The inflation rates of various energy commodities in Turkey skyrocketed in 2022 and again in 2024. The annual rate of change of the energy price inflation peaked in June 2022 at 172.9 percent after climbing continuously from late 2020. August 2022 saw energy inflation drop somewhat, though energy prices were still 133 percent higher than they were that same month in the previous year. Gas and electricity price inflation have also seen significant increases in the period of consideration. Gas inflation skyrocketed with an annual rate of change of over 500 percent at the end of 2024.
In Turkey, industrial electricity rates peaked at 0.3 U.S. dollars per kilowatt-hour in the third quarter of 2022. As of the fourth quarter of 2023, the rates dropped to the lowest figures throughout the observed period and equaled 0.16 U.S. dollars per kilowatt-hour.
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Have timely access to reliable Electricity price assessments in Turkey:
Each assessment includes Electricity price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Electricity price assessments for Turkey and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
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Graph and download economic data for Harmonized Index of Consumer Prices: Energy for Turkey (ENRGY0TRM086NEST) from Jan 1996 to Feb 2025 about Turkey, harmonized, energy, CPI, price index, indexes, and price.
The natural gas prices for household end users (including taxes, levies, and VAT) in Turkey declined to 7.88 euro cents per kWh in the second half of 2021. This marks the lowest natural gas prices during the observed period.The prices include electricity/basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on similiar topics in Turkey with key insights such as electricity prices for household end users incl. tax.
The electricity prices for industrial use in Turkey had an increase of 829 percent between the first halfs of 2014 and 2022. The prices have constantly increased since 2014, except for a minor decrease in the last half of 2020. The price of the electricity was 23 kuruş in 2014, while in the first half of 2022, it rose to a record price of over 217 kuruş per 1 kWh for industrial use in the country.
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Have timely access to reliable Natural Gas price assessments in Turkey:
Each assessment includes Natural Gas price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Natural Gas price assessments for Turkey and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
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Graph and download economic data for Producer Prices Index: Economic Activities: Energy: Domestic for Turkey (TURPIEAEN02IXOBM) from Jan 2003 to Dec 2022 about Turkey, energy, PPI, price index, indexes, and price.
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Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Turkiye (TURCPIENGMINMEI) from Jan 1994 to Jan 2025 about Turkey, energy, CPI, price index, indexes, and price.
In the first half of 2022, the electricity prices for household end users (including taxes, levies, and VAT) in Turkey did not change in comparison to the previous six months. The electricity prices for household end users (including taxes, levies, and VAT) remained at 0.02 euro cents per kWh.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about Turkey with key insights such as natural gas prices for household end users incl. tax.
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Graph and download economic data for Producer Prices Index: Economic Activities: Energy: Domestic for Turkey (TURPIEAEN02IXOBQ) from Q1 2003 to Q4 2022 about Turkey, energy, PPI, price index, indexes, and price.
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Turkey Consumer Price Index (CPI): Weights: Water, Electricity, Gas & Other Fuels (WE) data was reported at 14.850 % in 2018. This stayed constant from the previous number of 14.850 % for 2017. Turkey Consumer Price Index (CPI): Weights: Water, Electricity, Gas & Other Fuels (WE) data is updated yearly, averaging 16.530 % from Dec 2003 (Median) to 2018, with 16 observations. The data reached an all-time high of 18.630 % in 2009 and a record low of 14.850 % in 2018. Turkey Consumer Price Index (CPI): Weights: Water, Electricity, Gas & Other Fuels (WE) data remains active status in CEIC and is reported by Turkish Statistical Institute. The data is categorized under Global Database’s Turkey – Table TR.I010: Consumer Price Index: Weights.
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Turkey TR: Electricity Price: NC: HC: Less Than 1000 KwH: excl Taxes & Levies data was reported at 1.374 TRY/kWh in Jun 2024. This records a decrease from the previous number of 1.378 TRY/kWh for Dec 2023. Turkey TR: Electricity Price: NC: HC: Less Than 1000 KwH: excl Taxes & Levies data is updated semiannually, averaging 0.321 TRY/kWh from Dec 2007 (Median) to Jun 2024, with 34 observations. The data reached an all-time high of 1.491 TRY/kWh in Jun 2023 and a record low of 0.123 TRY/kWh in Dec 2007. Turkey TR: Electricity Price: NC: HC: Less Than 1000 KwH: excl Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Turkey – Table TR.Eurostat: Electricity Price: Household Consumers.
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Have timely access to reliable Crude Oil price assessments in Turkey:
Each assessment includes Crude Oil price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Crude Oil price assessments for Turkey and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
Electricity prices for households in Turkey increased by 293 percent between the first half of 2014 and the first half of 2022. The prices have constantly increased since 2014, except for a slight decrease in the first half of 2019. The price of electricity was 35 kuruş in 2014, while in the first half of 2022, it rose to a record price of 139 kuruş per 1 kWh for households.
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Have timely access to reliable Gasoline price assessments in Turkey:
Each assessment includes Gasoline price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Gasoline price assessments for Turkey and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
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Turkey TR: Electricity Price: NH: 150000 MwH & Above: incl All Taxes & Levies data was reported at 0.090 EUR/MWh in Jun 2024. This records a decrease from the previous number of 0.097 EUR/MWh for Dec 2023. Turkey TR: Electricity Price: NH: 150000 MwH & Above: incl All Taxes & Levies data is updated semiannually, averaging 0.073 EUR/MWh from Dec 2008 (Median) to Jun 2024, with 32 observations. The data reached an all-time high of 0.207 EUR/MWh in Dec 2022 and a record low of 0.054 EUR/MWh in Jun 2018. Turkey TR: Electricity Price: NH: 150000 MwH & Above: incl All Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Turkey – Table TR.Eurostat: Electricity Price: Non-Household Consumers.
Energy intensity of Turkey slumped by 8.47% from 2.48 MJ per dollar of GDP in 2021 to 2.27 MJ per dollar of GDP in 2022. Since the 0.78% improve in 2019, energy intensity dropped by 12.36% in 2022. Energy intensity level of primary energy is the ratio between energy supply and gross domestic product measured at purchasing power parity at constant prices of 2011. Energy intensity is an indication of how much energy is used to produce one unit of economic output. Lower ratio indicates that less energy is used to produce one unit of output.
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Have timely access to reliable Ethanol price assessments in Turkey:
Each assessment includes Ethanol current pricing data and price history for the past 10 years. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Ethanol price assessments for Turkey and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
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This dataset provides values for ELECTRICITY PRICE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
The inflation rates of various energy commodities in Turkey skyrocketed in 2022 and again in 2024. The annual rate of change of the energy price inflation peaked in June 2022 at 172.9 percent after climbing continuously from late 2020. August 2022 saw energy inflation drop somewhat, though energy prices were still 133 percent higher than they were that same month in the previous year. Gas and electricity price inflation have also seen significant increases in the period of consideration. Gas inflation skyrocketed with an annual rate of change of over 500 percent at the end of 2024.