nationals in Turkey are 5.2% of total domestic sales in October 2022
16/11/2022 Turkey’s private sector foreign debt is USD 160.9 billion as of September 2022
15/11/2022 Turkey records a budget deficit of USD 4.5 billion in October 2022
15/11/2022 YASED presents its “FDI in Figures” bulletin for September 2022
12/11/2022 Turkey’s total automotive production increases by 4.6% in first ten months of 2022
11/11/2022 Turkey’s Industrial Production Index’s annual increase is 0.4% in September 2022
11/11/2022 Turkish Central Bank revises calculation method of its Current Account balance
11/11/2022 FDI to Turkey is USD 964 million in September 2022
10/11/2022 Turkey’s official unemployment rate is recorded as 10.1% in September 2022
10/11/2022 Moody’s increases its 2022 growth forecast for Turkey from 4.5% to 5.3%
07/11/2022 Turkish Treasury reports a cash deficit of USD 3.9 billion for October 2022
03/11/2022 Turkey’s official annual inflation rate rises further to 85.51% in October 2022
02/11/2022 Automotive sales in Turkey increase 14.9% in October 2022
02/11/2022 Turkey’s foreign trade deficit is USD 91.1 billion in first ten months of 2022 per preliminary calculations
01/11/2022 Turkey’s Investment Office has published its November 2022 newsletter
31/10/2022 Turkish banks’ profits for first nine months of 2022 increases 402.6%
27/10/2022 Turkey’s economic confidence index increases 3% to 97.1 points in October 2022
27/10/2022 No. of foreigners visiting Turkey in first nine months of 2022 increases 98% to 34.8 million
27/10/2022 Turkey’s foreign trade deficit is USD 9.6 billion in September 2022
27/10/2022 Turkish Central Bank’s gross reserves decrease by 3.8% to USD 107 billion in September 2022
27/10/2022 Turkey’s tourism revenue increases 27.1% to USD 18 billion in 3rd quarter of 2022
27/10/2022 Turkish Central Bank raises its inflation forecast for 2022 yearend from 60.4% to 65.2%
22/10/2022 Turkey’s central administration gross debt stock is USD 198.2 billion in September 2022
21/10/2022 Turkey’s consumer confidence index increases 5.3% to 76.2 points in October 2022
21/10/2022 No. of companies closing in Turkey in first nine months of 2022 has increased 62.7%
20/10/2022 Turkish Central Bank cuts interest rate further by 150 basis points to 10.5%
18/10/2022 Turkey’s net international investment position is minus USD 223.1 billion as of August 2022
17/10/2022 Turkey’s total automotive production recovers with 20.5% increase in September 2022
17/10/2022 Turkey records a budget deficit of USD 4.2 billion in September 2022
17/10/2022 Turkey’s short-term external debt stock is USD 138.1 billion for August 2022
14/10/2022 Turkey’s private sector foreign debt is USD 162.9 billion as of August 2022
14/10/2022 Property sales to foreign nationals in Turkey are 4.5% of total domestic sales in September 2022
12/10/2022 Turkey’s Industrial Production Index’s annual increase is 1% in August 2022
11/10/2022 FDI to Turkey is USD 887 million in August 2022
11/10/2022 Turkey’s current account deficit is USD 39.7 billion in first eight months of 2022
11/10/2022 YASED presents its “FDI in Figures” bulletin for August 2022
10/10/2022 Turkey’s official unemployment rate is recorded as 9.6% in August 2022
07/10/2022 Turkish Treasury reports a cash deficit of USD 4.3 billion for September 2022
04/10/2022 Turkey’s foreign trade deficit is USD 83.8 billion in first nine months of 2022 per preliminary calculations
04/10/2022 Automotive sales in Turkey increase 8.7% in September 2022
03/10/2022 Turkey’s official annual inflation rate rises further to 83.45% in September 2022
03/10/2022 Turkey’s Investment Office has published its October 2022 newsletter
30/09/2022 Turkey’s foreign trade deficit is USD 11.2 billion in August 2022
30/09/2022 S&P Global reduces Turkey’s sovereign rating to “B” with stable outlook
30/09/2022 Turkey’s gross external debt stock is USD 444.4 billion as of end of second quarter of 2022
29/09/2022 S&P increases its forecast for Turkey’s growth rate in 2022 to 5.2%
29/09/2022 Turkish banks’ profits for first eight months of 2022 increases 420.5%
29/09/2022 Turkey’s economic confidence index remains unchanged at 94.3 points in September 2022
26/09/2022 OECD increases its 2022 growth rate forecast for Turkey to 5.4%
23/09/2022 No. of foreigners visiting Turkey in first eight months of 2022 increases 108.5% to 29.3 million
23/09/2022 No. of companies closing in Turkey in first eight months of 2022 has increased 70.2%
22/09/2022 Turkish Central Bank persists with a further interest rate cut of 100 basis points to 12%
22/09/2022 Turkey’s consumer confidence index up marginally to 72.4 points in September 2022
22/09/2022 Istanbul falls 13 places to 77th place on the Global Financial Centres Index
20/09/2022 Turkey’s central administration gross debt stock is USD 200.7 billion in August 2022
19/09/2022 Turkey’s net international investment position is minus USD 217.3 billion as of July 2022
16/09/2022 Turkey’s short-term external debt stock is USD 134.6 billion for July 2022
15/09/2022 Turkey’s private sector foreign debt is USD 162 billion as of July 2022
15/09/2022 Property sales to foreign nationals in Turkey are 4.3% of total domestic sales in August 2022
15/09/2022 Turkey records a budget surplus of USD 197 million in August 2022
15/09/2022 Turkish Central Bank’s gross reserves increase by 9.8% to USD 111.2 billion in August 2022
14/09/2022 Fitch revises up to 5.2% its growth forecast for Turkey in 2022
13/09/2022 Turkey’s Industrial Production Index’s annual increase is 2.4% in July 2022
12/09/2022 Turkey’s official unemployment rate is recorded as 10.1% in July 2022
12/09/2022 FDI to Turkey is USD 658 million in July 2022
12/09/2022 Turkey’s current account deficit is USD 36.6 billion in first seven months of 2022
12/09/2022 Turkey’s total automotive exports fall 21.9% in August 2022
12/09/2022 YASED presents its “FDI in Figures” bulletin for July 2022
08/09/2022 Turkish Treasury reports a cash surplus of USD 1.6 billion for August 2022
05/09/2022 Turkey’s official annual inflation rate rises further to 80.21% in August 2022
02/09/2022 Automotive sales in Turkey fell 17.3% in August 2022
02/09/2022 Turkey’s foreign trade deficit is USD 11.3 billion in August 2022 per preliminary calculations
01/09/2022 Turkey’s Investment Office has published its September 2022 newsletter
31/08/2022 Turkey’s economy grows 7.6% in the second quarter of 2022
31/08/2022 Moody’s increases Turkey’s growth outlook for 2022 to 4.5%
29/08/2022 Turkish banks’ profits for first seven months of 2022 increases 417,2%
29/08/2022 Turkey’s economic confidence index increases 1% to 94.3 points in August 2022
29/08/2022 Turkey’s foreign trade deficit rises to USD 10.7 billion in July 2022
23/08/2022 Turkey’s consumer confidence index increases 6.1% to 72.2 points in August 2022
22/08/2022 Turkey’s total automotive production increases 37.4% in July 2022
22/08/2022 No. of foreigners visiting Turkey in first seven months of 2022 increases 128.3% to 23 million
22/08/2022 Turkey’s central administration gross debt stock is USD 202.2 billion in July 2022
22/08/2022 No. of companies closing in Turkey in first seven months of 2022 has increased 78.6%
18/08/2022 Turkish Central Bank shocks with an interest rate cut of 100 basis points to 13%
18/08/2022 Turkish Central Bank’s gross reserves increase by 3% to USD 101.3 billion in July 2022
18/08/2022 Turkey’s net international investment position is minus USD 222.4 billion as of June 2022
18/08/2022 Fitch sees Turkey’s external finances under continued pressure
18/08/2022 Moody’s sees increased pressure on Turkey due to its high energy import bill
17/08/2022 Turkey’s short-term external debt stock is USD 134.8 billion for June 2022
16/08/2022 Turkey’s private sector foreign debt is USD 161.4 billion as of June 2022
16/08/2022 Property sales to foreign nationals in Turkey decrease to 4.2% of total domestic sales in July 2022
15/08/2022 Turkey records a budget deficit of USD 3.6 billion in July 2022
13/08/2022 Moody's downgrades Turkey’s credit rating from B2 to B3 with stable outlook
12/08/2022 Turkey’s Industrial Production Index increases by 8.5% in June 2022
11/08/2022 FDI to Turkey is USD 5.5 billion in the first half of 2022
11/08/2022 Turkey’s current account deficit is USD 32.4 billion in first half of 2022
11/08/2022 YASED presents its “FDI in Figures” bulletin for June 2022
10/08/2022 Turkey’s official unemployment rate is recorded as 10.3% in June 2022
05/08/2022 Turkish Treasury reports a cash deficit of USD 5.2 billion for July 2022
03/08/2022 Turkish banks’ non-performing loans are 2.50% of total loans as of June 2022
03/08/2022 Turkey’s foreign trade deficit is USD 62 billion in first seven months of 2022 per preliminary calculations
03/08/2022 Turkey’s official annual inflation rate rises further to 79.60% in July 2022
02/08/2022 Car sales in Turkey increase 13% in July 2022
01/08/2022 Turkey’s Investment Office has published its August 2022 newsletter
29/07/2022 Turkey’s tourism revenue increases 190.2% to USD 8.7 billion in 2nd quarter of 2022
29/07/2022 No. of foreigners visiting Turkey in first half of 2022 increases 185.7% to 16.4 million
29/07/2022 Turkey’s foreign trade deficit is USD 51.4 billion in first half of 2022
28/07/2022 Turkish Central Bank raises its inflation forecast for 2022 yearend from 42.8% to 60.4%
28/07/2022 Turkey’s economic confidence index decreases 0.2% to 93.4 points in July 2022
25/07/2022 Turkey’s total automotive production increases by 26.3% in June 2022
25/07/2022 YASED presents its “FDI in Figures” bulletin for May 2022
22/07/2022 No. of companies closing in Turkey in first half of 2022 has increased 83.3%
21/07/2022 Turkish Central Bank stays with its policy interest rate of 14%
20/07/2022 Turkey’s central administration gross debt stock is USD 205.7 billion in June 2022
20/07/2022 Turkish Central Bank’s gross reserves decrease by 3.3% to USD 98.3 billion in June 2022
20/07/2022 Turkey’s net international investment position is minus USD 226.1 billion as of May 2022
20/07/2022 Turkey’s consumer confidence index increases 7.4% to 68 points in July 2022
19/07/2022 Property sales to foreign nationals in Turkey reach record of 5.7% of total domestic sales in June 2022
19/07/2022 Turkey’s short-term external debt stock is USD 134.5 billion for May 2022
18/07/2022 Turkey’s private sector foreign debt is USD 163.6 billion as of May 2022
18/07/2022 Turkey records a budget deficit of USD 1.9 billion in June 2022
14/07/2022 Fitch sees increased risks presented by Turkey’s economic policies
14/07/2022 Turkey’s Industrial Production Index increases by 9.1% in May 2022
13/07/2022 Turkey’s official unemployment rate is recorded as 10.9% in May 2022
08/07/2022 FDI to Turkey is USD 1,180 million in May 2022
08/07/2022 Fitch downgrades Turkey’s credit rating to B with negative outlook
08/07/2022 Turkey’s current account deficit is USD 6.5 billion in May 2022
07/07/2022 Turkish Treasury reports a cash deficit of USD 26.6 billion for June 2022
04/07/2022 Automotive sales in Turkey decrease 9.3% in first half of 2022
04/07/2022 Turkey’s official annual inflation rate rises further to 78.62% in June 2022
02/07/2022 Turkey’s exports and imports are highest recorded to date per preliminary calculations
01/07/2022 Turkey’s Investment Office has published its July 2022 newsletter
01/07/2022 Turkey’s net minimum wage has been raised 29.3% to TL 5,500.35 (USD 330) as of 01.07.2022
30/06/2022 Turkey’s foreign trade deficit is USD 10.6 billion in May of 2022
30/06/2022 Turkey’s gross external debt stock is USD 451.2 billion as of end of first quarter of 2022
29/06/2022 Turkey’s economic confidence index decreases 3.3% to 93.6 points in June 2022
29/06/2022 Turkish banks’ profits increase 434.1% in first 5 months of 2022
25/06/2022 Turkish government introduces capital controls on companies
23/06/2022 Turkish Central Bank stays committed to its policy interest rate of 14%
22/06/2022 Turkey’s consumer confidence index falls to 63.4 points in June 2022, lowest since 2004
20/06/2022 Turkey’s central administration gross debt stock is USD 205.1 billion in May 2022
20/06/2022 Turkey’s net international investment position is minus USD 236.8 billion as of April 2022
20/06/2022 No. of foreigners visiting Turkey in May 2022 closes in on 2019 record
20/06/2022 Fitch Ratings sees Turkish insurers under severe strain
17/06/2022 Turkey’s short-term external debt stock is USD 133.4 billion for April 2022
17/06/2022 Turkey’s private sector foreign debt is USD 163.7 billion as of April 2022
17/06/2022 Turkish Central Bank’s gross reserves decrease by 4.8% to USD 101.7 billion in May 2022
17/06/2022 No. of companies closing in Turkey in first five months of 2022 increases 74%
15/06/2022 Turkey records a record budget surplus of USD 8.8 billion in May 2022
15/06/2022 Property sales to foreign nationals in Turkey were 4.9% of total domestic sales in May 2022
14/06/2022 YASED presents its “FDI in Figures” bulletin for April 2022
13/06/2022 Turkey’s Industrial Production Index increases by 10.8% in April 2022
13/06/2022 FDI to Turkey is USD 633 million in April 2022
13/06/2022 Turkey’s total automotive production increases by 25.5% in May 2022
13/06/2022 Turkey’s current account deficit is USD 20.1 billion for first four months of 2022
10/06/2022 Turkish Central Bank increases reserve requirement for TL cash commercial loans
10/06/2022 Turkey’s official unemployment rate is recorded as 11.3% in April 2022
08/06/2022 S&P Global sees risks of additional capital controls in Turkey
08/06/2022 OECD increases its 2022 growth rate forecast for Turkey to 3.7%
07/06/2022 Turkish Treasury reports a cash surplus of USD 9.1 billion for May 2022
03/06/2022 Turkey’s official annual inflation rate rises further to 73.50% in May 2022
03/06/2022 Turkey’s non-performing loans are USD 10.9 billion, 2.77% of total loans as of April 2022
02/06/2022 Automotive sales in Turkey decrease 12% in first five months of 2022
02/06/2022 Turkey’s Investment Office has published its June 2022 newsletter
02/06/2022 Turkey’s foreign trade deficit is USD 10.7 billion in May 2022 per preliminary calculations
01/06/2022 ISO publishes survey of Turkey’s Top 500 Industrial Enterprises for 2021
31/05/2022 Turkey’s economy grows 7.3% in the first quarter of 2022
31/05/2022 Turkey’s foreign trade deficit is USD 32.6 billion in the first four months of 2022
27/05/2022 No. of companies closing in Turkey in April 2022 increases 125.9%
26/05/2022 Turkey’s economic confidence index increases 2.1% to 96.7 points in May 2022
26/05/2022 Turkish Central Bank’s policy interest rate remains fixated at 14%
25/05/2022 YASED presents its “FDI in Figures” bulletin for March 2022
24/05/2022 Turkey’s net international investment position is minus USD 227.5 billion as of March 2022
23/05/2022 Foreigners visiting Turkey increase by 172.5% in first four months of 2022
23/05/2022 Turkey’s short-term external debt stock is USD 132.3 billion for March 2022
20/05/2022 Turkey’s central administration gross debt stock is USD 211.2 billion in April 2022
20/05/2022 Turkey’s private sector foreign debt is USD 167.3 billion as of March 2022
20/05/2022 Turkish Central Bank’s gross reserves increase by 0.9% to USD 106.9 billion in April 2022
20/05/2022 Turkey’s consumer confidence index increases marginally to 67.6 points in May 2022
17/05/2022 Property sales to foreign nationals in Turkey were 4.8% of total domestic sales in April 2022
16/05/2022 Turkey’s current account records a deficit of USD 5.6 billion in March 2022
16/05/2022 Turkey’s total automotive production increases by 3.2% in April 2022
16/05/2022 Turkey records a budget deficit of USD 3.4 billion in April 2022
