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Turkey’s external assets reached USD 250.6 billion as of December 2019 21/02/2020
Turkey’s short-term external debt stock is USD 118.2 billion as of December 2019 20/02/2020
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 19/02/2020
Turkey’s car production increases 5.6%, but commercial vehicles down 10.1% in January 2020 17/02/2020
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 14/02/2020
Turkey’s unemployment rate decreases slightly to 13.3% in November 2019 10/02/2020
Automotive sales in Turkey increase by 89.8% in January 2019 04/02/2020
Turkey’s population announced as 83,154,997 as of 31.12.2019 04/02/2020
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 03/02/2020
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 non-performing loans are USD 25.4 billion, 5.37% of total loans as of yearend 2019 30/01/2020
Turkish Central Bank’s gross reserves increase 13.4% to USD 105.5 billion in 2019 28/01/2020
Number of companies closing in Turkey increases 5% in 2019 24/01/2020
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 20/01/2020
Turkish Central Bank reduces interest rate by 75 basis points to 11.25% 16/01/2020

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CATEGORY

LATEST NATIONAL NEWS

41 confirmed dead in 6.8 earthquake in Turkey’s eastern provinces
26/01/2020
Turkey lifts ban on Wikipedia
16/01/2020
Opening of TurkStream gas pipeline inaugurated in Istanbul
09/01/2020
Turkey unveils its indigenous car to the public
27/12/2019
Trump signs defence bill including sanctions against Turkey
21/12/2019
Tender for Canal Istanbul project to be offered in coming weeks
21/12/2019
Trump-Erdoğan summit confirms the status-quo
14/11/2019
President Trump lifts sanctions imposed on Turkey
23/10/2019
Turkey and Russia agree on Turkish “safe zone” in Syria
22/10/2019
US imposes sanctions on Turkish ministries and ministers
15/10/2019
Turkey launches attack on Syrian Kurdish forces
09/10/2019
US President Trump threatens to “obliterate” Turkey’s economy
08/10/2019
President Erdoğan presents case for safe zone in Syria at UN
25/09/2019
Canadian gold mine in Turkey causes environmental protests
07/08/2019
Eid al-Adha (Feast of Sacrifice) holiday starts on August 10th
19/07/2019

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ECONOMY NEWS

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BRENT OIL 58.15 % -1.96

INTEREST 11.39 % 0.31

WHAT WOULD YOU LIKE TO KNOW ABOUT TURKEY ? ENQUIRIES

EVENTS

DOING BUSINESS IN TURKEY

Articles

27/01/2020 Will Turkey be confronted with a growing debt problem in 2020 ?

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20/01/2020 Risk of surge in bankruptcies faces Turkey in 2020

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17/01/2020 Is Canal Istanbul really worth the cost and resultant upheaval ?

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14/01/2020 Turkish private hospitals are pinning their hopes on health tourism

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13/01/2020 Is Turkey's new indigenous car commercially viable ?

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25/12/2019 Is the Turkish economy on the brink of sliding back into the abyss ?

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11/11/2019 Turkish Airlines manages to fly through turbulent weather

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23/09/2019 Overview of PPP model in Turkey

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Turkey’s net minimum wage has been raised 15.04% to TL 2,324.70 (USD 391) as of 01.01.2020

Migration communication helpline 157 available for foreigners in Turkey

Read our homepage articles on developments in the Turkish economy

Turkey’s annual inflation rate increases to 12.15% in January 2020

Turkey’s unemployment rate decreases slightly to 13.3% in November 2019

Read our BUSINESS section for latest sectoral and corporate news

Turkey’s population is 83,154,997 as of 2019 yearend

Foreigners visiting Turkey in 2019 increase by 14.1% to a record 45.1 million

Turkey’s private sector foreign debt is USD 200.9 billion as of 2019 yearend

Turkey’s economy recorded a growth of 0.9% in the third quarter of 2019

Turkey records current account surplus of USD 1,674 million for the year 2019