Turkey: service sector business confidence index 2020

This statistic shows the business confidence index for the service sector in Turkey from 2011 to 2014, with projections up until 2020. In 2013, the confidence index for the Turkish service industry had ranged at approximately 3.8 index points, indicating an increase in business confidence.

Annual business confidence index for the service sector in Turkey from 2011 to 2020 (0 = neutral)

Characteristic	Business confidence index (0 = neutral)
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Release date

March 2016

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Region

Turkey

Survey time period

2011 to 2014

Supplementary notes

*Estimate.

Note: Annual figures and forecast data have been calculated by Statista, based on data of the Business Confidence Survey conducted monthly by the European Directorate General for Economic and Financial Affairs (EC DGFIN). During the survey, businesses are asked to rate various aspects of their sector to understand how positive or negative they feel about the current, and near-future situation. The answers from these questions are ranked numerically and are combined into a weighted, averaged “confidence” value for each sector and each country. The Business Consumer Surveys data used here is the non-seasonally adjusted version; from these datasets, forecasts of the confidence in the sector have been derived. Positive confidence trends indicate growth, whereas negative confidence indicates decline.

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