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The new economic program expects Turkey’s GDP to grow 9 percent...

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Turkey Unveils 2022-2024 Medium-Term Program Turkey's Medium-Term Program (MTP) for 2022-2024, co-developed by the Ministry of Treasury and Finance and the Presidency of Strategy and...

Turkish Economy Grows 21.7 percent in Q2 2021

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The robust recovery in the Turkish economy continued at full speed and Turkey's GDP grew by 21.7 percent year-on-year in the second quarter of...

Turkey’s Employment Data Reaches 33-Month High in June

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​Turkish Statistical Institute (TurkStat) revealed the labor force statistics of June 2021. Accordingly, the number of people employed reached 28.6 million in June, the...

Fitch Ratings Raises Turkey’s Growth Forecast for 2021

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​In its recent review, Fitch Ratings increased its growth forecast for Turkey to 7.9 percent for 2021 from 6.3 percent in its June assessment,...

Total foreign currency assets of the banking sector in Turkey increased...

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BIS-Locational and Consolidated Banking Statistics Developments - 2021Q1 BIS – Locational Banking Statistics Total foreign currency assets of the banking sector in Turkey increased by 0.2...

Manufacturing PMI in Turkey Records 6-month High in July

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​Turkey's Manufacturing Purchasing Managers' Index (PMI) peaked to its highest level in six months in July, announced IHS Markit's monthly PMI report prepared in collaboration...

Manufacturing PMI in Turkey above Threshold Level in June

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Turkey's Manufacturing Purchasing Managers' Index (PMI) edged above the threshold level in June, announced the IHS Markit's monthly PMI report prepared in collaboration with...

Turkish Startups Receive USD 1.2 Billion Investment in the First Half

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​In the first quarter of 2021, 61 startups had raised USD 508 million from angel investors and venture capital funds, setting a record for...

EY Report Marks Turkey One of the Largest Investment Destinations in...

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​​​​Consulting firm Ernst & Young's (EY) recent "EY Attractiveness Survey Europe June 2021," report revealed that despite the 13 percent decline in the number...

Turkey’s Export Climate Index rose from 56.0 in April to 58.4...

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Turkey’s Export Climate Index at 15-Year High ​​It is an obvious fact that the Turkish economy is one of the few economies in the world...