TR Economy & Updates

[Chocopie]

I mean in Türkiye, bro.

Uups, misunderstood you.

Net minimum wage: 11,402 TL ~$407,45
Gross minimum wage: 13,414 TL ~$479,35

Türkiye

Minimum Wage in Türkiye - 2025 October

wageindicator.org

 

[Bozan]

https://www.sciencedirect.com/science/article/abs/pii/S0301420723002775

Excluding the effect of inflation; gas prices have almost quadrupled in real terms between January 2004 to April 2022. Security of supply index is below the medium level of safety when the IEA index is applied.

New gas discovery coming soon

 

[B_A]

 

[UkroTurk]

https://twitter.com/i/web/status/1716832166544556395

Turkey Money Supply M2 (ECONOMICS:TRM2) — Geçmiş Veriler ve Grafik — TradingView

Ücretsiz ekonomik veriler, göstergeler ve istatistikler. Turkey Money Supply M2 sağlayan ECONOMICS

tr.tradingview.com

Currency board - Wikipedia

en.m.wikipedia.org

@Nilgiri what would you say?

 

[B_A]

At least our GDP (nominal) per capita back to 13000?

 

[Nilgiri]

https://twitter.com/i/web/status/1716832166544556395

Turkey Money Supply M2 (ECONOMICS:TRM2) — Geçmiş Veriler ve Grafik — TradingView

Ücretsiz ekonomik veriler, göstergeler ve istatistikler. Turkey Money Supply M2 sağlayan ECONOMICS

tr.tradingview.com

Currency board - Wikipedia

en.m.wikipedia.org

@Nilgiri what would you say?

Problem is Turkiye is not capital-surplus country. It should have done something in early 2000s after incentive program from its solid diaspora (to invest in govt long term bonds with foreign currency) to build up a base....with reform minded progressive signalling from the administration long term.

I mean how is it going to start a currency board now? There is little capital to start it with for country with such large economy, population and complexity of economy (trade and everything) compared to say Bulgaria and Bosnia etc( which I didnt know had them, interesting, but they are already members of EU or are progressing negotiation so there is monetary stability signalled by doing this with ECB etc).

You need something (in capital account) to use against USD/Euro flows in current account. Built over long term rather than Erdogan doing his overture to Gulf countries suksuk and their capital surplus in overnight way after SHTF this long.

Turkish govt this century so far has mismanaged so many things in the end. They have just commenced return to orthodox policy on inflation control...i.e ship must be stabilised before you load more onto it.

So for forex stuff, that come well afterwards....if a competent economic team is given good long term career in institutions relevant for it.

 

[Xenon54]

Well, some good news, hope we can also produce a 300 km/h+ trains to one day.

 

[Bogeyman]

Dollar became 24 TL.

 

[MhhJA]

I think it's an error.

Notice the devaluation percentage 1453

 

[Bogeyman]

I think it's an error.

Notice the devaluation percentage 1453

It will be clear what will happen when the markets open tomorrow morning.

 

[B_A]

I think it's an error.

Notice the devaluation percentage 1453

MAybe error.

But if that s 24TL

-14.53 is no problem,that meant USD to TRY devaluate 14.53%

 

[Bogeyman]

MAybe error.

But if that s 24TL

-14.53 is no problem,that meant USD to TRY devaluate 14.53%

We'll wait and see.

TCMB - Saat Başı Belirlenen Döviz Kurları ve Altın Fiyatları

Türkiye Cumhuriyet Merkez Bankası, ülkemizde para ve kur politikalarının yönetilmesinden sorumlu kurumdur. Merkez Bankasının temel amacı fiyat istikrarını sağlamaktır.

www.tcmb.gov.tr

 

[B_A]

We'll wait and see.

TCMB - Saat Başı Belirlenen Döviz Kurları ve Altın Fiyatları

Türkiye Cumhuriyet Merkez Bankası, ülkemizde para ve kur politikalarının yönetilmesinden sorumlu kurumdur. Merkez Bankasının temel amacı fiyat istikrarını sağlamaktır.

www.tcmb.gov.tr

I don't think any big change today,the interest rate is still below the CPI.

 

[Tornadoss]

It's indeed an error in Google.

USD TRY | US Dollar Turkish Lira - Investing.com

Find the current US Dollar Turkish Lira rate and access to our USD TRY converter, charts, historical data, news, and more.

www.investing.com

 

[fushkee]

Somebody(es) voleyi vurdu again!!

