Turkey: Building permits

(measure: building permits, source: Turkish Statistical Institute)
* indicates monthly or quarterly data series

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.
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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.
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