Latest reading: Industrial production was up 0.1% on a seasonally adjusted month-on-month basis in July, following 1.9% growth in the...
Industrial Production in Turkey
The Turkish economy recorded an average industrial production growth rate of 4.6% in the decade to 2024. In 2024, industrial production growth was 0.3%. For more industry information, visit our dedicated page.
Turkey Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Turkey from 2014 to 2025.
Source: Macrobond.
Turkey Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 17.8 | 4.4 | 1.8 | 0.4 | 2.7 |
Industrial production rebounds in June
Latest reading: Industrial production rose 0.2% on a seasonally adjusted month-on-month basis in June, following a 3.1% fall in the previous month. Relative to the previous month's data, readings in June improved for manufacturing (+0.1% on a seasonally adjusted month-on-month basis vs -3.5% in May) and energy (+1.6% vs -0.9% in May). In contrast, the reading for mining and quarrying worsened in June (-0.5% vs +1.1% in May). On a year-on-year basis, industrial production fell 1.4% in June, following a 0.1% drop in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Turkish industry projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Turkish industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Turkish industry projections.
Want to get access to the full dataset of Turkish industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Japan: Industrial production loses momentum in July -
Thailand: Manufacturing production rebounds in July Latest reading: Manufacturing production rose 0.5% on a year-on-year basis in July, following a 2.4% drop in the prior month.... -
Lithuania: Industrial production growth slows in July Latest reading: Industrial production rose 3.3% on a year-on-year basis in July, following a 9.9% rise in the previous month.... -
Russia: Industrial production decelerates in July Latest reading: Industrial production was up 0.4% in annual terms in July, following a 0.7% rise in the previous month.... -
Taiwan: Industrial production continues to boom in July Latest reading: Industrial production was up 25.6% on a year-on-year basis in July, following a 22.6% rise in the previous... -
Poland: Industrial production loses momentum in July Latest reading: Industrial production increased 5.1% in annual terms in July, following 7.4% growth in the previous month. Relative to... -
Belgium: Industrial production falls at a softer clip in June Latest reading: Industrial production—excluding construction—declined 1.0% in seasonally adjusted month-on-month terms in June, following a 1.9% drop in the previous...