Turkey Business Confidence Growth
2008 - 2026 | Monthly | % Point | CEIC Data
Key information about Turkey Business Confidence Growth
- Turkey Business Confidence grew 2.4 % in May 2026, compared with a decrease of 2.2 % YoY in the previous month.
- Turkey Business Confidence: YoY Change is updated monthly, available from Jan 2008 to May 2026, with an averaged rate of 1.9 %.
- The data reached an all-high of 45.1 % in Apr 2021 and a record low of -50.5 % in Dec 2008.
CEIC calculates Business Confidence Change from monthly Real Sector Confidence Index. The Central Bank of the Republic of Turkey provides Real Sector Confidence Index with range from 0 to 200 with neutral point 100. Business Confidence covers Manufacturing sector only.
View Turkey's Business Confidence Growth from Jan 2008 to May 2026 in the chart:
What was Turkey's Business Confidence Growth in May 2026?
Turkey Business Confidence grew 2.4 % in May 2026, compared with a decrease of 2.2 % YoY in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2.4 May 2026 | -2.2 Apr 2026 | -50.5 Dec 2008 | 45.1 Apr 2021 | % Point | monthly | Jan 2008 - May 2026 |
Business Confidence Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (% Point) | -1.1 Jun 2026 | quarterly | Jun 2017 - Jun 2026 |
| Armenia (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
| Australia (% Point) | -23.0 Apr 2026 | monthly | Jul 2013 - Apr 2026 |
| Austria (% Point) | 1.0 Jun 2026 | monthly | Jan 1986 - Jun 2026 |
| Belarus (% Point) | -9.6 Aug 2014 | monthly | Dec 2006 - Aug 2014 |
| Belgium (% Point) | -4.1 Jun 2026 | monthly | Jan 1981 - Jun 2026 |
| Brazil (% Point) | -3.6 Jun 2026 | monthly | Jan 2010 - Jun 2026 |
| Bulgaria (% Point) | -5.0 Jun 2026 | monthly | Jan 1994 - Jun 2026 |
| Canada (% Point) | 18.6 May 2026 | monthly | Dec 2001 - May 2026 |
| Chile (% Point) | 6.3 Jun 2026 | monthly | Nov 2004 - Jun 2026 |
| China (% Point) | 1.2 Jun 2026 | monthly | Jan 2006 - Jun 2026 |
| Colombia (% Point) | -1.6 Apr 2026 | monthly | Jan 1981 - Apr 2026 |
| Croatia (% Point) | -2.0 Jun 2026 | monthly | May 2009 - Jun 2026 |
| Cyprus (% Point) | -10.7 Jun 2026 | monthly | May 2003 - Jun 2026 |
| Czech Republic (% Point) | 2.7 Jun 2026 | monthly | Mar 1994 - Jun 2026 |
| Denmark (% Point) | -5.5 Jun 2026 | monthly | Jan 1986 - Jun 2026 |
| Ecuador (% Point) | -8.2 May 2026 | monthly | Feb 2011 - May 2026 |
| Estonia (% Point) | -1.6 Apr 2026 | monthly | May 2002 - Apr 2026 |
| European Union (% Point) | 3.5 Jun 2026 | monthly | Jan 1986 - Jun 2026 |
| Finland (% Point) | 13.1 Jun 2026 | monthly | Jan 1994 - Jun 2026 |
| France (% Point) | 4.6 Jun 2026 | monthly | Jan 1986 - Jun 2026 |
| Georgia (% Point) | 12.2 Mar 2026 | quarterly | Dec 2014 - Mar 2026 |
| Germany (% Point) | 1.6 Jun 2026 | monthly | Jan 1992 - Jun 2026 |
| Ghana (%) | 10.4 Feb 2026 | monthly | Dec 2013 - Feb 2026 |
| Greece (% Point) | 1.3 Jun 2026 | monthly | Jan 1986 - Jun 2026 |
| Hong Kong SAR, China (% Point) | 4.0 Jun 2026 | quarterly | Mar 2009 - Jun 2026 |
| Hungary (% Point) | 4.4 Jun 2026 | monthly | Jan 1997 - Jun 2026 |
| Iceland (% Point) | -84.6 Jun 2026 | quarterly | Dec 2003 - Jun 2026 |
| India (% Point) | 1.3 Jun 2026 | quarterly | Jun 2001 - Jun 2026 |
