Terms of Trade in Turkey increased to 104.56 points in November from 103.64 points in October of 2019. Terms of Trade in Turkey averaged 113.09 points from 1982 until 2019, reaching an all time high of 147.63 points in September of 1987 and a record low of 93.96 points in October of 2011. source: Central Bank of the Republic of Turkey
Terms of Trade in Turkey is expected to be 96.94 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms of Trade in Turkey to stand at 94.23 in 12 months time. In the long-term, the Turkey Terms of Trade is projected to trend around 94.39 points in 2020, according to our econometric models.