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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 30, 07:00
TRY Balance of Trade (Apr)
Low
-$8.35B
-$8.85B
-$8.74B
May 30, 07:00
TRY Exports (Apr)
Low
$23.6B
$19.32B
$19.3B
May 30, 07:00
TRY Imports (Apr)
Low
$31.9B
$28.16B
$28.1B
May 31, 07:00
10h 35min
TRY GDP Growth Rate QoQ (Q1)
Medium
0.9%
-0.5%
May 31, 07:00
10h 35min
TRY GDP Growth Rate YoY (Q1)
Medium
3.5%
3.9%
Jun 01, 07:00
1 day
TRY Istanbul Chamber of Industry Manufacturing PMI (May)
Low
51.5
51.1
Jun 01, 11:00
1 day
TRY MPC Meeting Summary
Medium
Jun 01, 11:30
1 day
TRY Foreign Exchange Reserves (May/26)
Low
$58.83B
Jun 02, 11:00
2 days
TRY Balance of Trade (May)
Medium
-$8.74B
-$11.2B
Jun 02, 11:00
2 days
TRY Exports (May)
Low
$19.3B
$16.2B
Jun 02, 11:00
2 days
TRY Imports (May)
Low
$28.1B
$27.4B
Jun 05, 07:00
5 days
TRY Inflation Rate MoM (May)
Medium
2.39%
Jun 05, 07:00
5 days
TRY PPI YoY (May)
Low
52.11%
Jun 05, 07:00
5 days
TRY PPI MoM (May)
Low
0.81%
Jun 05, 07:00
5 days
TRY Inflation Rate YoY (May)
Medium
43.68%
Jun 05, 07:00
5 days
TRY CPI (May)
Low
1300.04
Jun 07, 14:30
7 days
TRY Treasury Cash Balance (May)
Low
-TRY159.06B
-TRY77B
Jun 08, 11:30
8 days
TRY Foreign Exchange Reserves (Jun/02)
Low
Jun 09, 07:00
9 days
TRY Industrial Production YoY (Apr)
Medium
-0.1%
Jun 09, 07:00
9 days
TRY Industrial Production MoM (Apr)
Low
5.5%
Jun 12, 07:00
12 days
TRY Unemployment Rate (Apr)
Medium
10%
Jun 12, 07:00
12 days
TRY Participation Rate (Apr)
Low
53.6%
Jun 12, 07:00
12 days
TRY Current Account (Apr)
Low
Jun 15, 08:00
15 days
TRY Budget Balance (May)
Low
Jun 15, 11:30
15 days
TRY Foreign Exchange Reserves (Jun/09)
Low
Jun 16, 08:00
16 days
TRY Auto Production YoY (May)
Low
Jun 19, 07:00
19 days
TRY Consumer Confidence (Jun)
Medium
75
Jun 20, 14:30
20 days
TRY Central Government Debt (May)
Low
4.42
Jun 21, 07:00
21 days
TRY Business Confidence (Jun)
Medium
110
Jun 21, 07:00
21 days
TRY Capacity Utilization (Jun)
Low
74.8
Jun 22, 11:00
22 days
TRY TCMB Interest Rate Decision
Medium
Jun 22, 11:00
22 days
TRY Overnight Borrowing Rate (Jun)
Low
Jun 22, 11:00
22 days
TRY Overnight Lending Rate (Jun)
Low
Jun 22, 11:30
22 days
TRY Foreign Exchange Reserves (Jun/16)
Low
Jun 23, 07:00
23 days
TRY Economic Confidence Index (Jun)
Low
103
Jun 23, 07:00
23 days
TRY Balance of Trade (May)
Low
Jun 23, 07:00
23 days
TRY Exports (May)
Low
Jun 23, 07:00
23 days
TRY Imports (May)
Low
Jun 23, 08:00
23 days
TRY Tourist Arrivals YoY (May)
Low
Jun 27, 00:00
27 days
TRY Eid Al-Adha
None
Jun 28, 00:00
28 days
TRY Eid Al-Adha
None
Jun 29, 00:00
29 days
TRY Eid Al-Adha
None
Jun 30, 00:00
30 days
TRY Eid Al-Adha
None

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