16/05/2022 FDI to Turkey is USD 740 million in March 2022
13/05/2022 Turkey’s Industrial Production Index increases by 9.6% in March 2022
13/05/2022 Value of property purchase for Turkish citizenship increased to USD 400,000
12/05/2022 Fitch Ratings sees operating difficulties facing Turkish Islamic banks
11/05/2022 Turkish Treasury reports a cash deficit of USD 3 billion for April 2022
10/05/2022 Turkey’s official unemployment rate jumps to 11.5% in March 2022
06/05/2022 Automotive sales in Turkey fall 18.5% in first four months of 2022
05/05/2022 Turkey’s official annual inflation rate climbs to 69.97% in April 2022
05/05/2022 Turkey’s foreign trade deficit is USD 6.1 billion in April 2022 per preliminary calculations
02/05/2022 Turkey’s Investment Office has published its May 2022 newsletter
29/04/2022 Turkey’s non-performing loans are USD 11.1 billion, 2.87% of total loans as of March 2022
29/04/2022 Turkey’s foreign trade deficit is USD 26.4 billion in the first three months of 2022
29/04/2022 Foreigners visiting Turkey increase by 151% in first three months of 2022
29/04/2022 Turkey’s tourism revenue increases 122.4% to USD 5.5 billion in 1st quarter of 2022
28/04/2022 Turkey’s economic confidence index decreases 1.1% to 94.7 points in April 2022
28/04/2022 Turkish Central Bank’s gross reserves decrease by 4.1% to USD 105.9 billion in March 2022
28/04/2022 Turkish Central Bank raises its inflation forecast for 2022 yearend from 23.2% to 42.8%
23/04/2022 Turkish Central Bank revises its reserve requirement regulations
23/04/2022 No. of companies closing in Turkey in March 2022 increases 39.8%
21/04/2022 IMF relegates Turkey economy down to number 21 in GDP global ranking
21/04/2022 Turkey’s consumer confidence index at 67.3 points in April 2022 lowest since 2004
20/04/2022 Turkey’s central administration gross debt stock is USD 212.2 billion in March 2022
18/04/2022 Turkey’s net international investment position is minus USD 224 billion as of February 2022
15/04/2022 Property sales to foreign nationals in Turkey were 4.1% of total domestic sales in March 2022
15/04/2022 Turkey records a budget deficit of USD 4.7 billion in March 2022
15/04/2022 Turkey’s short-term external debt stock is USD 130.5 billion for February 2022
15/04/2022 Turkish Central Bank raises mandatory exporters' FX revenue conversion rate to 40%
14/04/2022 TÜSİAD has published its report on Turkey’s 2022 outlook
14/04/2022 Turkey’s private sector foreign debt is USD 167.7 billion as of February 2022
14/04/2022 Turkish Central Bank keeps policy interest rate same at 14%
12/04/2022 Turkey’s Industrial Production Index increases by 13.3% in February 2022
11/04/2022 Turkey’s official unemployment rate decreases to 10.7% in February 2022
11/04/2022 Turkey’s current account records a deficit of USD 5.2 billion in February 2022
11/04/2022 FDI to Turkey is USD 450 million in February 2022
11/04/2022 Turkey’s total automotive production falls by 13.7% in March 2022
11/04/2022 World Bank revises Turkey’s growth in 2022 down from 2% to 1.4%
11/04/2022 YASED presents its “FDI in Figures” bulletin for February 2022
07/04/2022 Turkish Treasury reports a cash deficit of USD 2.8 billion for March 2022
04/04/2022 Turkey’s foreign trade deficit is USD 8.2 billion in March 2022 per preliminary calculations
04/04/2022 Automotive sales in Turkey fall 33.4% in March 2022
04/04/2022 Turkey’s official annual inflation rate rises further to 61.14% in March 2022
01/04/2022 S&P Global reduces Turkey’s local currency rating to “B+” with negative outlook
01/04/2022 Turkey’s Investment Office has published its April 2022 newsletter
31/03/2022 Turkey’s foreign trade deficit is USD 7.9 billion in February 2022
31/03/2022 Turkey’s gross external debt stock is USD 441.1 billion as of 2021 yearend
31/03/2022 TÜSİAD elects Orhan Turan as its new president
30/03/2022 Turkey’s economic confidence index decreases 2.5% to 95.7 points in March 2022
29/03/2022 Turkey’s non-performing loans are USD 11.7 billion, 3.04% of total loans as of February 2022
29/03/2022 S&P forecasts Turkey’s growth rate in 2022 as 2.4%
27/03/2022 Turkish Central Bank’s gross reserves increase by 2.4% to USD 112.3 billion in February 2022
24/03/2022 Istanbul falls 3 places to 64th place on the Global Financial Centres Index
23/03/2022 Turkey’s consumer confidence index increases by 1.9% to 72.5 points in March 2022
23/03/2022 The official annual unemployment rate for 2021 has been announced as 12%
21/03/2022 Foreigners visiting Turkey increase by 186,5% in February 2022
21/03/2022 Turkey’s central administration gross debt stock is USD 213 billion in February 2022
18/03/2022 Turkey’s net international investment position is minus USD 238.3 billion as of January 2022
18/03/2022 No. of companies opening and closing in Turkey in February 2022 do not reflect Turkey’s economic crisis
17/03/2022 Turkey’s short-term external debt stock is USD 125.5 billion for January 2022
17/03/2022 Turkish Central Bank policy interest rate remains unchanged at 14%
16/03/2022 Turkey’s private sector foreign debt is USD 168.6 billion as of January 2022
15/03/2022 Property sales to foreign nationals in Turkey were 4.7% of total domestic sales in February 2022
15/03/2022 Turkey records a budget surplus of USD 5 billion in February 2022
14/03/2022 Turkey’s total automotive production falls by 9% in February 2022
14/03/2022 Turkish Central Bank announces details of 'foreign-exchange protected' gold deposit accounts
11/03/2022 FDI to Turkey is USD 850 million in January 2022
11/03/2022 Turkey’s Industrial Production Index decreases by 2.4% in January 2022 on previous month
11/03/2022 Turkey’s current account records a deficit of USD 7.1 billion in January 2022
11/03/2022 YASED presents its “FDI in Figures” bulletin for January 2022
10/03/2022 Turkey’s official unemployment rate remains same at 11.4% in January 2022
07/03/2022 Turkish Treasury reports a cash surplus of USD 4 billion for February 2022
03/03/2022 Turkey’s official annual inflation rate rises further to 54.44% in February 2022
02/03/2022 Turkey’s foreign trade deficit is USD 8.1 billion in February 2022 per preliminary calculations
02/03/2022 Automotive sales in Turkey fall 15.1% in February 2022
01/03/2022 Turkey’s Investment Office has published its March 2022 newsletter
01/03/2022 Turkey’s non-performing loans are USD 12 billion, 3.15% of total loans as of January 2022
28/02/2022 Turkey’s foreign trade deficit is USD 10.3 billion in January 2022
28/02/2022 Turkey’s economy grows 11% in 2021
25/02/2022 Turkey’s economic confidence index decreases 2.6% to 98.2 points in February 2022
21/02/2022 Turkey’s central administration gross debt stock is USD 212.1 billion in January 2022
21/02/2022 Foreigners visiting Turkey increase by 151.4% in January 2022
18/02/2022 Number of companies closing in Turkey in January 2022 increased by 7.8%
18/02/2022 Turkey’s consumer confidence index decreases by 2.8% to 71.2 points in February 2022
18/02/2022 Property sales to foreign nationals in Turkey were 4.7% of total domestic sales in January 2022
18/02/2022 Turkey’s net international investment position is minus USD 230.2 billion as of 2021 yearend
17/02/2022 Turkey’s short-term external debt stock is USD 125.6 billion at 2021 yearend
17/02/2022 Turkish Central Bank maintains its interest rate at 14%
17/02/2022 Turkish Central Bank’s gross reserves decrease by 1.3% to USD 109.7 billion in January 2022
16/02/2022 Turkey’s private sector foreign debt is USD 169.4 billion as of December 2021
15/02/2022 Turkey records a budget surplus of USD 2.2 billion in January 2022
15/02/2022 Turkey’s total automotive production falls by 14.7% in January 2022
12/02/2022 Turkey reduces VAT on basic foods to help fight inflation
11/02/2022 Fitch has downgraded Turkey's rating to “B+” with negative outlook
11/02/2022 Turkey’s current account records a deficit of USD 14.9 billion in 2021
11/02/2022 FDI to Turkey in 2021 is USD 14.1 billion, highest since 2016
11/02/2022 Law exempting converted Turkish lira deposits from corporation tax approved
11/02/2022 Turkey’s Industrial Production Index increases by 14.4% in December 2021 on previous year
11/02/2022 YASED presents its “FDI in Figures” bulletin for the year 2021
11/02/2022 YASED has published its Annual Report 2021
10/02/2022 Turkey’s official unemployment rate remains the same at 11.2% in December 2021
07/02/2022 Turkish Treasury reports a cash deficit of USD 2.8 billion for January 2022
04/02/2022 Turkey’s population announced as 84,680,273 as of 31.12.2021
03/02/2022 S&P sees very uncertain prospects for Turkey’s economy
03/02/2022 Turkey’s official annual inflation rate rises further to 48.69% in January 2022
03/02/2022 Automotive sales in Turkey fall 12.8% in January 2022
03/02/2022 Fitch sees limited interest in Turkey’s F/X-protected lira deposits
02/02/2022 Turkey’s foreign trade deficit is USD 10.4 billion in January 2022 per preliminary calculations
02/02/2022 Turkey’s Investment Office has published its February 2022 newsletter
01/02/2022 World Bank sees decline in Turkey’s growth to 2% in 2022
31/01/2022 Turkish Central Bank’s gross reserves increase by 19.2% to USD 111.2 billion as of 2021 yearend
31/01/2022 64.5% of Turkey’s bank deposits as of 2021 yearend are denominated in foreign currency
31/01/2022 Turkey’s tourism revenue increases 103% to USD 24.5 billion in 2021
31/01/2022 Turkey’s foreign trade deficit was USD 46.1 billion in 2021
31/01/2022 Foreigners visiting Turkey in 2021 increase by 94.1% to 24.7 million
28/01/2022 Turkey’s economic confidence index increases 2.7% to 100.8 points in January 2022
27/01/2022 Turkish Central Bank doubles its inflation forecast for 2022 yearend to 23.2%
21/01/2022 Number of companies opening in Turkey in 2021 increased by 8.3%
21/01/2022 Turkey’s consumer confidence index increases by 6.2% to 73.2 points in January 2022
20/01/2022 Turkey’s central administration gross debt stock is USD 206 bln in December 2021
20/01/2022 Turkish Central Bank keeps its interest rate unchanged at 14%
18/01/2022 Turkey’s net international investment position is minus USD 220.4 billion in November 2021
17/01/2022 Turkey’s short-term external debt stock is USD 124.1 billion in November 2021
17/01/2022 Fitch sees high macro-economic and financial risks faced by Turkey
17/01/2022 Turkey records a budget deficit of USD 21.3 billion in 2021
17/01/2022 Turkey’s total automotive production falls by 1.7% in 2021
14/01/2022 Turkey’s private sector foreign debt is USD 167.8 billion as of November 2021
14/01/2022 Property sales to foreign nationals in Turkey increase by 43.5% to 58,576 units in 2021
14/01/2022 Deloitte has published its 2021 M&A review for Turkey
14/01/2022 EY discloses M&A transactions in 2021 in Turkey as USD 15.1 billion
13/01/2022 Turkey’s Industrial Production Index increases by 3.3% in November 2021 from previous month
12/01/2022 World Bank revises Turkey’s growth for 2022 to 2%
11/01/2022 FDI to Turkey in first eleven months of 2021 is USD 11.6 billion
11/01/2022 Turkey’s current account records a deficit of USD 2.7 billion in November 2021
10/01/2022 Turkey’s official unemployment rate remains the same at 11.2% in November 2021
07/01/2022 Turkish Treasury reports a cash deficit of USD 15.8 billion for 2021
05/01/2022 Automotive sales in Turkey fell 4.6% in 2021
04/01/2022 Turkish Exporters now required to convert 25% of their income to liras
03/01/2022 Turkey’s official annual inflation rate surges up to 36.08% in December 2021
03/01/2022 Turkey’s foreign trade deficit for 2021 is USD 46 billion per preliminary calculations
02/01/2022 Turkey’s Investment Office has published its January 2022 newsletter
31/12/2021 Turkey’s foreign trade deficit is USD 5.4 billion in November 2021
31/12/2021 Turkey’s gross external debt stock is USD 453.5 billion as of end of third quarter of 2021
30/12/2021 Turkey’s economic confidence index decreases 1.8% to 97.6 points in December 2021
29/12/2021 Turkey’s non-performing loans are USD 12.4 billion, 3.23% of total loans as of November 2021
28/12/2021 Turkish Central Bank’s gross reserves increase by 1.3% to USD 125.6 billion in November 2021
28/12/2021 KPMG estimates total M&A deals in Turkey in 2021 as USD 15.5 billion
24/12/2021 Foreigners visiting Turkey in first eleven months of 2021 increase by 89.6%
22/12/2021 Fitch sees exchange-rate volatility in Turkey as a risk for its banking sector
21/12/2021 Turkish government introduces new TL deposits instrument to halt slide in TL
21/12/2021 Turkey’s consumer confidence index at 68.9 points in December 2021 lowest since 2004
21/12/2021 Turkish Central Bank adds its support to implementation of new TL deposits instrument
20/12/2021 Turkey’s net international investment position is minus USD 255.7 billion in October 2021
20/12/2021 Turkey’s central administration gross debt stock is USD 209.1 billion in November 2021
17/12/2021 Number of companies closing in Turkey in November 2021 increased by 57.4%
17/12/2021 Turkey’s 2022 budget is ratified by parliament
17/12/2021 Turkey’s short-term external debt stock is USD 125.5 billion in October 2021
16/12/2021 Turkey’s private sector foreign debt is USD 169.8 billion as of October 2021
16/12/2021 Turkey’s net minimum wage has been raised 50.52% to TL 4,253.40 (USD 319) as of 01.01.2022
16/12/2021 Turkish Central Bank decreases its interest rate a further 100 basis points to 14%
15/12/2021 Turkey records a budget surplus of USD 2.5 billion in November 2021
14/12/2021 Property sales to foreign nationals in Turkey hits new record in November 2021
13/12/2021 Turkey’s Industrial Production Index increases by 0.6% in October 2021 from previous month
13/12/2021 Turkey’s total automotive exports fall by 25.4% in November 2021
13/12/2021 Turkey’s current account records a surplus of USD 3.2 billion in October 2021
13/12/2021 FDI to Turkey in first ten months of 2021 amounts to USD 10.7 billion
10/12/2021 Turkey’s official unemployment rate decreases to 11.2% in October 2021
10/12/2021 S&P Global reduces Turkey’s outlook to negative, with ratings affirmed
07/12/2021 Turkish Treasury reports a cash surplus of USD 2.5 billion in November 2021
03/12/2021 Moody’s has affirmed Turkey’s B2 rating, maintaining negative outlook
03/12/2021 Turkey’s official annual inflation rate increases to 21.31% in November 2021
02/12/2021 Automotive car sales in Turkey fell 33.2% in November 2021
02/12/2021 Turkey’s foreign trade deficit is USD 5.3 billion in November 2021 per preliminary calculations
02/12/2021 Fitch revises Turkey's outlook to negative, while affirming its rating at 'BB-'
02/12/2021 S&P Global sees risks in Turkey’s use of “borrowed” reserves
02/12/2021 OECD raises its 2021 growth forecast for Turkey to 9%
01/12/2021 S&P Global Ratings has revised Turkey’s growth in 2021 to 9.8%
01/12/2021 Turkey’s Investment Office has published its December 2021 newsletter
30/11/2021 Turkey’s economy grows 7.4% in the third quarter of 2021
29/11/2021 Turkey’s economic confidence index decreases 2% to 99.3 points in November 2021
29/11/2021 Turkey’s foreign trade deficit is USD 33.9 billion in first 10 months of 2021
29/11/2021 Turkey’s non-performing loans are USD 16.1 billion, 3.52% of total loans as of October 2021
24/11/2021 S&P Global sees fall in lira causing “catastrophe” for Turkish polymer markets
22/11/2021 Turkey’s central administration gross debt stock is USD 239.1 billion in October 2021
22/11/2021 Turkey’s consumer confidence index falls by 7.3% to 71.1 points in November 2021
22/11/2021 Foreigners visiting Turkey in first ten months of 2021 increase by 88%
19/11/2021 Number of companies closing in Turkey in October 2021 increased by 18.9%