| Indonesia (% Point) | 2.7 Jun 2026 | quarterly | Mar 2011 - Jun 2026 |
| Israel (% Point) | -2.9 Jun 2026 | monthly | Jan 2016 - Jun 2026 |
| Italy (% Point) | 1.0 Jun 2026 | monthly | Jan 1986 - Jun 2026 |
| Japan (% Point) | 3.0 Sep 2026 | quarterly | Mar 2005 - Sep 2026 |
| Kazakhstan (% Point) | 1.0 Dec 2024 | quarterly | Mar 2009 - Dec 2024 |
| South Korea (% Point) | 8.0 Jul 2026 | monthly | Feb 2004 - Jul 2026 |
| Latvia (% Point) | 2.1 Nov 2025 | monthly | Apr 1994 - Nov 2025 |
| Lithuania (% Point) | 0.6 Jun 2026 | monthly | Apr 2004 - Jun 2026 |
| Luxembourg (% Point) | -3.0 Jun 2026 | monthly | Jan 1986 - Jun 2026 |
| North Macedonia (% Point) | -2.9 Dec 2022 | monthly | Apr 2002 - Dec 2022 |
| Malaysia (% Point) | 25.2 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Malta (% Point) | -20.0 Apr 2026 | monthly | Nov 2003 - Apr 2026 |
| Mauritius (% Point) | -9.1 Jun 2019 | quarterly | Mar 2011 - Jun 2019 |
| Mexico (% Point) | -4.0 May 2026 | monthly | Jan 2005 - May 2026 |
| Mozambique (% Point) | 8.9 Jun 2021 | monthly | Jan 2005 - Jun 2021 |
| Netherlands (% Point) | 5.8 Jun 2026 | monthly | Jan 1986 - Jun 2026 |
| New Zealand (% Point) | 10.2 Oct 2025 | monthly | Aug 2003 - Oct 2025 |
| Nigeria (% Point) | -5.0 May 2026 | monthly | Jul 2015 - May 2026 |
| Norway (% Point) | 6.1 Nov 2025 | monthly | Feb 2005 - Nov 2025 |
| Palestinian Territory (% Point) | 3.8 Jan 2026 | monthly | Apr 2014 - Jan 2026 |
| Peru (% Point) | -15.5 May 2026 | monthly | Apr 2003 - May 2026 |
| Philippines (% Point) | -15.2 Dec 2025 | quarterly | Jun 2002 - Dec 2025 |
| Poland (% Point) | 3.8 Nov 2025 | monthly | Jul 2006 - Nov 2025 |
| Portugal (% Point) | -1.2 Jun 2026 | monthly | Jan 1988 - Jun 2026 |
| Qatar (% Point) | -3.6 Mar 2020 | quarterly | Jun 2015 - Mar 2020 |
| Romania (% Point) | -1.4 Jun 2026 | monthly | Jul 1992 - Jun 2026 |
| Russia (% Point) | -4.0 Jun 2026 | monthly | Jan 2006 - Jun 2026 |
| Serbia (% Point) | -1.3 May 2026 | monthly | May 2014 - May 2026 |
| Singapore (% Point) | 2.6 Jun 2026 | monthly | Jan 2000 - Jun 2026 |
| Slovakia (% Point) | 0.6 Jun 2026 | monthly | Jan 1994 - Jun 2026 |
| Slovenia (% Point) | 4.8 Jun 2026 | monthly | May 1996 - Jun 2026 |
| South Africa (% Point) | -3.1 Jun 2026 | monthly | Sep 2000 - Jun 2026 |
| Spain (% Point) | 2.5 Jan 2026 | monthly | Jan 1994 - Jan 2026 |
| Sri Lanka (% Point) | 5.8 Oct 2025 | monthly | May 2016 - Oct 2025 |
| Sweden (% Point) | 13.4 Jun 2026 | monthly | Nov 1995 - Jun 2026 |
| Switzerland (% Point) | 29.8 May 2026 | monthly | Jan 1996 - May 2026 |
| Taiwan, China (% Point) | -3.2 Mar 2018 | monthly | May 2013 - Mar 2018 |
| Thailand (% Point) | -5.0 Jun 2026 | monthly | Feb 2000 - Jun 2026 |
| Turkey (% Point) | 2.4 May 2026 | monthly | Jan 2008 - May 2026 |
| Ukraine (% Point) | -5.4 Mar 2026 | quarterly | Sep 2013 - Mar 2026 |
| United Kingdom (% Point) | 8.4 Dec 2020 | monthly | Jan 1986 - Dec 2020 |
| United States (% Point) | 8.6 Jun 2026 | monthly | Jan 1949 - Jun 2026 |
| Uruguay (% Point) | -13.4 Jan 2026 | monthly | Oct 1999 - Jan 2026 |
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Learn more about what we doTurkey Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.4 Mar 2026 | quarterly | Dec 2006 - Mar 2026 |
