Inflation Rate in Turkey decreased to 35.05 percent in June from 35.41 percent in May of 2025. This dataset provides the latest reported value for - Turkey Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows the average inflation rate in Turkey from 1987 to 2024, with projections up until 2030. In 2024, the average inflation rate in Turkey was at around 58.51 percent compared to the previous year. Turkey’s economy With a continuously growing gross domestic product /GDP and thus a rising share in the global GDP adjusted for Purchasing Power Parity, Turkey’s economy is one of the largest worldwide. By 2030, Turkey is estimated to be one of the countries with the highest gross domestic product worldwide. Import of goods figures and export figures are rising as well, however, the trade balance of Turkey has been in the negative range for several years now with a downwards trend which indicates a serious trade deficit – or in other words: an imbalance between export and import costs; the value of goods Turkey imports is a lot higher than the value of exported goods. Main export partners of Turkey for textiles, automotive goods, iron and steel, among other goods, are mostly European countries, with Germany leading the ranking, followed by Iraq, Great Britain, Italy and France. The most important economic sector for Turkey is the services sector, especially the tourism sector, which has experienced a significant boost over the last decade. Thus, Turkey is now among the most popular destinations for visitors of all nations. A look at gross domestic product /GDP growth in Turkey shows that the country suffered a brief setback during the economic crisis of 2008, but swiftly recovered and was back in the black by 2010. Turkey’s employment figures hardly suffered at all, they too recovered quickly and are now back to pre-crisis levels.

Core consumer prices in Turkey increased 35.64 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Turkey Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Consumer Price Index in Turkey increased 1.37 percent in June of 2025 over the previous month. This dataset provides the latest reported value for - Turkey Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Turkey Core Inflation Index: YoY data was reported at 12.872 % in Dec 2026. This records a decrease from the previous number of 15.625 % for Sep 2026. Turkey Core Inflation Index: YoY data is updated quarterly, averaging 20.015 % from Mar 1961 (Median) to Dec 2026, with 264 observations. The data reached an all-time high of 136.887 % in Mar 1995 and a record low of -0.143 % in Mar 1961. Turkey Core Inflation Index: YoY data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Turkey – Table TR.OECD.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Quarterly. None

Inflation, consumer prices (annual %) in Turkey was reported at 58.51 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Turkey - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Cost of food in Turkey increased 30.20 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Turkey Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Turkey Core Inflation Index data was reported at 19.262 Index, 2009 in Dec 2026. This records an increase from the previous number of 18.792 Index, 2009 for Sep 2026. Turkey Core Inflation Index data is updated quarterly, averaging 0.005 Index, 2009 from Mar 1960 (Median) to Dec 2026, with 268 observations. The data reached an all-time high of 19.262 Index, 2009 in Dec 2026 and a record low of 0.000 Index, 2009 in Dec 1960. Turkey Core Inflation Index data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Turkey – Table TR.OECD.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Quarterly. None

Turkey Consumer Price Index (CPI): YoY data was reported at 12.872 % in Dec 2026. This records a decrease from the previous number of 15.625 % for Sep 2026. Turkey Consumer Price Index (CPI): YoY data is updated quarterly, averaging 21.058 % from Mar 1961 (Median) to Dec 2026, with 264 observations. The data reached an all-time high of 122.535 % in Mar 1995 and a record low of -0.143 % in Mar 1961. Turkey Consumer Price Index (CPI): YoY data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Turkey – Table TR.OECD.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Quarterly. CPI_YTYPCT- Headline inflation The CPI year-on-year changes is a measure of inflation

Inflation, GDP deflator (annual %) in Turkey was reported at 68.23 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Turkey - Inflation, GDP deflator (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The statistic shows the gross domestic product (GDP) per capita in Turkey from 1987 to 2024, with projections up until 2030. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a change in it is a sign of economic growth. In 2024, the GDP per capita in Turkey was estimated to be around 15,463.29 U.S. dollars. Turkey and the economic crisis Due to slight economic growth, Turkey is beginning to be recognized as an emerging market and one of the newer industrialized countries in the world. After the global financial recession, many economical aspects of the country crashed. However, Turkey implemented stimulus packages, including temporary tax cuts, and as a result, Turkey’s economy recovered from the crisis faster than many other nations. Not only is Turkey’s economic recovery is evident in an annual rise in GDP, but also in a significant plunge in unemployment since the crash as well as in a decrease of the inflation rate , which reached decade-low levels. Turkey specializes in the production of clothing, automotive, iron and steel, chemicals and agricultural products. Due to a high agricultural output rate, Turkey has been efficient in food production and is viewed as one of the most plentiful producers of fresh fruit worldwide. Agricultural production has also seen growth over the years in the country; however Turkey has slowly become less dependent on it as a main source of income.

