Turkey Economic Calendar

Economy of Turkey

The Turkish economy is the nineteenth biggest in the world and is an emerging market economy. In recent years, Turkey's financial and currency markets have been unstable, and the country's economic future is unclear due to political unrest and participation in regional violent conflicts.

The service sector accounts for the majority of the Gross Domestic Product (GDP), followed by the industrial and agricultural sectors.

Electronics, petrochemicals, automobile manufacture, textiles, building materials, and household appliances are among the major industries.

Turkey's largest commercial partners include Germany, Russia, the United Kingdom, the United Arab Emirates, Iraq, Italy, and China, with several of them ranking first in both exports and imports.

Bank of Turkey

Turkey's central bank is the Central Bank of the Republic of Turkey (CBRT), it is responsible for the issuance and management of the Turkish Lira (TRY), the national currency of Turkey and Northern Cyprus, as well as the implementation of monetary policy and management of foreign exchange reserves.

Interest Rate of Turkey

The Central Bank of the Republic of Turkey's Monetary Policy Committee is in charge of setting the Interest Rates on government bonds. In 2018, The central bank altered its monetary policy strategy. Previously, it utilized a system with four primary key rates. One of the most closely watched was the late liquidity window loan rate.

Turkey Economic Calendar

May 23, 07:00
1 day
TRY Consumer Confidence (May)
Medium
80.5
81.5
May 23, 11:00
1 day
TRY TCMB Interest Rate Decision
Low
50%
50%
May 23, 11:00
1 day
TRY Overnight Borrowing Rate (May)
Low
47%
47%
May 23, 11:00
1 day
TRY Overnight Lending Rate (May)
Low
53%
53%
May 23, 11:30
1 day
TRY Foreign Exchange Reserves (May/17)
Low
$66.75B
May 24, 08:00
2 days
TRY Tourist Arrivals YoY (Apr)
Low
15.65%
12%
May 27, 07:00
5 days
TRY Capacity Utilization (May)
Low
76.7%
May 27, 07:00
5 days
TRY Business Confidence (May)
Medium
106.1
May 30, 07:00
8 days
TRY Balance of Trade (Apr)
Low
-$7.34B
-$9.9B
May 30, 07:00
8 days
TRY Economic Confidence Index (May)
Low
99
May 30, 07:00
8 days
TRY Exports (Apr)
Low
$22.57B
$19.3B
May 30, 07:00
8 days
TRY Imports (Apr)
Low
$29.91B
$29.2B
May 30, 11:00
8 days
TRY MPC Meeting Summary
Low
May 30, 11:30
8 days
TRY Foreign Exchange Reserves (May/24)
Low
May 31, 07:00
9 days
TRY GDP Growth Rate YoY (Q1)
Medium
4%
2.5%
May 31, 07:00
9 days
TRY GDP Growth Rate QoQ (Q1)
Medium
1%
0.4%
May 31, 11:00
9 days
TRY Financial Stability Report
Low
Jun 03, 07:00
12 days
TRY Istanbul Chamber of Industry Manufacturing PMI (May)
Low
49.3
49.7
Jun 03, 07:00
12 days
TRY Inflation Rate MoM (May)
Medium
3.18%
Jun 03, 07:00
12 days
TRY PPI YoY (May)
Low
55.66%
Jun 03, 07:00
12 days
TRY PPI MoM (May)
Low
3.6%
Jun 03, 07:00
12 days
TRY Inflation Rate YoY (May)
Medium
69.8%
76%
Jun 03, 07:00
12 days
TRY Auto Sales YoY (May)
Low
-22.3%
-18%
Jun 03, 08:00
12 days
TRY Exports (May)
Low
Jun 03, 08:00
12 days
TRY Balance of Trade (May)
Medium
Jun 03, 08:00
12 days
TRY Imports (May)
Low
Jun 06, 11:30
15 days
TRY Foreign Exchange Reserves (May/31)
Low
Jun 07, 14:30
17 days
TRY Treasury Cash Balance (May)
Low
Jun 10, 07:00
19 days
TRY Unemployment Rate (Apr)
Medium
Jun 10, 07:00
19 days
TRY Participation Rate (Apr)
Low
Jun 10, 07:00
19 days
TRY Current Account (Apr)
Low
Jun 10, 07:00
19 days
TRY Industrial Production YoY (Apr)
Medium
Jun 10, 07:00
19 days
TRY Industrial Production MoM (Apr)
Low
Jun 11, 07:00
20 days
TRY Retail Sales MoM (Apr)
Low
Jun 11, 07:00
20 days
TRY Retail Sales YoY (Apr)
Low
Jun 13, 11:30
22 days
TRY Foreign Exchange Reserves (Jun/07)
Low
Jun 14, 08:00
23 days
TRY Budget Balance (May)
Low
Jun 14, 13:00
23 days
TRY Auto Production YoY (May)
Low
Jun 15, 00:00
24 days
TRY Early Market Close in Observance of Eid Al-Adha
None
Jun 16, 00:00
25 days
TRY Eid Al-Adha
None
Jun 17, 00:00
26 days
TRY Eid Al-Adha
None
Jun 18, 00:00
27 days
TRY Eid Al-Adha
None
Jun 19, 00:00
28 days
TRY Eid Al-Adha
None
Jun 20, 07:00
29 days
TRY Consumer Confidence (Jun)
Medium
85

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