ALL LATEST MAJOR ECONOMY NEWS

   
19/07/2024 Moody's upgrades Turkey’s B3 credit rating to B1 to B3, with outlook remaining positive
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
10/07/2024 Turkey’s official unemployment rate is 8.4% in May 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 official annual inflation rate decreases to 71.60% in June 2024
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 Turkey’s gross external debt stock is USD 506.8 billion as end of first quarter of 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
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
13/06/2024 Property sales to foreigners in Turkey is 1.9% of total sales in May 2024
10/06/2024 Turkey’s official unemployment rate is 8.5% in April 2024
04/06/2024 Automotive sales in Turkey in May 2024 decreased 10.1%
03/06/2024 Turkey’s foreign trade deficit is USD 6.5 billion in May 2024 per preliminary calculations
03/06/2024 Turkey’s official annual inflation rate increases to 75.45% in May 2024
31/05/2024 Turkey’s economy grows 5.7% in the first quarter of 2024
30/05/2024 Turkey’s foreign trade deficit is USD 9.9 billion in April 2024
24/05/2024 No. of foreigners visiting Turkey in April 2024 increased 8.7% to 3.6 million
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
13/05/2024 Turkish Central Bank revises its current account balances between 2012 and 2023 up by USD 47.1 billion
10/05/2024 Turkey’s official unemployment rate is 8.6% in March 2024
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 foreign trade deficit is USD 9.9 billion in April 2024 per preliminary calculations
03/05/2024 S&P Global upgrades Turkey’s sovereign rating to 'B+' from 'B' with positive outlook
30/04/2024 Turkey’s tourism revenue increases 5.4% to USD 8.8 billion in 1st Q. of 2024
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
22/04/2024 Turkey’s automotive production decreased 4.3% in March 2024
18/04/2024 Property sales to foreigners in Turkey in March 2024 low at only 1.7% of total domestic sales
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
04/04/2024 Turkey’s foreign trade deficit is USD 7.5 billion in March 2024 per preliminary calculations
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%
29/03/2024 Turkey’s gross external debt stock is USD 499.9 billion as of yearend 2023
29/03/2024 Turkey’s foreign trade deficit is USD 6.8 billion in February 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
21/03/2024 Turkish Central Bank raises its policy interest rate from 45% to 50%
14/03/2024 Property sales to foreigners in Turkey in February 2024 lowest since May 2021
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
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 economy grows 4.5% in 2023
28/02/2024 Turkey’s foreign trade deficit is USD 6.2 billion in January 2024
23/02/2024 No. of foreigners visiting Turkey in January 2024 increased 2.1% to 2 million
21/02/2024 Turkey’s net international investment position is minus USD 285.2 billion as of yearend 2023
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
13/02/2024 Turkey’s records a current account deficit of USD 45.2 billion in 2023
13/02/2024 FDI to Turkey is USD 10.6 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
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 foreign trade deficit is USD 106 billion in 2023
31/01/2024 Turkey’s tourism revenue increases 16.9% to USD 54.3 billion in 2023
25/01/2024 Turkish Central Bank raises its policy interest rate from 42.5% to 45%
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
18/01/2024 Turkish Central Bank’s gross reserves are USD 140.9 billion as of December 2023
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
12/01/2024 Turkey’s records a current account deficit of USD 2.7 billion 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
04/01/2024 Automotive sales in Turkey in 2023 increased 57.4% to 1,232,635 units
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 Turkey’s foreign trade deficit is USD 5.9 billion in November 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
21/12/2023 Turkish Central Bank’s gross reserves increase by 8.3% to USD 136.7 billion in November 2023
21/12/2023 Turkish Central Bank raises its policy interest rate from 40% to 42.5%
20/12/2023 Turkey’s consumer confidence index increases 2.6% to 77.4 points in December 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
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
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 Turkey’s economy grows 5.9% in the third quarter of 2023
30/11/2023 S&P Global revises Turkey’s sovereign rating to positive from stable, with “B” rating affirmed
29/11/2023 Turkey’s foreign trade deficit is USD 6.5 billion in October 2023
24/11/2023 No. of foreigners visiting Turkey increases 3.8% to 5 million in October 2023
23/11/2023 Turkish Central Bank raises its policy interest rate from 35% to 40%
16/11/2023 Property sales to foreign nationals in Turkey are 2.7% of total domestic sales 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 Turkey’s total automotive production increases 18.6% in October 2023
10/11/2023 Turkey’s official unemployment rate decreases to 9.1% in September 2023
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 Car sales in Turkey increase 74.1% in October 2023
31/10/2023 No. of foreigners visiting Turkey increases 12.7% to 39.2 million in first nine months of 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
26/10/2023 Turkish Central Bank raises its policy interest rate from 30% to 35%
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 total automotive exports decrease 20.3% in September 2023
11/10/2023 Turkey’s current account deficit is USD 619 million in August 2023
10/10/2023 Turkey’s official unemployment rate is 9.2% in August 2023
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 foreign trade deficit is USD 8.7 bn in August 2023
22/09/2023 No. of foreigners visiting Turkey increases 5.7% to 6.7 million in August 2023
21/09/2023 Turkish Central Bank raises its policy interest rate from 25% to 30%
15/09/2023 Property sales to foreign nationals in Turkey are 2.5% of total domestic sales in August 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 Turkey’s current account deficit is USD 5.5 billion in July 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
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
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
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 Turkey’s official unemployment rate is 9.6% in June 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
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 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
20/07/2023 Turkish Central Bank increases its policy interest rate from 15% to 17.5%
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
14/07/2023 Property sales to foreign nationals in Turkey are 3.1% of total domestic sales in June 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
