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 (%) | -10.1 Aug 2024 | monthly | Jan 2018 - Aug 2024 |
| Armenia (%) | 5.8 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Australia (%) | 4.2 May 2023 | monthly | Apr 1983 - May 2023 |
| Austria (%) | -4.7 Dec 2023 | monthly | Jan 2007 - Dec 2023 |
| Azerbaijan (%) | 6.6 Sep 2024 | monthly | Dec 2007 - Sep 2024 |
| Belarus (%) | 10.8 Sep 2024 | monthly | Oct 2008 - Sep 2024 |
| Belgium (%) | -4.1 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Bosnia and Herzegovina (%) | 15.4 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Brazil (%) | 4.0 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Bulgaria (%) | -0.6 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Canada (%) | 1.1 Apr 2023 | monthly | Jan 1992 - Apr 2023 |
| Chile (%) | 4.6 Sep 2024 | monthly | Jan 2015 - Sep 2024 |
| China (%) | 12.7 May 2023 | monthly | Jan 1994 - May 2023 |
| Colombia (%) | 4.4 Aug 2024 | monthly | Jan 2014 - Aug 2024 |
| Croatia (%) | 3.3 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Cyprus (%) | 3.3 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Czech Republic (%) | 6.1 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Denmark (%) | 0.4 May 2023 | monthly | Jan 2001 - May 2023 |
| Egypt (%) | 1.4 2020 | yearly | 1996 - 2020 |
| Estonia (%) | -0.9 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| European Union (%) | 2.8 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Finland (%) | -1.9 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| France (%) | 4.8 Aug 2024 | monthly | Jan 1996 - Aug 2024 |
| Georgia (%) | 5.0 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Germany (%) | -4.4 Apr 2023 | monthly | Jan 1995 - Apr 2023 |
| Greece (%) | -4.9 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Hong Kong SAR, China (%) | 16.6 May 2023 | monthly | Jan 1982 - May 2023 |
| Hungary (%) | 1.9 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Iceland (%) | 6.6 Aug 2024 | monthly | Feb 2002 - Aug 2024 |
| Indonesia (%) | 0.0 May 2023 | monthly | Jan 2011 - May 2023 |
| Ireland (%) | 1.3 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Israel (%) | 0.6 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
| Italy (%) | -0.2 Aug 2024 | monthly | Jan 2001 - Aug 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 (%) | 4.2 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Luxembourg (%) | 13.1 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Macau SAR, China (%) | -23.8 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| North Macedonia (%) | 3.0 Sep 2024 | monthly | Jan 2011 - Sep 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 (%) | -0.0 Jun 2024 | quarterly | Sep 1996 - Jun 2024 |
| Norway (%) | -0.4 Sep 2024 | monthly | Jan 1980 - Sep 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 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Russia (%) | 6.5 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Serbia (%) | -6.2 May 2023 | monthly | Dec 2004 - May 2023 |
| Singapore (%) | -3.2 Sep 2024 | monthly | Jan 1986 - Sep 2024 |
| Slovakia (%) | 4.3 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Slovenia (%) | -2.7 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| South Africa (%) | 2.6 Aug 2024 | monthly | Jan 2003 - Aug 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 (%) | 7.8 Oct 2024 | monthly | Sep 2004 - Oct 2024 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doTurkey Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.6 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -2,884.122 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Tax Revenue (USD mn) | 21,536.668 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Tax Revenue: % of GDP (%) | 18.8 Jun 2024 | quarterly | Mar 2006 - Jun 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) | 781,938.740 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| General Budget: Expenditure (TRY mn) | 982,904.000 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| General Budget: Cash Balance (TRY mn) | -200,965.260 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| General Budget: ytd: Revenue (TRY th) | 5,946,460,113.833 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 3,015,958,178.554 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 7,045,613,727.843 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 325,018,390.340 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| General Budget: ytd: Revenue: Tax (TRY th) | 5,134,058,528.507 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 1,759,446,434.812 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| General Budget: ytd: Balance (TRY th) | -1,099,153,614.010 Sep 2024 | monthly | Jan 2006 - Sep 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) | 1,290,644.710 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 651,764.672 2022 | yearly | 1995 - 2022 |
| 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) | 2,306,593.258 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,692,489.997 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 1,263.407 Sep 2024 | monthly | Apr 1964 - Sep 2024 |
| Total Imports from USA (USD mn) | 1,391.668 Sep 2024 | monthly | Apr 1964 - Sep 2024 |
| Total Exports to China (USD mn) | 249.675 Sep 2024 | monthly | Jan 2013 - Sep 2024 |
| Total Imports from China (USD mn) | 3,737.113 Sep 2024 | monthly | Sep 1992 - Sep 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 (%) | 1.7 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Household Debt: % of GDP (%) | 11.0 Mar 2024 | quarterly | Dec 2014 - Mar 2024 |
| Non-Performing Loans (USD mn) | 7,726.882 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| Money Supply M1 (USD mn) | 180,461.773 Sep 2024 | monthly | Dec 1963 - Sep 2024 |
| Money Supply M2 (USD mn) | 483,956.907 Sep 2024 | monthly | Dec 1976 - Sep 2024 |
| M2 Growth (%) | 33.4 Sep 2024 | monthly | Dec 1977 - Sep 2024 |
| Reserve Requirement Ratio (%) | 8.0 Sep 2024 | monthly | Jan 2011 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 81,085.0 Sep 2024 | monthly | Apr 2000 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 6.544 Jun 2024 | quarterly | Jun 2000 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.0 Sep 2024 | monthly | Apr 2000 - Sep 2024 |
| Gold Reserves (USD mn) | 60,043.000 Aug 2024 | monthly | Dec 1956 - Aug 2024 |
| Total Deposits (USD mn) | 522,629.891 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| Total Deposits Growth (%) | 34.0 Sep 2024 | monthly | Dec 2003 - Sep 2024 |
| Domestic Credit (USD mn) | 566,224.6 Sep 2024 | monthly | Jan 1986 - Sep 2024 |
| Domestic Credit Growth (%) | 40.5 Sep 2024 | monthly | Jan 1987 - Sep 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) | 99,055.1 Sep 2024 | monthly | Jan 1986 - Sep 2024 |
| Total Loans (USD mn) | 360,049.270 Sep 2024 | monthly | Jan 1986 - Sep 2024 |
| Total Loans Growth (%) | 40.27 Sep 2024 | monthly | Jan 1987 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 30.57 Jun 2024 | quarterly | Dec 1998 - Jun 2024 |
| Money Supply: M3 (TRY th) | 18,013,647,363.000 Sep 2024 | monthly | Dec 2005 - Sep 2024 |
| Consumer Loans: BS: Loan: Housing (TRY mn) | 465,313.384 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| Consumer Loans: Banking Sector (BS): Loan (TRY mn) | 1,839,584.026 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| Consumer Loans: BS: Non Performing (TRY mn) | 46,369.609 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 1.711 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -3.1 Oct 2024 | monthly | Jan 2008 - Oct 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) | 102.200 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 110.707 Oct 2024 | monthly | Jan 2011 - Oct 2024 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 114.235 Oct 2024 | monthly | Jan 2011 - Oct 2024 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 86.328 Oct 2024 | monthly | Jan 2011 - Oct 2024 |
More Indicators for Turkey
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
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