Building permits in Turkey, March, 2020
The data series span the period from Q1 2002 to Q1 2020.
During that time, the average value for Turkey was
164623 building permits with a minumum of 20891 building permits
in Q1 2002 and a maximum of 537481 building permits in Q3 2017.
The latest number is 80216, a change of -39.57% from the previous data point of
132747 building permits and a change of 3.97% from a year ago when the level was
77153 building permits.
The number of building permits is considered a leading macroeconomic indicator as it typically grows a few months ahead of an economic expansion and declines a few months before an economic slowdown.
See more information about that indicator on our Building permits page
* indicates monthly or quarterly data series
Measure: building permits
Source: Turkish Statistical Institute
Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.