06/07/2023 Fortune 500 list (2022) has been published for Turkey
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
03/07/2023 Turkey’s foreign trade deficit is USD 61.4 billion in first half of 2023 per preliminary calculations
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
22/06/2023 Turkish Central Bank increases its policy interest rate from 8.5% to 15%
20/06/2023 Turkey’s net minimum wage has been raised 34% to TL 11,402 (USD 483) as of 01.07.2023
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 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
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
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
31/05/2023 Turkey’s economy grows 4% in the first quarter of 2023
30/05/2023 Turkey’s foreign trade deficit is USD 8.7 billion in April 2023
26/05/2023 No. of foreigners visiting Turkey increases 29% in April 2023
18/05/2023 Turkish Central Bank’s gross reserves fall by 6.2% to USD 114.9 billion in April 2023
16/05/2023 Property sales to foreign nationals in Turkey are 3% of total domestic sales in April 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
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
10/05/2023 Turkey’s official unemployment rate remains at 10% in March 2023
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
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
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
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
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
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
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%
18/03/2023 Turkish Central Bank’s gross reserves decrease by 6.3% to USD 117.4 billion in February 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
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
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
24/02/2023 No. of foreigners visiting Turkey increases 56.5% 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 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
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
10/02/2023 Turkey’s Industrial Production Index’s annual decrease is 0.2% in December 2022
10/02/2023 Turkey’s official unemployment rate is 10.3% in December 2022
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
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 non-performing loans are USD 8.7 billion, 2.11% of total loans as of yearend 2022
20/01/2023 No. of companies closing in Turkey in 2022 has increased 42.8%
20/01/2023 Turkey’s central administration gross debt stock is USD 215.6 billion in December 2022
19/01/2023 Turkish Central Bank’s gross reserves increase by 5.2% to USD 128.7 billion in December 2022
17/01/2023 Property sales to foreign nationals in Turkey are 4.5% of total domestic sales in 2022
16/01/2023 Turkey records a budget deficit of USD 8.5 billion for the year 2022
15/01/2023 Turkey’s total automotive production increases by 6% in 2022
11/01/2023 Turkey’s current account deficit is USD 3.7 billion in November 2022
10/01/2023 Turkey’s official unemployment rate remains at 10.2% in November 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
30/12/2022 Turkey’s foreign trade deficit is USD 99.8 billion in first eleven months of 2022
23/12/2022 No. of foreigners visiting Turkey in first eleven months of 2022 increases 84.8% to 42.2 million
22/12/2022 Turkey’s net minimum wage has been raised 54.66% to TL 8,506 (USD 455) as of 01.01.2023
16/12/2022 Turkey’s 2023 budget is ratified by parliament
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
12/12/2022 Turkey’s total automotive production increases by 5.7% in first eleven months of 2022
12/12/2022 Turkey’s official unemployment rate is recorded as 10.2% in October 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
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
24/11/2022 Turkish Central Bank cuts interest rate further by 150 basis points to 9%
21/11/2022 No. of foreigners visiting Turkey in first ten months of 2022 increases 88.1% to 39.6 million
16/11/2022 Property sales to foreign nationals in Turkey are 5.2% of total domestic sales in October 2022
15/11/2022 Turkey records a budget deficit of USD 4.5 billion in October 2022
12/11/2022 Turkey’s total automotive production increases by 4.6% in first ten months of 2022
11/11/2022 Turkish Central Bank revises calculation method of its Current Account balance
10/11/2022 Turkey’s official unemployment rate is recorded as 10.1% in September 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
27/10/2022 Turkey’s tourism revenue increases 27.1% to USD 18 billion in 3rd quarter of 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
20/10/2022 Turkish Central Bank cuts interest rate further by 150 basis points to 10.5%
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
14/10/2022 Property sales to foreign nationals in Turkey are 4.5% of total domestic sales in September 2022
11/10/2022 Turkey’s current account deficit is USD 39.7 billion in first eight months of 2022
10/10/2022 Turkey’s official unemployment rate is recorded as 9.6% in August 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
30/09/2022 S&P Global reduces Turkey’s sovereign rating to “B” with stable outlook
30/09/2022 Turkey’s foreign trade deficit is USD 11.2 billion in August 2022
23/09/2022 No. of foreigners visiting Turkey in first eight months of 2022 increases 108.5% to 29.3 million
22/09/2022 Turkish Central Bank persists with a further interest rate cut of 100 basis points to 12%
15/09/2022 Property sales to foreign nationals in Turkey are 4.3% of total domestic sales in August 2022
15/09/2022 Turkish Central Bank’s gross reserves increase by 9.8% to USD 111.2 billion in August 2022
12/09/2022 Turkey’s official unemployment rate is recorded as 10.1% 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
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
31/08/2022 Turkey’s economy grows 7.6% in the second quarter of 2022
29/08/2022 Turkey’s foreign trade deficit rises to USD 10.7 billion in July 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
18/08/2022 Turkish Central Bank shocks with an interest rate cut of 100 basis points to 13%
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
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
10/08/2022 Turkey’s official unemployment rate is recorded as 10.3% in June 2022
03/08/2022 Turkey’s official annual inflation rate rises further to 79.60% in July 2022
03/08/2022 Turkey’s foreign trade deficit is USD 62 billion in first seven months of 2022 per preliminary calculations
02/08/2022 Car sales in Turkey increase 13% in July 2022
29/07/2022 Turkey’s foreign trade deficit is USD 51.4 billion in first half of 2022
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
25/07/2022 Turkey’s total automotive production increases by 26.3% in June 2022
19/07/2022 Property sales to foreign nationals in Turkey reach record of 5.7% of total domestic sales in June 2022