18/11/2021 Turkey’s net international investment position is minus USD 285.6 billion in September 2021
18/11/2021 Turkish Central Bank decreases its interest rate a further 100 basis points to 15%
17/11/2021 Turkey’s short-term external debt stock is USD 124.9 billion in September 2021
16/11/2021 Turkey’s private sector foreign debt is USD 171.6 billion as of September 2021
15/11/2021 Turkey records a budget deficit of USD 1.8 billion in October 2021
15/11/2021 Property sales to foreign nationals in Turkey are 4.3% of total sales in October 2021
15/11/2021 Turkey’s total automotive production falls 28.3% in October 2021
12/11/2021 Turkey’s Industrial Production Index decreases by 1.5% in September 2021 from previous month
11/11/2021 Turkey’s current account records a surplus of USD 1,652 million in September 2021
11/11/2021 FDI to Turkey in first nine months of 2021 is USD 9.8 billion
10/11/2021 Turkey’s official unemployment rate falls to 11.5% in September 2021
09/11/2021 Turkish Central Bank increases FX reserve requirements by further 200 basis points
05/11/2021 Turkish Treasury reports a cash deficit of USD 9.7 billion for first ten months of 2021
05/11/2021 Moody’s revises Turkey’s growth rate for 2021 up to 9.2%
03/11/2021 Turkey’s official annual inflation rate increases to 19.89% in October 2021
02/11/2021 Automotive car sales in Turkey fell 46.9% in October 2021
02/11/2021 Turkey’s Investment Office has published its November 2021 newsletter
01/11/2021 Turkey’s foreign trade deficit is USD 1.5 billion in October 2021 per preliminary calculations
01/11/2021 Turkey’s non-performing loans are USD 16.7 billion, 3.55% of total loans as of September 2021
28/10/2021 Turkish Central Bank’s gross reserves increase by 3% to USD 121.3 billion in September 2021
28/10/2021 Turkey’s tourism revenue increases 106.9% to USD 16.9 billion in first 9 months of 2021
28/10/2021 Foreigners visiting Turkey in first nine months of 2021 increase by 85.9%
28/10/2021 Turkish Central Bank raises its inflation forecast for 2021 yearend to 18.4%
27/10/2021 Turkey’s economic confidence index decreases 1% to 101.4 points in October 2021
27/10/2021 Turkey’s foreign trade deficit is USD 32.4 billion in first 9 months of 2021
22/10/2021 Number of companies opening in Turkey in September 2021 decreased by 5.9%
22/10/2021 S&P Global keeps Turkey’s credit rating unchanged with stable outlook
21/10/2021 Turkish Central Bank decreases its interest rate a further 200 basis points to 16%
21/10/2021 Turkey’s consumer confidence index decreases by 3.6% to 76.8 points in October 2021
20/10/2021 Turkey’s central administration gross debt stock is USD 245.3 billion in September 2021
15/10/2021 Turkey records a budget deficit of USD 2.7 billion in September 2021
13/10/2021 Property sales to foreign nationals in Turkey hit a new record of 6,630 units in September 2021
12/10/2021 IMF’s revises its forecast for Turkey’s economy growth in 2021 from 5.8% to 9%
12/10/2021 Turkey’s Industrial Production Index increases by 5.4% in August 2021 from previous month
11/10/2021 Turkey’s official unemployment rate increases slightly to 12.1% in August 2021
11/10/2021 Turkey’s current account records a surplus of USD 528 million in August 2021
11/10/2021 FDI to Turkey in first eight months of 2021 is USD 7.2 billion
11/10/2021 Turkey’s automotive car production falls by 34.4% in September 2021
07/10/2021 Turkish Treasury reports a cash deficit of USD 3.7 billion for September 2021
04/10/2021 Turkey’s official annual inflation rate increases to 19.58% in September 2021
04/10/2021 Turkey’s foreign trade deficit is USD 32.4 billion in first 9 months of 2021 per preliminary calculations
04/10/2021 Turkey’s Investment Office has published its October 2021 newsletter
04/10/2021 Automotive sales in Turkey fall 36.9% in September 2021
30/09/2021 Turkey’s foreign trade deficit is USD 4.3 billion in August 2021
30/09/2021 Turkey’s non-performing loans are USD 18 billion, 3.69% of total loans as of August 2021
30/09/2021 Turkey’s gross external debt stock is USD 446.4 billion as of end of second quarter of 2021
29/09/2021 Turkey’s economic confidence index increases 1.6% to 102.4 points in September 2021
28/09/2021 S&P Global expects Turkish bank’s NPL’s to exceed 10% by 2022
28/09/2021 Turkish Central Bank’s gross reserves increase by 11.3% to USD 117.8 billion in August 2021
27/09/2021 Fitch sees Turkish Central Bank’s interest rate decrease as premature
24/09/2021 Foreigners visiting Turkey in first eight months of 2021 increase by 93.9%
23/09/2021 Turkish Central Bank decreases its interest rate to 18%
22/09/2021 Turkey’s consumer confidence index increases by 1.8% to 79.7 points in September 2021
21/09/2021 OECD raises its 2021 growth forecast for Turkey to 8.4%
20/09/2021 Finnish Huhtamaki acquires Turkish Elif Holding
20/09/2021 Turkey’s central administration gross debt stock is USD 245.4 billion in August 2021
20/09/2021 Turkey’s net international investment position is minus USD 290 billion in July 2021
17/09/2021 Number of companies opening in Turkey in August 2021 decreased by 5.9%
17/09/2021 Turkey’s short-term external debt stock is USD 125.3 billion in July 2021
17/09/2021 Turkish Central Bank raises export / F/X earning services rediscount loan limit
17/09/2021 Istanbul rises 13 places to 61st place on the Global Financial Centres Index
16/09/2021 Fitch revises up to 9.2% its growth forecast for Turkey in 2021
16/09/2021 Turkey’s private sector foreign debt is USD 173.3 billion as of July 2021
15/09/2021 Turkey records a budget surplus of USD 4.9 billion in August 2021
15/09/2021 Turkish Central Bank raises FX reserve requirements by further 200 basis points
15/09/2021 Fitch sees continued resilience of Turkish banks
14/09/2021 Property sales to foreign nationals in Turkey is a record 5,866 units in August 2021
13/09/2021 Turkey’s Industrial Production Index decreases by 4.2% in July 2021 from previous month
13/09/2021 Turkey’s automotive exports surge by 92.7% in August 2021
13/09/2021 Turkey’s current account deficit falls to USD 683 million in July 2021
13/09/2021 FDI to Turkey in first seven months of 2021 is USD 5.8 billion
10/09/2021 Turkey’s official unemployment rate shoots back up to 12% in July 2021
07/09/2021 Turkish Treasury reports a cash surplus of USD 7.7 billion for August 2021
06/09/2021 Turkey’s Medium Term Economic Program is published
03/09/2021 Turkey’s official annual inflation rate increases to 19.25% in August 2021
02/09/2021 Turkey’s non-performing loans are USD 17.8 billion, 3.72% of total loans as of July 2021
02/09/2021 Automotive sales in Turkey were 24.3% higher in first eight months of 2021
02/09/2021 Turkey’s Investment Office has published its September 2021 newsletter
02/09/2021 Turkey’s foreign trade deficit is USD 4.3 billion in August 2021 per preliminary calculations
01/09/2021 Turkey’s economy grows 21.7% in the second quarter of 2021
01/09/2021 Moody’s revises Turkey’s growth rate for 2021 at 6%
31/08/2021 Turkey’s foreign trade deficit is USD 4.3 billion in July 2021
27/08/2021 Turkey’s economic confidence index increases 0.7% to 100.8 points in August 2021
27/08/2021 Turkish Central Bank’s gross reserves increase by 8.3% to USD 105.8 billion in July 2021
24/08/2021 Fitch sees increased financial pressure on Antalya and Muğla municipalities from wildfires
23/08/2021 Turkey’s consumer confidence index decreases by 1.6% to 78.2 points in August 2021
23/08/2021 Foreigners visiting Turkey in first seven months of 2021 increase by 85.4%
20/08/2021 Turkey’s central administration gross debt stock is USD 241.4 billion in July 2021
20/08/2021 Number of companies opening in Turkey in July 2021 decreased by 34%
19/08/2021 Turkish Central Bank revises calculation method of short-term external debt stock in June 2021
19/08/2021 Turkish Central Bank has revised its calculation method of net international investment position in June 2021
18/08/2021 Turkey’s private sector foreign debt is USD 174 billion as of June 2021
16/08/2021 Turkey records a budget deficit of USD 5.4 billion in July 2021
16/08/2021 Turkey’s automotive production falls 44.6% in July 2021
13/08/2021 FDI to Turkey in first half of 2021 is USD 4.4 billion
13/08/2021 Turkey’s current account deficit is USD 13.6 billion for the first half of 2021
13/08/2021 Property sales to foreign nationals increases to 4.2% of total sales in Turkey in July 2021
13/08/2021 Fitch keeps Turkey’s credit rating at “BB-“ with a stable outlook
12/08/2021 Turkey’s Industrial Production Index increased by 23.9% in June 2021 from same month of previous year
12/08/2021 Turkish Central Bank’s interest rate remains constant at 19%
10/08/2021 Turkey’s official unemployment rate plunges down to 10.6% in June 2021
07/08/2021 Turkish Treasury reports a cash deficit of USD 8.1 billion for July 2021
05/08/2021 Turkey’s non-performing loans are USD 17.2 billion, 3.67% of total loans as of June 2021
03/08/2021 Turkey’s official annual inflation rate increases to 18.95% in July 2021
03/08/2021 Automotive sales in Turkey 29.6% higher in first seven months of 2021
02/08/2021 Turkey's Investment Office has published its August 2021 newsletter
02/08/2021 Turkey’s foreign trade deficit is USD 4.3 billion in July 2021 per preliminary calculations
30/07/2021 Turkey’s tourism revenue in 2nd quarter of 2021 down 62.3% compared to 2019
30/07/2021 Foreigners visiting Turkey in first half of 2021 less 68.3% than in 2019
30/07/2021 Turkey’s foreign trade deficit is USD 21.2 billion in first half of 2021
29/07/2021 Turkey’s economic confidence index increases 2.3% to 100.1 points in July 2021
29/07/2021 Turkish Central Bank raises its inflation forecast for 2021 yearend to 14.1%
28/07/2021 Turkish Central Bank’s gross reserves increase by 6.1% to USD 97.7 billion in June 2021
28/07/2021 IMF revises its forecast for Turkey’s growth in 2021 from 6% to 5.8%
26/07/2021 Turkey’s central administration gross debt stock is USD 233.2 billion in June 2021
19/07/2021 Turkey’s consumer confidence index decreases by 2.7% to 79.5 points in July 2021
16/07/2021 Turkey’s net international investment position is minus USD 327 billion in May 2021
16/07/2021 Turkey’s short-term external debt stock is USD 144.9 billion in May 2021
16/07/2021 Number of companies opening in Turkey in first half of 2021 increased by 24.9%
16/07/2021 Turkey records a budget deficit of USD 2.9 billion in June 2021
14/07/2021 Turkish Central Bank’s interest rate remains unchanged at 19%
13/07/2021 Turkey’s private sector foreign debt is USD 175.6 billion as of May 2021
13/07/2021 Turkey’s Industrial Production Index increased by 40.7% in May 2021 from same month of previous year
12/07/2021 Turkey’s official unemployment rate decreases to 13.2% in May 2021
12/07/2021 Turkey’s car production falls 15.9% and commercial vehicle production surges 54.4% in June 2021
12/07/2021 Property sales to foreign nationals increases to 3.5% of total sales in Turkey in June 2021
09/07/2021 Turkey’s current account deficit is USD 3.1 billion for May 2021
09/07/2021 FDI to Turkey in first five months of 2021 is USD 3.4 billion
07/07/2021 Turkish Treasury reports a cash deficit of USD 4.8 billion for first half of 2021
05/07/2021 Turkey’s official annual inflation rate increases to 17.53% in June 2021
02/07/2021 Automotive sales in Turkey were 55.4% higher in first half of 2021
02/07/2021 Turkey's Investment Office has published its July 2021 newsletter
02/07/2021 Turkey’s foreign trade deficit is USD 21.2 billion in first half of 2021 per preliminary calculations
02/07/2021 Fortune 500 list (2020) has been published for Turkey
01/07/2021 Turkish Central Bank raises FX reserve requirements to bolster lira holdings
01/07/2021 BDDK announces changes to credit card payment instalments
01/07/2021 Turkey hikes electricity and natural gas prices
30/06/2021 Turkey’s gross external debt stock is USD 448.4 billion as of end of first quarter of 2021
30/06/2021 Turkey’s foreign trade deficit is USD 4.1 billion in May 2021
29/06/2021 Turkey’s economic confidence index increases 5.6% to 97.8 points in June 2021
29/06/2021 Turkey’s non-performing loans are USD 17.5 billion, 3.71% of total loans as of May 2021
28/06/2021 Turkish Central Bank’s gross reserves increase by 4.6% to USD 92 billion in May 2021
25/06/2021 Foreigners visiting Turkey in first five months of 2021 less 71.2% than in 2019
22/06/2021 Turkey’s consumer confidence index rebounds back by 5.8% to 81.7 points in June 2021
21/06/2021 Turkey’s net international investment position is minus USD 343.5 billion in April 2021
21/06/2021 Turkey’s central administration gross debt stock is USD 235.2 billion in May 2021
18/06/2021 Number of companies opening in Turkey in first five months of 2021 increased by 32.1%
18/06/2021 Turkey’s short-term external debt stock is USD 144.7 billion in April 2021
17/06/2021 Turkish Central Bank leaves its interest rate unchanged at 19%
17/06/2021 Turkey’s private sector foreign debt is USD 171.5 billion as of April 2021
15/06/2021 Turkey records a budget deficit of USD 1.6 billion in May 2021
14/06/2021 Turkey’s automotive production increases by 28.2% in first five months of 2021
14/06/2021 Property sales to foreign nationals fell to 3% of total sales in Turkey in May 2021
14/06/2021 FDI to Turkey in first four months of 2021 is USD 2.7 billion
14/06/2021 Turkey’s current account deficit is USD 1.7 billion for April 2021
11/06/2021 IMF Executive Board completes consultations for 2021 with Turkey
11/06/2021 Turkey’s Industrial Production Index increased by 66% in April 2021 from same month of previous year
10/06/2021 Turkey’s official unemployment rate rises to 13.9% in April 2021
07/06/2021 Turkish Treasury reports a cash deficit of USD 3.4 billion in May 2021
04/06/2021 Turkey’s non-performing loans are USD 18 billion, 3.75% of total loans as of April 2021
03/06/2021 Turkey’s official annual inflation rate decreases to 16.59% in May 2021
02/06/2021 Automotive sales in Turkey were 69.8% higher in May 2021
02/06/2021 Turkey’s foreign trade deficit is USD 4.1 billion in May 2021 per preliminary calculations
02/06/2021 Turkey extends tax cuts given as relief to businesses from Covid-19 pandemic
02/06/2021 Turkey's Investment Office has published its June 2021 newsletter
31/05/2021 Turkey’s economy grows 7% in the first quarter of 2021
28/05/2021 Turkey’s foreign trade deficit is USD 3.1 billion in April 2021
28/05/2021 Turkey’s economic confidence index decreases 1.3% to 92.6 points in May 2021
28/05/2021 Turkish Central Bank’s gross reserves increase by 1.5% to USD 88 billion in April 2021
26/05/2021 ISO publishes survey of Turkey’s Top 500 Industrial Enterprises for 2020
24/05/2021 Number of foreigners visiting Turkey falls 35.6% in first four months of 2021
21/05/2021 Turkey’s consumer confidence index falls further by 3.6% to 77.3 points in May 2021
21/05/2021 Number of companies opening in Turkey in first four months of 2021 increased by 32.3%
20/05/2021 Turkey’s net international investment position is minus USD 339.3 billion in March 2021
20/05/2021 Turkey’s central administration gross debt stock is USD 236.7 billion in April 2021
18/05/2021 Turkey’s short-term external debt stock is USD 140.8 billion in March 2021
17/05/2021 Turkey records a budget deficit of USD 2.1 billion in April 2021
17/05/2021 Turkey’s private sector foreign debt is USD 170.2 billion as of March 2021
12/05/2021 Property sales to foreign nationals were 4.3% of total sales in Turkey in April 2021
11/05/2021 Turkey’s current account deficit is USD 3.3 billion for March 2021
11/05/2021 FDI to Turkey in first quarter of 2021 is USD 2.1 billion
11/05/2021 Turkey’s Industrial Production Index increased by 16.6% in March 2021 from same month of previous year
