Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Turkey
TURPREND401IXEBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.30
Year-over-Year Change
6.98%
Date Range
1/1/1986 - 7/1/2023
Summary
This economic trend measures total production and distribution of electricity, gas, steam, and air conditioning in Turkey. It is an important indicator of energy infrastructure and industrial activity in the Turkish economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Turkey' series tracks the overall volume of energy production and distribution services in Turkey. This metric provides insight into the country's energy supply, power generation capacity, and the health of energy-intensive industries.
Methodology
The data is collected by the Turkish Statistical Institute through surveys of energy producers and distributors.
Historical Context
Economists and policymakers use this indicator to assess Turkey's energy security, industrial output, and overall economic conditions.
Key Facts
- Turkey is a major energy consumer and producer in the region.
- Electricity accounts for over 60% of Turkey's total energy consumption.
- The energy sector contributes around 3% to Turkey's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total production and distribution of electricity, gas, steam, and air conditioning services in Turkey.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Turkey's energy infrastructure, industrial activity, and overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected by the Turkish Statistical Institute through surveys of energy producers and distributors.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to assess Turkey's energy security, industrial output, and broader economic performance.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not fully capture recent changes in Turkey's energy production and distribution.
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Citation
U.S. Federal Reserve, Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Turkey (TURPREND401IXEBSAQ), retrieved from FRED.