Turkey Business Confidence Growth
2008 - 2024 | Monthly | % Point | CEIC Data
Key information about Turkey Business Confidence Growth
- Turkey Business Confidence dropped by 0.7 % in Dec 2024, compared with a decrease of 0.5 % YoY in the previous month.
- Turkey Business Confidence: YoY Change is updated monthly, available from Jan 2008 to Dec 2024, with an averaged rate of -0.3 %.
- The data reached an all-high of 45.1 % in Apr 2021 and a record low of -50.5 % in Dec 2008.
CEIC calculates Business Confidence Change from monthly Real Sector Confidence Index. The Central Bank of the Republic of Turkey provides Real Sector Confidence Index with range from 0 to 200 with neutral point 100. Business Confidence covers Manufacturing sector only.
View Turkey's Business Confidence Growth from Jan 2008 to Dec 2024 in the chart:
What was Turkey's Business Confidence Growth in Dec 2024?
Turkey Business Confidence dropped by 0.7 % in Dec 2024, compared with a decrease of 0.5 % YoY in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -0.7 Dec 2024 | -0.5 Nov 2024 | -50.5 Dec 2008 | 45.1 Apr 2021 | % Point | monthly | Jan 2008 - Dec 2024 |
Business Confidence Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (% Point) | -5.7 Dec 2024 | quarterly | Jun 2017 - Dec 2024 |
| Armenia (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
| Australia (% Point) | 8.0 Oct 2024 | monthly | Jul 2013 - Oct 2024 |
| Austria (% Point) | -2.0 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| Belarus (% Point) | -9.6 Aug 2014 | monthly | Dec 2006 - Aug 2014 |
| Belgium (% Point) | -2.1 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
| Brazil (% Point) | -2.2 Dec 2024 | monthly | Jan 2010 - Dec 2024 |
| Bulgaria (% Point) | 1.4 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| Canada (% Point) | -3.2 Dec 2024 | monthly | Dec 2001 - Dec 2024 |
| Chile (% Point) | 9.3 Nov 2024 | monthly | Nov 2004 - Nov 2024 |
| China (% Point) | 2.2 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Colombia (% Point) | 4.3 Nov 2024 | monthly | Jan 1981 - Nov 2024 |
| Croatia (% Point) | -6.2 Dec 2024 | monthly | May 2009 - Dec 2024 |
| Cyprus (% Point) | 15.7 Dec 2024 | monthly | May 2003 - Dec 2024 |
| Czech Republic (% Point) | -7.0 Dec 2024 | monthly | Mar 1994 - Dec 2024 |
| Denmark (% Point) | 18.0 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Ecuador (% Point) | 5.7 Nov 2024 | monthly | Feb 2011 - Nov 2024 |
| Estonia (% Point) | 10.0 Dec 2024 | monthly | May 2002 - Dec 2024 |
| European Union (% Point) | -4.6 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| Finland (% Point) | 9.9 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| France (% Point) | -1.8 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| Georgia (% Point) | -18.5 Dec 2024 | quarterly | Dec 2014 - Dec 2024 |
| Germany (% Point) | -8.3 Dec 2024 | monthly | Jan 1992 - Dec 2024 |
| Ghana (%) | 14.4 Aug 2024 | monthly | Dec 2013 - Aug 2024 |
| Greece (% Point) | 7.3 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| Hong Kong SAR, China (% Point) | -11.0 Dec 2024 | quarterly | Mar 2009 - Dec 2024 |
| Hungary (% Point) | -6.4 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Iceland (% Point) | 98.4 Dec 2024 | quarterly | Dec 2003 - Dec 2024 |
| India (% Point) | -15.1 Dec 2024 | quarterly | Jun 2001 - Dec 2024 |
| Indonesia (% Point) | -0.1 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| Israel (% Point) | 10.4 Dec 2024 | monthly | Jan 2016 - Dec 2024 |
| Italy (% Point) | -1.7 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| Japan (% Point) | 3.0 Mar 2025 | quarterly | Mar 2001 - Mar 2025 |
| Kazakhstan (% Point) | 3.0 Mar 2024 | quarterly | Mar 2009 - Mar 2024 |
| South Korea (% Point) | -8.0 Jan 2025 | monthly | Feb 2004 - Jan 2025 |
| Latvia (% Point) | -6.9 May 2023 | monthly | Apr 1994 - May 2023 |
| Lithuania (% Point) | 7.8 Nov 2024 | monthly | Apr 2004 - Nov 2024 |
| Luxembourg (% Point) | 5.2 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| North Macedonia (% Point) | -2.9 Dec 2022 | monthly | Apr 2002 - Dec 2022 |
| Malaysia (% Point) | 25.2 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Malta (% Point) | -21.5 Dec 2024 | monthly | Nov 2003 - Dec 2024 |
| Mauritius (% Point) | -9.1 Jun 2019 | quarterly | Mar 2011 - Jun 2019 |
