Turkey Retail Sales Growth
2011 - 2023 | Monthly | % | CEIC Data
Key information about Turkey Retail Sales Growth
- Turkey Retail Sales grew 11.2 % YoY in Dec 2023, compared with a 13.0 % increase in the previous month.
- Turkey Retail Sales Growth YoY data is updated monthly, available from Jan 2011 to Dec 2023, with an average growth rate of 6.4 %.
- The data reached an all-time high of 41.7 % in Apr 2021 and a record low of -19.6 % in Apr 2020.
- In the latest reports, Car Sales of Turkey recorded 114,210.0 units in Mar 2024, representing a growth of 4.2 %.
CEIC calculates monthly Retail Sales: Excl. Motor Vehicles Growth from monthly Retail Sales Volume Index. Turkish Statistical Institute provides Retail Sales Volume Index with base 2015=100.
View Turkey's Retail Sales Growth from Jan 2011 to Dec 2023 in the chart:
What was Turkey's Retail Sales Growth in Dec 2023?
Turkey Retail Sales grew 11.2 % YoY in Dec 2023, compared with a 13.0 % increase in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 11.2 Dec 2023 | 13.0 Nov 2023 | -19.6 Apr 2020 | 41.7 Apr 2021 | % | monthly | Jan 2011 - Dec 2023 |
Retail Sales Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.5 Mar 2023 | monthly | Jan 2006 - Mar 2023 |
| Argentina (%) | -12.8 Sep 2024 | monthly | Jan 2018 - Sep 2024 |
| Armenia (%) | 4.2 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Australia (%) | 4.2 May 2023 | monthly | Apr 1983 - May 2023 |
| Austria (%) | -4.7 Dec 2023 | monthly | Jan 2007 - Dec 2023 |
| Azerbaijan (%) | 6.8 Oct 2024 | monthly | Dec 2007 - Oct 2024 |
| Belarus (%) | 11.8 Oct 2024 | monthly | Oct 2008 - Oct 2024 |
| Belgium (%) | -1.5 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
| Bosnia and Herzegovina (%) | 15.4 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Brazil (%) | 5.1 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Bulgaria (%) | -0.6 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Canada (%) | 1.1 Apr 2023 | monthly | Jan 1992 - Apr 2023 |
| Chile (%) | 4.4 Oct 2024 | monthly | Jan 2015 - Oct 2024 |
| China (%) | 12.7 May 2023 | monthly | Jan 1994 - May 2023 |
| Colombia (%) | 4.8 Oct 2024 | monthly | Jan 2014 - Oct 2024 |
| Croatia (%) | 3.3 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Cyprus (%) | 4.6 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Czech Republic (%) | 6.0 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Denmark (%) | 0.4 May 2023 | monthly | Jan 2001 - May 2023 |
| Egypt (%) | 1.4 2020 | yearly | 1996 - 2020 |
| Estonia (%) | -1.3 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| European Union (%) | 2.0 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Finland (%) | -2.8 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
| France (%) | 3.4 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| Georgia (%) | 6.8 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Germany (%) | -4.4 Apr 2023 | monthly | Jan 1995 - Apr 2023 |
| Greece (%) | -0.9 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Hong Kong SAR, China (%) | 16.6 May 2023 | monthly | Jan 1982 - May 2023 |
| Hungary (%) | 3.8 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Iceland (%) | 6.6 Aug 2024 | monthly | Feb 2002 - Aug 2024 |
| Indonesia (%) | 0.0 May 2023 | monthly | Jan 2011 - May 2023 |
| Ireland (%) | 1.8 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Israel (%) | 8.8 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
| Italy (%) | 1.4 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Japan (%) | 5.2 Apr 2023 | monthly | Oct 1992 - Apr 2023 |
| Kazakhstan (%) | 5.4 May 2023 | monthly | Jan 2006 - May 2023 |
| South Korea (%) | -0.7 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Kyrgyzstan (%) | 10.7 2022 | yearly | 1990 - 2022 |
| Latvia (%) | 0.3 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Lithuania (%) | 7.3 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Luxembourg (%) | 15.4 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Macau SAR, China (%) | -16.9 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| North Macedonia (%) | 2.1 Oct 2024 | monthly | Jan 2011 - Oct 2024 |
| Malaysia (%) | 12.9 Apr 2023 | monthly | Jan 2014 - Apr 2023 |
| Malta (%) | 2.9 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Mexico (%) | 4.6 Apr 2023 | monthly | Jan 2002 - Apr 2023 |
| Moldova (%) | 16.7 Jul 2024 | monthly | Jan 2011 - Jul 2024 |
| Mongolia (%) | 14.9 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Montenegro (%) | 8.5 Apr 2023 | monthly | Jan 2007 - Apr 2023 |
| Netherlands (%) | -4.2 May 2023 | monthly | Jan 2001 - May 2023 |
| New Zealand (%) | -2.7 Sep 2024 | quarterly | Sep 1996 - Sep 2024 |
| Norway (%) | -0.4 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
| Palestinian Territory (%) | -0.2 2018 | yearly | 2011 - 2018 |
| Peru (%) | 4.8 Aug 2024 | monthly | Jan 2015 - Aug 2024 |
| Poland (%) | -1.8 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Portugal (%) | 3.1 May 2023 | monthly | Jan 2001 - May 2023 |
| Qatar (%) | 6.9 2021 | yearly | 1987 - 2021 |
| Romania (%) | 10.7 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Russia (%) | 4.8 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Serbia (%) | -6.2 May 2023 | monthly | Dec 2004 - May 2023 |
| Singapore (%) | -1.2 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Slovakia (%) | 4.9 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Slovenia (%) | -0.9 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| South Africa (%) | 1.2 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Spain (%) | 3.1 Dec 2023 | monthly | Jan 2001 - Dec 2023 |
| Sweden (%) | -3.9 May 2023 | monthly | Jan 1991 - May 2023 |
| Switzerland (%) | -3.4 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Taiwan (%) | 1.7 Feb 2022 | monthly | Jan 2000 - Feb 2022 |
| Thailand (%) | 0.5 Mar 2023 | monthly | Jan 1996 - Mar 2023 |