 

[B_A]

TURKSTAT Corporate

data.tuik.gov.tr

The main partner for exports was Germany in September 2023

In September 2023, the main partner country for exports was Germany with 1 billion 746 million dollars. The country was followed by USA with 1 billion 201 million dollars, Iraq with 1 billion 196 million dollars, Italy with 1 billion 96 million dollars and United Kingdom with 1 billion 69 million dollars. The ratio of the first five countries in total exports was 28.1% in September 2023.

In January-September 2023 period, the main partner country for exports was Germany with 15 billion 904 million dollars. The country was followed by USA with 11 billion 7 million dollars, Italy with 9 billion 156 million dollars, United Kingdom with 9 billion 87 million dollars, and Iraq with 8 billion 933 million dollars. The ratio of the first five countries in total exports was 28.9% in January-September 2023.

The main partner for imports was China in September 2023

In September 2023, the top country for Türkiye's imports was China with 3 billion 728 million dollars. The country was followed by Russia with 3 billion 134 million dollars, Germany with 2 billion 357 million dollars, USA with 1 billion 249 million dollars, UAE with 1 billion 175 million dollars. The ratio of first five countries in total imports was 42.3% in September 2023.

In January-September 2023 period, the top country for Türkiye's imports was Russia with 34 billion 705 million dollars. The country was followed by China with 34 billion 397 million dollars, Germany with 21 billion 190 million dollars, Switzerland with 16 billion 563 million dollars, USA with 11 billion 840 million dollars. The ratio of first five countries in total imports was 43.3% in January-September 2023.

 

[B_A]

https://biruni.tuik.gov.tr/yayin/views/visitorPages/english/publicationView.zul?yayin_no=618

This is a good data sourse.

 

[Heartbang]

TURKSTAT Corporate

data.tuik.gov.tr

The main partner for exports was Germany in September 2023

In September 2023, the main partner country for exports was Germany with 1 billion 746 million dollars. The country was followed by USA with 1 billion 201 million dollars, Iraq with 1 billion 196 million dollars, Italy with 1 billion 96 million dollars and United Kingdom with 1 billion 69 million dollars. The ratio of the first five countries in total exports was 28.1% in September 2023.

In January-September 2023 period, the main partner country for exports was Germany with 15 billion 904 million dollars. The country was followed by USA with 11 billion 7 million dollars, Italy with 9 billion 156 million dollars, United Kingdom with 9 billion 87 million dollars, and Iraq with 8 billion 933 million dollars. The ratio of the first five countries in total exports was 28.9% in January-September 2023.

The main partner for imports was China in September 2023

In September 2023, the top country for Türkiye's imports was China with 3 billion 728 million dollars. The country was followed by Russia with 3 billion 134 million dollars, Germany with 2 billion 357 million dollars, USA with 1 billion 249 million dollars, UAE with 1 billion 175 million dollars. The ratio of first five countries in total imports was 42.3% in September 2023.

In January-September 2023 period, the top country for Türkiye's imports was Russia with 34 billion 705 million dollars. The country was followed by China with 34 billion 397 million dollars, Germany with 21 billion 190 million dollars, Switzerland with 16 billion 563 million dollars, USA with 11 billion 840 million dollars. The ratio of first five countries in total imports was 43.3% in January-September 2023.

Trading with Westerners is a national security risk. We must sign free-trade agreements with the countries under our influence.

 

[Deliorman]

Trading with Westerners is a national security risk. We must sign free-trade agreements with the countries under our influence.

Okay... I am sure that trading with Somalia, the Tripoli part of Libya, and Northern Cyprus will be just enough for Turkey to survive.

Why not just develop your human resources and education and try to turn Turkey into a high value added producing country instead. Trade with everyone- just try to have a positive inflow of capitals and money. It is not that hard to achieve if you work hard and not let your mind and politics be corrupted by some religious dogmas and superstitions.

 

[UkroTurk]

BREAKING NEWS | With the new Development Plan accepted in the Turkish Parliament , the target of becoming the 10th largest economy in the world was postponed from 2023 to 2053.

https://twitter.com/i/web/status/1719452221803508022

12. Kalkınma Planı TBMM Genel Kurulunda kabul edildi - Dünya Gazetesi

2024-2028 dönemini kapsayan 12. Kalkınma Planı TBMM Genel Kurulunda kabul edildi.

www.dunya.com