Turkey: economic confidence index (ECI) 2024

As of May 2024, the economic confidence index (ECI) in Turkey amounted to 98.2 index points. The economic confidence index fluctuated monthly over the observed period.

Monthly economic confidence index (ECI) in Turkey from January 2012 to May 2024

Characteristic	Economic confidence index
Jan '12	106.1
Feb '12	107.9
Mar '12	108.2
Apr '12	106.8
May '12	107.5
Jun '12	105.2
Jul '12	107.2
Aug '12	105.2
Sep '12	105
Oct '12	103.7
Nov '12	105.1
Dec '12	103.9
Jan '13	104.9
Feb '13	106.6
Mar '13	107.8
Apr '13	106.6
May '13	108
Jun '13	108.6
Jul '13	107.1
Aug '13	107.9
Sep '13	106.2
Oct '13	107.8
Nov '13	107.8
Dec '13	105.7
Jan '14	103
Feb '14	102.3
Mar '14	103.5
Apr '14	106
May '14	106.4
Jun '14	105.4
Jul '14	103.6
Aug '14	104.3
Sep '14	105.9
Oct '14	106.7
Nov '14	103.6
Dec '14	104
Jan '15	104.7
Feb '15	104.4
Mar '15	100.8
Apr '15	103.1
May '15	103.2
Jun '15	102
Jul '15	101.4
Aug '15	101.4
Sep '15	97.5
Oct '15	100.4
Nov '15	105.9
Dec '15	105.4
Jan '16	104.2
Feb '16	101.6
Mar '16	102
Apr '16	101.3
May '16	102
Jun '16	101.8
Jul '16	102.6
Aug '16	100.3
Sep '16	104.1
Oct '16	103
Nov '16	103.5
Dec '16	100.1
Jan '17	97.6
Feb '17	101.5
Mar '17	103.7
Apr '17	104.3
May '17	105.4
Jun '17	106
Jul '17	106.9
Aug '17	108.7
Sep '17	108.4
Oct '17	108.1
Nov '17	105.5
Dec '17	104.5
Jan '18	108.2
Feb '18	107.4
Mar '18	105.3
Apr '18	103.4
May '18	102.1
Jun '18	99.3
Jul '18	99.4
Aug '18	93.6
Sep '18	85.8
Oct '18	84.1
Nov '18	88.8
Dec '18	89.8
Jan '19	87.9
Feb '19	88
Mar '19	90.8
Apr '19	92.2
May '19	87.1
Jun '19	92.2
Jul '19	89.8
Aug '19	93.9
Sep '19	93
Oct '19	96.6
Nov '19	97.3
Dec '19	99.9
Jan '20	100.1
Feb '20	99.3
Mar '20	94.9
Apr '20	53.3
May '20	64.9
Jun '20	79
Jul '20	89.4
Aug '20	92.3
Sep '20	94.4
Oct '20	97.7
Nov '20	96.3
Dec '20	95.1
Jan '21	96.7
Feb '21	96
Mar '21	99.4
Apr '21	94.2
May '21	93
Jun '21	98.6
Jul '21	101.5
Aug '21	102.3
Sep '21	104
Oct '21	103
Nov '21	101.2
Dec '21	99.4
Jan '22	101.9
Feb '22	99.2
Mar '22	96.4
Apr '22	95.6
May '22	97.8
Jun '22	94.6
Jul '22	94.2
Aug '22	94.8
Sep '22	94.9
Oct '22	97.7
Nov '22	97.4
Dec '22	98.2
Jan '23	99.5
Feb '23	99.1
Mar '23	98.9
Apr '23	102.4
May '23	103.8
Jun '23	101.3
Jul '23	99.4
Aug '23	94.2
Sep '23	95.5
Oct '23	96.6
Nov '23	95.3
Dec '23	96.4
Jan '24	99.4
Feb '24	99
Mar '24	100
Apr '24	99
May '24	98.2

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Release date

May 2024

More information

Region

Turkey

Survey time period

January 2012 to May 2024

Age group

16 years and older

Method of interview

Computer-assisted personal interviews (CAPI)

Supplementary notes

Index values are seasonally adjusted.

The economic confidence index can take value between 0 and 200. It indicates an optimistic outlook about the general economic situation when the economic confidence index is above 100, whereas it indicates a pessimistic outlook when it is below 100.

The source adds the following note regarding methodology used for this statistic: "Consumer Confidence Index is calculated by the following sub- indices: Financial situation expectation of household over the next 12 months; General economic situation expectation over the next 12 months; Number of people unemployed expectation over the next 12 months;The probability of saving over the next 12 months.
Indices are compiled in accordance with the balance method of European Union."

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