The economic optimism index in Turkey declined to 86.4 in December 2020, the lowest since August, amid a deterioration in confidence among service providers (70.4 vs 77.5 in November), retailers (87.6 vs 95.0), constructors (73.3 vs 79.0). Meanwhile, sentiment among consumers was unchanged (at 80.1) and that among manufacturers improved (110.4 vs 107.4). The index remained well below 97.2 a year earlier and 98.3 reached in February, before the coronavirus-hit. source: Turkish Statistical Institute
Economic Optimism Index in Turkey averaged 98.83 points from 2007 until 2020, reaching an all time high of 114 points in January of 2011 and a record low of 52.40 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 January of 2021.
Economic Optimism Index in Turkey is expected to be 86.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Optimism Index in Turkey to stand at 85.00 in 12 months time. In the long-term, the Turkey Economic Confidence Index is projected to trend around 89.00 points in 2021 and 95.00 points in 2022, according to our econometric models.