| Mexico (% Point) | -4.1 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Mozambique (% Point) | 8.9 Jun 2021 | monthly | Jan 2005 - Jun 2021 |
| Netherlands (% Point) | 4.1 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| New Zealand (% Point) | -7.4 May 2023 | monthly | Aug 2003 - May 2023 |
| Nigeria (% Point) | 4.4 Nov 2024 | monthly | Jul 2015 - Nov 2024 |
| Norway (% Point) | -3.6 Dec 2024 | monthly | Feb 2005 - Dec 2024 |
| Palestinian Territory (% Point) | 4.1 Dec 2024 | monthly | Apr 2014 - Dec 2024 |
| Peru (% Point) | 26.0 Nov 2024 | monthly | Apr 2003 - Nov 2024 |
| Philippines (% Point) | -1.9 Dec 2024 | quarterly | Jun 2002 - Dec 2024 |
| Poland (% Point) | -2.7 May 2023 | monthly | Jul 2006 - May 2023 |
| Portugal (% Point) | 5.1 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Qatar (% Point) | -3.6 Mar 2020 | quarterly | Jun 2015 - Mar 2020 |
| Romania (% Point) | -2.8 Dec 2024 | monthly | Jul 1992 - Dec 2024 |
| Russia (% Point) | -1.0 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Serbia (% Point) | -1.2 Dec 2024 | monthly | May 2014 - Dec 2024 |
| Singapore (% Point) | 1.2 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Slovakia (% Point) | 5.0 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| Slovenia (% Point) | -1.0 Dec 2024 | monthly | May 1996 - Dec 2024 |
| South Africa (% Point) | -7.8 Dec 2024 | monthly | Sep 2000 - Dec 2024 |
| Spain (% Point) | 1.9 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| Sri Lanka (% Point) | -8.2 May 2023 | monthly | May 2016 - May 2023 |
| Sweden (% Point) | 9.8 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Switzerland (% Point) | 10.8 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Taiwan (% Point) | -3.2 Mar 2018 | monthly | May 2013 - Mar 2018 |
| Thailand (% Point) | 0.6 Nov 2024 | monthly | Feb 2000 - Nov 2024 |
| Turkey (% Point) | -0.7 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| Ukraine (% Point) | 1.7 Jun 2024 | quarterly | Sep 2013 - Jun 2024 |
| United Kingdom (% Point) | 8.4 Dec 2020 | monthly | Jan 1986 - Dec 2020 |
| United States (% Point) | 4.4 Dec 2024 | monthly | Jan 1949 - Dec 2024 |
| Uruguay (% Point) | -6.9 Oct 2024 | monthly | Oct 1999 - Oct 2024 |
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Learn more about what we doTurkey Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.0 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -26,750.482 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Tax Revenue (USD mn) | 23,824.103 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Tax Revenue: % of GDP (%) | 16.1 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| National Government Debt (USD mn) | 254,513.1 2022 | yearly | 2001 - 2022 |
| Government Debt: % of GDP (%) | 25.6 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| Forecast: Government Expenditure (TRY bn) | 40,421.476 2029 | yearly | 2000 - 2029 |
| Forecast: Government Net Debt (TRY bn) | 32,432.832 2029 | yearly | 2000 - 2029 |
| Forecast: Government Revenue (TRY bn) | 36,604.966 2029 | yearly | 2000 - 2029 |
| General Budget: Revenue (TRY mn) | 882,732.090 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| General Budget: Expenditure (TRY mn) | 1,210,986.550 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| General Budget: Cash Balance (TRY mn) | -323,904.460 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| General Budget: ytd: Balance (TRY th) | -2,255,494,861.003 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 442,126,776.060 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 2,290,824,265.626 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| General Budget: ytd: Revenue: Tax (TRY th) | 6,597,108,972.372 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 8,939,364,029.950 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 3,783,551,890.205 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| General Budget: ytd: Revenue (TRY th) | 7,618,404,307.406 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Central Government Debt: External (TRY mn) | 538,505.357 Mar 2019 | monthly | Jan 2002 - Mar 2019 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.230 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -8,483.7 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Total Exports (USD mn) | 14,265.9 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Exports Growth (%) | 0.9 May 2023 | monthly | Jan 2014 - May 2023 |
