Turkey economic indicators

Turkey scores 35 out of 100 on Bullrun's six-pillar economic stress index, which places it in the "Watch" band. The score draws on 11 of the 11 indicators held here, covering 6 of 6 pillars. The freshest reading is from 2026-08; the oldest that feeds the score is from 2025.

Economic stress score

PillarStressBandIndicators scored
Labour35 / 100Watch3 / 3
Housing50 / 100Elevated1 / 1
Credit8 / 100Calm2 / 2
Fiscal21 / 100Calm2 / 2
External36 / 100Watch1 / 1
Cycle61 / 100Stretched2 / 2

Higher is more stressed. A pillar holding readings but scoring none - every one stale - shows "n/a" rather than zero.

Labour

IndicatorLatestPeriodSourceStressHow it is scored
Unemployment rate8.1%2026-07OECD56Scored on a fixed cross-country scale
Unemployment momentum-0.03pp2026-07OECD21Sahm gap: 3-month average against its own 12-month low
Youth unemployment (15-24)14.5%2026-07OECD28Scored on a fixed cross-country scale

Housing

IndicatorLatestPeriodSourceStressHow it is scored
Real house prices, YoY-3.28%2026-Q1BIS50Scored on a fixed cross-country scale

Credit

IndicatorLatestPeriodSourceStressHow it is scored
Credit-to-GDP gap-24.68pp2026-Q1BIS0Scored on a fixed cross-country scale
Household credit (% of GDP)10.1%2026-Q1BIS16Scored against its own last 80 quarters

Fiscal

IndicatorLatestPeriodSourceStressHow it is scored
Government debt (% of GDP)23.5%2025IMF3Scored against its own last 20 years
Fiscal balance (% of GDP)-2.8%2025IMF38Scored on a fixed cross-country scale

External

IndicatorLatestPeriodSourceStressHow it is scored
Current account (% of GDP)-1.9%2025IMF36Scored on a fixed cross-country scale

Cycle

IndicatorLatestPeriodSourceStressHow it is scored
Real GDP growth2.56%2026-Q2OECD21Scored on a fixed cross-country scale
Consumer inflation31.51%2026-08OECD100Scored on a fixed cross-country scale

How this score is built

Each indicator is turned into a 0-100 stress reading, either on a fixed cross-country scale or - where a raw level means different things in different economies - as a percentile against that country's own twenty-year history. Readings average into six pillars, and the pillars into the composite.

Three rules keep a thinly-covered country from looking calm: a country covering fewer than 4 of 6 pillars is refused a composite rather than given a low one; coverage is printed on the face of the score rather than hidden in a footnote; and a stale reading stays visible with its date, marked not scored, instead of being dropped.

Indicators come from OECD, BIS, IMF and World Bank releases at their published frequencies, so the periods above genuinely differ from row to row - a monthly unemployment print and an annual current-account balance can be more than a year apart. See the data license.

Compare with other economies

All 107 scored economies · Global markets dashboard · Screen Turkey stocks