13/07/2022 Turkey’s official unemployment rate is recorded as 10.9% 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
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 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 Turkish banks’ profits increase 434.1% in first 5 months of 2022
25/06/2022 Turkish government introduces capital controls on companies
22/06/2022 Turkey’s consumer confidence index falls to 63.4 points in June 2022, lowest since 2004
20/06/2022 No. of foreigners visiting Turkey in May 2022 closes in on 2019 record
17/06/2022 Turkish Central Bank’s gross reserves decrease by 4.8% to USD 101.7 billion in May 2022
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
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 Turkey’s official unemployment rate is recorded as 11.3% in April 2022
03/06/2022 Turkey’s official annual inflation rate rises further to 73.50% in May 2022
02/06/2022 Automotive sales in Turkey decrease 12% in first five months of 2022
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
23/05/2022 Foreigners visiting Turkey increase by 172.5% in first four months of 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 records a budget deficit of USD 3.4 billion 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
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 foreign trade deficit is USD 6.1 billion in April 2022 per preliminary calculations
05/05/2022 Turkey’s official annual inflation rate climbs to 69.97% in April 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
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 Turkey’s consumer confidence index at 67.3 points in April 2022 lowest since 2004
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
11/04/2022 Turkey’s current account records a deficit of USD 5.2 billion in February 2022
11/04/2022 Turkey’s total automotive production falls by 13.7% in March 2022
11/04/2022 Turkey’s official unemployment rate decreases to 10.7% in February 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
31/03/2022 TÜSİAD elects Orhan Turan as its new president
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
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
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
11/03/2022 Turkey’s current account records a deficit of USD 7.1 billion in January 2022
10/03/2022 Turkey’s official unemployment rate remains same at 11.4% in January 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
28/02/2022 Turkey’s economy grows 11% in 2021
28/02/2022 Turkey’s foreign trade deficit is USD 10.3 billion in January 2022
21/02/2022 Foreigners visiting Turkey increase by 151.4% in January 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
16/02/2022 Turkey’s private sector foreign debt is USD 169.4 billion as of December 2021
15/02/2022 Turkey’s total automotive production falls by 14.7% in January 2022
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 Turkey’s Industrial Production Index increases by 14.4% in December 2021 on previous year
10/02/2022 Turkey’s official unemployment rate remains the same at 11.2% in December 2021
04/02/2022 Turkey’s population announced as 84,680,273 as of 31.12.2021
03/02/2022 Automotive sales in Turkey fall 12.8% in January 2022
03/02/2022 Turkey’s official annual inflation rate rises further to 48.69% in January 2022
02/02/2022 Turkey’s foreign trade deficit is USD 10.4 billion in January 2022 per preliminary calculations
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
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 Turkey’s tourism revenue increases 103% to USD 24.5 billion in 2021
21/01/2022 Number of companies opening in Turkey in 2021 increased by 8.3%
20/01/2022 Turkey’s central administration gross debt stock is USD 206 bln in December 2021
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 Property sales to foreign nationals in Turkey increase by 43.5% to 58,576 units in 2021
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
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
31/12/2021 Turkey’s foreign trade deficit is USD 5.4 billion in November 2021
30/12/2021 Turkey’s economic confidence index decreases 1.8% to 97.6 points in December 2021
24/12/2021 Foreigners visiting Turkey in first eleven months of 2021 increase by 89.6%
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
17/12/2021 Turkey’s 2022 budget is ratified by parliament
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 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
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
30/11/2021 Turkey’s economy grows 7.4% in the third quarter of 2021
29/11/2021 Turkey’s foreign trade deficit is USD 33.9 billion in first 10 months of 2021
22/11/2021 Foreigners visiting Turkey in first ten months of 2021 increase by 88%
22/11/2021 Turkey’s consumer confidence index falls by 7.3% to 71.1 points in November 2021
18/11/2021 Turkish Central Bank decreases its interest rate a further 100 basis points to 15%
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
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
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
01/11/2021 Turkey’s foreign trade deficit is USD 1.5 billion in October 2021 per preliminary calculations
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%
27/10/2021 Turkey’s foreign trade deficit is USD 32.4 billion in first 9 months of 2021
21/10/2021 Turkish Central Bank decreases its interest rate a further 200 basis points to 16%
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
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
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 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
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%
15/09/2021 Turkey records a budget surplus of USD 4.9 billion in August 2021
14/09/2021 Property sales to foreign nationals in Turkey is a record 5,866 units in August 2021
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
10/09/2021 Turkey’s official unemployment rate shoots back up to 12% in July 2021
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 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
31/08/2021 Turkey’s foreign trade deficit is USD 4.3 billion in July 2021
23/08/2021 Foreigners visiting Turkey in first seven months of 2021 increase by 85.4%
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 Fitch keeps Turkey’s credit rating at “BB-“ with a stable outlook
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
10/08/2021 Turkey’s official unemployment rate plunges down to 10.6% in 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 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
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
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 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
30/06/2021 Turkey’s foreign trade deficit is USD 4.1 billion in May 2021
25/06/2021 Foreigners visiting Turkey in first five months of 2021 less 71.2% than in 2019
