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Turkey : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook


$232.9 billion (2011 est.)
$177.3 billion (2010 est.)


$143.5 billion (2011 est.)
$120.9 billion (2010 est.)

Inflation rate (consumer prices)

6.5% (2011 est.)
8.6% (2010 est.)

Unemployment rate

9.8% (2011 est.)
12% (2010 est.)
note: underemployment amounted to 4% in 2008

GDP - per capita (PPP)

$14,700 (2011 est.)
$13,700 (2010 est.)
$12,800 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

7.3% (2010 est.)
-4.7% (2009 est.)
0.7% (2008 est.)

Internet users

27.233 million (2009)

Telephones - mobile cellular

61.77 million (2009)

Population growth rate

1.197% (2012 est.)


79,749,461 (July 2012 est.)

Historical background

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.

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Economic overview

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.

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Emerging Markets Direct Media Holdings

Turkey Country Report Mar17 - March, 2017

  • $ 418
  • Country report
  • April 2017
  • by Emerging Markets Direct Media Holdings

Turkey remains in a difficult place both politically and economically that is weighing on growth. Analysts expect Turkey to be dogged by this uncertainty for at least two years depressing the economic ...

  • Countries : Turkey

Oxford Economics

Country Economic Forecasts > Turkey

  • $ 163
  • Country report
  • March 2017
  • by Oxford Economics

Political developments remain a key factor in the economic outlook. A referendum to amend the constitution in favour of expanding the powers of the presidency will be held on April 16. Polls suggest that ...

  • Countries : Turkey

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