Turkey Turkey

Subscribe to our free email alert service

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

Turkey, with a population of 83,614,362 people, it is ranked at 18º position by population of 196 countries and has a population density of 106 people per km2.

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

Turkey is holding the 20 position by nominal GDP. Its national debt in 2020 was 249,160 millions of euros (286,923 millions of dollars), ( 39.77% debt-to-GDP ratio) and its public debt per capita is €2,980 euros per inhabitant$3,432 dollars per inhabitant.

The last annual rate of CPI published in Turkey was on December of 2021 and it was 36.1%.

In terms of the human development index (HDI) of Turkey, which is the index used by the United Nations to measure the progress of a country, was 0.82 points in 2019, leaving it in 54th place in the table of 189 countries published.

If the reason to visit Turkey are business, you must know it's in the 43th 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 Turkey, if you want to see information about other countries click here

Ankara: Monthly Temp.
Ankara: Monthly Rainfall
Turkey Economy
Qu. GDP Per Capita [+]2021Q32,171K
Annual GDP [+]2020€626,576M
Annual GDP [+]2020$719,919M
GDP per capita [+]2020€7,510
GDP per capita [+]2020$8,610
Quarterly GDP [+]2021Q3€181,562M
Debt (M.€.) [+]2020249,160
Debt ($M) [+]2020286,923
Debt (%GDP) [+]202039.77%
Debt Per Capita [+]2020€2,980
Debt Per Capita [+]2020$3,432
Deficit (M.€) [+]2020-33,408
Deficit ($M) [+]2020-38,159
Deficit (%GDP) [+]2020-5.29%
Expenditure (M.€) [+]2020214,730.2
Expenditure ($M) [+]2020245,264.9
Education Expenditure (M.€) [+]201828,281.8
Education Expenditure ($M) [+]201833,484.7
Education Expenditure (%Bud.) [+]201812.41%
Gov. Health Exp. (M.€) [+]201923,000.5
Gov. Health Exp.($M) [+]19986,966.2
Gov. Health Exp. (%Bud.) [+]20179.69%
Defence Expenditure (M.€) [+]202017,371.6
Defence Expenditure ($M) [+]202019,959.6
Defence Expenditure (%Bud.) [+]20207.52%
Expenditure (%GDP) [+]202033.99%
Expenditure Per Capita [+]2020€2,568
Expenditure Per Capita [+]2020$2,933
Education Expenditure P.C [+]2018€347
Education Expenditure P.C [+]2018$408
Gov. Health Exp. P.C. [+]2019€279
Gov. Health Exp. P.C. [+]2017$346
Defence Expenditure P.C. [+]2020€208
Defence Expenditure P.C. [+]2020$239
Moody's Rating [+]09/11/2020B2
S&P Rating [+]12/10/2021B+
Fitch Rating [+]02/21/2020BB-
Corruption Index [+]202040
Competitiveness Ranking [+]201961º
Fragile States Index [+]201882.2
RTI Raking [+]09/28/201891º
Innovation Ranking [+]201850º
Unemployment Rate [+]September 202111.5%
Unemployment rate [+]2020Q412.8%
Unemployed [+]2020Q43,968K
NMW [+]2021$481.8
NMW [+]2021€392.6
Average Wage [+]2015$11,753
Average Wage [+]2020€9,280
Human Capital Ranking [+]201775º
Euro / Turkish liras [+]01/21/202215.2230
US Dollar exchange rate [+]01/21/202213.4141
Stock ExchangeYTD % [+]01/21/20228.26%
CPI (overall index) [+]December 202136.1%
HICP [+]December 202136.1%
PPI Year on Year [+]December 202179.9%
Money Market
Key rates [+]12/17/202114.00%
Doing Business [+]201943º
IPI Year on Year [+]October 20218.5%
Passengers vehicles Year [+]December 2020610,109
Annual Vehicles/ 1,000 p. [+]December 20209.52
Motor vehicle production [+]20201,297,878
Vehicles / 1,000 people [+]2020223.33
Tax Revenue (%GDP) [+]201923.1%
Standard VAT [+]01/01/200618.00%
Top tax rate + SSC [+]202040.8%
Annual arrivals [+]201951,191,882
Exports [+]2020€140,034.5M
Exports [+]2020$169,481.9M
Exports % GDP [+]202022.35%
Imports [+]2020€182,327.5M
Imports [+]2020$219,397.2M
Imports % GDP [+]202029.10%
Trade balance [+]2020€-42,293.0M
Trade balance [+]2020$-49,915.2M
Trade balance % GDP [+]2020-6.75%
Retail Sales YoY [+]November 202114.7%
Global AgeWatch Ranking [+]201575º
Density [+]2020106
Global Peace Ranking [+]2021149º
Crude divorce rate [+]20191.90‰
Remittance received ($M) [+]20171,045.1
% Immigrant [+]20197.07%
% Emigrant [+]20194.20%
Birth Rate [+]202013.30‰
Remittance sent ($M) [+]20174,737.4
Crude death rate [+]20195.30‰
Fertility Rate [+]20191.88
Crude marriage rate [+]20196.60‰
% risk of poverty [+]202023.0%
Population [+]202083,614,362
Immigrant stock [+]20195,876,829
Emigrant stock [+]20193,493,071
HDI [+]20190.820
Gender Gap Ranking [+]2020130º
Life expectancy [+]201979.10
Suicides [+]20193,406
Suicide rate [+]20194.10
Number of homicides [+]20192,006
Rate Homicides per 100.000 [+]20192.40
Energy and Environment
CO2 Tons per capita [+]20204.83
Annual crude oil production [+]202062
Crude Oil Reserves [+]2021366.0
Consumption GWh [+]2020263,952
Generation GWh [+]2020293,823
COVID-19 - Deaths [+]01/20/202285,419
COVID-19 - Confirmed [+]01/20/202210,736,215
Fully vaccinated [+]01/20/202252,222,180
COVID-19 - Deaths per million population [+]01/20/20221,021.58
Doses administered [+]01/20/2022140,311,232