Construction output in Turkey rose by 0.5 percent year-on-year in the fourth quarter of 2016, following an upwardly revised 0.5 percent drop in the previous period. The recovery was led by civil engineering, which grew 3 percent (from 3.1 percent in Q3), while building activity fell at a slower 0.3 percent (from -1.4 percent in Q3). On a quarterly basis, construction output shrank 1.4 percent, following a 4.9 percent fall in the previous period. In 2016 as a whole, construction output expanded by 2.9 percent after rising by 1.8 percent in 2015. Construction Output in Turkey averaged 4.26 percent from 2006 until 2016, reaching an all time high of 22.60 percent in the third quarter of 2010 and a record low of -21.10 percent in the second quarter of 2009.

Construction Output in Turkey is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Turkey to stand at 4.63 in 12 months time. In the long-term, the Turkey Construction Output is projected to trend around 2.50 percent in 2020, according to our econometric models.

Turkey Construction Output
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2016-06-17 07:00 AM Construction Output YoY 5.2% 3.8% 4%
2016-09-22 07:00 AM Construction Output YoY 6.2% 5.2% 5.7%
2016-12-16 07:00 AM Construction Output YoY -0.3% 6.2% 6.4%
2017-04-07 07:00 AM Construction Output YoY 0.5% -0.3% -1.4%

Turkey Housing Last Previous Highest Lowest Unit
Housing Index 271.90 268.60 271.90 96.90 Index points [+]
New Home Sales 60219.00 49362.00 74032.00 35363.00 units [+]
Housing Starts 5598.00 4704.00 39137.00 1250.00 units [+]
Home Ownership Rate 60.40 61.10 61.10 59.60 percent [+]
Building Permits 40197.00 35382.00 279402.00 4815.00 [+]
Existing Home Sales 67108.00 55792.00 72547.00 40981.00 units [+]

Turkey Construction Output

The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering. This page provides the latest reported value for - Turkey Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Construction Output - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 -0.50 22.60 -21.10 2006 - 2016 percent Quarterly

Country Last Previous
Argentina -4.20 Sep/18
Australia -2.80 Sep/18
Euro Area 4.60 Sep/18
France -2.80 Oct/18
Germany 5.00 Oct/18
India 4.80 Oct/18
Italy 0.60 Aug/18
Mexico -0.70 Sep/18
Netherlands 7.40 Sep/18
Russia 0.10 Sep/18
South Korea -3.50 Oct/18
Spain 6.10 Sep/18
Switzerland -0.30 Sep/18
United Kingdom 3.80 Oct/18