| Consolidated Fiscal Balance (USD mn) | -6,162.688 May 2026 | monthly | Jan 2006 - May 2026 |
| Tax Revenue (USD mn) | 20,538.049 May 2026 | monthly | Jan 2006 - May 2026 |
| Tax Revenue: % of GDP (%) | 19.8 Mar 2026 | quarterly | Mar 2006 - Mar 2026 |
| National Government Debt (USD mn) | 298,427.1 2024 | yearly | 2001 - 2024 |
| Government Debt: % of GDP (%) | 23.1 Mar 2026 | quarterly | Dec 2001 - Mar 2026 |
| Forecast: Government Expenditure (TRY bn) | 67,453.452 2031 | yearly | 2000 - 2031 |
| Forecast: Government Net Debt (TRY bn) | 56,878.651 2031 | yearly | 2000 - 2031 |
| Forecast: Government Revenue (TRY bn) | 61,901.697 2031 | yearly | 2000 - 2031 |
| General Budget: ytd: Revenue: Tax (TRY th) | 5,304,078,242.465 May 2026 | monthly | Jan 2006 - May 2026 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 7,233,871,112.183 May 2026 | monthly | Jan 2006 - May 2026 |
| General Budget: ytd: Balance (TRY th) | -1,103,621,727.790 May 2026 | monthly | Jan 2006 - May 2026 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 2,943,167,919.812 May 2026 | monthly | Jan 2006 - May 2026 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 198,357,512.253 May 2026 | monthly | Jan 2006 - May 2026 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 2,167,077,903.210 May 2026 | monthly | Jan 2006 - May 2026 |
| General Budget: ytd: Revenue (TRY th) | 6,130,249,384.393 May 2026 | monthly | Jan 2006 - May 2026 |
| General Budget: Revenue (TRY mn) | 1,513,685.000 Jun 2026 | monthly | Jan 2005 - Jun 2026 |
| General Budget: Expenditure (TRY mn) | 1,398,375.050 May 2026 | monthly | Jan 2005 - May 2026 |
| General Budget: Cash Balance (TRY mn) | 50,758.760 Jun 2026 | monthly | Jan 2005 - Jun 2026 |
| Central Government Debt: External (TRY mn) | 538,505.357 Mar 2019 | monthly | Jan 2002 - Mar 2019 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.230 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -9,122.7 Oct 2025 | monthly | Jan 2013 - Oct 2025 |
| Total Exports (USD mn) | 14,265.9 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Exports Growth (%) | 2.2 Oct 2025 | monthly | Jan 2014 - Oct 2025 |
| Aluminum: Exports (USD th) | 3,851,910.706 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 1,524,597.337 2025 | yearly | 1995 - 2025 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,015,150.935 2025 | yearly | 1995 - 2025 |
| Total Imports (USD mn) | 17,684.5 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Imports Growth (%) | 6.6 Oct 2025 | monthly | Jan 2014 - Oct 2025 |
| Imports: Medicament (USD th) | 3,252,558.505 2025 | yearly | 1995 - 2025 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 3,703,549.600 2025 | yearly | 1995 - 2025 |
| Total Exports to USA (USD mn) | 1,540.000 Jun 2026 | monthly | Apr 1964 - Jun 2026 |
| Total Imports from USA (USD mn) | 1,886.000 Jun 2026 | monthly | Apr 1964 - Jun 2026 |
| Total Exports to China (USD mn) | 405.000 Jun 2026 | monthly | Jan 2013 - Jun 2026 |
| Total Imports from China (USD mn) | 5,277.000 Jun 2026 | monthly | Sep 1992 - Jun 2026 |
| Trade Balance: USD (USD mn) | -2,136.727 Mar 2019 | monthly | Jan 1969 - Mar 2019 |
| Natural Gas: Annual: Production (Cub m mn) | 3,212.954 2025 | yearly | 1976 - 2025 |
