Türkiye Turkey

Subscribe to our free email alert service

Türkiye, is a country located at Western Asia, it has an area of 785,350 Km2.

Türkiye, with a population of 85,279,553 people, it is ranked at 17º position by population of 196 countries and has a population density of 109 people per km2.

It's capital is Ankara and its currency is Turkish liras

Türkiye is holding the 19 position by nominal GDP. Its national debt in 2022 was 267,893 millions of euros (282,326 millions of dollars), ( 31.18% debt-to-GDP ratio) and its public debt per capita is €3,141 euros per inhabitant$3,311 dollars per inhabitant.

The last annual rate of CPI published in Türkiye was on October of 2023 and it was 61.4%.

In terms of the human development index (HDI) of Türkiye, which is the index used by the United Nations to measure the progress of a country, was 0.838 points in 2021, leaving it in 48th place in the table of 191 countries published.

If the reason to visit Türkiye are business, you must know it's in the 34th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Türkiye, if you want to see information about other countries click here

Ankara: Monthly Temp.
Ankara: Monthly Rainfall
Türkiye Economy
Gouvernement
Qu. GDP Per Capita [+]2023Q22,917K
Annual GDP [+]2022€862,310M
Annual GDP [+]2022$905,527M
GDP per capita [+]2022€10,150
GDP per capita [+]2022$10,618
Quarterly GDP [+]2023Q3€251,985M
Debt (M.€.) [+]2022267,893
Debt ($M) [+]2022282,326
Debt (%GDP) [+]202231.18%
Debt Per Capita [+]2022€3,141
Debt Per Capita [+]2022$3,311
Deficit (M.€) [+]2022-14,051
Deficit ($M) [+]2022-14,808
Deficit (%GDP) [+]2022-1.64%
Expenditure (M.€) [+]2022240,944.3
Expenditure ($M) [+]2022253,925.7
Education Expenditure (M.€) [+]201828,296.3
Education Expenditure ($M) [+]201833,480.6
Education Expenditure (%Bud.) [+]201812.43%
Gov. Health Exp. (M.€) [+]202228,135,954,747.0
Gov. Health Exp.($M) [+]19986,966,249,860.8
Gov. Health Exp. (%Bud.) [+]20179.69%
Defence Expenditure (M.€) [+]202210,636.5
Defence Expenditure ($M) [+]202211,169.5
Defence Expenditure (%Bud.) [+]20224.40%
Expenditure (%GDP) [+]202228.04%
Expenditure Per Capita [+]2022€2,825
Expenditure Per Capita [+]2022$2,978
Education Expenditure P.C [+]2018€347
Education Expenditure P.C [+]2018$408
Gov. Health Exp. P.C. [+]2022€332
Gov. Health Exp. P.C. [+]2017$346
Defence Expenditure P.C. [+]2022€125
Defence Expenditure P.C. [+]2022$131
Moody's Rating [+]08/12/2022B3
S&P Rating [+]09/29/2023B
Fitch Rating [+]07/08/2022B
Corruption Index [+]202236
Competitiveness Ranking [+]201961º
Fragile States Index [+]201882.2
RTI Raking [+]202290º
Innovation Ranking [+]201850º
Labour
Unemployment Rate [+]September 20239.1%
Unemployment rate [+]2020Q412.8%
Unemployed [+]2020Q43,968K
NMW [+]2023$648.6
NMW [+]2023€606.1
Average Wage [+]2022$8,307
Average Wage [+]2022€7,889
Human Capital Ranking [+]201775º
Markets
Euro / Turkish liras [+]12/08/202331.2340
US Dollar exchange rate [+]12/11/202328.9657
Stock ExchangeYTD % [+]12/08/202343.65%
Prices
CPI (overall index) [+]October 202361.4%
HICP [+]October 202361.5%
PPI Year on Year [+]November 202342.2%
Money Market
Key rates [+]11/24/202340.00%
Business
Doing Business [+]202034º
IPI Year on Year [+]September 20234.0%
Passengers vehicles Year [+]December 2022592,660
Annual Vehicles/ 1,000 p. [+]December 20229.70
Motor vehicle production [+]20221,352,648
Vehicles / 1,000 people [+]2020223.33
Taxes
Tax Revenue (%GDP) [+]202220.8%
Standard VAT [+]01/01/200618.00%
Top tax rate + SSC [+]202240.8%
Trade
Annual arrivals [+]201951,191,882
Exports [+]2022€223,777.3M
Exports [+]2022$235,637.5M
Exports % GDP [+]202225.95%
Imports [+]2022€324,440.5M
Imports [+]2022$341,635.9M
Imports % GDP [+]202237.62%
Trade balance [+]2022€-100,663.3M
Trade balance [+]2022$-105,998.4M
Trade balance % GDP [+]2022-11.67%
Retail Sales YoY [+]September 202313.8%
Socio-Demography
Global AgeWatch Ranking [+]201575º
Density [+]2022109
Global Peace Ranking [+]2023147º
Crude divorce rate [+]20201.60‰
Remittance received ($M) [+]20171,045.1
% Immigrant [+]20207.24%
% Emigrant [+]20204.08%
Birth Rate [+]202212.20‰
Remittance sent ($M) [+]20174,737.4
Crude death rate [+]20225.90‰
Fertility Rate [+]20211.89
Crude marriage rate [+]20205.80‰
% risk of poverty [+]202122.4%
Population [+]202285,279,553
Immigrant stock [+]20206,052,652
Emigrant stock [+]20203,411,408
HDI [+]20210.838
Gender Gap Ranking [+]2023129º
Life expectancy [+]202176.03
Suicides [+]20193,404
Suicide rate [+]20194.13
Number of homicides [+]20212,136
Rate Homicides per 100.000 [+]20212.52
Energy and Environment
CO2 Tons per capita [+]20215.32
Annual crude oil production [+]202269
Crude Oil Reserves [+]2021366.0
Consumption GWh [+]2021284,254
Generation GWh [+]2021317,101
Others
COVID-19 - Deaths [+]12/06/2023101,419
COVID-19 - Confirmed [+]12/06/202317,004,677
Fully vaccinated [+]11/22/202253,176,961
COVID-19 - Deaths per million population [+]12/06/20231,189.25
Doses administered [+]11/22/2022152,543,341