Turkish Statistical Institute

SMEs are largest employers, shows survey

Small and medium-sized enterprises (SMEs) accounted for nearly 71 percent of employment in Türkiye in 2022, according to the numbers from the Turkish Statistical Institute (TÜİK).

Their share in total turnover was 42.5 percent, while accounting for 36.2 percent of production value.

SMEs constituted 99.7 percent of all enterprises.

Consumer mood continues to improve

Consumer sentiment rose for a fourth consecutive month in December, the survey carried out jointly by the Central Bank and the Turkish Statistical Institute (TÜİK) has shown.

The consumer confidence index advanced 2.6 percent month-on-month after rising 1.1 percent in November to touch 77.4 points.

Any index figure above 100 indicates optimism among consumers.

Some 40 pct of firms engage in innovation activities

Some 39.8 percent of enterprises with 10 or more employees were considered as "innovation active" during 2020-2022, according to a survey by the Turkish Statistical Institute (TÜİK).

This was 38.5 percent in the 2018-2020 period, said TÜİK on Dec. 12.

Over 70 percent of large enterprises with more than 250 employees introduced new or improved products (goods or services).

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