Converter New Turkish Lira (exchange rate TRY)

New Turkish Lira

• iso 4217: TRY
• Turkey (Asia)

Turkey Business Confidence

In Turkey, business confidence declined to 113.8 in May of 2012 from 116 in April of 2012. Historically, from 2007 until 2012, Turkey Business Confidence averaged 102.5900 reaching an all time high of 121.2000 in April of 2007 and a record low of 52.0000 in December of 2008. The Central Bank of the Republic of Turkey Business Tendency Survey (BTS) compiles the assessments of the senior managers, whose decisions are important for the economy, on the recent past, current situation and their expectations regarding the future course of business environment. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do. This page includes a chart with historical data for Turkey Business Confidence.

source: Central Bank of Turkey

Turkey Current Account to GDP

Turkey reported a Current Account deficit of 9.90 percent of the country's Gross Domestic Product in 2011. Historically, from 1980 until 2011, Turkey Current Account to GDP averaged -2.1800 Percent reaching an all time high of 2.0000 Percent in December of 2001 and a record low of -9.9000 Percent in December of 2011. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Turkey Current Account to GDP.

source:

Turkey Government Debt To GDP

Turkey recorded a Government Debt to GDP of 39.40 percent of the country's Gross Domestic Product in 2011. Historically, from 2000 until 2011, Turkey Government Debt To GDP averaged 53.1300 Percent reaching an all time high of 77.9000 Percent in December of 2001 and a record low of 39.4000 Percent in December of 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Turkey Government Debt To GDP.

source: Eurostat

Turkey Government Budget

Turkey reported a Government Budget deficit equal to 1.40 percent of the country's Gross Domestic Product in 2011. Historically, from 2001 until 2011, Turkey Government Budget averaged -6.8400 Percent of GDP reaching an all time high of 0.8000 Percent of GDP in December of 2006 and a record low of -33.0000 Percent of GDP in December of 2001. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Turkey Government Budget.

source: Eurostat

Turkey Current Account

Turkey reported a current account deficit equivalent to 6121 Million USD in March of 2012. Historically, from 1984 until 2012, Turkey Current Account averaged -984.9500 Million USD reaching an all time high of 1132.0000 Million USD in September of 1998 and a record low of -9593.0000 Million USD in March of 2011. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Turkey Current Account.

source: Central Bank of Turkey

Turkey Consumer Confidence

In Turkey, consumer confidence declined to 91.1 in April of 2012 from 93.9 in March of 2012. Historically, from 2004 until 2012, Turkey Consumer Confidence averaged 91.8100 reaching an all time high of 111.9000 in February of 2004 and a record low of 68.8800 in November of 2008. TurkStat Consumer Tendency Survey aims at finding out consumer tendencies and expectations for general economic course, job opportunities, personal financial standing and market developments in order to assess their expenditure behavior as well as their expectations. The survey covers all individuals at the age of 15 and above having a job in urban and rural areas of Turkey that provides income, who are employed as samples in Household Labour Force Survey. The index is evaluated between 0 and 200. If it is above 100, it means consumer confidence is optimistic. If it is below 100, consumer confidence is pessimistic. 100 refer to neutral opinion in consumer confidence. This page includes a chart with historical data for Turkey Consumer Confidence.

source: Turkish Statistical Institute

Turkey Unemployment Rate

The unemployment rate in Turkey was last reported at 9.1 percent in February of 2012. Historically, from 2005 until 2012, Turkey Unemployment Rate averaged 10.9200 Percent reaching an all time high of 16.1000 Percent in February of 2009 and a record low of 8.8000 Percent in May of 2006. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Turkey Unemployment Rate.

source: Turkish Statistical Institute

Turkey Industrial Production

Industrial Production in Turkey increased 2.40 percent in March of 2012. Historically, from 1986 until 2012, Turkey Industrial Production averaged 4.6700 Percent reaching an all time high of 25.2000 Percent in December of 2009 and a record low of -23.7000 Percent in February of 2009. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for Turkey Industrial Production.

source: Turkish Statistical Institute

Turkey Inflation Rate

The inflation rate in Turkey was recorded at 10.78 percent in April of 2012. Historically, from 1965 until 2012, Turkey Inflation Rate averaged 38.5900 Percent reaching an all time high of 138.7100 Percent in May of 1980 and a record low of -4.0100 Percent in June of 1968. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Turkey Inflation Rate.

source: Turkish Statistical Institute

Turkey Balance of Trade

Turkey reported a trade deficit equivalent to 7346 Million USD in March of 2012. Historically, from 1984 until 2012, Turkey Balance of Trade averaged -2150.1800 Million USD reaching an all time high of -2.0000 Million USD in December of 1988 and a record low of -10414.0000 Million USD in September of 2011. Turkey major exports are: textiles and clothing, automotive, iron and steel, white goods and chemicals, pharmaceuticals and ships. Turkey imports mainly machinery, chemicals, semi-finished goods, fuels and transport equipment. Its main trading partners are: European Union (57% exports, 40% imports), Russia and The United States. This page includes a chart with historical data for Turkey Balance of Trade.

