
Nordics’ NATO Bid Means Short-Term Pain For Long-Term Gain
Finland's and Sweden's joint application for NATO membership entails serious economic changes.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Turkey economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Turkey best banks and safest banks are also available.
The currency’s wild ride continues into the new year.
USD 766.4 billion (2018, estimate)
Intl$ 2,295.5 billion (2018, estimate)
2014 | 2015 | 2016 | 2017 | 2018* |
5.2% | 6.1% | 3.2% | 7.4% | 2.6% |
*Estimate
(2016 estimate)
1% (2017)
2014 | 2015 | 2016 | 2017* | 2018* |
7.7% | 7.8% | 11.1% | 16.3% | 15.7% |
*Estimate
2014 | 2015 | 20165 | 2017* | 2018* |
10.3% | 10.3% | 10.9% | 11% | 10.2% |
*Estimate
2014 | 2015 | 2016 | 2017* | 2018* |
27.6% | 28.3% | 28.2% | 30.2% | 30.1% |
*Estimate
2014 | 2015 | 2016 | 2017* | 2018* |
-1.3% | -2.4% | -2.2% | -3.1% | -4.6% |
*Estimate
Standard & Poor's: B+
Moody's: B1
Standard & Poor's / Moody's (Updated January 2017)
2016 | 2017 | 2018 |
USD 195.7 billion | USD 219.8 billion | USD 149.3 billion |
Isbank, Koç Holding, Garanti Bank, Sabanci Holding, Akbank, Halkbank, VakifBank, Turkish Airlines, Erdemir
-3.5% (2018 estimate)
29.6% (2018)
0.86% (2018)
0.83% (2018)
Apparel, foodstuffs, textiles, metal manufactures, transport equipment
Machinery, chemicals, semi-finished goods, fuels, transport equipment
Germany 9.6%, UK 6.1%, UAE 5.9%, Iraq 5.8%, US 5.5%, Italy 5.4%, France 4.2%, Spain 4% (2017)
China 10%, Germany 9.1%, Russia 8.4%, US 5.1%, Italy 4.8% (2017)
2016 | 2017 | 2018 |
USD 13,705 million | USD 11,478 million | USD 12,944 million |
2015 | 2017 | 2018 |
USD 2,893 million | USD 2,633 million | USD 3,608 million |
2015 | 2016 | 2017 | 2018 |
USD 480 million | USD 761 million | USD 164 million | USD -736 million |
N/A
(for a monthly update on M&A; click here )
N/A
(for a monthly update on M&A; click here )
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 33 out of 190 countries (2019)
Subcategories:
Starting a Business: 77 out of 190 countries
Dealing with Construction Permits: 53 out of 190 countries
Getting Electricity: 41 out of 190 countries
Registering Property: 27 out of 190 countries
Getting Credit: 37 out of 190 countries
Protecting Minority Investors: 21 out of 190 countries
Paying Taxes: 26 out of 190 countries
Trading across Borders: 44 out of 190 countries
Enforcing Contracts: 24 out of 190 countries
Resolving Insolvency: 120 out of 190 countries
61 out of 141 countries
(2019)
Ranking: 68 / Score: 64.6 (Moderately free) (2019)
(100=totally free 0=totally repressed)
Turkish (official), Kurdish, other minority languages
Muslim 99.8% (mostly Sunni), other 0.2% (mostly Christians and Jews)
1990 | 2000 | 2010 | 2015* | 2020* |
52.51 million | 64.73 million | 73.72 million | 78.74 million | 84.4 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
31.5% | 43.8% | 64.7% | 75.1% |
Total population: 96.2%
Male: 98.8%
Female: 93.6% (2016 est.)
(age 15 and over can read and write)
1.8% (2016)
41.9 (2016)
(0=perfect equality, 100=absolute inequality)
Political Rights: 5
Civil Liberties: 6 (2019)
(1 represents the most free, 7 the least free rating)
Fixed 14.1% Mobile 97.3% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)