345 tradesmen close their shutters every day in Türkiye: Economic alarm sounds...

High inflation, rising costs and difficulties in accessing finance increased the pressure on tradesmen. According to the data published in the Turkish Tradesmen and Craftsmen Registry Gazette, 103 thousand 595 tradesmen terminated their activities in the first 10 months of 2026.

Accordingly, in the first 10 months of the year, an average of 345 tradesmen closed their doors per day. The number of tradesmen who terminated their activities increased by 11 percent compared to the same period last year.

The number of tradesmen who terminated their activities last year was recorded as 120 thousand 423. Thus, in only the first 10 months of 2026, approximately 86 percent of the closures in the entire last year were reached.

22 THOUSAND 425 TRADESMEN QUIT THEIR PROFESSION

According to the news of İlke Çıtır from Nefes, in the first 10 months of the year, the number of not only those who closed their businesses, but also the number of tradesmen who left their profession completely attracted attention.

During this period, 22 thousand 425 tradesmen left their profession and were removed from the registry.

THE MOST CLOSINGS ARE IN JANUARY

The numbers of tradesmen who terminated their activities by month were as follows:

12 thousand 736 in January, 11 thousand 617 in February, 9 thousand 802 in March, 11 thousand 699 in April, 7 thousand 234 in May, 10 thousand 304 in June, 9 thousand 767 in July, 9 thousand 510 in August, 10 thousand 426 in September and 10 thousand 500 in October. The tradesmen ended their activities.

In the first 10 months of the year, the highest number of closings was recorded in January with 12 thousand 736.

ISTANBUL RANKS FIRST WITH 12 THOUSAND 191 CLOSINGS

When compared by cities, Istanbul ranked first with 12 thousand 191 workplaces closed in 10 months.

Istanbul was followed by Izmir with 7 thousand 172 closings, Antalya with 5 thousand 544, Ankara with 5 thousand 489 and Bursa with 4 thousand 751.

41 WORKPLACES CLOSED A DAY IN ISTANBUL IN OCTOBER

In October alone, 1,235 workplaces were closed in Istanbul. Accordingly, an average of 41 workplaces ceased operations per day in the city for a month.

In October, 751 workplaces were closed in Izmir, 627 in Ankara, 535 in Antalya and 505 in Bursa.