The economic confidence index in Turkey decreased to 96.9 in November of 2022 from 97.1 in the previous month, as sentiment deteriorated mainly among service providers (118.1 vs.119.3 in October) and manufacturers (101.3 vs. 102), while improved for retailers (121.9 vs. 119.4), constructors (91.6 vs. 90.5) and consumers (76.6 vs. 76.2). source: Turkish Statistical Institute

Economic Optimism Index in Turkey averaged 99.77 points from 2007 until 2022, reaching an all time high of 112.80 points in January of 2011 and a record low of 57.00 points in April of 2020. 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. Turkey Economic Confidence Index - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Economic Optimism Index in Turkey is expected to be 96.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Economic Confidence Index is projected to trend around 102.00 points in 2023, according to our econometric models.

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Turkey Economic Confidence Index



Calendar GMT Actual Previous Consensus TEForecast
2022-10-27 07:00 AM Oct 97.1 94.3
2022-11-29 07:00 AM Nov 96.9 97.1 97.7
2022-12-29 07:00 AM Dec 96.9 96


Related Last Previous Unit Reference
Consumer Confidence 76.60 76.20 points Nov 2022
Retail Sales MoM 1.80 3.70 percent Sep 2022
Retail Sales YoY 9.73 9.26 percent Sep 2022
Consumer Spending 390386269.00 348596722.30 TRY THO Sep 2022
Economic Optimism Index 96.90 97.10 points Nov 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
96.90 97.10 112.80 57.00 2007 - 2022 points Monthly

News Stream
Turkish Economic Confidence Falls in November
The economic confidence index in Turkey decreased to 96.9 in November of 2022 from 97.1 in the previous month, as sentiment deteriorated mainly among service providers (118.1 vs.119.3 in October) and manufacturers (101.3 vs. 102), while improved for retailers (121.9 vs. 119.4), constructors (91.6 vs. 90.5) and consumers (76.6 vs. 76.2).
2022-11-29
Turkish Economic Morale Strongest in 8 Months
The economic confidence index in Turkey rose to 97.1 in October of 2022 from 94.3 in the previous month. It was the highest reading since February as confidence improved in all sectors: service providers (119.3 vs.118.2 in September), retailers (119.4 vs. 115.9), consumers (76.2 vs. 72.4), constructors (90.5 vs. 88.1) and manufacturers (102 vs. 100.2).
2022-10-27
Turkish Economic Sentiment Unchanged in September
The economic confidence index in Turkey remain steady at 94.3 in September of 2022, the same as in the prior month. Sentiment improved among service providers (118.2 vs.116.2 in August), retailers (115.9 vs. 112.9), consumers (72.4 vs. 72.2) and constructors (88.1 vs. 86.3). On the other hand, sentiment deteriorated among manufacturers (100.2 vs. 101.4).
2022-09-29