Capacity utilization in Turkey dropped to 75.3 percent in January of 2023 from an upwardly revised 76.5 percent in December, pointing to the lowest reading since May 2021, central bank data showed. The decline was broad-based, with utilization falling for the manufacture of chemicals (74.2 percent vs 74.8 percent in December), leather & related products (67.9 percent vs 68.9 percent), textiles (69.4 percent vs 71.3 percent), beverages (72.8 percent vs 73.9 percent), wearing apparel (78.3 percent vs 80.3 percent), and paper and paper products (81.4 vs 82.6). source: Central Bank of the Republic of Turkey

Capacity Utilization in Turkey averaged 76.09 percent from 2007 until 2023, reaching an all time high of 84.10 percent in July of 2007 and a record low of 60.80 percent in March of 2009. This page provides the latest reported value for - Turkey Capacity Utilization - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Capacity Utilization - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

Capacity Utilization in Turkey is expected to be 77.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Turkey Capacity Utilization



Calendar GMT Actual Previous Consensus TEForecast
2022-12-26 07:00 AM Dec 76.4% 75.9% 75.5%
2023-01-25 07:00 AM Jan 75.3% 76.5% 76.7%
2023-02-22 07:00 AM Feb 75.3%


Related Last Previous Unit Reference
Business Confidence 101.70 97.80 points Jan 2023
Capacity Utilization 75.30 76.50 percent Jan 2023
Leading Economic Index 4.00 3.74 percent Dec 2022

Turkey Capacity Utilization
In Turkey, Capacity Utilization is a measure of how much of the economy's potential output is being used.
Actual Previous Highest Lowest Dates Unit Frequency
75.30 76.50 84.10 60.80 2007 - 2023 percent Monthly
NSA

News Stream
Turkish Capacity Utilization Falls to 20-Month Low
Capacity utilization in Turkey dropped to 75.3 percent in January of 2023 from an upwardly revised 76.5 percent in December, pointing to the lowest reading since May 2021, central bank data showed. The decline was broad-based, with utilization falling for the manufacture of chemicals (74.2 percent vs 74.8 percent in December), leather & related products (67.9 percent vs 68.9 percent), textiles (69.4 percent vs 71.3 percent), beverages (72.8 percent vs 73.9 percent), wearing apparel (78.3 percent vs 80.3 percent), and paper and paper products (81.4 vs 82.6).
2023-01-25
Turkey Capacity Utilization Rate Rises in December
Capacity utilization in Turkey increased to 76.4 percent in December of 2022 from 75.9 percent in November, driven particularly by the rise in manufacture of motor vehicles, trailers & semi-trailers (83.2 percent vs 79.4 percent in November), chemicals (74.8 percent vs 66.9 percent), leather & related products (68.9 percent vs 65.8 percent) and textiles (71.3 percent vs 70.4 percent). On the other hand, utilization rate slightly went down for manufacture of beverages (73.9 percent vs 74.5 percent), wearing apparel (80.3 percent vs 81.5 percent) and basic pharmaceutical products (77.8 percent vs 78.1 percent).
2022-12-26
Turkey Capacity Utilization Continues to Fall
Capacity utilization in Turkey fell to 75.9 percent in November from 76.9 percent in the previous month, and marking the second consecutive month of decline. Manufacture were mostly down for chemicals (66.9 percent vs 73.7 percent in October). On the other hand, utilization rate sharply went up for manufacture of tobacco (77.6 percent vs 69.6 percent), while unchanged for food & beverages (at 75.2 percent).
2022-11-24