10/05/2021 Turkey’s official unemployment rate is 13.1% in March 2021
10/05/2021 Turkey’s automotive production increases by 28.1% in first four months of 2021
07/05/2021 Turkish Treasury reports a cash deficit of USD 1.6 billion in April 2021
06/05/2021 Turkish Central Bank maintains its interest rate at 19%
04/05/2021 Turkey's Investment Office has published its May 2021 newsletter
04/05/2021 Automotive sales in Turkey were 132.4% higher in April 2021
03/05/2021 Turkey’s official annual inflation rate increases to 17.14% in April 2021
03/05/2021 Turkey’s foreign trade deficit is USD 3.1 billion in April 2021 per preliminary calculations
30/04/2021 Turkey’s non-performing loans are USD 18 billion, 3.81% of total loans as of March 2021
30/04/2021 Turkey’s foreign trade deficit is USD 4.7 billion in March 2021
30/04/2021 Turkey’s tourism revenue falls 40.2% to USD 2.5 billion in 1st quarter of 2021
29/04/2021 Number of foreigners visiting Turkey falls 53.9% in first quarter of 2021
29/04/2021 Turkey’s economic confidence index decreases 5.1% to 93.9 points in April 2021
29/04/2021 Turkish Central Bank raises its inflation forecast for 2021 to 12.2%
28/04/2021 Turkish Central Bank’s gross reserves fall by 9% to USD 86.7 billion in March 2021
27/04/2021 World Bank sees rise in poverty in Turkey to 12.2% in 2020
22/04/2021 Turkey’s consumer confidence index plummets 7.5% to 80.2 points in April 2021
22/04/2021 Corporation Tax for 2021 has been increased to 25% in Turkey
20/04/2021 Turkey’s central administration gross debt stock is USD 234.1 billion in March 2021
19/04/2021 Turkey’s net international investment position is minus USD 387.1 billion in February 2021
16/04/2021 Turkey’s short-term external debt stock is USD 141.2 billion in February 2021
16/04/2021 Number of companies opening in Turkey in first quarter of 2021 increased by 14.9%
15/04/2021 Property sales in Turkey increased by 2.4% in March 2021
15/04/2021 Turkey records a budget surplus of USD 2.9 billion in March 2021
15/04/2021 Turkish Central Bank keeps its interest rate unchanged at 19%
15/04/2021 Turkey’s private sector foreign debt is USD 174.3 billion as of February 2021
15/04/2021 TÜSİAD has published its Turkish Economy 2021 report
13/04/2021 Turkey’s Industrial Production Index increased by 0.1% in February 2021 from previous month
12/04/2021 Turkey’s automotive production increases by 19.4% in March 2021
12/04/2021 Turkey’s official unemployment rate jumps to 13.4% in February 2021
12/04/2021 Turkey’s current account deficit is USD 2.6 billion for February 2021
08/04/2021 Turkish Treasury reports a cash surplus of USD 4.9 billion in March 2021
07/04/2021 Turkey's Investment Office has published its April 2021 newsletter
07/04/2021 IMF reaffirms its forecast for Turkey’s growth in 2021 as 6%
05/04/2021 Turkey’s official annual inflation rate increases to 16.19% in March 2021
02/04/2021 Automotive sales in Turkey were 92.8% higher in March 2021
01/04/2021 Turkey extends cut in withholding tax on TL deposit accounts
01/04/2021 Turkey’s foreign trade deficit is USD 4.7 billion in March 2021 per preliminary calculations
31/03/2021 Turkey’s economic confidence index increases 3.3% to 98.9 points in March 2021
31/03/2021 Turkey’s foreign trade deficit is USD 3.3 billion in February 2021
31/03/2021 Turkey’s gross external debt stock is USD 450 billion as of 2020 yearend
29/03/2021 Turkey’s non-performing loans are USD 20.5 billion, 4% of total loans as of February 2021
29/03/2021 Turkish Central Bank’s gross reserves decreased by 0.4% to USD 95.3 billion in February 2021
25/03/2021 Moody’s sees increased risks as a result of sacking of governor of Turkish Central Bank
24/03/2021 Turkey’s consumer confidence index increases 2.5% to 86.7 points in March 2021
23/03/2021 S&P reports on the aftermath of sacking of the Turkish Central Bank’s governor
23/03/2021 Fitch sees change in Turkish Central Bank governor as damaging its monetary policy credibility
22/03/2021 Turkey’s central administration gross debt stock is USD 252 billion in February 2021
22/03/2021 The official annual unemployment rate for 2020 has been announced as 13.2%
22/03/2021 Number of foreigners visiting Turkey falls 69% in February 2021
19/03/2021 Number of companies opening in Turkey in February 2021 increased by 7.7%
19/03/2021 Turkish Central Bank raises swap rate to 19% in line with its new main policy rate
19/03/2021 Fitch sees added pressure on Turkish Banks' profitability from interest rate rise
19/03/2021 Fitch welcomes Turkey’s return to a more orthodox monetary policy approach
18/03/2021 Turkey’s net international investment position is minus USD 392.4 billion in January 2021
18/03/2021 Turkish Central Bank increases its interest rate by 200 basis points to 19%
17/03/2021 Fitch increases its growth forecast for Turkey to 6.7% in 2021
17/03/2021 Istanbul falls 10 places to 74th place on the Global Financial Centres Index
17/03/2021 Turkey’s short-term external debt stock is USD 140.3 billion in January 2021
16/03/2021 Turkey’s private sector foreign debt is USD 173.8 billion as of January 2021
15/03/2021 Turkey records a budget surplus of USD 3.1 billion in February 2021
15/03/2021 Property sales in Turkey fell by 31.6% in February 2021
15/03/2021 Turkey’s automotive exports decrease by 14.3% in February 2021
12/03/2021 Turkey’s Industrial Production Index increased by 1% in January 2021 from previous month
12/03/2021 Turkish President Erdoğan unveils economic reform package
11/03/2021 Turkey’s current account deficit is USD 1.9 billion for January 2021
10/03/2021 Turkey has changed its method for calculating unemployment
09/03/2021 OECD forecasts 5.9% growth for Turkey in 2021
05/03/2021 Turkish Treasury reports a cash deficit of USD 0.5 billion in February 2021
05/03/2021 Turkey's Investment Office has published its March 2021 newsletter
03/03/2021 Turkey’s annual inflation rate increases to 15.61% in February 2021
02/03/2021 Automotive sales in Turkey were 24.2% higher in February 2021
02/03/2021 Turkey’s foreign trade deficit is USD 3.4 billion in February 2021 per preliminary calculations
01/03/2021 Turkey’s economy grows 1.8% in 2020
01/03/2021 Turkey’s non-performing loans are USD 20.7 billion, 4.09% of total loans as of January 2021
26/02/2021 Turkish Central Bank’s gross reserves increased by 2.6% to USD 95.7 billion in January 2021
26/02/2021 Turkey’s foreign trade deficit is USD 3 billion in January 2021
25/02/2021 Turkey’s economic confidence index decreases 0.5% to 95.8 points in February 2021
24/02/2021 IMF revises its forecast for Turkey’s growth in 2021 from 5% to 6%
24/02/2021 Turkish Central Bank increases reserve requirements
24/02/2021 Moody’s increases its forecast of Turkey’s 2021 growth to 4%
22/02/2021 Turkey’s central administration gross debt stock is USD 250.7 billion in January 2021
22/02/2021 Number of foreigners visiting Turkey falls 71.5% in January 2021
19/02/2021 Number of companies opening in Turkey in January 2021 increased by 8.1%
19/02/2021 Turkey’s net international investment position is minus USD 402.9 billion as of 2020 yearend
19/02/2021 Fitch affirms Turkey’s credit rating at “BB-“, but revises outlook to stable
18/02/2021 Turkey’s short-term external debt stock is USD 138.7 billion as of 2020 yearend
18/02/2021 Turkey’s consumer confidence index increases 1.5% to 84.5 points in February 2021
18/02/2021 Turkish Central Bank kept its interest rate unchanged at 17%
17/02/2021 Turkey’s private sector foreign debt is USD 173.3 billion as of 2020 yearend
15/02/2021 Property sales in Turkey fell by 37.9% in January 2021
15/02/2021 Turkey records a budget deficit of USD 3.3 billion in January 2021
15/02/2021 Turkey’s automotive exports decrease by 13.8% in January 2021
12/02/2021 Foreign Direct Investment inflow to Turkey was USD 7.7 billion in 2020
12/02/2021 Turkey’s Industrial Production Index increased by 1.3% in December 2020 from previous month
12/02/2021 Turkey’s current account deficit is USD 36.7 billion for 2020
10/02/2021 Turkey’s official unemployment rate increases slightly to 12.9% in November 2020
05/02/2021 Turkey's Investment Office has published its February 2021 newsletter
05/02/2021 Turkish Treasury reports a cash deficit of USD 3.6 billion in January 2021
04/02/2021 Turkey’s population announced as 83,614,362 as of 31.12.2020
03/02/2021 Turkey’s annual inflation rate moves up to 14.97% in January 2021
02/02/2021 Turkey’s foreign trade deficit is USD 3.1 billion in January 2021 per preliminary calculations
02/02/2021 Fitch says Turkey’s efforts to improve policy credibility will take time
02/02/2021 Automotive sales in Turkey were 60.3% higher in January 2021
02/02/2021 Turkish Central Bank sends letter of intent to the Government
01/02/2021 Wave of tax increases have been introduced in January 2021
01/02/2021 Turkey’s non-performing loans are USD 19.3 billion, 3.98% of total loans as of 2020 yearend
01/02/2021 Number of foreigners visiting Turkey falls 71.7% in 2020
29/01/2021 Turkey’s tourism revenue falls 65.1% to USD 12.1 billion in 2020
29/01/2021 Turkey’s foreign trade deficit is USD 49.9 billion in 2020
28/01/2021 Turkey revises its economic confidence index calculation method once again
28/01/2021 Turkish Central Bank’s gross reserves increased by 12.8% to USD 93.3 billion in December 2020
28/01/2021 Turkish Central Bank keeps its inflation forecast for 2021 unchanged at 9.4%
26/01/2021 IMF’s forecast for Turkey’s economy growth in 2021 increases to 6%
22/01/2021 S&P affirms Turkey’s foreign & local currency credit ratings with stable outlook
22/01/2021 Number of companies opening in Turkey in 2020 increased by 20.5%
21/01/2021 Turkey’s consumer confidence index increases 4% to 83.3 points in January 2021
21/01/2021 Turkish Central Bank keeps its interest rate unchanged at 17%
20/01/2021 Turkey’s central administration gross debt stock is USD 243.9 billion in December 2020
18/01/2021 Turkey’s net international investment position is minus USD 385.9 billion as of November 2020
17/01/2021 Turkey’s automotive production decreases by 11.2% in the year 2020
15/01/2021 Turkey’s short-term external debt stock is USD 134.6 billion as of November 2020
15/01/2021 Turkey records a budget deficit of USD 24.7 billion for 2020
14/01/2021 Turkey’s private sector foreign debt is USD 169.5 billion as of November 2020
14/01/2021 Property sales in Turkey increase by 11.2% in 2020
13/01/2021 Turkey’s Industrial Production Index increased by 1.3% in November 2020 from previous month
11/01/2021 Turkey’s official unemployment rate remains at 12.7% in October 2020
11/01/2021 Turkey’s current account deficit is USD 4.1 billion for November 2020
08/01/2021 Turkish Treasury reports a cash deficit of USD 6.3 billion in December 2020
07/01/2021 Automotive sales in Turkey were 61.3% higher in 2020
06/01/2021 Turkish M&A market makes a surprising recovery in 2020
06/01/2021 EY discloses M&A transactions in 2020 in Turkey at USD 9 billion
05/01/2021 Turkey's Investment Office has published its January 2021 newsletter
05/01/2021 Turkey’s foreign trade deficit is USD 4.6 billion in December 2020 per preliminary calculations
04/01/2021 Turkey’s annual inflation rate increases to 14.60% in December 2020
31/12/2020 Turkey’s foreign trade deficit is USD 5 billion in November 2020
31/12/2020 Turkey’s gross external debt stock is USD 435.1 billion as of end of third quarter of 2020
29/12/2020 Turkey’s non-performing loans are USD 19.3 billion, 3.98% of total loans as of November 2020
29/12/2020 Turkey’s economic confidence index decreases a further 3.5% in December 2020
28/12/2020 Turkish Central Bank’s gross reserves decreased by 2.2% to USD 82.7 billion in November 2020
28/12/2020 Turkey’s net minimum wage has been raised 21.56% to TL 2,825.90 (USD 380) as of 01.01.2021
25/12/2020 Turkish Central Bank raises swap rate to 17% in line with its new main policy rate
25/12/2020 Number of foreigners visiting Turkey falls 72% in first 11 months of 2020
24/12/2020 Turkish Central Bank raises its interest rate by 200 basis points to 17%
23/12/2020 Turkey extends tax cuts given as relief to businesses from coronavirus pandemic
22/12/2020 Fitch sees Turkish Banks' Asset Quality weakening in 2021
22/12/2020 Turkey’s central administration gross debt stock is USD 240.3 billion in November 2020
21/12/2020 Turkey’s consumer confidence index remains at 80.1 points in December 2020
20/12/2020 Turkey’s 2021 budget is ratified by parliament
18/12/2020 Turkey’s net international investment position is minus USD 351.2 billion as of October 2020
18/12/2020 Number of companies closing in Turkey in first 11 months of 2020 increased by 11%
17/12/2020 Turkey’s short-term external debt stock is USD 132.8 billion as of October 2020
16/12/2020 Turkey’s private sector foreign debt is USD 169 billion as of October 2020
15/12/2020 Property sales in Turkey fall by 18.7% in November 2020
15/12/2020 Turkey records a budget surplus of USD 1.7 billion in November 2020
14/12/2020 Turkey’s Industrial Production Index increased by 1.1% in October 2020 from previous month
14/12/2020 Turkey’s automotive production decreases by 13.4% in first 11 months of 2020
11/12/2020 Turkey’s current account deficit is USD 31.1 billion for first 10 months of 2020
10/12/2020 Fitch warns that Turkish banks face a challenging operating environment in 2021
10/12/2020 Turkish finance minister provides parliament with details of problem loans
10/12/2020 Turkey’s official unemployment rate decreased to 12.7% in September 2020
07/12/2020 Turkish Treasury reports a cash surplus of USD 1.6 billion in November 2020
07/12/2020 Fitch expects Turkish banks’ provisions to be adequate to absorb expected losses
03/12/2020 Turkey’s annual inflation rate surges to 14.03% in November 2020
03/12/2020 Turkey's Investment Office has published its December 2020 newsletter
02/12/2020 Automotive sales in Turkey are 72% higher in first 11 months of 2020
02/12/2020 Turkey’s foreign trade deficit is USD 5.1 billion in November 2020 per preliminary calculations
01/12/2020 Work permits were granted in Turkey to 145,232 foreigners in 2019
30/11/2020 BDDK eases foreign financial institutions access to Turkish lira
30/11/2020 Turkey’s foreign trade deficit is USD 2.4 billion in October 2020
30/11/2020 Turkey’s economy grew 6.7% in the thırd quarter of 2020
30/11/2020 Turkey’s non-performing loans are USD 18.3 billion, 3.98% of total loans as of October 2020
30/11/2020 Moody’s sees difficult operational environment for Turkish banks in 2021
28/11/2020 Turkish Central Bank publishes its Financial Stability Report (Nov.2020)
28/11/2020 Turkey’s increase in tax, penalty and other charges is 9.11% as of beginning of 2021
27/11/2020 Turkish Central Bank’s gross reserves increased by 6% to USD 84.5 billion in October 2020
27/11/2020 Turkish Central Bank has revised its reserve requirements
27/11/2020 Turkey’s economic confidence index decreases 3.5% in November 2020
26/11/2020 Turkish Central Bank increases swap limit to 60%
24/11/2020 Fitch notes Turkish banks are more reliant on CBRT for F/X liquidity
24/11/2020 BDDK to discontinue implementation of asset ratio requirement for banks
23/11/2020 Number of foreigners visiting Turkey falls 72.5% in first 10 months of 2020
20/11/2020 Fitch says return to credible monetary policy for Turkey will take time
20/11/2020 Number of companies opening in Turkey in first 10 months of 2020 increased by 22.8%
20/11/2020 Turkey’s central administration gross debt stock is USD 232.8 billion in October 2020
20/11/2020 TurkStat announces Turkey’s consumer confidence index as 80.1 points in November 2020
20/11/2020 Turkish Central Bank raises swap rate to 15% in line with its new main policy rate
