Source
Central bank

Central Bank of the Republic of Turkey

International Reserves

US$ 87.937 billion (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 817.298 billion (2010 estimate)

GDP (Purchasing Power Parity)

1.112 trillion of International dollars (2010 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
-5.7% 6.2% 5.3% 9.4% 8.4% 6.9% 4.7% 0.7%
2009 2010 2011 2012*        
-4.8% 9% 8.5% 2.3%        

*Estimate

GDP per capita - current prices

US$ 10,914 (2010 estimate)

GDP per capita - PPP

$14,853 International Dollars (2010 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
1.03% 1.25% 1.22% 1.3% 1.33%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 9.2% 
  • industry: 26.9% 
  • services: 63.9% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

0.84% (2010)

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
6.3%(2008) 8.6% 6.5% 10.6%

*Estimate

Unemployment rate
2009 2010 2011 2012*
14% 11.9% 9.9%(2009) 10.3%

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
40% 46.1% 42.2% 39.4% 36%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-2.4% -5.6% -2.7% -0.3% -1.7%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: BB

Moody's rating: Ba1

Moody's outlook: POS

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$225.7 billion US$306.7 billion US$201.8 billion
Largest companies in Turkey

Koç Holding (Conglomerates), Sabanci Holding (Conglomerates), Enka (Construction Service), Erdemir (Iron & Steel), Garanti Bank (Regional Banks), Isbank (Regional Banks), Akbank (Regional Banks), Halkbank (Regional Banks), VakifBank (Regional Banks), Turk Telekom (Telecommunications services), Turkcell (Telecommunications services) (2012)

 
 
Source
Current account balance

US$ -71.7 billion (2011 estimate)(After 2008)

Current account balance by percentage of GDP

-8.8% of GDP (2010 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

21.1% (2010)

(Data released on April 2012)

Shares in world total merchandising export

0.74%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

0.91% (2011)(2007)

(Data were released in 2012)

Total exports

US$154.2 billion (2012 estimate) 

Export commodities

apparel, foodstuffs, textiles, metal manufactures, transport equipment

Total imports

US$225.6 billion (2012 estimate) 

 
 
Source
Import commodities

machinery, chemicals, semi-finished goods, fuels, transport equipment

Exports - major partners

Germany 10.3%, Iraq 6.2%, UK 6%, Italy 5.8%, France 5%, Russia 4.4% (2009 estimate)

Imports - major partners

Russia 9.9%, Germany 9.5%, China 9%, US 6.7%, Italy 5.6%, Iran 5.2% (2009 estimate)

FDI inflows
2009 2010 2011
US$8,411 million US$9,038 million(2009) US$15,876 million(2009)
FDI outflows
2009 2010 2011  
US$1,553 million US$1,464 million US$2,464 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
US$1,313 million N/A(2009) US$-38 million(2009) US$908 million
Cross-border M&A; deals worth over $3 billion completed in 2010(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 71 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 72 out of 185 countries(2009)

Enforcing Contracts: 40 out of 185 countries

Registering Property: 42 out of 185 countries

Getting credit: 83 out of 185 countries

Protecting investors: 70 out of 185 countries

Trading across border: 78 out of 185 countries

Paying Taxes: 80 out of 185 countries

Dealing with Construction Permits: 142 out of 185 countries

Getting Electricity: 68 out of 185 countries

Resolving Insolvency: 124 out of 185 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

43

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 73 Score: 62.5 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

783,562 km2 (2006)

Capital

Ankara (2009)

Currency

Turkish liras (TRY) (2009)

Government type

republican parliamentary democracy (2009)

Languages

Turkish (official), Kurdish, other minority languages

Religions

Muslim 99.8% (mostly Sunni), other 0.2% (mostly Christians and Jews)

Total population
1980 1990 2000 2012* 2017**
42.17 million 52.44 million 62.76 million 74.89 million 79.34 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
31.5% 43.8% 64.7% 71.4%
Population median age

28 years (2010)

Population growth rate

1.2% (2011)

Life expectancy

74 years (2010)

Adult literacy

91% (2005/2010)

% of population living on less than $2 a day

9.05% (2011)

Inequality of wealth distribution (Gini index)

38.95 (2008)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:3 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

109.36% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

42.1% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

Source
CO2 emissions(Metric tons of CO2 per capita)

3.8672 (Data were released in 2012 and refer to 2009)

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2009

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