Leading Economic Index Turkey increased 12.09 percent in May of 2021 over the same month in the previous year. source: Central Bank of the Republic of Turkey

Leading Economic Index in Turkey averaged 3.63 percent from 1988 until 2021, reaching an all time high of 18.46 percent in April of 2021 and a record low of -8.54 percent in November of 2008. This page provides the latest reported value for - Turkey Leading Economic Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Leading Economic Index - values, historical data and charts - was last updated on July of 2021.

Leading Economic Index in Turkey is expected to be 12.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Turkey to stand at 4.40 in 12 months time. In the long-term, the Turkey Leading Economic Index is projected to trend around 3.80 percent in 2022 and 4.60 percent in 2023, according to our econometric models.

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Turkey Leading Economic Index

Actual Previous Highest Lowest Dates Unit Frequency
12.09 18.46 18.46 -8.54 1988 - 2021 percent Monthly
1995=100

Turkey Business Last Previous Highest Lowest Unit
Business Confidence 113.00 110.30 123.30 52.60 points [+]
Manufacturing PMI 51.30 49.30 56.90 33.40 points [+]
Industrial Production 40.70 66.30 66.30 -31.40 percent [+]
Industrial Production Mom 1.30 -0.80 18.70 -30.00 percent [+]
Manufacturing Production 42.80 72.50 72.50 -33.50 percent [+]
Capacity Utilization 76.60 75.30 84.10 60.80 percent [+]
Changes in Inventories 71609888.90 50854876.10 93859166.50 -56495309.70 TRY THO [+]
Bankruptcies 1269.00 563.00 3179.00 11.00 Companies [+]
Total Vehicle Sales 79819.00 54734.00 156173.00 1764.00 Units [+]
Car Production 107219.00 82860.00 163460.00 1421.00 Units [+]
Car Registrations 76877.00 102461.00 157531.00 5921.00 [+]
Leading Economic Index 12.09 18.46 18.46 -8.54 percent [+]
Internet Speed 7557.69 7551.73 7560.46 1008.59 KBps [+]
IP Addresses 8079762.00 7904681.00 9682770.00 2632946.00 IP [+]
Mining Production 33.40 25.90 39.90 -27.70 percent [+]
Steel Production 3400.00 3200.00 3403.38 152.00 Thousand Tonnes [+]
Competitiveness Index 62.14 61.60 62.14 4.13 Points [+]
Competitiveness Rank 61.00 61.00 63.00 43.00 [+]
Ease of Doing Business 33.00 43.00 73.00 33.00 [+]
Electricity Production 24846.73 26720.11 29183.00 14829.00 Gigawatt-hour [+]
Corruption Index 40.00 39.00 50.00 31.00 Points [+]
Corruption Rank 86.00 91.00 91.00 29.00 [+]


Turkey Leading Economic Index
In Turkey, the Composite Leading Indicator – MBONCU-SUE - predicts fluctuations in economic activity. It was constructed by the Central Bank with OECD cooperation, and includes the following series: amount of electricity produced, treasury auction interest rate weighted by the amount sold, imports of intermediate goods, CBRT Business Tendency Survey related to (1) stocks of finished goods, (2) amount of new orders received from domestic market, (3) export possibilities and (4) employment. The index has a base value of 100 as of 1995.