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
10/06/2021 Turkey’s official unemployment rate rises to 13.9% in 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
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
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
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
10/05/2021 Turkey’s automotive production increases by 28.1% in first four months of 2021
10/05/2021 Turkey’s official unemployment rate is 13.1% in March 2021
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 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
27/04/2021 World Bank sees rise in poverty in Turkey to 12.2% in 2020
15/04/2021 Property sales in Turkey increased by 2.4% 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
12/04/2021 Turkey’s automotive production increases by 19.4% in March 2021
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’s foreign trade deficit is USD 4.7 billion in March 2021 per preliminary calculations
31/03/2021 Turkey’s foreign trade deficit is USD 3.3 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
18/03/2021 Turkish Central Bank increases its interest rate by 200 basis points to 19%
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 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
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
26/02/2021 Turkey’s foreign trade deficit is USD 3 billion in January 2021
22/02/2021 Number of foreigners visiting Turkey falls 71.5% in January 2021
19/02/2021 Turkey’s net international investment position is minus USD 402.9 billion as of 2020 yearend
18/02/2021 Turkey’s short-term external debt stock is USD 138.7 billion as of 2020 yearend
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’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
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 Automotive sales in Turkey were 60.3% higher 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 Turkish Central Bank’s gross reserves increased by 12.8% to USD 93.3 billion in December 2020
22/01/2021 Number of companies opening in Turkey in 2020 increased by 20.5%
20/01/2021 Turkey’s central administration gross debt stock is USD 243.9 billion in December 2020
17/01/2021 Turkey’s automotive production decreases by 11.2% in the year 2020
15/01/2021 Turkey records a budget deficit of USD 24.7 billion for 2020
14/01/2021 Property sales in Turkey increase by 11.2% in 2020
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
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
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
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 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%
20/12/2020 Turkey’s 2021 budget is ratified by parliament
15/12/2020 Turkey records a budget surplus of USD 1.7 billion in November 2020
15/12/2020 Property sales in Turkey fall by 18.7% in November 2020
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 Turkey’s official unemployment rate decreased to 12.7% in September 2020
03/12/2020 Turkey’s annual inflation rate surges to 14.03% in November 2020
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
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
23/11/2020 Number of foreigners visiting Turkey falls 72.5% in first 10 months of 2020
19/11/2020 Turkish Central Bank hikes its interest rate by 475 basis points to 15%
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
11/11/2020 Turkey’s current account deficit is USD 28 billion for first 9 months of 2020
10/11/2020 Turkey’s official unemployment rate is 13.2% in August 2020
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
02/11/2020 Turkey’s foreign trade deficit is USD 40.3 billion in first 10 months of 2020 per preliminary calculations
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
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
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
12/10/2020 Turkey’s automotive production decreased by 19.2% in first 9 months of 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 foreign trade deficit is USD 6.3 billion in August 2020
29/09/2020 Turkey’s New Economic Program for 2021-2023 announced
25/09/2020 Number of foreigners visiting Turkey falls 71.2% in August 2020
24/09/2020 Turkish Central Bank unexpectedly raises interest rate 200 basis points to 10.25%
21/09/2020 Moody’s claims that Turkey’s external position is now at high risk
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 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
10/09/2020 Turkey’s official unemployment rate increases to 13.4% in June 2020
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
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
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
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 current account deficit is USD 19.8 billion for first half of 2020
10/08/2020 Turkey’s official unemployment rate increases marginally to 12.9% in May 2020
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
29/07/2020 Turkey’s foreign trade deficit is up 73.2% at USD 23.9 billion in first half of 2020
25/07/2020 Number of foreigners visiting Turkey falls 75.1% in 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 Istanbul Chamber of Industry publishes survey of Turkey’s Top 500 Industrial Enterprises
14/07/2020 Property sales in Turkey climb 209.7% to 190.012 units in June 2020
13/07/2020 Turkey’s current account deficit is USD 3.8 billion for May 2020
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
03/07/2020 Turkey’s annual inflation rate rises to 12.62% in June 2020
03/07/2020 Automotive sales in Turkey surge by 66.3% 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’s foreign trade deficit reaches USD 21 billion for first five months of 2020
22/06/2020 Number of foreigners visiting Turkey in May 2020 remain at a trickle
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
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
03/06/2020 Turkey’s annual inflation rate moves up to 11.39% in May 2020
02/06/2020 Automotive sales in Turkey in May 2020 fall 2.4% due to continuing coronavirus ordeal
02/06/2020 Turkey’s exports fall 40.9% in May 2020 due to coronavirus per preliminary calculations
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
22/05/2020 Coronavirus pandemic brings to a standstill number of foreigners visiting Turkey in April 2020
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%
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
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
07/05/2020 Turkey’s banking watchdog takes unprecedented steps to prevent manipulation in financial markets
06/05/2020 Automotive sales in Turkey in April 2020 fall 14.6% due to coronavirus pandemic
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 Turkey’s tourism revenue falls 11.4% to USD 4.1 billion in 1st quarter of 2020
30/04/2020 Coronavirus pandemic causes drop of 67.8% in foreigners visiting Turkey in March 2020
