An average of 345 tradespeople closed their shops daily in the first 10 months of 2026 in Turkey

According to data from the Turkey Tradesmen and Artisans Trade Registry Gazette, a total of 103,595 tradespeople terminated their activities in the first 10 months of 2026, recording a daily average of 345 shutter closures.

While high inflation, rising costs, and difficulties in accessing finance increased the pressure on tradespeople, data published in the Turkey Tradesmen and Artisans Trade Registry Gazette showed that 103,595 tradespeople terminated their activities in the first 10 months of 2026. The number of tradespeople terminating their activities increased by 11 percent compared to the same period of the previous year, and approximately 86 percent of the 120,423 total closures in the entire previous year was reached in just the first 10 months.

During the first 10 months of the year, not only those who closed their workplaces but also 22,425 tradespeople completely abandoned their profession and deregistered from the registry. Looking at the months, the highest number of closures occurred in January with 12,191 workplaces, while monthly closure figures fluctuated at various levels from January to October.

In terms of city-based data, Istanbul ranked first with 12,191 closed workplaces in 10 months. Istanbul was followed respectively by Izmir, Antalya, Ankara, and Bursa, while in October alone, 1,235 workplaces closed in Istanbul, with an average of 41 businesses terminating their activities daily.