Services sector accounts for nearly half of Türkiye’s enterprises in 2025
ANKARA The services sector accounts for 41 percent of employment. Türkiye had 4.02 million active enterprises in 2025,…
Türkiye’s tourism sector faces European slowdown
Özge Esen-ISTANBUL Türkiye has long relied on Europe as its primary source market for tourism, but geopolitical tensions…
Türkiye’s consumer and business confidence rise in August
ISTANBUL Both consumer and business confidence indicators in Türkiye have risen in August, separate data showed on Aug.…
Tourism revenue holds steady despite regional war’s impact
ISTANBUL Türkiye’s tourism revenue edged down just 0.1 percent year-on-year to $25.75 billion in the first half of…
Türkiye’s tourism income totals $25.75 billion in first half
ANKARA Türkiye’s tourism income edged down 0.1 percent year on year to $25.75 billion in the first half…
Türkiye’s exports climb over 21 percent year-on-year in June
ISTANBUL Türkiye’s exports rose 21.7 percent year-on-year to $24.92 billion in June, according to official data released on…
Türkiye overtakes Germany to rank seventh in steel output
ISTANBUL Türkiye became the world’s seventh-largest crude steel producer in 2025, moving ahead of Germany as its…
Jobless rate hits record low, Şimşek pledges productivity push
ANKARA Treasury and Finance Minister Mehmet Şimşek said Türkiye would continue productivity-focused labor policies after the country’s…
Türkiye’s economic confidence rises to 99.8 in July
ISTANBUL Türkiye’s economic confidence index rose 0.9% month-on-month to 99.8 in July, official data showed on July 30.…
Türkiye emerges as key alternative trade and logistics hub
ISTANBUL Türkiye has been preparing since 2007 to capitalize on shifting global trade routes by diversifying…
Urban transformation boost drives record construction employment in Türkiye
ISTANBUL. The number of salaried employees in Türkiye’s construction sector rose to more than 1.93 million…
Moody’s completes periodic review of Türkiye, takes no rating action
ISTANBUL Moody’s expects the Turkish inflation to ease to 29 percent at the end of 2026. Moody’s Ratings…