30/04/2020 Falling exports results in USD 5,391 million deficit in Turkey’s foreign trade in March 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
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%
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 Coronavirus strikes a deep blow to Turkey’s automotive industry in March 2020
10/04/2020 Turkey’s unemployment rate increases marginally to 13.8% in January 2020
03/04/2020 Turkey’s annual inflation rate moves back down to 11.86% in March 2020
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 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
25/03/2020 Fitch cites deteriorating funding conditions as risk to Turkey’s credit profile
23/03/2020 Foreigners visiting Turkey increased by 3.8% in February 2020
20/03/2020 The annual unemployment rate for 2019 has been announced as 13.7%
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
16/03/2020 Property sales in Turkey rise by 51.3% in February 2020
15/03/2020 Turkey’s automotive production increases 7% in February 2020
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
03/03/2020 Automotive sales in Turkey increase by 89.4% 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
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
24/02/2020 Foreigners visiting Turkey increased by 16.1% in January 2020
21/02/2020 Turkey’s external assets reached USD 250.6 billion as of December 2019
20/02/2020 Turkey’s short-term external debt stock is USD 118.2 billion as of December 2019
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’s car production increases 5.6%, but commercial vehicles down 10.1% in January 2020
14/02/2020 Property sales in Turkey rise by 55.8% in January 2020
10/02/2020 Turkey’s unemployment rate decreases slightly to 13.3% in November 2019
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 trade deficit for January 2020 surges 85.4% to USD 4.6 billion per preliminary calculations
03/02/2020 Turkey’s annual inflation rate increases to 12.15% in January 2020
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 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
28/01/2020 Turkish Central Bank’s gross reserves increase 13.4% to USD 105.5 billion in 2019
24/01/2020 Number of companies closing in Turkey increases 5% in 2019
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
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
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 Turkey’s unemployment rate decreases to 13.4% in October 2019
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
31/12/2019 Turkey’s foreign trade deficit falls 48.8% to USD 26.8 billion in first 11 months of 2019
30/12/2019 Foreigners visiting Turkey in first 11 months of 2019 increase 14.3% to 42.9 million
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
17/12/2019 Property sales in Turkey increase by 54.4% in November 2019
16/12/2019 Turkey’s car production recuperates with a welcoming increase of 9.1% in November 2019
16/12/2019 Turkey’s unemployment rate decreases slightly to 13.8% in September 2019
12/12/2019 Turkish Central Bank reduces interest rate by 200 basis points to 12%
11/12/2019 Turkey shows a current account surplus of USD 1,549 million in October 2019
03/12/2019 Turkey’s annual inflation rate increases back up to 10.56% in November 2019
03/12/2019 Automotive sales in Turkey fall 28.5% in first eleven months of November 2019
02/12/2019 Turkey’s trade deficit for first 11 months of 2019 falls 49% to USD 26.7 billion per preliminary calculations
02/12/2019 Turkey’s economy recorded a growth of 0.9% in the third quarter of 2019
29/11/2019 Turkey’s foreign trade deficit falls 52.5% to USD 24,5 billion in first 10 months of 2019
29/11/2019 Foreigners visiting Turkey in first 10 months of 2019 increase 14.5% to 40.7 million
22/11/2019 Turkish parliament passes new taxes into law
18/11/2019 Property mortgage sales in Turkey increase over 5 times in October 2019
15/11/2019 Turkey’s unemployment rate increases to 14% in August 2019
15/11/2019 Turkey records a budget deficit of USD 2.6 billion in October 2019
15/11/2019 Turkey’s private sector foreign debt is USD 207.2 billion as of September 2019
12/11/2019 Turkey shows a current account surplus of USD 2,477 million in September 2019
11/11/2019 Turkey’s automotive exports fall 7.5% in October 2019
07/11/2019 EU Commission says the resilience of the Turkish economy is wearing thin
04/11/2019 Automotive sales in Turkey shoot up 127.5% in October 2019
04/11/2019 Turkey’s annual inflation rate falls further to 8.55% in October 2019
02/11/2019 Turkey’s trade deficit for first 10 months of 2019 falls 52.7% to USD 24.4 billion per preliminary calculations
31/10/2019 Foreigners visiting Turkey in first 9 months of 2019 increase 14.5% to 36.4 million
31/10/2019 Turkey’s tourism revenue increases 22% to USD 14 billion in 3rd quarter of 2019
31/10/2019 Turkey’s foreign trade deficit falls 55.7% to USD 22.7 billion in first 9 months of 2019
24/10/2019 Turkey rises to No.33 in World Bank’s Doing Business report 2020
24/10/2019 Turkish Central Bank reduces interest rate by 250 basis points to 14%
16/10/2019 Property sales in Turkey increase 15.4% in September 2019
16/10/2019 Turkey’s private sector foreign debt is USD 208.4 billion as of August 2019
16/10/2019 Turkey’s domestic automotive sales help production to increase by 2.5% in September 2019
15/10/2019 Turkey’s unemployment rate jumps up to 13.9% in July 2019
11/10/2019 Turkey shows a current account surplus of USD 2,604 million in August 2019
03/10/2019 Turkey’s annual inflation rate drops to 9.26% in September 2019
02/10/2019 Turkey’s trade deficit for first 9 months of 2019 falls 55.8% to USD 22.6 billion per preliminary calculations
02/10/2019 Automotive sales in Turkey surge up 82.4% in September 2019
30/09/2019 Foreigners visiting Turkey in first 8 months of 2019 increase 14.7% to 31 million
30/09/2019 Turkey’s foreign trade deficit was USD 2.5 billion in August 2019
30/09/2019 Turkey’s New Economic Program for 2020-2022 announced
18/09/2019 Property sales in Turkey increase 5.1% in August 2019
16/09/2019 Turkey’s unemployment rate increases to 13% in June 2019
16/09/2019 Turkey’s automotive exports help production increase by 10.7% in August 2019
13/09/2019 Turkey shows a current account surplus of USD 1,158 million in July 2019
12/09/2019 Turkish Central Bank reduces interest rate by 325 basis points to 16.50%
04/09/2019 Turkey’s trade deficit is USD 2.5 billion in August 2019 per preliminary calculations
03/09/2019 Automotive sales in Turkey fall 23.6% in August 2019
03/09/2019 Turkey’s annual inflation rate falls to 15.01% in August 2019
02/09/2019 Turkey’s economy contracted by 1.5% in the second quarter of 2019
29/08/2019 Turkey’s foreign trade deficit fell 46.9% to USD 3.2 billion in July 2019
29/08/2019 Turkey’s automotive imports fall 70% in July 2019
29/08/2019 Number of foreigners visiting Turkey on track to reach 45 million in 2019
29/08/2019 Turkey has been stunned with a flurry of price increases in August 2019