19/11/2020 Turkish Central Bank hikes its interest rate by 475 basis points to 15%
18/11/2020 Turkey’s net international investment position is minus USD 368.5 billion as of September 2020
17/11/2020 Turkey’s short-term external debt stock is USD 134 billion as of September 2020
17/11/2020 S&P sees Turkey’s NPL bank loans reaching 11% by 2021 yearend
16/11/2020 Property sales in Turkey fall by 16.3% in October 2020
16/11/2020 Turkey’s automotive exports decrease by 30.2% in first 10 months of 2020
16/11/2020 Turkey records a budget deficit of USD 21.2 billion for the first 10 months of 2020
16/11/2020 Turkey’s private sector foreign debt is USD 169.9 billion as of September 2020
13/11/2020 Turkey’s Industrial Production Index increased by 1.7% in September 2020 from previous month
11/11/2020 Turkey’s current account deficit is USD 28 billion for first 9 months of 2020
10/11/2020 Fitch sees positive impact of change in Turkey’s top finance jobs
10/11/2020 Turkey’s official unemployment rate is 13.2% in August 2020
06/11/2020 Turkish Treasury reports a cash deficit of USD 21.4 billion in first 10 months of 2020
06/11/2020 Fitch sees Turkey’s recent efforts to tighten monetary policy as inadequate
03/11/2020 Automotive sales in Turkey are 78.1% higher in first 10 months of 2020
03/11/2020 Turkey’s annual inflation rate rises slightly to 11.89% in October 2020
03/11/2020 Turkish Central Bank raises swap rate to further tighten liquidity
03/11/2020 Turkey's Investment Office has published its November 2020 newsletter
02/11/2020 Turkey’s foreign trade deficit is USD 40.3 billion in first 10 months of 2020 per preliminary calculations
02/11/2020 Turkish Central Bank decides to cut to zero borrowing limits of lenders
30/10/2020 Turkey’s foreign trade deficit is USD 4.8 billion in September 2020
30/10/2020 Number of foreigners visiting Turkey falls 74% in first 9 months of 2020
30/10/2020 Turkey’s tourism revenue falls 71.2% to USD 4 billion in 3rd quarter of 2020
30/10/2020 Turkey’s non-performing loans are USD 19.5 billion, 4.07% of total loans as of September 2020
28/10/2020 Turkey’s economic confidence index increases 4.8% in October 2020
28/10/2020 Turkish Central Bank raises its inflation forecast for 2020 up to 12.1%
27/10/2020 Turkish Central Bank’s gross reserves fall by a further 4.9% to USD 79.7 billion in September 2020
26/10/2020 BDDK revises method for calculating asset ratio for banks
23/10/2020 Number of companies opening in Turkey in first 9 months of 2020 increased by 22.8%
22/10/2020 Turkish Central Bank keeps its interest rate unchanged at 10.25%
22/10/2020 TurkStat announces Turkey’s consumer confidence index as 81.9 points in October 2020
20/10/2020 Turkey’s central administration gross debt stock is USD 240.4 billion in September 2020
19/10/2020 Turkey’s net international investment position is minus USD 364.8 billion as of August 2020
16/10/2020 Turkey’s short-term external debt stock is USD 132.8 billion as of August 2020
15/10/2020 Turkey’s private sector foreign debt is USD 170.7 billion as of August 2020
15/10/2020 Property sales to foreigners in Turkey surge to 5,289 units, 3.9% of total sales, in September 2020
15/10/2020 Turkey records a budget deficit of USD 20.9 billion for the first 9 months of 2020
13/10/2020 Turkey’s Industrial Production Index increased by 3.4% in August 2020 from previous month
13/10/2020 IMF’s forecast for Turkey’s economy contraction in 2020 remains at 5%
12/10/2020 Turkey’s automotive production decreased by 19.2% in first 9 months of 2020
12/10/2020 Turkish Central Bank raises interest rate on TL reserve requirement
12/10/2020 Turkey’s current account deficit is USD 4.6 billion in August 2020
12/10/2020 Turkey’s official unemployment rate remains at 13.4% in July 2020
09/10/2020 Turkish Central Bank raises swap rate to 11.75%
08/10/2020 Turkey's Investment Office has published its October 2020 newsletter
07/10/2020 Turkish Treasury reported a cash deficit of USD 4 billion in September 2020
05/10/2020 Turkey’s annual inflation rate remains stable at 11.75% in September 2020
02/10/2020 Automotive sales in Turkey are 75.5% higher in first 9 months of 2020
02/10/2020 Turkey’s foreign trade deficit is USD 37.9 billion in first 9 months of 2020 per preliminary calculations
30/09/2020 Turkey’s gross external debt stock is USD 421.8 billion as of end of second quarter of 2020
30/09/2020 Turkey cuts F/X purchase tax and withholding tax on TL deposit accounts
30/09/2020 Turkey’s foreign trade deficit is USD 6.3 billion in August 2020
29/09/2020 Turkey’s New Economic Program for 2021-2023 announced
29/09/2020 Turkey’s economic confidence index increases 3.1% in September 2020
29/09/2020 Turkey’s non-performing loans are USD 20.6 billion, 4.15% of total loans as of August 2020
28/09/2020 Turkish Central Bank’s gross reserves fall by 7.2% to USD 83.8 billion in August 2020
28/09/2020 BDDK lowers asset ratio for banks
25/09/2020 BDDK raises banks' forex transaction limits
25/09/2020 Number of foreigners visiting Turkey falls 71.2% in August 2020
25/09/2020 Istanbul moves up 15 places to 64th place on the Global Financial Centres Index
24/09/2020 Turkish Central Bank unexpectedly raises interest rate 200 basis points to 10.25%
22/09/2020 Turkey’s central administration gross debt stock is USD 247 billion in August 2020
22/09/2020 TurkStat changes Turkey’s consumer confidence calculation method in September 2020
21/09/2020 Moody’s claims that Turkey’s external position is now at high risk
18/09/2020 Turkey’s net international investment position is minus USD 378.9 billion as of July 2020
18/09/2020 Number of companies opening in Turkey in first 8 months of 2020 increased by 20.7%
17/09/2020 Turkey’s short-term external debt stock is USD 128.4 billion as of July 2020
16/09/2020 Turkey’s private sector foreign debt is USD 170.7 billion as of July 2020
16/09/2020 OECD revises Turkey’s GDP contraction in 2020 to 2.9%
15/09/2020 Turkey records a budget surplus of USD 3.8 billion for August 2020
15/09/2020 Property sales in Turkey increase by 54.2% to 170,408 units in August 2020
14/09/2020 Turkey’s Industrial Production Index increased by 8.4% in July 2020 from previous month
14/09/2020 Turkey’s automotive production increase by 44.3% in August 2020
11/09/2020 Turkey’s current account deficit is USD 1.8 billion in July 2020
11/09/2020 Moody’s has downgraded Turkey’s rating to B2 with negative outlook
11/09/2020 Moody’s publishes its Credit Opinion update on Turkey’s downgraded rating
10/09/2020 Turkey’s official unemployment rate increases to 13.4% in June 2020
09/09/2020 Fitch sees increased risk to Turkish banks’ asset quality as a result of coronavirus pandemic
07/09/2020 Turkish Treasury reported a cash surplus of USD 4.1 billion in August 2020
03/09/2020 Turkey's Investment Office has published its September 2020 newsletter
03/09/2020 Turkey’s annual inflation rate remains stable at 11.77% in August 2020
02/09/2020 Automotive sales in Turkey are higher by 134.4% in August 2020
02/09/2020 Turkey’s foreign trade deficit is USD 6.3 billion in August 2020 per preliminary calculations
01/09/2020 Turkey’s non-performing loans are USD 21.7 billion, 4.26% of total loans as of July 2020
31/08/2020 Turkey’s economy contracted 9.9% in the second quarter of 2020
31/08/2020 Turkey’s foreign trade deficit is USD 2.7 billion in July 2020
30/08/2020 Turkey increases Special Consumption Tax on cars
28/08/2020 Turkish Central Bank’s gross reserves increase by 4.5% to USD 90.3 billion in July 2020
28/08/2020 Turkey’s economic confidence index increases 4.4% in August 2020
25/08/2020 Number of foreigners visiting Turkey falls 85.9% in July 2020
22/08/2020 Turkey’s automotive exports 33.3% lower in July 2020
21/08/2020 Turkish Central Bank in effect raises its one week repo interest rate to 9.75%
21/08/2020 Fitch revises Turkey’s credit rating to negative outlook
21/08/2020 Number of companies closing in Turkey increased 34.5% in July 2020
21/08/2020 Turkey’s central administration gross debt stock is USD 248 billion in July 2020
21/08/2020 Turkey’s consumer confidence index decreases 2.2% to 59.6 points in August 2020
21/08/2020 Turkey’s external assets are USD 227.3 billion as of June 2020
20/08/2020 Turkish Central Bank raises F/X reserve requirement by 200 basis points
20/08/2020 Turkish Central Bank keeps its interest rate unchanged at 8.25% for third month in a row
20/08/2020 Turkey’s short-term external debt stock is USD 124 billion as of June 2020
19/08/2020 Turkey’s private sector foreign debt is USD 170.1 billion as of June 2020
18/08/2020 Turkish Central Bank to halve overnight borrowing limits
17/08/2020 Property sales in Turkey shoot up 124.3% to 229,357 units in July 2020
17/08/2020 Turkey records a budget deficit of USD 4.3 billion for July 2020
14/08/2020 Turkey’s Industrial Production index recovers further by 17.6% in June 2020 from previous month
14/08/2020 Turkey’s current account deficit is USD 19.8 billion for first half of 2020
12/08/2020 Turkish Central Bank negates open market liquidity limits
11/08/2020 World Bank has published its economic update report for Turkey
10/08/2020 Turkey’s official unemployment rate increases marginally to 12.9% in May 2020
10/08/2020 Turkish Treasury reported a cash deficit of USD 4.4 billion in July 2020
10/08/2020 BDDK lowers relaxes loan-to-assets ratio
07/08/2020 Turkish Central Bank halves open market liquidity limits
07/08/2020 Reuters reports on Ratings Agencies’ warnings on risks facing Turkish Lira
07/08/2020 Turkey's Investment Office has published its August 2020 newsletter
06/08/2020 BDDK provides flexibility to foreign banks for swaps and TL liquidity
05/08/2020 IMF assesses monetary risks faced by the Turkish economy
05/08/2020 Automotive sales in Turkey swells by 387.5% in July 2020
04/08/2020 Turkey’s annual inflation rate falls back to 11.76% in July 2020
03/08/2020 Turkey’s foreign trade deficit is USD 2,7 billion in July 2020 per preliminary calculations
31/07/2020 Turkey cuts taxes to give relief to businesses from coronavirus pandemic
30/07/2020 Turkey’s economic confidence index rises a further 11.8% in July 2020
30/07/2020 Turkey’s non-performing loans are USD 22 billion, 4.43% of total loans as of June 2020
29/07/2020 Turkish Central Bank raises inflation forecast for 2020 up to 8.9%
29/07/2020 Turkey’s foreign trade deficit is up 73.2% at USD 23.9 billion in first half of 2020
28/07/2020 Turkish Central Bank’s gross reserves fall 5% to USD 86.3 billion in June 2020
27/07/2020 Turkstat decides not to publish tourism data relating to the second quarter of 2020
25/07/2020 Number of foreigners visiting Turkey falls 75.1% in first half of 2020
23/07/2020 Turkish Central Bank keeps its interest rate unchanged at 8.25% for second month in a row
23/07/2020 Turkey’s consumer confidence index decreases 2.7% to 60.9 points in July 2020
21/07/2020 Turkey’s external assets are USD 227.3 billion as of May 2020
20/07/2020 Turkey’s central administration gross debt stock is USD 239.6 billion in June 2020
20/07/2020 Turkey’s short-term external debt stock is USD 123.5 billion as of May 2020
18/07/2020 Turkish Central Bank increases F/X reserve requirement ratios by 300 basis points
17/07/2020 Turkey’s private sector foreign debt is USD 169.9 billion as of May 2020
17/07/2020 Number of companies opening in Turkey increased 9.5% in the first half of 2020
16/07/2020 Turkey records a budget deficit of USD 16.9 billion for the first half of 2020
14/07/2020 Property sales in Turkey climb 209.7% to 190.012 units in June 2020
14/07/2020 Istanbul Chamber of Industry publishes survey of Turkey’s Top 500 Industrial Enterprises
13/07/2020 Turkey’s current account deficit is USD 3.8 billion for May 2020
13/07/2020 Turkey’s Industrial Production index recovers 17.4% in May 2020 from previous month
13/07/2020 Turkey’s automotive production recovers to pre-pandemic levels in June 2020
10/07/2020 Turkey’s official unemployment rate moves further down to 12.8% in April 2020
07/07/2020 Turkish Central Bank lowers interest rate for reserve requirement
07/07/2020 Turkish Treasury reported a cash deficit of USD 3.9 billion in June 2020
07/07/2020 Turkey's Investment Office has published its July 2020 newsletter
03/07/2020 Automotive sales in Turkey surge by 66.3% in June 2020
03/07/2020 Fitch sees greater risk to Turkey’s F/X stability due to low level of reserves
03/07/2020 Turkey’s annual inflation rate rises to 12.62% in June 2020
02/07/2020 Turkey’s foreign trade activity recovers in June 2020 per preliminary calculations
01/07/2020 Fortune 500 list (2019) has been published for Turkey
30/06/2020 Turkey suspends custom duties on some imported products
30/06/2020 Turkey’s gross external debt stock is USD 431 billion as of end of first quarter of 2020
30/06/2020 Turkey’s foreign trade deficit reaches USD 21 billion for first five months of 2020
29/06/2020 Turkey’s economic confidence index rallies further by 19.1% in June 2020
29/06/2020 Turkey’s non-performing loans are USD 22.1 billion, 4.55% of total loans as of May 2020
28/06/2020 Turkey increases custom duties by up to 20% on 400 products
26/06/2020 Turkish Central Bank’s gross reserves increase 5.3% to USD 90.9 billion in May 2020
25/06/2020 Turkish Central Bank keeps its interest rate unchanged at 8.25%
24/06/2020 IMF keeps its forecast for Turkey’s economy contraction in 2020 at 5%
23/06/2020 S&P expects Turkey’s problematic loans to exceed 20% in 2021
22/06/2020 Turkey’s consumer confidence index increases further by 5.2% to 62.6 points in June 2020
22/06/2020 Number of foreigners visiting Turkey in May 2020 remain at a trickle
22/06/2020 Turkey’s central administration gross debt stock is USD 239.9 billion in May 2020
20/06/2020 Turkish Central Bank relaxes reserve requirement for bank loan growth
19/06/2020 Turkey’s external assets are USD 225.8 billion as of April 2020
19/06/2020 Number of companies opening in Turkey drops 48.5% in May 2020
18/06/2020 Turkey’s short-term external debt stock is USD 115.2 billion as of April 2020
17/06/2020 Turkey’s private sector foreign debt is USD 181.8 billion as of April 2020
15/06/2020 Turkey records a budget deficit of USD 2.5 billion for May 2020
15/06/2020 Property sales in Turkey dropped by 44.6% in May 2020
12/06/2020 Turkey’s Industrial Production index crashes 30.4% in April 2020 from previous month
12/06/2020 Turkey’s current account deficit is USD 5.1 billion for April 2020
11/06/2020 OECD forecasts 4.8% GDP contraction for Turkey in 2020 if no second virus wave
10/06/2020 Turkey’s official unemployment rate moves down to 13.2% in March 2020
09/06/2020 Turkey’s automotive production lower by 53.7% in May 2020 due to coronavirus pandemic
09/06/2020 Turkey's Investment Office has published its June 2020 newsletter
05/06/2020 Turkish Treasury reported a cash deficit of USD 1.4 billion in May 2020
04/06/2020 Turkey’s non-performing loans are USD 21.7 billion, 4.65% of total loans as of April 2020
03/06/2020 Turkey’s annual inflation rate moves up to 11.39% in May 2020
02/06/2020 Turkey’s exports fall 40.9% in May 2020 due to coronavirus per preliminary calculations
02/06/2020 Automotive sales in Turkey in May 2020 fall 2.4% due to continuing coronavirus ordeal
01/06/2020 Turkish Central Bank issues press release on Monetary Policy Committee Meeting of 21.05.2020
01/06/2020 Zynga to buy Turkish mobile gaming company Peak for USD 1.8 billion
01/06/2020 Turkey’s top 3 state banks offer loan packages to boost demand as lockdown is lifted
29/05/2020 Turkey’s economy recorded a growth of 4.5% in the first quarter of 2020
29/05/2020 Turkey’s exports fall 41.4% in April 2020 due to impact of coronavirus
29/05/2020 Turkey’s banking watchdog puts pressure on banks to toe the line
