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Turkish Startups Break Fundraising Record in 2020

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Startups Watch, a Turkey-based platform offering analytics of Turkey’s startup ecosystem, unveiled its “Turkish Startup Ecosystem 2020 Year in Review” report on January 29. The...

Relative at risk of poverty rate in Turkey decreased by approximately...

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Sustainable Development Indicators, 2010-2019 Within the framework of 2030 Agenda for Sustainable Development, adopted at the Sustainable Development Summit of United Nations which was held...

Long Term Insurance Branches in Turkey

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Long Term Insurance Branches Long term insurance branches include the services relating to invalidity, old-age and survivors’ benefits. 1. Old-Age Insurance Old age insurance is a mandatory...

Short Term Insurance Branches in Turkey

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Short Term Insurance Branches Regarding work accident and occupational disease, sickness and maternity insurance branches, treatment benefits are provided under Universal Health Insurance while cash...

Information on Social Security System in Turkey

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Social Security System The social security system in Turkey is predominantly similar to Bismarck model, one of four basic insurance systems which are Continental Model...

​​Central Bank of the Republic of Turkey Projects Single-Digit Inflation This...

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​​Central Bank of the Republic of Turkey (CBRT) Governor Naci Ağbal announced on January 28 that the bank kept Turkey’s year-end inflation rate projections...

Turkey Ranks Sixth in Automobile Sales in Europe

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Turkey ranked sixth in automobile sales in Europe in 2020, the Automotive Distributors' Association (ODD) announced. Despite the negative effects of Covid-19 outbreak roiling global markets, supply chains and...

Confidence index in Turkey increased by 2.9% in services sector, while...

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Sectoral Confidence Indices, January 2021 Starting from January 2021, the method used in the business tendency surveys for determining enterprises to apply the surveys has...

2021 to be Breakthrough for Turkey thanks to Industrial Success

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​​“With reforms put into place in the areas of law, economy and health, 2021 is slated to be a progress year for our country,”...

OECD and Fitch Ratings Revise Up their Forecasts for Turkish Economy

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​​​The Organization for Economic Cooperation and Development (OECD) raised its 2020 growth forecast for Turkey on January 14, in its “OECD Economic Survey of Turkey." Accordingly,...