15/08/2019 Turkey’s unemployment rate decreases to 12.8% in May 2019
09/08/2019 Turkey shows a surplus of USD 538 million in its 12 month rolling current account balance in June 2019
05/08/2019 Turkey’s annual inflation rate increases to 16.65% in July 2019
05/08/2019 Turkey’s trade deficit is USD 3.2 billion in July 2019 per preliminary calculations
02/08/2019 Automotive sales in Turkey fall 66% in July 2019
31/07/2019 Turkey’s tourism revenue increases 13.2% to USD 8 billion in 2nd quarter of 2019
31/07/2019 Turkey’s foreign trade deficit fell 63.6% to USD 14.8 billion in first half of 2019
31/07/2019 Number of foreigners visiting Turkey in first half of 2019 increases by 13.2% to 18.1 million
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 Turkey’s Parliament ratifies 11th Development Plan
17/07/2019 Property sales in Turkey fall 48.6% in June 2019
16/07/2019 Turkey records a budget deficit of USD 14.1 billion for the first half of 2019
16/07/2019 Turkey’s unemployment rate falls further to 13% in April 2019
15/07/2019 Turkey’s automotive production falls 12.8% in the first half of 2019
12/07/2019 Fitch downgrades Turkey to BB- with negative outlook
11/07/2019 Turkey records a USD 151 million current account surplus in May 2019
03/07/2019 Turkey’s annual inflation rate falls to 15.72% in June 2019
02/07/2019 Turkey’s exports fall 14.2% to USD 11.1 billion in June 2019 per preliminary calculations
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
28/06/2019 Turkey’s foreign trade deficit fell 76.5% to USD 1.8 billion in May 2019
28/06/2019 Number of foreigners visiting Turkey in May 2019 increases by 9.4%
17/06/2019 Turkey’s unemployment rate falls to 14.1% in March 2019
17/06/2019 Property sales in Turkey fall 31.3% in May 2019
15/06/2019 Turkey’s automotive production falls 12.1% in the first five months of 2019
15/06/2019 Moody's downgrades Turkey's ratings to B1 with negative outlook
14/06/2019 Turkey’s current account deficit falls 76.2% to USD 1,334 million in April 2019
11/06/2019 Automotive sales in Turkey fall 54.6% in May 2019
04/06/2019 Turkey’s exports hit a new record high of USD 16 billion in May 2019 per preliminary calculations
03/06/2019 Turkey’s annual inflation rate moves down to 18.71% in May 2019
31/05/2019 Turkey’s economy contracted by 2.6% in the first quarter of 2019
31/05/2019 Turkey’s foreign trade deficit was USD 3 billion in April 2019
31/05/2019 Number of foreigners visiting Turkey in April 2019 leaps up by 24%
28/05/2019 Turkey’s economic confidence index falls by 8.5% in May 2019
28/05/2019 Turkish Central Bank’s reserves fall a further 4.3% to USD 92.8 billion as of the end of April 2019
21/05/2019 Turkey’s consumer confidence index plummets 12.9% to 55.3 points in May 2019
16/05/2019 Foreign interest in property in Turkey continues in April 2019
15/05/2019 Turkey records a budget deficit of USD 3.1 billion in April 2019
15/05/2019 Turkey’s unemployment rate remains at 14.7% in February 2019
13/05/2019 Turkey’s current account deficit falls 87.6% to USD 589 million in March 2019
11/05/2019 Turkey’s automotive imports decrease 62.2% in April 2019
04/05/2019 Turkey’s foreign trade deficit is USD 3 billion in April 2019 per preliminary calculations
03/05/2019 Turkey’s annual inflation rate steadies at 19.50% in April 2019
03/05/2019 Automotive sales in Turkey fall 56.5% in April 2019
30/04/2019 Turkey’s tourism revenue increases 4.6% to USD 4.6 billion in 1st quarter of 2019
30/04/2019 Turkey’s foreign trade deficit was USD 2,1 billion in March 2019
29/04/2019 Number of foreigners visiting Turkey in 1st quarter of 2019 increased by 6.1% to 5.4 million
17/04/2019 Property sales to foreigners in Turkey remain strong in March 2019
15/04/2019 Turkey’s unemployment rate advances to 14.7% in January 2019
15/04/2019 Turkey records a budget deficit of USD 6.6 billion in first quarter of 2019
13/04/2019 Turkey’s automotive production fell 15% in the 1st quarter of 2019
11/04/2019 Turkish government announces new economic reform agenda
11/04/2019 Turkey’s current account deficit falls 84% to USD 718 million in February 2019
05/04/2019 Turkey’s recession results hit EBRD’s 2018 profits
04/04/2019 Turkey’s foreign trade deficit is USD 2.1 billion in March 2019 per preliminary calculations
03/04/2019 Turkey’s annual inflation rate 19.71% in March 2019
02/04/2019 Automotive sales in Turkey fell 44.2% in 1st quarter of 2019
29/03/2019 Turkey’s foreign trade deficit was USD 2,1 billion in February 2019
29/03/2019 Number of foreigners visiting Turkey in February 2019 increases by 9.4% to 1.7 million
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
20/03/2019 Turkey’s automotive exports fall 12.6% in February 2019
18/03/2019 Foreigners’ share of Turkey’s domestic property sales remain at over 4% in February 2019
15/03/2019 Turkey’s unemployment rate swells to 13.5% in December 2018
12/03/2019 Turkey’s economy grew by 2.6% in 2018
12/03/2019 Turkey’s current account deficit falls 88.4% to USD 813 million in January 2019
11/03/2019 Turkey’s economy contracted by 3% in the fourth quarter of 2018
06/03/2019 Automotive sales in Turkey fell by 47.1% in February 2019
04/03/2019 Turkey’s annual inflation rate moves down to 19.67% in February 2019
04/03/2019 Turkey’s foreign trade deficit is USD 2.2 billion in February 2019 per preliminary calculations
28/02/2019 TurkStat to calculate foreign trade statistics according to general trade system (GTS)
28/02/2019 Turkey’s foreign trade deficit was USD 2,5 billion in January 2019
20/02/2019 TÜSİAD elects Simone Kaslowski as its new president
19/02/2019 Turkey’s private sector foreign debt is USD 225.8 billion as of 2018 yearend
18/02/2019 Total property sales in Turkey fall by 24.8% in January 2019
16/02/2019 Turkish Central Bank records Turkey’s FDI for 2018 as USD 13.2 billion
15/02/2019 Turkey’s unemployment rate surges further up to 12.3% in November 2018
15/02/2019 Turkey records a budget surplus of USD 977 million in January 2019
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
04/02/2019 Turkey’s foreign trade deficit is USD 2.5 billion in January 2019 per preliminary calculations
04/02/2019 Automotive sales in Turkey fell by 59% in January 2019
04/02/2019 Turkey’s annual inflation rate steadies at 20.35% 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
28/01/2019 Turkish Central Bank’s reserves fall 13.6% in 2018 to USD 93 billion
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
15/01/2019 Turkey records a budget deficit of USD 16 billion for 2018
15/01/2019 Turkey’s unemployment rate climbs to 11.6% in October 2018
14/01/2019 Turkey’s automotive production falls 8.6% in 2018
11/01/2019 Turkey records a current account surplus of USD 986 million in November 2018
08/01/2019 Turkish Treasury reports a cash deficit of USD 15.5 billion for 2018
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
31/12/2018 Turkey’s foreign trade deficit was USD 651 million in November 2018
25/12/2018 Turkey’s net minimum wage has been raised 26.05% to TL 2,020 (USD 381)