28/05/2020 Fitch answers questions on Turkey’ potential balance of payments crisis
28/05/2020 Turkish Central Bank’s gross reserves fall a further 6.3% to USD 86.3 billion in April 2020
28/05/2020 Turkey’s economic confidence index rallies by 20.4% in May 2020
26/05/2020 Fitch revises Turkey’s 2020 growth contraction to 3%
24/05/2020 Turkey’s tax rise on F/X and gold purchases & banks’ commercial paper
22/05/2020 Coronavirus pandemic brings to a standstill number of foreigners visiting Turkey in April 2020
22/05/2020 Turkish Central Bank increases swap limit to 50%
22/05/2020 Number of companies opening in Turkey drops 58% in April 2020
21/05/2020 Turkish Central Bank reduces interest rate by 50 basis points to 8.25%
21/05/2020 Turkey's Investment Office has published its May 2020 newsletter
20/05/2020 Turkey’s short-term external debt stock is USD 118.7 billion as of March 2020
20/05/2020 Turkey’s external assets are USD 233.8 billion as of March 2020
20/05/2020 Turkey’s central administration gross debt stock is USD 225.8 billion in April 2020
20/05/2020 Fitch Revises Outlook on 9 Turkish Foreign-Owned Banks to Negative
20/05/2020 Turkey’s consumer confidence index increases 8.5% to 59.5 points in May 2020
18/05/2020 Turkey’s private sector foreign debt is USD 185.5 billion as of March 2020
16/05/2020 The Economist examines Turkey’s unique monetary policy strategy
16/05/2020 Fitch does not see a funding crisis for Turkey as a result of coronavirus
15/05/2020 Property sales in Turkey plunged by 55.5% in April 2020
15/05/2020 Turkey records a budget deficit of USD 6.2 billion for April 2020
14/05/2020 Turkey’s Industrial Production index plummets 7.1% in March 2020 from previous month
13/05/2020 Turkey’s current account deficit is USD 4.9 billion for March 2020
12/05/2020 Turkey increases customs duties by up to 30% on imports
11/05/2020 Turkey’s unemployment rate decreases marginally to 13.6% in February 2020
11/05/2020 Turkey’s automotive production slumps 91.3% in April 2020 due to coronavirus pandemic
08/05/2020 Turkish Treasury reported a cash deficit of USD 6.6 billion in April 2020
07/05/2020 Turkey’s banking watchdog takes unprecedented steps to prevent manipulation in financial markets
07/05/2020 S&P affirms Turkey’s F/X and Local Currency ratings with stable outlook
06/05/2020 EU Commission forecasts Turkey’s economy to contract 5.4% in 2020
06/05/2020 Automotive sales in Turkey in April 2020 fall 14.6% due to coronavirus pandemic
05/05/2020 Turkish Central Bank increases swap limit to 40%
04/05/2020 Turkey’s annual inflation rate falls to 10.94% in April 2020
04/05/2020 Turkey’s foreign trade activity falls 34.3% in April 2020 due to coronavirus per preliminary calculations
30/04/2020 Turkish Central Bank cuts inflation forecast for 2020 down to 7.4%
30/04/2020 Coronavirus pandemic causes drop of 67.8% in foreigners visiting Turkey in March 2020
30/04/2020 Turkey’s non-performing loans are USD 23.1 billion, 4.97% of total loans as of March 2020
30/04/2020 Falling exports results in USD 5,391 million deficit in Turkey’s foreign trade in March 2020
30/04/2020 Turkey’s tourism revenue falls 11.4% to USD 4.1 billion in 1st quarter of 2020
29/04/2020 Turkey’s economic confidence index collapses by 44.1% in April 2020
28/04/2020 Turkish Central Bank’s gross reserves fall 14.5% to USD 92.1 billion in March 2020
23/04/2020 Fitch sees new asset ratio requirement for Turkish banks as untimely
22/04/2020 Turkey’s consumer confidence index falls 5.8% to 54.9 points in April 2020
22/04/2020 Turkish Central Bank reduces interest rate by 100 basis points to 8.75%
20/04/2020 Turkey’s central administration gross debt stock is USD 222.5 billion in March 2020
20/04/2020 Turkey’s external assets reached USD 251.4 billion as of February 2020
19/04/2020 Turkey's banking watchdog announces new asset ratio to boost lending
17/04/2020 Turkey’s short-term external debt stock is USD 122.5 billion as of February 2020
17/04/2020 Number of companies opening in Turkey increases 26.7% in the first quarter of 2020
17/04/2020 Turkish Central Bank introduces further measures to combat impacts of coronavirus
16/04/2020 Turkey’s private sector foreign debt is USD 185.5 billion as of February 2020
15/04/2020 Turkey records a budget deficit of USD 6.7 billion for March 2020
15/04/2020 Property sales in Turkey increase by 3.4% in March 2020
13/04/2020 Turkey’s current account deficit is USD 1.2 billion for February 2020
13/04/2020 Turkey’s Industrial Production index increases by 1.2% in February 2020
13/04/2020 Coronavirus strikes a deep blow to Turkey’s automotive industry in March 2020
12/04/2020 BDDK cuts banks' forex transaction limits
10/04/2020 Turkey’s unemployment rate increases marginally to 13.8% in January 2020
09/04/2020 World Bank revises its 2020 growth forecast for Turkey down to 0.5%
07/04/2020 Turkish Treasury reported a cash deficit of USD 6.2 billion in March 2020
06/04/2020 Fitch still expects Turkey’s economy to grow 0.8% in 2020
03/04/2020 Turkey’s annual inflation rate moves back down to 11.86% in March 2020
03/04/2020 Turkey's Investment Office has published its April 2020 newsletter
02/04/2020 Automotive sales in Turkey in March 2020 fall back to a small increase of 1.6%
02/04/2020 Coronavirus pandemic causes Turkey’s exports to fall 17.8% in March 2020 per preliminary calculations
31/03/2020 Turkey’s gross external debt stock is USD 436.9 billion as of yearend 2019
31/03/2020 Turkey’s foreign trade deficit for February 2019 rises 72% to USD 3 billion
31/03/2020 Turkish Central Bank introduces additional measures to increase liquidity in face of coronavirus
30/03/2020 Turkey’s non-performing loans are USD 24.5 billion, 5.22% of total loans as of February 2020
27/03/2020 Turkey’s economic confidence index falls 5.9% in March 2020
27/03/2020 Turkish Central Bank’s gross reserves increase 5.1% to USD 107.7 billion in February 2020
26/03/2020 Istanbul plunges 26 places to 79th place on the Global Financial Centres Index
25/03/2020 Fitch cites deteriorating funding conditions as risk to Turkey’s credit profile
25/03/2020 Moody’s expects Turkey’s economy to be hit the hardest from coronavirus
23/03/2020 Foreigners visiting Turkey increased by 3.8% in February 2020
23/03/2020 Turkey’s private sector foreign debt is USD 198.2 billion as of January 2020
23/03/2020 Turkey’s consumer confidence index increases 1.7% to 58.2 points in March 2020
20/03/2020 The annual unemployment rate for 2019 has been announced as 13.7%
20/03/2020 Turkey’s central administration gross debt stock is USD 226.2 billion in February 2020
20/03/2020 Number of companies opening in Turkey increases 36.8% in February 2020
19/03/2020 Fitch raises its forecast for Turkey’s GDP growth for 2020 to 3.7%
17/03/2020 Turkish Central Bank reduces interest rate by 100 basis points to 9.75%
17/03/2020 Turkish Central Bank eases access to liquidity to help economy in pandemic crisis
17/03/2020 Turkey’s short-term external debt stock is USD 123.6 billion as of January 2020
17/03/2020 Turkey’s external assets reached USD 250.2 billion as of January 2020
16/03/2020 Property sales in Turkey rise by 51.3% in February 2020
16/03/2020 Turkey records a budget deficit of USD 1.2 billion for February 2020
15/03/2020 Turkey’s automotive production increases 7% in February 2020
13/03/2020 Turkey’s Industrial Production index decreases by 0.2% in January 2020 from previous month
10/03/2020 Turkey’s unemployment rate increases to 13.7% in December 2019
10/03/2020 Turkey’s current account deficit is USD 1.8 billion for January 2020
10/03/2020 Turkey's Investment Office has published its March 2020 newsletter
07/03/2020 Turkish Central Bank changes reserve requirement to channel loans to productive sectors
06/03/2020 Turkish Treasury reported a cash deficit of USD 1.4 billion in February 2020
03/03/2020 Turkey’s annual inflation rate rises slightly to 12.37% in February 2020
03/03/2020 Turkey’s trade deficit for February 2020 increases 72.9% to USD 3 billion per preliminary calculations
03/03/2020 Automotive sales in Turkey increase by 89.4% in February 2020
02/03/2020 Turkey’s non-performing loans are USD 25.4 billion, 5.36% of total loans as of January 2020
28/02/2020 Turkey’s foreign trade deficit for January 2019 rises 94.3% to USD 4.6 billion
28/02/2020 Turkey’s economy grows by 0.9% in 2019
28/02/2020 Turkish Central Bank’s gross reserves decrease 2.8% to USD 102.5 billion in January 2020
27/02/2020 Turkey’s economic confidence index increases 0.5% in February 2020
24/02/2020 Foreigners visiting Turkey increased by 16.1% in January 2020
22/02/2020 Fitch has again affirmed Turkey’s BB- credit rating with a stable outlook
21/02/2020 Turkey’s external assets reached USD 250.6 billion as of December 2019
21/02/2020 Number of companies opening in Turkey increases 26.6% in January 2020
20/02/2020 Turkey’s short-term external debt stock is USD 118.2 billion as of December 2019
20/02/2020 Turkey’s central administration gross debt stock is USD 223.4 billion in January 2020
20/02/2020 Turkey’s consumer confidence index decreases 2.7% to 57.3 points in February 2020
20/02/2020 Turkey to allow visa-free travel for 6 European countries
19/02/2020 Turkish Central Bank reduces interest rate by 50 basis points to 10.75%
19/02/2020 Turkey’s private sector foreign debt is USD 200.9 billion as of 2019 yearend
17/02/2020 Turkey records a budget surplus of USD 3.6 billion for January 2020
17/02/2020 Turkey’s car production increases 5.6%, but commercial vehicles down 10.1% in January 2020
14/02/2020 Turkey shows a current account surplus of USD 1,674 million in 2019
14/02/2020 Property sales in Turkey rise by 55.8% in January 2020
13/02/2020 Turkey’s Industrial Production index increases by 1.9% in December 2019 from previous month
13/02/2020 YASED has published its Annual Report 2019
10/02/2020 Fees that Turkish banks can charge commercial clients have been revised
07/02/2020 Turkish Treasury reported a cash surplus of USD 3.8 billion in January 2020
04/02/2020 Automotive sales in Turkey increase by 89.8% in January 2020
04/02/2020 Turkey’s population announced as 83,154,997 as of 31.12.2019
03/02/2020 Turkey's Investment Office has published its February 2020 newsletter
03/02/2020 Turkey’s annual inflation rate increases to 12.15% in January 2020
03/02/2020 Turkey’s trade deficit for January 2020 surges 85.4% to USD 4.6 billion per preliminary calculations
31/01/2020 Foreigners visiting Turkey in 2019 increase by 14.1% to a record 45.1 million
31/01/2020 Turkey’s foreign trade deficit for 2019 falls 43.5% to USD 31.2 billion
31/01/2020 S&P again affirms Turkey’s foreign and local currency credit ratings with stable outlook
31/01/2020 Turkey’s tourism revenue grows 17% to USD 34.5 billion in 2019
30/01/2020 Turkey’s non-performing loans are USD 25.4 billion, 5.37% of total loans as of yearend 2019
29/01/2020 Turkey changes its economic confidence index calculation method once again
28/01/2020 Turkish Central Bank’s gross reserves increase 13.4% to USD 105.5 billion in 2019
28/01/2020 Number of foreign capital companies established in 2019 was 12,634
25/01/2020 New Board of Directors for DEIK elected for 2020-2024
24/01/2020 Number of companies closing in Turkey increases 5% in 2019
23/01/2020 Turkey’s consumer confidence index remains the same at 58.8 points in January 2020
21/01/2020 EY discloses M&A transactions in 2019 in Turkey at USD 12 billion
20/01/2020 Moody’s says negative interest rate will harm Turkish bank’s ability to access funding
20/01/2020 Moody’s sees surge in Turkey's home sales as sign of estate market recovery and boost to banking sector
20/01/2020 Turkish Central Bank to pay out USD 40.5 billion in advance dividends and reserve funds to the Treasury
20/01/2020 Turkey’s central administration gross debt stock is USD 223.7 billion in December 2019
20/01/2020 Almost 900 companies filed for concordato in 2019 in Turkey
18/01/2020 Turkish Central Bank adjusts gold limits in lira reserve requirements
16/01/2020 Fitch sees Turkey’s large interest rate cuts as burden on its credit rating
16/01/2020 Turkish Central Bank reduces interest rate by 75 basis points to 11.25%
15/01/2020 Property sales in Turkey surge by 47.7% in December 2019
15/01/2020 Turkey’s budget deficit is USD 21.9 billion for 2019
14/01/2020 Turkey’s Industrial Production index increases by 0.7% in November 2019 from previous month
13/01/2020 Turkey’s car production fell 5.7% in 2019 despite recovery in second half of 2019
13/01/2020 2019 a bad year for the Turkish M&A market
10/01/2020 Work permits were granted in Turkey to 87,182 and 115,837 foreigners in 2017 and 2018 respectively
08/01/2020 Turkish Treasury reported a cash deficit of USD 6.2 billion in December 2019
06/01/2020 Fitch says Turkish banks’ interest cash flow shortfall reflects rise in problematic loans
03/01/2020 Turkey’s annual inflation rate increases to 11.84% in December 2019
03/01/2020 Turkey’s trade deficit for 2019 falls 43.5% to USD 31.1 billion per preliminary calculations
03/01/2020 Automotive sales in Turkey fall 22.9% in 2019
03/01/2020 Turkey's Investment Office has published its January 2020 newsletter
02/01/2020 Turkish government reduces VAT on furniture from 18% to 8%
02/01/2020 Turkish Central Bank plans to charge commission on FX reserves with the Bank
30/12/2019 Turkey’s economic confidence index increases 2.7% in December 2019
28/12/2019 IMF releases its December 2019 Country Report for Turkey
28/12/2019 Turkish Central Bank increased FX reserve requirement ratios
26/12/2019 Turkey’s net minimum wage has been raised 15.04% to TL 2,324.70 (USD 391) as of 01.01.2020
21/12/2019 Turkey’s 2020 budget is ratified by parliament
21/12/2019 Turkish Central Bank takes steps to help protect Turkish lira
20/12/2019 Turkey’s consumer confidence index decreases 1.9% to 58.8 points in December 2019
16/12/2019 Turkey’s car production recuperates with a welcoming increase of 9.1% in November 2019
13/12/2019 Turkey’s Industrial Production index decreases by 0.9% in October 2019 from previous month
12/12/2019 Turkish Central Bank reduces interest rate by 200 basis points to 12%
09/12/2019 Turkish Central bank revises reserve requirement regulation
09/12/2019 Fitch sees continued risks for emerging market banks in 2020
09/12/2019 Turkey's Investment Office has published its December 2019 newsletter
03/12/2019 Automotive sales in Turkey fall 28.5% in first eleven months of November 2019
02/12/2019 Turkey’s economy recorded a growth of 0.9% in the third quarter of 2019
29/11/2019 Fitch sees a positive outlook for recovery of Turkey’s economy
28/11/2019 Tax payments in Turkey will not be made via private banks as of 01.01.2020
22/11/2019 Turkish parliament passes new taxes into law
21/11/2019 OECD revises Turkey’s growth rate to 0.3% in 2019
14/11/2019 Moody’s revises its 2019 growth estimate for Turkey to 0.2%
14/11/2019 Turkey’s Industrial Production index increases by 3.2% in September 2019 from previous month
12/11/2019 Fitch revises the outlook on 20 Turkish Banks from negative to stable
11/11/2019 Turkey’s automotive exports fall 7.5% in October 2019
08/11/2019 Turkey's Investment Office has published its November 2019 newsletter
07/11/2019 EU Commission says the resilience of the Turkish economy is wearing thin
05/11/2019 Turkey’s increase in tax, penalty and other charges is 22.58% as of beginning of 2020
05/11/2019 World Bank publishes its Turkey Economic Monitor (October 2019) report
04/11/2019 Automotive sales in Turkey shoot up 127.5% in October 2019
01/11/2019 Fitch has reaffirmed Turkey’s BB- credit rating with a stable outlook
31/10/2019 Turkish Central Bank cuts its 2019 yearend inflation forecast to 12%
