Leading Economic Index Turkey increased 3.40 percent in October of 2020 over the same month in the previous year. source: Central Bank of the Republic of Turkey

Leading Economic Index in Turkey averaged 3.45 percent from 1988 until 2020, reaching an all time high of 12.15 percent in January of 2010 and a record low of -8.99 percent in April of 2020. This page provides the latest reported value for - Turkey Leading Economic Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Leading Economic Index - values, historical data and charts - was last updated on November of 2020.

Leading Economic Index in Turkey is expected to be -4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Turkey to stand at 6.40 in 12 months time. In the long-term, the Turkey Leading Economic Index is projected to trend around 5.10 percent in 2021 and 4.60 percent in 2022, according to our econometric models.

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Turkey Leading Economic Index

Actual Previous Highest Lowest Dates Unit Frequency
3.40 4.46 12.15 -8.99 1988 - 2020 percent Monthly
1995=100

Turkey Business Last Previous Highest Lowest Unit
Business Confidence 103.90 108.10 123.30 52.60 points [+]
Manufacturing PMI 53.90 52.80 56.90 33.40 points [+]
Industrial Production 8.10 10.60 27.30 -31.30 percent [+]
Industrial Production Mom 3.40 8.50 18.20 -30.10 percent [+]
Manufacturing Production 11.40 5.30 25.60 -33.20 percent [+]
Capacity Utilization 75.80 75.40 82.00 58.70 percent [+]
Changes in Inventories 30991052.90 46404131.40 46404131.40 -52290379.90 TRY THO [+]
Bankruptcies 1331.00 1582.00 3113.00 11.00 Companies [+]
Total Vehicle Sales 94733.00 90619.00 156173.00 1764.00 [+]
Car Production 150746.00 142129.00 163460.00 1421.00 Units [+]
Car Registrations 114426.00 105732.00 157531.00 5921.00 [+]
Leading Economic Index 3.40 4.46 12.15 -8.99 percent [+]
Internet Speed 7557.69 7551.73 7560.46 1008.59 KBps [+]
IP Addresses 8079762.00 7904681.00 9682770.00 2632946.00 IP [+]
Mining Production 5.20 -5.10 39.90 -27.70 percent [+]
Steel Production 3208.06 3224.95 3382.29 152.00 Thousand Tonnes [+]
Competitiveness Index 62.14 61.60 62.14 4.13 Points [+]
Competitiveness Rank 61.00 61.00 63.00 43.00 [+]
Ease of Doing Business 33.00 43.00 73.00 33.00 [+]
Electricity Production 25815.00 23633.00 29183.00 14829.00 Gigawatt-hour [+]
Corruption Index 39.00 41.00 50.00 31.00 Points [+]
Corruption Rank 91.00 78.00 91.00 29.00 [+]


Turkey Leading Economic Index
In Turkey, the Composite Leading Indicator – MBONCU-SUE - predicts fluctuations in economic activity. It was constructed by the Central Bank with OECD cooperation, and includes the following series: amount of electricity produced, treasury auction interest rate weighted by the amount sold, imports of intermediate goods, CBRT Business Tendency Survey related to (1) stocks of finished goods, (2) amount of new orders received from domestic market, (3) export possibilities and (4) employment. The index has a base value of 100 as of 1995.