| Export Value Index (2015=100) | 173.400 2024 | yearly | 2005 - 2024 |
| Import Value Index (2015=100) | 161.000 2024 | yearly | 2005 - 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.7 May 2026 | monthly | Jan 2003 - May 2026 |
| Household Debt: % of GDP (%) | 10.5 Dec 2025 | quarterly | Dec 2014 - Dec 2025 |
| Non-Performing Loans (USD mn) | 15,954.670 May 2026 | monthly | Dec 2002 - May 2026 |
| Money Supply M1 (USD mn) | 243,611.945 May 2026 | monthly | Dec 1963 - May 2026 |
| Money Supply M2 (USD mn) | 597,591.802 May 2026 | monthly | Dec 1976 - May 2026 |
| M2 Growth (%) | 32.3 May 2026 | monthly | Dec 1977 - May 2026 |
| Reserve Requirement Ratio (%) | 17.0 Jun 2026 | monthly | Jan 2011 - Jun 2026 |
| Foreign Exchange Reserves (USD mn) | 45,522.0 May 2026 | monthly | Apr 2000 - May 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 2.548 Mar 2026 | quarterly | Jun 2000 - Mar 2026 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.6 May 2026 | monthly | Apr 2000 - May 2026 |
| Gold Reserves (USD mn) | 108,883.000 Apr 2026 | monthly | Dec 1956 - Apr 2026 |
| Total Deposits (USD mn) | 649,049.983 May 2026 | monthly | Dec 2002 - May 2026 |
| Total Deposits Growth (%) | 34.1 May 2026 | monthly | Dec 2003 - May 2026 |
| Domestic Credit (USD mn) | 696,105.7 May 2026 | monthly | Jan 1986 - May 2026 |
| Domestic Credit Growth (%) | 33.1 May 2026 | monthly | Jan 1987 - May 2026 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 28.700 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Credit to Households (USD bn) | 146.854 Dec 2025 | quarterly | Mar 1986 - Dec 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 715.121 Dec 2025 | quarterly | Mar 1986 - Dec 2025 |
| Household Debt (USD mn) | 138,120.2 May 2026 | monthly | Jan 1986 - May 2026 |
| Total Loans (USD mn) | 465,800.865 May 2026 | monthly | Jan 1986 - May 2026 |
| Total Loans Growth (%) | 37.54 May 2026 | monthly | Jan 1987 - May 2026 |
| Private Debt: % of Nominal GDP (%) | 28.29 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Money Supply: M3 (TRY th) | 29,802,204,455.000 May 2026 | monthly | Dec 2005 - May 2026 |
| Consumer Loans: BS: Non Performing (TRY mn) | 139,429.538 May 2026 | monthly | Dec 2002 - May 2026 |
| Consumer Loans: BS: Loan: Housing (TRY mn) | 782,918.165 May 2026 | monthly | Dec 2002 - May 2026 |
| Consumer Loans: Banking Sector (BS): Loan (TRY mn) | 3,267,835.339 May 2026 | monthly | Dec 2002 - May 2026 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 2.690 May 2026 | monthly | Jan 2003 - May 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 2.4 May 2026 | monthly | Jan 2008 - May 2026 |
| Composite Leading Indicator Index: Trend Restored (NA) | 403.720 Apr 2026 | monthly | Dec 1987 - Apr 2026 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 102.000 Jun 2026 | monthly | Jan 2007 - Jun 2026 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 82.956 Jun 2026 | monthly | Jan 2011 - Jun 2026 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 112.761 Jun 2026 | monthly | Jan 2011 - Jun 2026 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 110.510 Jun 2026 | monthly | Jan 2011 - Jun 2026 |
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