source: Turkish Statistical Institute

Turkey Imports

Turkey imports were worth 20597 Million USD in March of 2012. Historically, from 1984 until 2012, Turkey Imports averaged 5826.7400 Million USD reaching an all time high of 21643.0000 Million USD in March of 2011 and a record low of 664.0000 Million USD in January of 1984. Turkey imports mainly machinery, chemicals, semi-finished goods, fuels and transport equipment. Its principal trading partners are European Union countries (Germany, United Kingdom, Italy, France), Russia, China and United States. This page includes a chart with historical data for Turkey Imports.

source: Turkish Statistical Institute

Turkey Exports

Turkey exports were worth 13251 Million USD in March of 2012. Historically, from 1984 until 2012, Turkey Exports averaged 3676.0400 Million USD reaching an all time high of 13251.0000 Million USD in March of 2012 and a record low of 437.0000 Million USD in July of 1984. Turkey major exports are: textiles and clothing, automotive, iron and steel, white goods and chemicals and pharmaceuticals. Turkey is also one of the leading shipbuilding nations. Turkey's main export partners are European Union, United States and Russia. This page includes a chart with historical data for Turkey Exports.

source: Turkish Statistical Institute

Turkey Interest Rate

The benchmark interest rate in Turkey was last reported at 5.75 percent. Historically, from 1990 until 2012, Turkey Interest Rate averaged 61.0600 Percent reaching an all time high of 500.0000 Percent in March of 1994 and a record low of 5.0000 Percent in February of 2000. In Turkey the interest rates decisions are taken by the Central Bank of the Republic of Turkey Monetary Policy Committee (Türkiye Cumhuriyet Merkez Bankasi - TCMB). Since May 18, 2010 the main interest rate is 1 Week Repo Lending Rate. This page includes a chart with historical data for Turkey Interest Rate.

source: Central Bank of Turkey

Turkey GDP Growth Rate

The Gross Domestic Product (GDP) in Turkey expanded 0.60 percent in the fourth quarter of 2011 over the previous quarter. Historically, from 1998 until 2011, Turkey GDP Growth Rate averaged 0.9600 Percent reaching an all time high of 6.6900 Percent in June of 2009 and a record low of -7.5700 Percent in March of 2009. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. Turkey is a rapidly developing country and the largest national economy in Central and Eastern Europe. Turkey's dynamic economy is a complex mix of modern industry and commerce along with a traditional agriculture sector that still accounts for about 30% of employment. It has a strong and rapidly growing private sector, yet the state remains a major participant in basic industry, banking, transport, and communication. This page includes a chart with historical data for Turkey GDP Growth Rate.

source: Turkish Statistical Institute

Turkey GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Turkey expanded 5.20 percent in the fourth quarter of 2011 over the same quarter of the previous year. Historically, from 1999 until 2011, Turkey GDP Annual Growth Rate averaged 4.0800 Percent reaching an all time high of 12.6000 Percent in March of 2010 and a record low of -14.7000 Percent in March of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for Turkey GDP Annual Growth Rate.

source: Turkish Statistical Institute

Turkey Annual Retail Sales

Retail Sales in Turkey increased 12.60 percent in December of 2011 over the same month in the previous year. Historically, from 2006 until 2011, Turkey Annual Retail Sales averaged 10.0500 Percent reaching an all time high of 27.7000 Percent in March of 2007 and a record low of -11.1000 Percent in March of 2009. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Turkey Annual Retail Sales.

source: Turkstat

Turkey Retail Sales

Retail Sales in Turkey increased 2.20 percent in December of 2011 over the previous month. Historically, from 2005 until 2011, Turkey Retail Sales averaged 4.3900 Percent reaching an all time high of 37.5000 Percent in June of 2006 and a record low of -27.0000 Percent in March of 2006. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Turkey Retail Sales.

source: Turkish Statistical Institute

Turkey GDP per capita

The Gross Domestic Product per capita in Turkey was last reported at 5348.57 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in Turkey is equivalent to 43 percent of the world's average. Historically, from 1960 until 2010, Turkey GDP per capita averaged 3094.8800 USD reaching an all time high of 5348.5700 USD in December of 2010 and a record low of 1556.0000 USD in December of 1961. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Turkey GDP per capita.

source: World Bank

Turkey GDP per capita PPP

The Gross Domestic Product per capita in Turkey was last reported at 15320.88 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Turkey, when adjusted by Purchasing Power Parity is equivalent to 70 percent of the world's average. Historically, from 1980 until 2010, Turkey GDP per capita PPP averaged 6928.7900 USD reaching an all time high of 15320.8800 USD in December of 2010 and a record low of 2063.3900 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Turkey GDP per capita PPP.

source: World Bank

Turkey Population

Historically, from 1960 until 2010, Turkey Population averaged 51.2000 Million reaching an all time high of 73.7200 Million in December of 2010 and a record low of 28.2300 Million in December of 1960. The total population in Turkey was last reported at 73.7 million people in 2010 from 28.2 million in 1960, changing 161 percent during the last 50 years. Turkey has 1.07 percent of the world´s total population which means that one person in every 94 people on the planet is a resident of Turkey. This page includes a chart with historical data for Turkey's Total Population. This page includes a chart with historical data for Turkey Population.

source: World Bank

datas from tradingeconomics.com

28 May 2012 ► Converter New Turkish Lira ► Free online currency conversion based on exchange rates. Currency converter