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.
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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.
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Retails sales rise nearly 14 percent in October
The retail sales volume at constant prices increased by 13.7 percent in October from a year ago, the data from the Turkish Statistical Institute (TÜİK) have shown.
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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).
Pace of growth in industrial output slows
Industrial production rose by 1.1 percent in October from a year, slowing from the 4.1 percent year-on-year increase in September, the Turkish Statistical Institute (TÜİK) said on Dec. 11.
The country's industrial output fell 0.4 percent monthly, after declining 0.1 percent in September.
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Unemployment declines to 11-year low in October
The decline in unemployment continued in October, with the jobless rate falling to 8.5 percent, the lowest level since November 2012.
The unemployment rate, which stood at 11.1 percent in October 2022, has been declining steadily since June this year.
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Education cost saw nearly 70 pct surge last year: TÜİK
Total expenditure for all levels of education in Türkiye surpassed 587 billion Turkish Liras ($20.2 billion) last year, marking a remarkable increase of 69.3 percent compared to 2021, reveals data by the Turkish Statistical Institute (TÜİK).
Environmental spending increased in 2022: TÜİK
Environmental protection expenditures have increased by 111.4 percent in 2022 compared to the previous year, totaling 140.3 billion Turkish Liras, the data from the Turkish Statistical Institute (TÜİK) have shown.
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Cultural expenditure soars 88 percent last year
Cultural expenditures in Türkiye increased by 88.1 percent in 2022 compared to 2021 to reach 149.6 billion Turkish Liras.
Cultural expenditures accounted for 1 percent of the country's national income last year, the data from the Turkish Statistical Institute (TÜİK) showed.
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Turkish economy grows 5.9 percent in third quarter
Turkish economy grew by a more-than-expected 5.9 percent in the third quarter of 2023 from a year earlier, with GDP growth accelerating from 3.9 percent in the three months to June, data from the Turkish Statistical Institute (TÜİK) have shown.
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