24/10/2019 Turkish Central Bank reduces interest rate by 250 basis points to 14%
24/10/2019 Turkey rises to No.33 in World Bank’s Doing Business report 2020
17/10/2019 Moody’s views US sanctions as threat to Turkish economy
16/10/2019 Turkey’s domestic automotive sales help production to increase by 2.5% in September 2019
15/10/2019 IMF has revised its growth projection for Turkish economy in 2019 to 0.2%
14/10/2019 Turkey’s Industrial Production index decreases by 2.8% in August 2019 from previous month
11/10/2019 Moody’s sees Turkey’s growth targets as incompatible with macro-economic demands
10/10/2019 S&P sees risk to tourism of Turkey’s military entry into Northern Syria
10/10/2019 Turkey's Investment Office has published its October 2019 newsletter
09/10/2019 World Bank revises Turkey’s growth rate for 2019 to 0%
03/10/2019 Fitch’s stress test sees Turkish private banks in stronger position against risks
02/10/2019 Automotive sales in Turkey surge up 82.4% in September 2019
01/10/2019 Fitch Ratings has revised its contraction forecast for Turkey in 2019 from 1.1% to 0.3%
30/09/2019 Turkey’s New Economic Program for 2020-2022 announced
30/09/2019 Electricity price increased by 14.90% as of October 1st, 2019
24/09/2019 IMF mission envisages 0.25% growth for Turkey in 2019
23/09/2019 Moody’s sees loan reclassification as indication of extent of Turkish banks’ solvency
20/09/2019 Turkish Central Bank has increased its F/X reserve requirements
20/09/2019 OECD revises Turkey’s growth to contract by 0.3% in 2019
17/09/2019 BDDK‘s reclassification of bank loans will increase NPL level to 6.3%
16/09/2019 Istanbul moves up to 53rd place on the Global Financial Centres Index
16/09/2019 Turkey’s automotive exports help production increase by 10.7% in August 2019
13/09/2019 Turkey’s Industrial Production index rises by 4.3% in July 2019 from previous month
12/09/2019 Turkish Central Bank reduces interest rate by 325 basis points to 16.50%
10/09/2019 Turkey's Investment Office has published its September 2019 newsletter
05/09/2019 Fitch sees weakening of asset quality in Turkish insurance sector
03/09/2019 Automotive sales in Turkey fall 23.6% in August 2019
02/09/2019 Turkey’s economy contracted by 1.5% in the second quarter of 2019
31/08/2019 Natural gas price increased by 14.90% as of September 1st, 2019
29/08/2019 Turkey’s automotive imports fall 70% in July 2019
29/08/2019 Turkey has been stunned with a flurry of price increases in August 2019
23/08/2019 Fitch Ratings sees no short-term risk associated with new Turkish reserve requirements
19/08/2019 Turkish Central Bank uses reserve requirements to encourage loan lending
16/08/2019 Turkey’s Industrial Production index falls by 3.7% in June 2019 from previous month
15/08/2019 Turkish government increases tax on cigarettes
05/08/2019 Turkish Central Bank has raised its F/X reserve requirements
05/08/2019 Turkey's Investment Office has published its August 2019 newsletter
03/08/2019 S&P affirms Turkey’s foreign and local currency credit ratings with stable outlook
02/08/2019 Automotive sales in Turkey fall 66% in July 2019
31/07/2019 Turkish Central Bank cuts its 2019 yearend inflation forecast to 13.9%
25/07/2019 Turkish Central Bank reduces interest rate by 425 basis points to 19.75%
24/07/2019 European Investment Bank freezes lending to Turkey
19/07/2019 Fitch downgrades several Turkish corporations
19/07/2019 Fitch downgrades credit ratings of 14 Turkish banks
19/07/2019 Turkey’s Parliament ratifies 11th Development Plan
19/07/2019 Turkish parliament passes law to transfer Central bank’s reserves to budget
16/07/2019 Fitch reports on Turkish banks’ liquidity risks
15/07/2019 S&P says that S-400 sanctions unlikely to affect Turkey’s credit rating
15/07/2019 Turkey’s automotive production falls 12.8% in the first half of 2019
12/07/2019 Turkey’s Industrial Production index increases by 1.3% in May 2019 from previous month
12/07/2019 Fitch downgrades Turkey to BB- with negative outlook
08/07/2019 Turkey's Investment Office has published its July 2019 newsletter
02/07/2019 Automotive sales in Turkey fall 44.8% in first half of 2019
02/07/2019 Fortune 500 list (2018) has been published for Turkey
01/07/2019 Moody’s reports increased vulnerability of Turkish banks
29/06/2019 Turkish Central Bank reduces interest rates on credit cards
20/06/2019 Fitch Ratings has affirmed ratings of seven Turkish banks
18/06/2019 Turkey’s Industrial Production index decreases by 1% in April 2019 from previous month
18/06/2019 Moody's downgrades 18 Turkish banks
17/06/2019 Turkish Central Bank extends liquidity facility to primary dealers
17/06/2019 Turkish exporters to be exempt from tax on foreign currency purchases
15/06/2019 Moody's downgrades Turkey's ratings to B1 with negative outlook
15/06/2019 Turkey’s automotive production falls 12.1% in the first five months of 2019
13/06/2019 BDDK announces changes to credit card payment instalments
12/06/2019 Turkish Central Bank’s policy rate remains at 24%
11/06/2019 Automotive sales in Turkey fall 54.6% in May 2019
05/06/2019 World Bank forecasts Turkey’s economy to contract by 1% in 2019
01/06/2019 Turkey's Investment Office has published its June 2019 newsletter
31/05/2019 Turkey’s economy contracted by 2.6% in the first quarter of 2019
31/05/2019 KPMG has published its Investment in Turkey – Tax Services Report 2019
30/05/2019 True Value Capital Partners has purchased Sabancı’s Temsa for TL 182.7 million
30/05/2019 United Initiators is to purchase Hidrojen Peroksit A.Ş.
28/05/2019 ISO 500 total production sales increased by 34.5% in 2018 in TL value
27/05/2019 Turkish Central Bank increases reserve requirement on F/X deposits
27/05/2019 Moody’s sees Turkey’s new F/X regulation as reducing depositor confidence
22/05/2019 Turkey reduces tariffs on 22 products from the USA
21/05/2019 OECD warns of substantial risks threatening Turkey’s economic recovery
20/05/2019 Turkey imposes 1 day settlement delay on FX purchases for individuals of USD 100,000 and above
20/05/2019 Turkey imposes 1 day settlement delay on FX purchases for individuals of USD 100,000 and above
16/05/2019 Moody’s warns of rating downgrade if Turkey does not implement an effective monetary policy
15/05/2019 Turkish government under international criticism for handling of economy
15/05/2019 Turkey re-imposes 0.1% tax on some foreign-currency sales
14/05/2019 Turkey’s Industrial Production index increases by 2.1% in March 2019 from previous month
13/05/2019 Moody’s sees continues low consumer demand until early 2020
11/05/2019 Turkey’s automotive imports decrease 62.2% in April 2019
10/05/2019 Fitch takes note of Turkey’s Treasury’s continued support to state banks
09/05/2019 Turkish Central Bank lowers TL reserve requirement from 40% to 30%
09/05/2019 Turkish Central Bank suspends one-week repo auctions
08/05/2019 EBRD more optimistic about Turkey’s economic recovery
07/05/2019 European Commission forecasts a 2.3% contraction in Turkey’s economy in 2019
07/05/2019 Turkey's Investment Office has published its May 2019 newsletter
03/05/2019 Fitch affirms Turkey’s credit rating at BB with a negative outlook
03/05/2019 Automotive sales in Turkey fall 56.5% in April 2019
02/05/2019 Turkish government increases tax on mobile telephones and tobacco
02/05/2019 S&P Global sees a difficult time ahead for Turkish banks
30/04/2019 Turkish Central Bank keeps inflation targets unchanged
25/04/2019 Turkish Central Bank decides to leave interest rate unchanged
16/04/2019 Turkey’s Industrial Production index increases by 1.3% in February 2019 from previous month
13/04/2019 Turkey’s automotive production fell 15% in the 1st quarter of 2019
12/04/2019 Moody’s criticizes Turkey’s reform package for being too vague
11/04/2019 Turkish government announces new economic reform agenda
09/04/2019 IMF forecasts that Turkey will now contract by 2.5% in 2019
08/04/2019 Facebook has started to charge 18% VAT on all advertising services in Turkey
08/04/2019 Turkish government tax and regulation amendments – week 01-05.04.2019
08/04/2019 Number of mobile subscribers in Turkey reaches 80 million
05/04/2019 Turkey’s recession results hit EBRD’s 2018 profits
04/04/2019 S&P Global says that Turkey is not currently at risk of a credit downgrade
04/04/2019 Turkish Central Bank raises swap limit further to 40%
04/04/2019 Fitch Solutions sees falls in Turkish lira as harmful for Turkey’s automotive industry
03/04/2019 Turkey's Investment Office has published its April 2019 newsletter
02/04/2019 Automotive sales in Turkey fell 44.2% in 1st quarter of 2019
01/04/2019 Moody’s warns of risk of capital flight from Turkey without right policy decisions
01/04/2019 The Turkish Competition Authority has published its Annual Report for 2018
01/04/2019 YASED publishes its 2018 FDI report for Turkey
29/03/2019 Turkey’s gross external debt stock is USD 444.9 billion as of 2018 yearend
29/03/2019 Fitch Ratings sees Turkish banks as able to withstand deterioration in asset quality
25/03/2019 The annual unemployment rate for 2018 has been announced as 11%
22/03/2019 Fitch Ratings expects Turkey’s economic recovery to be slower
21/03/2019 Turkish government extends sales tax incentives again
21/03/2019 Withholding tax on Turkish bank foreign exchange deposit accounts increased
20/03/2019 Fitch Ratings forecasts Turkey’s economy to contract by 1.1% in 2019
20/03/2019 Turkey’s automotive exports fall 12.6% in February 2019
15/03/2019 Istanbul moves up to 59th place on the Global Financial Centres Index
15/03/2019 Turkey’s unemployment rate swells to 13.5% in December 2018
14/03/2019 Turkey’s Industrial Production index increases by 1% in January 2019 from previous month
14/03/2019 Fitch Solutions sees funding for Turkey’s infrastructure projects moving from EU to China in the medium/long term
12/03/2019 Turkey’s economy grew by 2.6% in 2018
11/03/2019 Turkey’s economy contracted by 3% in the fourth quarter of 2018
07/03/2019 Turkey's Investment Office has published its March 2019 newsletter
07/03/2019 OECD forecasts that Turkey’s economy will contract 1.8% in 2019
07/03/2019 Fitch Solutions sees Turkey’s budget being burdened by higher unemployment, lower tax revenues and losses on debt guarantees
06/03/2019 Turkish Central Bank leaves interest rate unchanged
06/03/2019 Automotive sales in Turkey fell by 47.1% in February 2019
06/03/2019 Fitch warns that 2019 will be a tough year for Turkish consumer companies
05/03/2019 Moody’s emphasizes Turkey’s “low” institutional strength due to weakened policy making
01/03/2019 Moody’s expects Turkey’s economy to shrink 2% in 2019
28/02/2019 TurkStat to calculate foreign trade statistics according to general trade system (GTS)
28/02/2019 Fitch Solutions sees narrowing of Turkey’s current account deficit due to contracting imports
25/02/2019 Moody’s sees Turkey's measures to increase loan growth as credit negative for banks
20/02/2019 TÜSİAD elects Simone Kaslowski as its new president
20/02/2019 OECD has published its Environmental Performance Reviews 2019 on Turkey
19/02/2019 Honda will end production of Civic Sedan model in Turkey in 2021
19/02/2019 S&P forecasts 15-20% problem loans in Turkey within the next year
19/02/2019 Turkey’s private sector foreign debt is USD 225.8 billion as of 2018 yearend
16/02/2019 Turkish Central bank adjusts its TL reserve requirement calculation
16/02/2019 Turkish Central Bank records Turkey’s FDI for 2018 as USD 13.2 billion
15/02/2019 S&P affirms Turkey’s credit ratings and maintains stable outlook
14/02/2019 Turkey’s Industrial Production index decreases by 1.4% in December 2018 from previous month
12/02/2019 Japanese technology company SECOM sets up Turkish joint venture with Aktif Bank
11/02/2019 YASED has published its Annual Report 2018
11/02/2019 Turkey’s current account deficit falls 41.6% to USD 27.6 billion in 2018
09/02/2019 Turkey’s automotive production falls 11.6% in January 2019
08/02/2019 YASED elects Ayşem Sargın, Boeing’s Turkey Country Executive, as its new Chairperson
06/02/2019 Turkey's Investment Office has published its February 2019 newsletter
04/02/2019 Automotive sales in Turkey fell by 59% in January 2019
01/02/2019 Turkey’s population announced as 82,003,882 as of 31.12.2018
31/01/2019 Number of foreigners visiting Turkey in 2018 increases by 21.8% to 39.5 million
31/01/2019 Turkey’s foreign trade deficit fell 28.4% to USD 55 billion in 2018
31/01/2019 Turkey’s tourism revenue grows 12.3% to USD 29.5 billion in 2018
30/01/2019 Türkstat changes presentation of Turkey’s economic confidence index to allow for seasonal adjustments
30/01/2019 Turkish Central Bank lowers its inflation forecasts
29/01/2019 Toyota launches production of its new Corolla hybrid model in Turkey
28/01/2019 Turkish Central Bank’s reserves fall 13.6% in 2018 to USD 93 billion
27/01/2019 Fitch Solutions forecasts delays in Turkey’s renewable energy projects
23/01/2019 Türkstat changes presentation of Turkey’s consumer confidence index to allow for seasonal adjustments
22/01/2019 Turkey’s central administration gross debt stock is USD 202 billion in December 2018
21/01/2019 EY discloses M&A transactions in 2018 in Turkey at USD 12 billion
21/01/2019 Deloitte publishes its annual M&A review report for 2018
18/01/2019 Turkish Central Bank adjusts scope of reserve requirements
18/01/2019 Number of companies founded in Turkey in 2018 up 17%
16/01/2019 Property sales in Turkey to foreigners increase by 78.4% to 39,663 in 2018
16/01/2019 Turkish Central Bank, in line with expectations, leaves interest rate unchanged
15/01/2019 Turkey records a budget deficit of USD 16 billion for 2018
14/01/2019 Turkey’s automotive production falls 8.6% in 2018
10/01/2019 World Bank has published its Economic Monitor (December 2018) report on Turkey
09/01/2019 World Bank forecasts 1.6% growth in Turkey in 2019
09/01/2019 PwC has published its Energy Deals 2018 report for Turkey
08/01/2019 Turkish Treasury reports a cash deficit of USD 15.5 billion for 2018
08/01/2019 Turkey's Investment Office has published its January 2019 newsletter
05/01/2019 PepsiCo opens new factory in Manisa, near Izmir, Turkey
04/01/2019 Turkey’s foreign trade deficit is USD 55 billion in 2018 per preliminary calculations
04/01/2019 Turkey’s exports reach a record USD 168.1 billion in 2018
04/01/2019 Automotive sales in Turkey fell by 35.1% in 2018
03/01/2019 Turkey’s annual inflation rate moves further down to 20.30% in December 2018
02/01/2019 Turkish government extends sales tax cuts for further 3 months
28/12/2018 Turkey’s economic confidence index increases by 2% in December 2018
25/12/2018 Turkey’s net minimum wage has been raised 26.05% to TL 2,020 (USD 381)
22/12/2018 Turkey’s 2019 budget is approved by Turkish parliament
21/12/2018 Turkey’s consumer confidence index falls back 2.3% to 58.2 points in December 2018
15/12/2018 Fitch affirms Turkey’s credit rating at BB with negative outlook
13/12/2018 Turkish Central Bank decides to leave interest rate unchanged in line with expectations
10/12/2018 Turkey’s economy grows by 1.6% in the third quarter of 2018
10/12/2018 TÜSİAD calls for reforms to strengthen democracy and rule of law
07/12/2018 Foreign nationals may obtain Turkish citizenship for incomplete property projects
07/12/2018 Turkey's Investment Office has published its December 2018 newsletter
03/12/2018 S&P sees Turkish banks’ problematic assets rising to 20% of loans
16/11/2018 Turkey allows use of foreign currencies in real estate contracts with foreign residents
09/11/2018 EY publishes “Tourism Market Overview” report on Turkey
02/11/2018 Turkey's Investment Office has published its November 2018 newsletter
26/10/2018 Taiwan Cement buys 40% of OYAK Çimento for USD 640 million
25/10/2018 Turkish Central Bank leaves interest rate unchanged in line with expectations
21/10/2018 Second phase of driverless metro in Istanbul starts operating
19/10/2018 SOCAR opens giant new oil refinery in Izmir, Turkey
14/10/2018 Dutch port terminal operator APM terminals is leaving Turkey
08/10/2018 Turkey plans to impose quotas on steel imports
08/10/2018 Turkish Banks Association gives advice to its members on restructuring loans
03/10/2018 Turkey's Investment Office has published its October 2018 newsletter
01/10/2018 YASED has published its presentation of UNCTAD’s World Investment Report 2018
01/10/2018 ISPAT has published its presentation “Foreign Citizens’ Acquisition of Turkish Citizenry”
01/10/2018 ISPAT has published its presentation “Acquisition of Real Estate by Foreigners in Turkey”
28/09/2018 Istanbul moves up to 68th place on the Global Financial Centres Index
27/09/2018 Fortune 500 list has been published for Turkey
20/09/2018 Turkish Treasury and Finance Ministry unveils its Medium Term Programme
19/09/2018 Turkey lowers investment limits for foreigners to acquire Turkish citizenship
19/09/2018 Turkish Banks Association prepares agreement to help businesses restructure their loans
14/09/2018 Use of foreign currency banned in contracts between Turkish citizens
13/09/2018 Turkish President appoints himself chairman of Turkey’s Sovereign Wealth Fund
13/09/2018 Turkish Central Bank raises interest rate 625 basis points to 24%
10/09/2018 Turkey’s economy grows by 5.2% in the second quarter of 2018
07/09/2018 Turkey’s Treasury to issue gold bonds to attract idle gold into the economy
07/09/2018 Two more well-known Turkish brands apply to bankruptcy proceedings
04/09/2018 Fitch revises its 2018 growth forecast for Turkey to 3.8%
04/09/2018 Turkey's Investment Office has published its September 2018 newsletter
04/09/2018 Export F/X proceeds to be repatriated to the Turkish banking system
01/09/2018 Hotiç footwear manufacturer applies for banktruptcy proceedings
18/08/2018 S&P and Moody’s lower Turkey’s credit ratings
18/08/2018 Fitch views Turkey’s efforts to restore economic stability as insufficient
13/08/2018 Turkish Central Bank takes action to support the Turkish Lira
09/08/2018 Fitch asserts the need to quickly address the weakness of the Turkish lira
06/08/2018 Turkish Central Bank lowers FX reserve requirement to support Turkish lira
03/08/2018 Turkeys Investment Office has published its August 2018 newsletter
29/07/2018 ICBC Bank to lead refinancing of USD 2.7 billion in loans for two Turkish mega-projects
27/07/2018 ICBC Bank to loan USD 3.6 billion for Turkey's energy and transportation sectors
24/07/2018 Turkish Central Bank leaves interest rate unchanged against all expectations
13/07/2018 Fitch downgrades Turkey’s long-term foreign currency rating
13/07/2018 OECD publishes blog entry on business investment in Turkey
13/07/2018 OECD publishes blog entry on growth in Turkey
12/07/2018 Chatham House publishes critical analysis of Turkey’s looming economic crisis
12/07/2018 Moody’s warns of threat to independence of Turkish Central Bank
05/07/2018 Turkish banks apply to the Competition Authority to take over 55% of Türk Telekom
02/07/2018 Fortune magazine publishes leading 500 companies in Turkey for 2017
02/07/2018 ISPAT has published its July 2018 newsletter
29/06/2018 IFC publishes article on its support for Turkey’s Health PPP programs
26/06/2018 Moody’s emphasises the need for structural economic reforms in the Turkish economy
21/06/2018 Majority of employees have opted out of Turkey’s new pension scheme
07/06/2018 Turkish Central Bank makes decisive hike to its main policy interest rate to 17.75%
02/06/2018 Moody’s places Turkey’s credit ratings on review for downgrade
01/06/2018 ISPAT has published its June 2018 newsletter
30/05/2018 ISO 500 total production sales increase by 33.3% in 2017
30/05/2018 OECD publishes Turkey – Economic forecast summary (May 2018)
28/05/2018 Turkish lira recovers as Turkish Central Bank consolidates its interest rate policy
23/05/2018 Turkish Central bank raises key rate after Turkish lira plummets
22/05/2018 Dubai’s Emirates NBD bank to purchase Denizbank from Sberbank
22/05/2018 Fitch criticizes Turkish President for vowing to increase his control over monetary policy
18/05/2018 Turkey prepares to respond to U.S. steel and aluminium tariffs
16/05/2018 Moody’s sees Turkey’s fiscal strength as a source of stability and support in its overall risk profile
15/05/2018 Moody’s maintains Turkish banking system outlook as negative
15/05/2018 OECD has published its Economic Forecast Summary (May 2018)
15/05/2018 World Bank has published its Economic Monitor report on Turkey
09/05/2018 ISPAT has published its May 2018 newsletter
08/05/2018 Turkey plans to invest USD 46.4 billion on railways in the next 5 years
08/05/2018 World Bank foresees 4.7% growth in 2018 for Turkish economy
02/05/2018 USA imposes tariffs on steel and aluminium imports from Turkey
02/05/2018 S&P unexpectedly reduces Turkey’s credit rating further into the wilderness
01/05/2018 IMF Turkey Desk Chief warns of overheating of Turkish economy
30/04/2018 Turkish Central Bank raises inflation forecast for 2018 to 8.4%
27/04/2018 Russia lifts sanctions on Turkish tomato exporters
25/04/2018 Turkish Central Bank raises its late liquidity window rate by 75 base points to 13.50%
23/04/2018 Turkey announces measures to promote health tourism
17/04/2018 IMF revises its 2018 and 2019 growth forecasts for Turkey
09/04/2018 Ceremony is held for inauguration of Turkey’s USD 33 billion incentive package
02/04/2018 ISPAT has published its April 2018 newsletter
30/03/2018 Turkey’s gross external debt stock is USD 453.2 billion as of 2017 yearend
30/03/2018 Istanbul moves up to 76 place on the Global Financial Centres Index
30/03/2018 Deloitte has prepared its International Tax - Turkey Highlights 2018 report
29/03/2018 Turkey’s economy grew by 7.4% in 2017
23/03/2018 The annual unemployment rate for 2017 has been announced as 10.9%
15/03/2018 Turkey’s unemployment rate increases slightly to 10.4% in December 2017
15/03/2018 YASED has published its FDI report for Turkey for 2017
08/03/2018 Moody’s downgrades Turkey’s sovereign rating to Ba2 from Ba1
07/03/2018 Turkish Central Bank again leaves interest rates unchanged
05/03/2018 ISPAT has published its March 2018 newsletter
24/02/2018 S&P affirms Turkey’s credit rating
23/02/2018 SOCAR-Turcas refinery to boost Turkey’s refinery capacity by 30%
23/02/2018 FDI to Turkey falls by 18.8% to USD 10,830 million in 2017
21/02/2018 TÜSİAD has published its “The Economy in Turkey in 2018” report
20/02/2018 IMF warns about overheating in the Turkish economy
19/02/2018 Turkey’s private sector’s total foreign debt is USD 239 billion as of 2017 year end
14/02/2018 Turkey’s current account deficit is USD 47.1 billion in 2017
12/02/2018 YASED has published its Annual Report 2017
08/02/2018 Turkey’s Industrial Production index’s gradual incline continues in December 2017
07/02/2018 Turkey’s second floating natural gas storage unit goes into operation
05/02/2018 ISPAT has published its February 2018 newsletter
05/02/2018 Turkey’s automotive production increases by 12.6% in 2017
01/02/2018 Turkey’s population announced as 80,810,525 as of 31.12.2017
31/01/2018 Deloitte publishes its annual M&A review report for 2017
31/01/2018 Turkey’s foreign trade deficit increases by 36.8% in 2017
31/01/2018 Turkey’s Tourism Revenue increases 18.9% in 2017
30/01/2018 Turkish Central Bank increases its forecast for 2018/9 inflation
29/01/2018 Number of foreigners visiting Turkey in 2017 rises by 27.8%
22/01/2018 Turkey’s central administration gross debt stock is USD 231.3 billion as of 2017 yearend
19/01/2018 Property sales to foreigners in 2017 increase by 22.2%
18/01/2018 Turkish Central Bank keeps its interest rates unchanged
18/01/2018 Turkish automotive exports increased 21.3% in 2017
18/01/2018 Turkish automotive exports increased 21.3% in 2017
16/01/2018 EY discloses M&A transactions in 2017 in Turkey at USD 10 billion
15/01/2018 Turkey’s budget deficit for 2017 is USD 13 billion
05/01/2018 ISPAT has published its January 2018 newsletter
04/01/2018 Turkey’s automotive market contracted by 2.8% in 2017
03/01/2018 Turkey’s annual inflation rate eases down to 11.92% in December 2017
02/01/2018 Turkey’s trade deficit in 2017 increases 37.5% to USD 77.1 billion
29/12/2017 Turkey’s minimum wage has been raised 14.2% to TL 1,603 (USD 423)
28/12/2017 Turkey’s economic confidence index falls further 3% in December 2017
23/12/2017 The 2018 budget has been accepted by Turkey’s parliament
21/12/2017 Turkey’s consumer confidence index falls marginally in December 2017
14/12/2017 Turkish Central Bank keeps its main policy rate unchanged
05/12/2017 Turkey’s Corporation Tax increases to 22%
01/12/2017 TÜSİAD elects Erol Bilecik as its new president
17/11/2017 Moody’s publishes its annual credit analysis of Turkey’s credit rating
12/11/2017 Turkey’s economy grows by an amazing 11.1% in the third quarter of 2017
04/11/2017 S&P reaffirms Turkey’s credit rating with negative outlook
26/10/2017 Turkish Central Bank keeps interest rates unchanged yet again
26/10/2017 Germany pushes to cut funding to Turkey
28/09/2017 Turkey introduces new tax regime to increase revenue
27/09/2017 Turkish government announces its medium-term economic programme (2018-2020)
14/09/2017 Turkish Central Bank keeps interest rates unchanged for the third policy meeting in a row
11/09/2017 Istanbul falls to 78th place on the Global Financial Centres Index
11/09/2017 Turkey’s economy grows by formidable 5.1% in the second quarter of 2017
27/07/2017 Turkish Central Bank again keeps interest rates unchanged
22/07/2017 Fitch affirms Turkey’s rating as BB+ with a stable outlook
19/07/2017 IMF praises Turkey for its progress towards fiscal transparency
10/07/2017 Turkey strives for gas storage to avoid external energy supply cuts
07/07/2017 TMSF now holds seized firms with total asset value of some USD 11.3 billion
03/07/2017 Fortune magazine publishes leading 500 companies in Turkey for 2016
15/06/2017 Turkish Central Bank maintains interest rates in line with expectations
08/06/2017 UNCTAD investment report discloses Turkey’s 31% fall in FDI in 2016
05/06/2017 Top 500 industrial companies list reflects strength of Turkey’s automotive sector
24/05/2017 TMSF takes over 879 companies worth TL 40.3 billion since failed coup
05/05/2017 S&P maintains Turkey’s credit rating with negative outlook
31/03/2017 Turkey’s economy grew 2.9% in 2016
30/03/2017 Booking.com has stopped providing reservation transactions in Turkey following court case decision
24/03/2017 Foreign Direct Investment to Turkey falls by 31% in 2016
23/03/2017 Turkey’s unemployment annual figures for 2016 announced
20/03/2017 Ground breaking ceremony held for bridge over the Dardanelles
18/03/2017 Moody’s reduces Turkey’s credit rating outlook to negative
16/03/2017 Turkish Central Bank keeps interest rates unchanged despite FED hike
15/03/2017 Turkey’s unemployment rate leaps to 12.7% in December 2016
28/02/2017 Deloitte publishes its annual M&A review report for 2016
24/02/2017 Turkey exempts foreigners from VAT on purchases of property
14/02/2017 Turkey’s current account deficit for 2016 is USD 32,605 million
08/02/2017 Turkey’s Industrial Production in December 2016 remains at same level
31/01/2017 Turkey’s trade deficit in 2016 falls by 11.6%
31/01/2017 Turkish population announced as 79,814,871 as of 2016 yearend
31/01/2017 Turkey’s tourism revenue falls 29.7% in 2016
31/01/2017 Number of foreign visitors to Turkey in 2016 falls 30%
28/01/2017 Fitch downgrades Turkey’s investment grade rating to ”junk” level
28/01/2017 S&P revised its outlook for Turkey to “negative” from “stable”
24/01/2017 Turkish Central Bank increases overnight lending rate to 9.25%
24/01/2017 Property sales of foreigners in Turkey fell by 20.3% in 2016
17/01/2017 EBRD invested USD 2 billion in Turkey in 2016
16/01/2017 Turkey’s 2016 budget deficit has been announced as USD 7.8 billion
15/01/2017 Work permits were granted to 73,560 foreigners in Turkey in 2016
14/01/2017 Construction companies look to take advantage of citizenship incentive
12/01/2017 EY discloses M&A transactions in 2016 in Turkey down to USD 7 billion
12/01/2017 Foreigners investing in Turkey to be given Turkish citizenship
09/01/2017 Turkey’s Treasury records USD 10,578 million cash deficit for 2016
03/01/2017 Turkey’s annual inflation rate for December 2016 jumps to 8.53 %
29/12/2016 Turkey’s economic confidence index falls 6.2 % in December 2016
29/12/2016 Turkey’s minimum wage has been raised 8 % to TL 1,404 (USD 397)
21/12/2016 Turkey’s consumer confidence index falls a further 8 % in December 2016
20/12/2016 Turkish Central bank keeps interest rates unchanged despite weakening Turkish Lira
17/12/2016 The 2017 budget has been accepted by Turkey’s parliament
13/12/2016 Statistics revision increases Turkey’s GDP per capita data
05/12/2016 Turkish President Erdoğan calls on citizens to sell US dollars
24/11/2016 Turkish Central Bank raises interest rates in response to weakening Turkish Lira
19/11/2016 TÜSİAD’s Chair says she is very concerned about the future of the Turkish economy
05/11/2016 S&P upgrades Turkey’s outlook to “stable” on gradual implementation of economic reforms
20/04/2016 Turkish Central Bank lowers its overnight lending rate further to 10 %
12/04/2016 New governor of the Turkish Central Bank is Murat Çetinkaya
31/03/2016 Turkish economy again amazes analysts with surprising 5.7 % growth in fourth quarter of 2015
28/03/2016 Requirements for independent audit in Turkey have been changed
17/03/2016 TÜSİAD has published its “Industry 4.0 in Turkey as an Imperative for Global Competitiveness” report
15/03/2016 Turkey’s unemployment rate increases to 10.8% in December 2015
26/02/2016 Fitch Ratings reaffirms Turkey’s rating at BBB- with stable outlook
23/02/2016 USD 2.5 billion FDI in December 2015 boosts overall FDI for 2015
11/02/2016 Turkey’s current account balance reflects a bad end to a good year
10/02/2016 Turkish Plastics Sector is now the 6th largest in the World
29/01/2016 Revenue from tourism in Turkey falls by 8.3% in 2015
28/01/2016 Foreign visitors to Turkey in 2015 shows a small decrease of 1.61%
13/01/2016 EY Turkey has published its Mergers and Acquisitions Transactions 2015 Report
06/01/2016 Deloitte has published its Annual Turkish M&A Review 2015
04/01/2016 Annual inflation rate rises to 8.81% in December 2015
31/12/2015 Deloitte has published its “Turkish economy at the turn of 2016 – December update” report
30/12/2015 Turkey's minimum wage for 2016 has been raised from TL 1,000 to TL 1,300
23/12/2015 Turkey has become world’s top country for eye surgeries
22/12/2015 Qatar’s QNB bank buys Turkey’s Finansbank for Euro 2.7 billion
04/12/2015 Turkey increases urgency of completing its LNG depot investments
Turkey’s net minimum wage has been raised 30% to TL 22,104 (USD 626) as of 01.01.2025       Migration communication helpline 157 available for foreigners in Turkey       Read our homepage articles on developments in the Turkish economy       Turkey’s official annual inflation rate decreases to 37.86% in April 2025       Turkey’s official unemployment rate is 7.9% in March 2025       Read our BUSINESS section for latest sectoral and corporate news       Turkey’s population is 85,664,944 as of 2024 yearend       No. of foreigners visiting Turkey in 2024 increased 7% to 52.6 million       Turkey’s private sector foreign debt is USD 172 billion as of yearend 2024       Turkey’s economy grows 3.2% in 2024       FDI to Turkey is USD 11.3 billion in 2024       Turkey’s current account deficit is USD 10 billion in 2024