| Aluminum: Exports (USD th) | 3,832,265.952 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,443,044.753 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 806,223.291 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 17,684.5 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Imports Growth (%) | 6.5 May 2023 | monthly | Jan 2014 - May 2023 |
| Imports: Medicament (USD th) | 2,460,947.731 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,964,157.172 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 1,562.076 Oct 2024 | monthly | Apr 1964 - Oct 2024 |
| Total Imports from USA (USD mn) | 1,278.154 Oct 2024 | monthly | Apr 1964 - Oct 2024 |
| Total Exports to China (USD mn) | 316.768 Oct 2024 | monthly | Jan 2013 - Oct 2024 |
| Total Imports from China (USD mn) | 3,627.985 Nov 2024 | monthly | Sep 1992 - Nov 2024 |
| Trade Balance: USD (USD mn) | -2,136.727 Mar 2019 | monthly | Jan 1969 - Mar 2019 |
| Natural Gas: Annual: Production (Cub m mn) | 851.970 2023 | yearly | 1976 - 2023 |
| Export Value Index (2015=100) | 149.169 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 127.060 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.8 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Household Debt: % of GDP (%) | 10.0 Sep 2024 | quarterly | Dec 2014 - Sep 2024 |
| Non-Performing Loans (USD mn) | 8,271.936 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
| Money Supply M1 (USD mn) | 175,326.921 Nov 2024 | monthly | Dec 1963 - Nov 2024 |
| Money Supply M2 (USD mn) | 491,213.217 Nov 2024 | monthly | Dec 1976 - Nov 2024 |
| M2 Growth (%) | 30.2 Nov 2024 | monthly | Dec 1977 - Nov 2024 |
| Reserve Requirement Ratio (%) | 8.0 Dec 2024 | monthly | Jan 2011 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 85,416.0 Nov 2024 | monthly | Apr 2000 - Nov 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 6.497 Sep 2024 | quarterly | Jun 2000 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.9 Nov 2024 | monthly | Apr 2000 - Nov 2024 |
| Gold Reserves (USD mn) | 67,375.000 Oct 2024 | monthly | Dec 1956 - Oct 2024 |
| Total Deposits (USD mn) | 525,236.009 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
| Total Deposits Growth (%) | 28.6 Nov 2024 | monthly | Dec 2003 - Nov 2024 |
| Domestic Credit (USD mn) | 570,561.5 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
| Domestic Credit Growth (%) | 37.5 Nov 2024 | monthly | Jan 1987 - Nov 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 35.400 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Credit to Households (USD bn) | 104.846 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 556.651 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| Household Debt (USD mn) | 103,991.9 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
| Total Loans (USD mn) | 367,301.734 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
| Total Loans Growth (%) | 37.74 Nov 2024 | monthly | Jan 1987 - Nov 2024 |
| Private Debt: % of Nominal GDP (%) | 29.57 Sep 2024 | quarterly | Dec 1998 - Sep 2024 |
| Money Supply: M3 (TRY th) | 18,864,400,909.000 Nov 2024 | monthly | Dec 2005 - Nov 2024 |
| Consumer Loans: Banking Sector (BS): Loan (TRY mn) | 1,945,198.159 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
| Consumer Loans: BS: Loan: Housing (TRY mn) | 496,122.301 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
| Consumer Loans: BS: Non Performing (TRY mn) | 51,944.967 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 1.802 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -0.7 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| Composite Leading Indicator Index: Trend Restored (NA) | 399.510 Dec 2024 | monthly | Dec 1987 - Dec 2024 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 102.700 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 113.017 Dec 2024 | monthly | Jan 2011 - Dec 2024 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 89.440 Dec 2024 | monthly | Jan 2011 - Dec 2024 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 113.603 Dec 2024 | monthly | Jan 2011 - Dec 2024 |
More Indicators for Turkey
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