Production: Energy: Electricity: Total for Turkey
TURPRENEL01MLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,313.02
Year-over-Year Change
2.64%
Date Range
1/1/1985 - 12/1/2023
Summary
The 'Production: Energy: Electricity: Total for Turkey' trend measures the total electricity production in Turkey, providing insights into the country's energy landscape and economic activity.
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
This economic indicator tracks the total amount of electricity generated in Turkey, encompassing various sources such as fossil fuels, nuclear, hydroelectric, and renewable energy. It serves as a valuable metric for assessing the nation's energy supply, demand, and infrastructure.
Methodology
The data is collected and reported by the Turkish Statistical Institute (TurkStat).
Historical Context
Electricity production is a crucial factor in evaluating Turkey's economic development and energy security.
Key Facts
- Turkey is the 17th largest electricity producer in the world.
- Hydroelectric power accounts for over a third of Turkey's electricity generation.
- Turkey aims to increase the share of renewable energy in its electricity mix to 65% by 2023.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Energy: Electricity: Total for Turkey' trend measures the total amount of electricity generated in Turkey, providing insights into the country's energy production and supply.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding Turkey's energy landscape, economic activity, and infrastructure development. It is a key indicator for evaluating the country's energy security and potential for growth.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Turkish Statistical Institute (TurkStat).
Q: How is this trend used in economic policy?
A: Electricity production is a crucial factor in evaluating Turkey's economic development and energy security, making this trend relevant for policymakers, economists, and market analysts.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, with occasional delays or revisions. Users should check the latest release dates and notes for any known limitations or caveats.
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Citation
U.S. Federal Reserve, Production: Energy: Electricity: Total for Turkey (TURPRENEL01MLSAM), retrieved from FRED.