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

Aug 28, 07:00
TRY Economic Confidence Index (Aug)
Low
96.3
96
97.9
Aug 28, 07:00
TRY Balance of Trade (Jul)
Medium
-$8.2B
-$6.4B
-$6.4B
Aug 28, 07:00
TRY Exports (Jul)
Low
$20.5B
$25B
$24.9B
Aug 28, 07:00
TRY Imports (Jul)
Low
$28.7B
$31.4B
$31.4B
Aug 28, 11:30
TRY Foreign Exchange Reserves (Aug/22)
Low
$90.93B $91.09B
Aug 29, 07:00
15h 18min
TRY Unemployment Rate (Jul)
Medium
8.6%
8.7%
Aug 29, 07:00
15h 18min
TRY Participation Rate (Jul)
Low
53.5%
53.5%
Aug 30, 00:00
1 day
TRY Victory Day
None
Sep 01, 07:00
3 days
TRY Istanbul Chamber of Industry Manufacturing PMI (Aug)
Low
45.9
Sep 01, 07:00
3 days
TRY GDP Growth Rate QoQ (Q2)
Medium
1%
1.1%
Sep 01, 07:00
3 days
TRY GDP Growth Rate YoY (Q2)
Medium
2%
2%
Sep 03, 07:00
5 days
TRY PPI YoY (Aug)
Low
24.19%
Sep 03, 07:00
5 days
TRY PPI MoM (Aug)
Low
1.73%
Sep 03, 07:00
5 days
TRY Inflation Rate MoM (Aug)
Medium
2.06%
Sep 03, 07:00
5 days
TRY Inflation Rate YoY (Aug)
Medium
33.52%
Sep 04, 07:00
6 days
TRY Imports (Aug)
Low
$31.4B
Sep 04, 07:00
6 days
TRY Balance of Trade (Aug)
Medium
-$6.4B
Sep 04, 07:00
6 days
TRY Exports (Aug)
Low
$24.9B
Sep 04, 11:30
6 days
TRY Foreign Exchange Reserves (Aug/29)
Low
$91.09B
Sep 05, 14:30
7 days
TRY Treasury Cash Balance (Aug)
Low
-TRY68.49B
Sep 10, 07:00
12 days
TRY Industrial Production YoY (Jul)
Medium
8.3%
Sep 10, 07:00
12 days
TRY Industrial Production MoM (Jul)
Low
0.7%
Sep 12, 07:00
14 days
TRY Current Account (Jul)
Low
Sep 15, 08:00
17 days
TRY Budget Balance (Aug)
Low
Sep 18, 11:00
20 days
TRY MPC Meeting Summary
Low
Sep 18, 11:30
20 days
TRY Foreign Exchange Reserves (Sep/12)
Low
Sep 22, 07:00
24 days
TRY Consumer Confidence (Sep)
Medium
86
Sep 22, 14:30
24 days
TRY Central Government Debt (Aug)
Low
Sep 24, 07:00
26 days
TRY Capacity Utilization (Sep)
Low
76
Sep 24, 07:00
26 days
TRY Business Confidence (Sep)
Medium
100.2
Sep 24, 08:00
26 days
TRY Tourist Arrivals YoY (Aug)
Low
Sep 25, 11:30
27 days
TRY Foreign Exchange Reserves (Sep/19)
Low

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