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

Apr 15, 08:00
TRY Budget Balance (Mar)
Low
-TRY310.1B -TRY261.5B
Apr 17, 11:00
2 days
TRY TCMB Interest Rate Decision
Medium
42.5%
42.5%
Apr 17, 11:00
2 days
TRY Overnight Borrowing Rate (Apr)
Low
41%
41%
Apr 17, 11:00
2 days
TRY Overnight Lending Rate (Apr)
Low
46%
46%
Apr 17, 11:30
2 days
TRY Foreign Exchange Reserves (Apr/11)
Low
$77.84B
Apr 21, 14:30
6 days
TRY Central Government Debt (Mar)
Low
TRY9.91T
TRY9.9T
Apr 22, 07:00
6 days
TRY Consumer Confidence (Apr)
Medium
85.9
Apr 23, 00:00
7 days
TRY National Sovereignty and Children's Day
None
Apr 24, 07:00
8 days
TRY Capacity Utilization (Apr)
Low
74.4%
75%
Apr 24, 07:00
8 days
TRY Business Confidence (Apr)
Medium
104.1
Apr 24, 11:30
9 days
TRY Foreign Exchange Reserves (Apr/18)
Low
Apr 25, 11:00
10 days
TRY MPC Meeting Summary
Low
Apr 30, 07:00
14 days
TRY Tourism Revenues (Q1)
Low
$13.79B
$9.1B
Apr 30, 07:00
14 days
TRY Balance of Trade (Mar)
Medium
-5.9
Apr 30, 07:00
14 days
TRY Imports (Mar)
Low
Apr 30, 07:00
14 days
TRY Exports (Mar)
Low
23.2
Apr 30, 08:00
14 days
TRY Tourist Arrivals YoY (Mar)
Low
May 01, 00:00
15 days
TRY Labor and Solidarity Day
None
May 01, 11:30
16 days
TRY Foreign Exchange Reserves (Apr/25)
Low
May 02, 07:00
16 days
TRY Istanbul Chamber of Industry Manufacturing PMI (Apr)
Low
May 05, 07:00
19 days
TRY PPI YoY (Apr)
Low
May 05, 07:00
19 days
TRY Inflation Rate MoM (Apr)
Medium
May 05, 07:00
19 days
TRY PPI MoM (Apr)
Low
May 05, 07:00
19 days
TRY Inflation Rate YoY (Apr)
Medium
May 05, 07:00
19 days
TRY Balance of Trade (Apr)
Medium
May 05, 07:00
19 days
TRY Imports (Apr)
Low
May 05, 07:00
19 days
TRY Exports (Apr)
Low
May 08, 11:30
23 days
TRY Foreign Exchange Reserves (May/02)
Low
May 08, 14:30
23 days
TRY Treasury Cash Balance (Apr)
Low
May 09, 07:00
23 days
TRY Industrial Production YoY (Mar)
Medium
-2.5
May 09, 07:00
23 days
TRY Industrial Production MoM (Mar)
Low
1.5
May 12, 07:00
26 days
TRY Retail Sales MoM (Mar)
Low
-0.6
May 12, 07:00
26 days
TRY Retail Sales YoY (Mar)
Low
7.8
May 12, 07:00
26 days
TRY Auto Sales YoY (Apr)
Low
May 12, 07:00
26 days
TRY Auto Production YoY (Apr)
Low
May 13, 07:00
27 days
TRY Current Account (Mar)
Low
-3.2
May 15, 08:00
29 days
TRY Budget Balance (Apr)
Low
May 15, 11:30
30 days
TRY Foreign Exchange Reserves (May/09)
Low

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