This statistic shows the growth of the real gross domestic product (GDP) in Turkey from 2020 to 2024, with projections up until 2030. The real GDP is also known as economic growth. In 2024, the growth of the real GDP in Turkey was at approximately 3.18 percent compared to the previous year. Turkey's economy Based on economic standards, Turkey is recognized as an emerging market and is one of the world’s newly industrialized countries, having earned a place in the Group of Twenty, which is a group consisting of the twenty most important economies in the world. Turkey’s economical significance is partially attributed to the country’s growth, especially during the recent global financial recession. While countries around the world struggled to grow, let alone maintain a balanced economy, Turkey experienced a rather high percentage of gross domestic product growth annually. Additionally, Turkey’s financial sector saw significant improvements, most notably with the country’s inflation, which reached rates lower than those prior to the financial crash and even the lowest in a decade. With a rapidly growing populace as well as having had one of the fastest growing economies in Europe and the world, Turkey managed to maintain a stable and unchanged unemployment rate over the past decade, with the exception of 2009. However, despite a significant spike in unemployment, Turkey’s competent management helped bring the total unemployment rate to single digits for the first time in many years.

Gross domestic product is the total value of all goods and services produced in a country in a year. It is considered an important indicator of the economic strength of a country. In 2024, GDP in Turkey amounted to around 1,322.41 billion U.S. dollars. Gross domestic product as a reliable indicatorGross domestic product, or GDP for short, not only shows the aforementioned value; by doing so it gives an idea of the state of a country’s economy and standard of living. The higher and more stable a country’s GDP, the better its economic situation. Since GDP is measured consistently worldwide, comparisons between countries are possible and quite reliable. Turkey’s economy on the decline? Turkey’s gross domestic product has been on a decline for the past years and is estimated to hit rock bottom in 2019, with a projected steep upturn afterwards. At the same time, inflation is set to peak at almost 17.5 percent the same year, and unemployment is on the rise. All in all, the figures do not look promising for Turkey, but at least estimations assume a quick recovery. However, this economic development is likely due to the political path the country has chosen in recent years, and it remains to be seen if the forecasts will prove true in the future or if Turkey’s economy needs to brace itself for a further downturn instead.

Inflation, GDP deflator: linked series (annual %) in Turkey was reported at 58.48 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Turkey - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

The benchmark interest rate in Turkey was last recorded at 43 percent. This dataset provides the latest reported value for - Turkey Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index CPI in Turkey increased to 3132.17 points in June from 3089.74 points in May of 2025. This dataset provides the latest reported value for - Turkey Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The USD/TRY exchange rate rose to 40.6150 on August 1, 2025, up 0.06% from the previous session. Over the past month, the Turkish Lira has weakened 2.18%, and is down by 22.33% over the last 12 months. Turkish Lira - values, historical data, forecasts and news - updated on August of 2025.

核心通货膨胀指数：同比在12-01-2026达12.872%，相较于09-01-2026的15.625%有所下降。核心通货膨胀指数：同比数据按季更新，03-01-1961至12-01-2026期间平均值为20.015%，共264份观测结果。该数据的历史最高值出现于03-01-1995，达136.887%，而历史最低值则出现于03-01-1961，为-0.143%。CEIC提供的核心通货膨胀指数：同比数据处于定期更新的状态，数据来源于Organisation for Economic Co-operation and Development，数据归类于全球数据库的土耳其 – Table TR.OECD.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Quarterly。

Harmonised Consumer Prices in Turkey increased to 1201.39 points in June from 1185.16 points in May of 2025. This dataset provides - Turkey Harmonised Consumer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Turkey increased 24.45 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Turkey Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.