| Turkey (%) | 11.2 Dec 2023 | monthly | Jan 2011 - Dec 2023 |
| Ukraine (%) | -3.1 Dec 2022 | monthly | Jan 2008 - Dec 2022 |
| United Kingdom (%) | -2.1 May 2023 | monthly | Jan 1997 - May 2023 |
| United States (%) | 1.0 May 2023 | monthly | Jan 1993 - May 2023 |
| Uzbekistan (%) | -4.0 Apr 2023 | monthly | Jan 2019 - Apr 2023 |
| Venezuela (%) | -53.5 Jan 2019 | monthly | Jan 2005 - Jan 2019 |
| Vietnam (%) | 8.1 Nov 2024 | monthly | Sep 2004 - Nov 2024 |
Accurate Macro & Micro Economic Data You Can Trust
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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) | -5,507.909 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Tax Revenue (USD mn) | 18,817.855 Oct 2024 | monthly | Jan 2006 - Oct 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 (%) | 26.1 Jun 2024 | quarterly | Dec 2001 - Jun 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) | 932,770.130 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| General Budget: Expenditure (TRY mn) | 994,990.060 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| General Budget: Cash Balance (TRY mn) | -62,219.930 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| General Budget: ytd: Revenue (TRY th) | 6,701,241,994.526 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 389,450,361.722 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 3,399,290,389.486 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 7,988,776,022.734 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: Balance (TRY th) | -1,287,534,028.207 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 1,934,743,052.066 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: Revenue: Tax (TRY th) | 5,777,663,050.972 Oct 2024 | monthly | Jan 2006 - Oct 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) | 4,241.788 Oct 2024 | monthly | Sep 1992 - Oct 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 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Household Debt: % of GDP (%) | 10.3 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
| Non-Performing Loans (USD mn) | 8,031.410 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Money Supply M1 (USD mn) | 180,021.595 Oct 2024 | monthly | Dec 1963 - Oct 2024 |
| Money Supply M2 (USD mn) | 491,947.182 Oct 2024 | monthly | Dec 1976 - Oct 2024 |
| M2 Growth (%) | 33.4 Sep 2024 | monthly | Dec 1977 - Sep 2024 |
| Reserve Requirement Ratio (%) | 8.0 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 84,958.0 Oct 2024 | monthly | Apr 2000 - Oct 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 6.497 Sep 2024 | quarterly | Jun 2000 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.9 Oct 2024 | monthly | Apr 2000 - Oct 2024 |
| Gold Reserves (USD mn) | 63,360.000 Sep 2024 | monthly | Dec 1956 - Sep 2024 |
| Total Deposits (USD mn) | 528,701.204 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Total Deposits Growth (%) | 30.7 Oct 2024 | monthly | Dec 2003 - Oct 2024 |
| Domestic Credit (USD mn) | 566,063.7 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Domestic Credit Growth (%) | 37.5 Oct 2024 | monthly | Jan 1987 - Oct 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 31.400 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Credit to Households (USD bn) | 96.972 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 523.532 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Household Debt (USD mn) | 101,134.7 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Total Loans (USD mn) | 362,316.242 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Total Loans Growth (%) | 38.30 Oct 2024 | monthly | Jan 1987 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 29.57 Sep 2024 | quarterly | Dec 1998 - Sep 2024 |
| Money Supply: M3 (TRY th) | 18,476,383,593.000 Oct 2024 | monthly | Dec 2005 - Oct 2024 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 1.769 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -0.5 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
| Composite Leading Indicator Index: Trend Restored (NA) | 392.590 Sep 2024 | monthly | Dec 1987 - Sep 2024 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 103.400 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 110.953 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 87.809 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 111.667 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
More Indicators for Turkey
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Domestic Trade and Household Survey
Average Annual Household Disposable Income
Consumer Confidence Index
Domestic Sales: Cement: Turkish Cement Manufacturers Association
Domestic Sales: Motor Vehicles by Brand
Motor Vehicle Sales: Domestic: By Brand and Type
Retail Sales Volume Index: incl Value Added Tax: 2010=100
Retail Sales Volume Index: incl Value Added Tax: 2010=100: Working Day Adjusted
Turnover Index: 2010=100: by Trade and Services
Turnover Index: 2010=100: by Trade and Services: Working Day Adjusted
Turnover Index: Retail: excl Value Added Tax: 2010=100: Seasonally and Working Day Adjusted
Annual Household Disposable Income Distribution: by Quintiles
Average Annual Primary Job Income: by Employment Type
Consumer Confidence Survey
Domestic Sales: Household Appliances: Sales to Domestic Vendors
General Trade System: Terms of Trade Index: 2015=100: by Standard International Trade Classification (SITC) Rev.4: 1 Digit
Motor Vehicle Sales: Imported: By Brand
Retail Sales Volume Index: incl Value Added Tax: 2010=100: Seasonally and Working Day Adjusted
Turnover Index: 2005=100: by Trade and Services
Turnover Index: 2010=100: by Trade and Services: Seasonally and Working Day Adjusted
Turnover Index: Retail: excl Value Added Tax: 2010=100
Turnover Index: Retail: excl Value Added Tax: 2010=100: Working Day Adjusted