Imports$232.9 billion (2011 est.)
Exports$143.5 billion (2011 est.)
Inflation rate (consumer prices)6.5% (2011 est.)
Unemployment rate9.8% (2011 est.)
GDP - per capita (PPP)$14,700 (2011 est.)
National product real growth rate7.3% (2010 est.)
Internet users27.233 million (2009)
Telephones - mobile cellular61.77 million (2009)
Population growth rate1.197% (2012 est.)
Population79,749,461 (July 2012 est.)
Modern Turkey was founded in 1923 from the Anatolian remnants of the defeated Ottoman Empire by national hero Mustafa KEMAL, who was later honored with the title Ataturk or "Father of the Turks.
" Under his authoritarian leadership, the country adopted wide-ranging social, legal, and political reforms.
After a period of one-party rule, an experiment with multi-party politics led to the 1950 election victory of the opposition Democratic Party and the peaceful transfer of power....
Turkey's economy is increasingly driven by its industry and service sectors, although its traditional agriculture sector still accounts for about 30% of employment.
An aggressive privatization program has reduced state involvement in basic industry, banking, transport, and communication, and an emerging cadre of middle-class entrepreneurs is adding a dynamism to the economy.
Turkey's traditional textiles and clothing clothing sectors still account for one-third of industrial employment, despite stiff competition in international markets that resulted from the end of the global quota system....
Leading indicators suggest only sluggish growth in Q1 2015, with weak consumer and business confidence weighing on consumption and investment decisions. In addition, intensifying uncertainty about the ...
The Economist Intelligence Unit
Outlook for 2015-19 Recep Tayyip Erdogan, who had been prime minister since 2003, became Turkey's directly elected president in August 2014. The Economist Intelligence Unit expects power to shift from ...
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