20/12/2018 Property sales in Turkey to foreigners continues to exceed in November 2018
17/12/2018 Turkey’s unemployment rate moves up to 11.4% in September 2018
17/12/2018 Turkey’s automotive production falls 21.2% in November 2018
11/12/2018 Turkey records a current account surplus of USD 2.8 billion in October 2018
10/12/2018 Turkey’s economy grows by 1.6% in the third quarter of 2018
04/12/2018 Automotive sales in Turkey fall by 42.3% in November 2018
03/12/2018 Turkey’s exports continue to power ahead with USD 15.5 billion in November 2018
03/12/2018 Turkey’s annual inflation rate falls back down to 21.62% in November 2018
01/12/2018 Turkey’s foreign trade deficit is USD 604 million in November 2018 per preliminary calculations
30/11/2018 Turkey’s foreign trade deficit of USD 456 million in October 2018 is lowest for over 15 years
30/11/2018 Number of foreigners visiting Turkey in first ten months of 2018 increases by 22.4% to 35.6 million
15/11/2018 Turkey’s unemployment rate moves up to 11.1% in August 2018
13/11/2018 Turkey’s automotive production falls 16% in October 2018
12/11/2018 Turkey records a current account surplus of USD 1.8 billion in September 2018
05/11/2018 Turkey’s annual inflation rate moves slightly up to 25.24% in October 2018
02/11/2018 Automotive sales in Turkey collapse 76.5% in October 2018
01/11/2018 Turkey’s exports achieve record high of USD 15.7 billion in October 2018
01/11/2018 Turkey’s foreign trade deficit falls to record low USD 529 million in October 2018 per preliminary calculations
31/10/2018 Turkey’s economic confidence index falls a further 4.9% in October 2018
31/10/2018 Turkish government announces tax cut package
31/10/2018 Turkey’s foreign trade deficit is USD 51.1 billion for the first nine months of 2018
31/10/2018 Turkey’s tourism revenue only increases by 1% in the third quarter of 2018
31/10/2018 Number of foreigners visiting Turkey in the first nine months of 2018 increases by 22.1%
31/10/2018 Turkey one of top 10 most improving countries in World bank’s Doing Business report 2019
26/10/2018 Turkish Central Bank’s reserves fall 4.7% to USD 84.7 billion as of end of September 2018
21/10/2018 Second phase of driverless metro in Istanbul starts operating
19/10/2018 SOCAR opens giant new oil refinery in Izmir, Turkey
15/10/2018 Turkey’s unemployment rate continues upward trend to 10.8% in July 2018
12/10/2018 Turkey’s automotive production recovers in September 2018 due to strong export demand
11/10/2018 Turkey’s current account surplus of USD 2.6 billion in August 2018 is first surplus in 3 years
03/10/2018 Turkey’s annual inflation rate surges forward to 24.52% in September 2018
02/10/2018 Automotive sales in Turkey plummet by 67.7% in September 2018
01/10/2018 Turkey hikes up electricity and natural gas prices for the third month in a row
01/10/2018 Turkey’s exports rebound up 22.6% to USD 14.5 billion in September 2018
01/10/2018 Turkey’s foreign trade deficit falls 76.9% in September 2018 to USD 1.9 billion per preliminary calculations
28/09/2018 Number of foreigners visiting Turkey in the first eight months of 2018 increases by 22.9%
28/09/2018 Turkey’s foreign trade deficit falls to USD 2.4 billion in August 2018
28/09/2018 Turkish Central Bank’s reserves fall 11.8% to USD 88.9 billion as of end of August 2018
27/09/2018 Fortune 500 list has been published for Turkey
27/09/2018 Turkey’s economic confidence index plunges down by 15.4% in September 2018
20/09/2018 Turkish Treasury and Finance Ministry unveils its Medium Term Programme
20/09/2018 Turkey’s consumer confidence index plummets 13.2% to 59.3 points in September 2018
19/09/2018 Middle-eastern nationals at the forefront of jump in property sales to foreigners in Turkey in August 2018
19/09/2018 Turkey lowers investment limits for foreigners to acquire Turkish citizenship
17/09/2018 Turkey’s unemployment rate increases to 10.2% in June 2018
14/09/2018 Use of foreign currency banned in contracts between Turkish citizens
14/09/2018 Turkey’s current account deficit narrows to USD 1.8 billion in July 2018
14/09/2018 Turkey’s automotive production falls 34% in August 2018
14/09/2018 Turkish President indicates significant cuts in government expenditure
13/09/2018 Turkish Central Bank raises interest rate 625 basis points to 24%
13/09/2018 Turkish President appoints himself chairman of Turkey’s Sovereign Wealth Fund
10/09/2018 Turkey’s economy grows by 5.2% in the second quarter of 2018
07/09/2018 Two more well-known Turkish brands apply to bankruptcy proceedings
07/09/2018 Turkey’s Treasury to issue gold bonds to attract idle gold into the economy
06/09/2018 Turkish Central Bank’s reserves fall to USD 88.8 billion as of end of August 2018
04/09/2018 Export F/X proceeds to be repatriated to the Turkish banking system
04/09/2018 Automotive sales in Turkey collapse by 52.7% in August 2018
03/09/2018 Turkey’s annual inflation rate moves up to 17.90% in August 2018
03/09/2018 Turkey’s foreign trade activity falls 15.9% in August 2018 per preliminary calculations
01/09/2018 Turkey announces 9-16.2% price rises for electricity and natural gas
01/09/2018 Hotiç footwear manufacturer applies for banktruptcy proceedings
01/09/2018 Turkey’s exports fall 6.5% in August 2018 to USD 12.4 billion
31/08/2018 Turkish government adjusts deposit account withholding tax rates to help stem fall in Turkish lira
29/08/2018 Turkey’s economic confidence index plummets 9% in August 2018
29/08/2018 Turkey’s foreign trade deficit is USD 6 billion in July 2018
29/08/2018 Increase in number of foreigners visiting Turkey in July 2018 falls to 11.7%
18/08/2018 S&P and Moody’s lower Turkey’s credit ratings
15/08/2018 Turkey’s unemployment rate increases marginally to 9.7% in May 2018
15/08/2018 Middle-eastern nationals lead surge in property sales to foreigners in Turkey in July 2018
15/08/2018 Turkey’s banking watchdog limits access to Turkish lira through swaps
13/08/2018 Turkish Central Bank takes action to support the Turkish Lira
10/08/2018 Turkey’s current account deficit improves to USD 3 billion in June 2018
03/08/2018 Turkey’s annual inflation rate continues rise to 15.85% in July 2018
03/08/2018 Turkey’s foreign trade deficit is USD 6 billion in July 2018 per preliminary calculations
02/08/2018 Severe fall in automotive sales reflects Turkey’s general economic woes
01/08/2018 Turkey’s exports in July 2018 strengthen by 11.8% to USD 14.1 billion
31/07/2018 Turkey’s foreign trade deficit increases 31.6% to USD 40.7 billion in the first half of 2018
16/07/2018 Turkey records a budget deficit for June 2018 of USD 5.6 billion
16/07/2018 Moody’s expects problem bank loans in Turkey to jump above 4% in next 12-18 months
13/07/2018 Turkey’s automotive production falls 7.1% in June 2018
11/07/2018 Turkey’s current account deficit is USD 5.9 billion in May 2018
05/07/2018 Turkish banks apply to the Competition Authority to take over 55% of Türk Telekom
03/07/2018 Turkey’s annual inflation rate climbs to 15.39% in June 2018
