Terms of Trade in Turkey decreased to 108.25 points in August from 112.35 points in July of 2020.

Terms of Trade in Turkey averaged 113.01 points from 1982 until 2020, 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. This page provides - Turkey Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Terms of Trade - values, historical data and charts - was last updated on October of 2020. source: Central Bank of the Republic of Turkey

Terms of Trade in Turkey is expected to be 94.23 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 2021, according to our econometric models.

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Turkey Terms of Trade

Actual Previous Highest Lowest Dates Unit Frequency
108.25 112.35 147.63 93.96 1982 - 2020 points Monthly
2010=100, NSA

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -6278.02 -2696.87 24.51 -10453.06 USD Million [+]
Current Account -4631.00 -1943.00 3903.00 -9407.00 USD Million [+]
Current Account to GDP 1.20 -2.60 1.90 -8.90 percent [+]
Imports 18741.66 17707.89 23245.30 15.00 USD Million [+]
Exports 12463.64 14886.31 15940.38 7.10 USD Million [+]
External Debt 421826.00 431034.00 467545.00 43911.00 USD Million [+]
Terms of Trade 108.25 112.35 147.63 93.96 points [+]
Capital Flows -3711.00 6719.00 15220.00 -15701.00 USD Million [+]
Foreign Direct Investment 833.00 173.00 6571.00 46.00 USD Million [+]
Remittances 10.00 11.00 574.00 8.00 USD Million [+]
Tourism Revenues 788.00 1479.00 5244.00 79.00 USD Million [+]
Tourist Arrivals 1814701.00 932927.00 6617380.00 24238.00 Persons [+]
Gold Reserves 583.00 485.20 583.00 116.00 Tonnes [+]
Weapons Sales 364.00 245.00 364.00 3.00 USD Million [+]
Terrorism Index 6.53 7.04 7.52 4.62 [+]
Crude Oil Production 60.00 60.00 72.00 38.00 BBL/D/1K [+]


Turkey Terms of Trade
In Turkey, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods.