Turkey’s manufacturing industry confidence index rose to 104.1 in February 2026, its highest level since March 2025, up from 101.6 in January. Most subcomponents improved, led by the expected volume of output over the next three months, which jumped to 120.4 from 111.4. Employment expectations also rose (103.5 vs 102.6), alongside stronger assessments of order books: current orders increased to 87.9 from 86.1, while expectations for orders over the next three months climbed to 103.9 from 102.1. Export order expectations strengthened as well (115.6 vs 107.8), and stocks of finished goods edged up slightly (100.7 vs 100.5), pointing to stable inventory conditions. Sentiment toward fixed investment expenditure also improved (108.5 vs 107.8). Meanwhile, views on the general business situation eased (92.5 vs 94.1), reflecting cautious optimism amid lingering uncertainties. source: Central Bank of the Republic of Turkey

Business Confidence in Turkey increased to 104.10 points in February from 101.60 points in January of 2026. Business Confidence in Turkey averaged 99.97 points from 1987 until 2026, reaching an all time high of 123.30 points in December of 1987 and a record low of 52.60 points in December of 2008. This page provides the latest reported value for - Turkey Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Business Confidence in Turkey increased to 104.10 points in February from 101.60 points in January of 2026. Business Confidence in Turkey is expected to be 102.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Business Confidence is projected to trend around 103.00 points in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-22 07:00 AM
Business Confidence
Jan 101.6 100.8
2026-02-20 07:00 AM
Business Confidence
Feb 104.1 101.6 102
2026-03-24 07:00 AM
Business Confidence
Mar 104.1 102


Related Last Previous Unit Reference
Bankruptcies 1664.00 7664.00 Companies Jan 2026
Business Confidence 104.10 101.60 points Feb 2026
Capacity Utilization 73.50 74.10 percent Feb 2026
Auto Production YoY 99247.00 124433.00 Units Jan 2026
Car Registrations 144620.00 248205.00 Units Jan 2026
Changes in Inventories 162030869.00 113688847.00 TRY Thousand Sep 2025
Composite Leading Indicator 100.83 100.58 points Jan 2026
Corruption Index 31.00 34.00 Points Dec 2025
Corruption Rank 124.00 107.00 Dec 2025
Electricity Production 26054.69 26121.88 Gigawatt-hour Nov 2025
Industrial Production YoY -2.10 2.20 percent Dec 2025
Industrial Production MoM 1.20 2.50 percent Dec 2025
Manufacturing Production -2.70 2.50 percent Dec 2025
Mining Production 1.90 0.50 percent Dec 2025
Steel Production 3500.00 3300.00 Thousand Tonnes Dec 2025
Auto Sales YoY 75362.00 191620.00 Units Jan 2026


Turkey Business Confidence
In Turkey, the Business Tendency Survey (BTS) compiles the assessments of the senior managers on the recent past, current situation and their expectations regarding the future course of business environment in the manufacturing industry. A score above 100 indicates an optimistic outlook to the economic activities while below 100 points to a pessimistic outlook.
Actual Previous Highest Lowest Dates Unit Frequency
104.10 101.60 123.30 52.60 1987 - 2026 points Monthly
NSA

News Stream
Turkey Business Morale Strongest in 11 Months
Turkey’s manufacturing industry confidence index rose to 104.1 in February 2026, its highest level since March 2025, up from 101.6 in January. Most subcomponents improved, led by the expected volume of output over the next three months, which jumped to 120.4 from 111.4. Employment expectations also rose (103.5 vs 102.6), alongside stronger assessments of order books: current orders increased to 87.9 from 86.1, while expectations for orders over the next three months climbed to 103.9 from 102.1. Export order expectations strengthened as well (115.6 vs 107.8), and stocks of finished goods edged up slightly (100.7 vs 100.5), pointing to stable inventory conditions. Sentiment toward fixed investment expenditure also improved (108.5 vs 107.8). Meanwhile, views on the general business situation eased (92.5 vs 94.1), reflecting cautious optimism amid lingering uncertainties.
2026-02-20
Turkey Business Confidence Highest in 9 Months
Turkey’s manufacturing industry confidence index climbed to 101.6 in January 2026 from 100.8 in the previous month, pointing to a modest improvement in overall sentiment across the sector. This marked the highest reading since April last year, driven by firmer production and demand expectations, with the volume of output over the next three months rising to 111.4 from 110.0 in December, while expectations for employment also strengthened (102.6 vs 101.4). Assessments of order books showed mixed signals, as the total amount of current orders remained weak (86.1 vs 86.3), while expectations improved for orders over the next three months (102.1 vs 100.8) and export orders (107.8 vs 110.0). Firms also reported a higher stock of finished goods (100.5 vs 99.4), suggesting easing inventory pressures. Additionally, sentiment toward fixed investment expenditure firmed notably (107.8 vs 105.6), and views on the general business situation improved (94.1 vs 92.9).
2026-01-22
Turkey Factory Confidence Unchanged for 3rd Month
Turkey’s manufacturing industry confidence index held steady at 100.8 in December 2025 for a third consecutive month, remaining at its highest level in five months and signaling broadly stable sentiment across the sector. Some sub-indicators improved, with the employment outlook rising (101.4 vs 99.7 in November) and the current stock of finished goods also increasing (99.4 vs 96.8). Assessments of the general business situation strengthened (92.9 vs 91.0), and the volume of output edged up (110 vs 108.0). In contrast, sentiment weakened in several forward-looking indicators. The total amount of orders slipped (86.3 vs 88.2), total orders over the past three months eased (100.8 vs 104.6), export orders declined (110 vs 111.5), and expectations for fixed investment expenditure softened (105.6 vs 106.5), pointing to a more cautious outlook despite steady overall confidence.
2025-12-25