03/07/2018 Turkey’s automotive sales plummet 39% in June 2018
02/07/2018 Turkey’s foreign trade deficit is USD 5.5 billion in June 2018
02/07/2018 Turkey’s exports in June 2018 weaken to USD 12.6 billion, a 9.7% fall on May 2018
29/06/2018 Turkey’s gross external debt stock is USD 466.7 billion as of the end of the 1st quarter of 2018
29/06/2018 Turkey’s foreign trade deficit increases 41.4% to 35.2 billion in the first five months of 2018
29/06/2018 Number of foreigners visiting Turkey in the first five months of 2018 rises by 30.8%
22/06/2018 FDI to Turkey falls by 21.9% to USD 3,097 million in first four months of 2018
18/06/2018 Turkey’s unemployment rate decreases to 10.1% in March 2018
11/06/2018 Turkey’s current account deficit is USD 5.4 billion in April 2018
11/06/2018 Turkey’s economy grows by 7.4% in the first quarter of 2018
07/06/2018 Turkish Central Bank makes decisive hike to its main policy interest rate to 17.75%
04/06/2018 Turkey’s annual inflation rate rise to 12.15% in May 2018 reflects slump in Turkish lira
04/06/2018 Turkey’s automotive sales fall 14.8% in May 2018
02/06/2018 Turkey’s foreign trade deficit is USD 7.7 billion in May 2018
02/06/2018 Moody’s places Turkey’s credit ratings on review for downgrade
01/06/2018 Fitch has placed 25 Turkish banks’ ratings on “watch negative”
01/06/2018 Turkey’s exports in May 2018 are 12.2% higher than same month of previous year
31/05/2018 Turkey’s foreign trade deficit increases 56.2% to 27,4 billion in the first four months of 2018
30/05/2018 Moody’s revises Turkey’s growth forecast for 2018 down to 2.5%
30/05/2018 Turkey’s economic confidence index falls 4.9% in May 2018
30/05/2018 ISO 500 total production sales increase by 33.3% in 2017
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
18/05/2018 Property sales to foreigners in Turkey increase by 25.8% in April 2018
18/05/2018 Turkey prepares to respond to U.S. steel and aluminium tariffs
15/05/2018 Turkey’s unemployment rate decreases to 10.6% in February 2018
14/05/2018 Turkey’s automotive production falls 7.1% in April 2018
14/05/2018 Turkey’s automotive production falls 7.1% in April 2018
14/05/2018 Turkey’s current account deficit is USD 4.8 billion in March 2018
07/05/2018 Turkish introduces tax incentives ahead of the snap elections
03/05/2018 Turkey’s automotive sales fall 6.4% in April 2018
03/05/2018 Turkey’s annual inflation rate moves up to 10.85% in April 2018
02/05/2018 Turkey’s exports in April 2018 are 10.3% below previous month but 15% above same month of previous year
02/05/2018 Turkey’s foreign trade deficit is USD 6.7 billion in April 2018
02/05/2018 S&P unexpectedly reduces Turkey’s credit rating further into the wilderness
30/04/2018 Turkey’s Tourism Revenue increases 31.3% in the first quarter of 2018
30/04/2018 Number of foreigners visiting Turkey in the first quarter of 2018 rises by 34.9%
30/04/2018 Turkey’s foreign trade deficit reaches USD 20.7 billion in the first quarter of 2018
25/04/2018 Turkish Central Bank raises its late liquidity window rate by 75 base points to 13.50%
16/04/2018 Turkey records a budget deficit for March 2018 of USD 5,1 billion
16/04/2018 Turkey’s unemployment rate increases to 10.8% in January 2018
16/04/2018 Turkey’s automotive production stagnates in first quarter of 2018
16/04/2018 Turkey’s automotive production stagnates in first quarter of 2018
11/04/2018 Turkey’s current account deficit is USD 4.2 billion in February 2018
09/04/2018 Ceremony is held for inauguration of Turkey’s USD 33 billion incentive package
06/04/2018 Turkish Lira has settled above the critical level of 4 to the US dollar
03/04/2018 Turkey’s annual inflation rate remains steady at 10.23% in March 2018
02/04/2018 Turkey’s foreign trade activity hits all-time monthly high in March 2018
01/04/2018 Turkey’s exports hit all time high of USD 15.1 million in March 2018
30/03/2018 Turkey’s foreign trade deficit increases by 54.2% to USD 5.8 billion in February 2018
29/03/2018 Turkey’s economy grew by 7.4% in 2017
27/03/2018 Turkey’s automotive production increases by 2.1% in February 2018
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 Turkey’s private sector’s foreign debt increases by USD 5.7 billion in January 2018
12/03/2018 Turkey’s current account deficit is USD 7.1 billion in January 2018
08/03/2018 Moody’s downgrades Turkey’s sovereign rating to Ba2 from Ba1
05/03/2018 Turkey’s annual inflation rate falls slightly to 10.26% in February 2018
02/03/2018 Turkey’s foreign trade figures show big improvement in February 2018
01/03/2018 Turkey’s automotive exports revive to take 21.7% share in February 2018
28/02/2018 Turkey’s foreign trade deficit increases by 108.8% to USD 9.1 billion in January 2017
23/02/2018 FDI to Turkey falls by 18.8% to USD 10,830 million in 2017
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
05/02/2018 Turkey’s annual inflation rate drops to 10.35% in January 2018
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 Turkey’s Tourism Revenue increases 18.9% in 2017
31/01/2018 Turkey’s foreign trade deficit increases by 36.8% in 2017
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 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
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
01/12/2017 TÜSİAD elects Erol Bilecik as its new president
12/11/2017 Turkey’s economy grows by an amazing 11.1% in the third quarter of 2017
26/10/2017 Germany pushes to cut funding to Turkey
27/09/2017 Turkish government announces its medium-term economic programme (2018-2020)
11/09/2017 Turkey’s economy grows by formidable 5.1% in the second quarter of 2017
19/07/2017 IMF praises Turkey for its progress towards fiscal transparency
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
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
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
15/03/2017 Turkey’s unemployment rate leaps to 12.7% in December 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
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
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
14/01/2017 Construction companies look to take advantage of citizenship incentive
10/01/2017 Turkish Central Bank steps in to try to stem fall in Turkish lira
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
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 %
Turkey’s net minimum wage has been raised 49% to TL 17,002 (USD 577) as of 01.01.2024       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 71.60% in June 2024       Turkey’s official unemployment rate is 8.4% in May 2024       Read our BUSINESS section for latest sectoral and corporate news       Turkey’s population is 85,372,377 as of 2023 yearend       No. of foreigners visiting Turkey in 2023 increases 10.4% to 49.2 million       Turkey’s private sector foreign debt is USD 164 billion as of yearend 2023       Turkey’s economy grew 4.5% in 2023       FDI to Turkey is USD 10.6 billion in 2023       Turkey’s current account deficit is USD 45 billion in 2023