Production: Manufacturing: Total Manufacturing for Turkey

PRMNTO01TRQ657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.50

Year-over-Year Change

177.46%

Date Range

4/1/1958 - 1/1/2025

Summary

The 'Production: Manufacturing: Total Manufacturing for Turkey' trend measures the total output of the manufacturing sector in Turkey. This metric is a key indicator of the overall health and performance of the Turkish economy.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This economic indicator tracks the total volume of manufacturing production in Turkey, including industries such as textiles, machinery, and automotive. It is used by economists and policymakers to assess the strength of the Turkish industrial sector and inform decisions around economic policy and investment.

Methodology

The data is collected through surveys of manufacturing firms and production facilities across Turkey.

Historical Context

Monitoring trends in Turkish manufacturing output is important for understanding the country's economic trajectory and competitive position in global markets.

Key Facts

  • Turkey is the 18th largest economy in the world.
  • Manufacturing accounts for over 20% of Turkey's GDP.
  • Turkey is a major exporter of textiles, automotive parts, and machinery.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total output of the manufacturing sector in Turkey, including industries like textiles, machinery, and automotive production.

Q: Why is this trend relevant for users or analysts?

A: Monitoring Turkish manufacturing output is crucial for understanding the strength of the country's industrial sector and overall economic performance.

Q: How is this data collected or calculated?

A: The data is collected through surveys of manufacturing firms and production facilities across Turkey.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this indicator to assess the health of the Turkish economy and inform decisions around industrial policy and investment.

Q: Are there update delays or limitations?

A: The data is typically published with a short delay, and may be subject to revisions as additional information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Production: Manufacturing: Total Manufacturing for Turkey (PRMNTO01TRQ657S), retrieved from FRED.