The economic confidence index in Turkey increased to 97.1 in January 2020 from an upwardly revised 96.5 in the previous month. This was the strongest reading since April 2018, as sentiment improved among service providers (95.2 from 93.2 in December 2019), retailers (105.0 from 102.6), and constructors (78.9 from 68.9), while that of among consumers was unchanged (at 58.8). Meantime, morale weakened among manufacturers (106.4 from 108.7). Turkey Economic Confidence Index - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Economic Optimism Index in Turkey averaged 99.07 points from 2007 until 2020, reaching an all time high of 114.90 points in January of 2011 and a record low of 60.80 points in November of 2008. This page provides the latest reported value for - Turkey Economic Optimism Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Turkish Statistical Institute

Economic Optimism Index in Turkey is expected to be 95.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Optimism Index in Turkey to stand at 98.00 in 12 months time. In the long-term, the Turkey Economic Confidence Index is projected to trend around 101.00 points in 2021, according to our econometric models.


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Turkey Economic Confidence Index

Actual Previous Highest Lowest Dates Unit Frequency
97.10 96.50 114.90 60.80 2007 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-10-30 07:00 AM Oct 89.8 86 87.5
2019-11-28 07:00 AM Nov 91.3 89.8 90.9
2019-12-30 07:00 AM Dec 93.8 91.3 92.5
2020-01-29 07:00 AM Jan 97.1 96.5 93.2
2020-02-27 07:00 AM Feb 97.1 94.4
2020-03-27 07:00 AM Mar 95
2020-04-29 07:00 AM Apr
2020-05-28 07:00 AM May


News Stream
Turkish Economic Morale Strongest in 21 Months
The economic confidence index in Turkey increased to 97.1 in January 2020 from an upwardly revised 96.5 in the previous month. This was the strongest reading since April 2018, as sentiment improved among service providers (95.2 from 93.2 in December 2019), retailers (105.0 from 102.6), and constructors (78.9 from 68.9), while that of among consumers was unchanged (at 58.8). Meantime, morale weakened among manufacturers (106.4 from 108.7).
2020-01-29
Turkish Economic Confidence at 1-1/2-Year High
The economic confidence index in Turkey increased to 93.8 in December 2019 from 91.3 in the previous month. This was the strongest reading since July last year, as sentiment improved among manufacturers (108.7 from 105.9 in November), service providers (93.2 from 91.3), retailers (102.6 from 101.2), and constructors (68.9 from 63.9). Meantime, morale weakened among consumers (58.8 from 59.9).
2019-12-30
Turkish Economic Morale Strongest in 16 Months
The economic confidence index in Turkey increased to 91.3 in November 2019 from 89.8 in the previous month. This was the strongest reading since July last year, as sentiment improved among manufacturers (105.9 from 104.2 in October), service providers (91.3 from 90.7) and consumers (59.9 from 57.0). Meantime, morale weakened among retailers (101.2 from 102.3) and constructors (63.9 from 65.1).
2019-11-28
Turkish Economic Morale Strongest in 15 Months
The economic confidence index in Turkey increased to 89.8 in October 2019 from 86 in the previous month. This was the strongest reading since July last year, as sentiment improved among all of sub-indices: manufacturers (104.2 from 99.7 in September), retailers (102.3 from 97.6), service providers (90.7 from 89.3), constructors (65.1 from 60.1) and consumers (57.0 from 55.8).
2019-10-30

Turkey Economic Confidence Index
In Turkey, economic confidence index is a composite index that encapsulates consumers’ and producers’ evaluations, expectations and tendencies about general economic situation. The index is combined by means of a weighted aggregation of normalized sub-indices of consumer confidence, seasonally adjusted real sector (manufacturing industry), services, retail trade and construction confidence indices. The economic confidence index indicates an optimistic outlook about the general economic situation when the index is above 100, on contrary it indicates a pessimistic outlook when it is below 100.