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
|
Date
|
Time left
|
Event
|
Impact
|
Previous
|
Consensus
|
Actual
|
|||
|---|---|---|---|---|---|---|---|---|---|
|
Monday, Feb 24, 2025
|
|||||||||
|
Feb 24, 07:00
|
1 day
|
|
TRY | Business Confidence (Feb) |
Medium
|
100.9 |
101.2
|
||
|
Feb 24, 07:00
|
1 day
|
|
TRY | Capacity Utilization (Feb) |
Low
|
74.6% |
74.7%
|
||
|
Thursday, Feb 27, 2025
|
|||||||||
|
Feb 27, 07:00
|
4 days
|
|
TRY | Imports (Jan) |
None
|
$32.22B |
$28.8B
|
||
|
Feb 27, 07:00
|
4 days
|
|
TRY | Balance of Trade (Jan) |
Medium
|
-$8.78B |
-$7.7B
|
||
|
Feb 27, 07:00
|
4 days
|
|
TRY | Economic Confidence Index (Feb) |
Low
|
99.7 |
101
|
||
|
Feb 27, 07:00
|
4 days
|
|
TRY | Exports (Jan) |
None
|
$23.44B |
$21.2B
|
||
|
Feb 27, 11:30
|
4 days
|
|
TRY | Foreign Exchange Reserves (Feb/21) |
Low
|
$100.68B | |||
|
Friday, Feb 28, 2025
|
|||||||||
|
Feb 28, 07:00
|
5 days
|
|
TRY | GDP Growth Rate QoQ (Q4) |
Medium
|
-0.2% |
0.7%
|
||
|
Feb 28, 07:00
|
5 days
|
|
TRY | GDP Growth Rate YoY (Q4) |
High
|
2.1% |
3%
|
||
|
Feb 28, 07:00
|
5 days
|
|
TRY | Unemployment Rate (Jan) |
Medium
|
8.5% |
8.6%
|
||
|
Feb 28, 07:00
|
5 days
|
|
TRY | Participation Rate (Jan) |
Low
|
54.1% |
54.2%
|
||
|
Monday, Mar 03, 2025
|
|||||||||
|
Mar 03, 07:00
|
8 days
|
|
TRY | Istanbul Chamber of Industry Manufacturing PMI (Feb) |
Low
|
48 | |||
|
Mar 03, 07:00
|
8 days
|
|
TRY | Inflation Rate MoM (Feb) |
Medium
|
5.03% | |||
|
Mar 03, 07:00
|
8 days
|
|
TRY | PPI MoM (Feb) |
Low
|
3.06% | |||
|
Mar 03, 07:00
|
8 days
|
|
TRY | Inflation Rate YoY (Feb) |
Medium
|
42.12% | |||
|
Mar 03, 07:00
|
8 days
|
|
TRY | PPI YoY (Feb) |
Low
|
27.2% | |||
|
Tuesday, Mar 04, 2025
|
|||||||||
|
Mar 04, 07:00
|
9 days
|
|
TRY | Exports (Feb) |
Low
|
||||
|
Mar 04, 07:00
|
9 days
|
|
TRY | Imports (Feb) |
Low
|
||||
|
Mar 04, 07:00
|
9 days
|
|
TRY | Balance of Trade (Feb) |
Medium
|
||||
|
Thursday, Mar 06, 2025
|
|||||||||
|
Mar 06, 11:00
|
11 days
|
|
TRY | TCMB Interest Rate Decision |
Medium
|
45% |
42.25%
|
||
|
Mar 06, 11:30
|
11 days
|
|
TRY | Foreign Exchange Reserves (Feb/28) |
Low
|
||||
|
Friday, Mar 07, 2025
|
|||||||||
|
Mar 07, 14:30
|
13 days
|
|
TRY | Treasury Cash Balance (Feb) |
Low
|
-TRY204.9B | |||
|
Monday, Mar 10, 2025
|
|||||||||
|
Mar 10, 07:00
|
15 days
|
|
TRY | Industrial Production MoM (Jan) |
Low
|
||||
|
Mar 10, 07:00
|
15 days
|
|
TRY | Industrial Production YoY (Jan) |
Medium
|
||||
|
Tuesday, Mar 11, 2025
|
|||||||||
|
Mar 11, 07:00
|
16 days
|
|
TRY | Retail Sales YoY (Jan) |
Low
|
||||
|
Mar 11, 07:00
|
16 days
|
|
TRY | Auto Production YoY (Feb) |
Low
|
||||
|
Mar 11, 07:00
|
16 days
|
|
TRY | Retail Sales MoM (Jan) |
Low
|
||||
|
Mar 11, 07:00
|
16 days
|
|
TRY | Auto Sales YoY (Feb) |
Low
|
||||
|
Wednesday, Mar 12, 2025
|
|||||||||
|
Mar 12, 07:00
|
17 days
|
|
TRY | Current Account (Jan) |
Low
|
||||
|
Thursday, Mar 13, 2025
|
|||||||||
|
Mar 13, 11:30
|
18 days
|
|
TRY | Foreign Exchange Reserves (Mar/07) |
Low
|
||||
|
Monday, Mar 17, 2025
|
|||||||||
|
Mar 17, 08:00
|
22 days
|
|
TRY | Budget Balance (Feb) |
Low
|
||||
|
Thursday, Mar 20, 2025
|
|||||||||
|
Mar 20, 11:00
|
25 days
|
|
TRY | TCMB Interest Rate Decision |
Medium
|
||||
|
Mar 20, 11:00
|
25 days
|
|
TRY | Overnight Borrowing Rate (Mar) |
Low
|
||||
|
Mar 20, 11:00
|
25 days
|
|
TRY | Overnight Lending Rate (Mar) |
Low
|
||||
|
Mar 20, 11:30
|
25 days
|
|
TRY | Foreign Exchange Reserves (Mar/14) |
Low
|
||||
|
Mar 20, 14:30
|
26 days
|
|
TRY | Central Government Debt (Feb) |
Low
|
||||
|
Friday, Mar 21, 2025
|
|||||||||
|
Mar 21, 07:00
|
26 days
|
|
TRY | Consumer Confidence (Mar) |
Medium
|
85
|
|||
|
Mar 21, 08:00
|
26 days
|
|
TRY | Tourist Arrivals YoY (Feb) |
Low
|
||||
|
Mar 21, 11:00
|
26 days
|
|
TRY | Overnight Borrowing Rate (Mar) |
Medium
|
||||
|
Mar 21, 11:00
|
26 days
|
|
TRY | Overnight Lending Rate (Mar) |
Low
|
||||
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