Turkey Turkey

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

Turkey, with a population of 83,154,997 people, it is ranked at 19º 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 19 position by nominal GDP. Its national debt in 2019 was 224,194 millions of euros (250,985 millions of dollars), ( 32.99% debt-to-GDP ratio) and its public debt per capita is 2,696€ euros per inhabitant3,018$ dollars per inhabitant.

The last annual rate of CPI published in Turkey was on January of 2021 and it was 15%.

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 [+]2020Q31,890€
Annual GDP [+]2019679,510M.€
Annual GDP [+]2019760,940M.$
GDP per capita [+]20198,230€
GDP per capita [+]20199,151$
Quarterly GDP [+]2020Q3157,147M.€
Debt (M.€.) [+]2019224,194
Debt (M.$.) [+]2019250,985
Debt (%GDP) [+]201932.99%
Debt Per Capita [+]20192,696€
Debt Per Capita [+]20193,018$
Deficit (M.€) [+]2019-38,388
Deficit (M.$) [+]2019-42,975
Deficit (%GDP) [+]2019-5.65%
Expenditure (M.€) [+]2019239,074.9
Expenditure (M.$) [+]2019267,644.4
Education Expenditure (M.€) [+]201533,349.6
Education Expenditure (M.$) [+]201537,084.8
Education Expenditure (%Bud.) [+]201512.84%
Gov. Health Exp. (M.€) [+]201922,927.2
Gov. Health Exp.(M.$) [+]19986,966.2
Gov. Health Exp. (%Bud.) [+]20179.69%
Defence Expenditure (M.€) [+]201918,471.6
Defence Expenditure (M.$) [+]201920,685.1
Defence Expenditure (%Bud.) [+]20197.81%
Expenditure (%GDP) [+]201935.18%
Expenditure Per Capita [+]20192,875€
Expenditure Per Capita [+]20193,219$
Education Expenditure P.C [+]2015426€
Education Expenditure P.C [+]2015471$
Gov. Health Exp. P.C. [+]2019280€
Gov. Health Exp. P.C. [+]2017346$
Defence Expenditure P.C. [+]2019224€
Defence Expenditure P.C. [+]2019249$
Moody's Rating [+]09/11/2020B2
S&P Rating [+]08/17/2018B+
Fitch Rating [+]02/21/2020BB-
Corruption Index [+]201841
Competitiveness Ranking [+]201961º
Fragile States Index [+]201882.2
RTI Raking [+]09/28/201891º
Innovation Ranking [+]201850º
Unemployment Rate [+]October 202012.9%
Unemployment rate [+]2020Q313.2%
Unemployed [+]2020Q34,177 m.
NMW [+]2021481.8 $
NMW [+]2021392.6 €
Average Wage [+]20199,220€
Average Wage [+]201511,753$
Human Capital Ranking [+]201775º
Euro / Turkish liras [+]02/26/20219.0168
US Dollar exchange rate [+]02/26/20217.3775
Stock ExchangeYTD % [+]02/26/2021-0.36%
CPI (overall index) [+]January 202115.0%
HICP [+]January 202115.0%
PPI Year on Year [+]January 202126.1%
Money Market
Key rates [+]12/25/202017.00%
Doing Business [+]201943º
IPI Year on Year [+]December 20209.0%
Passengers vehicles Year [+]December 2019387,256
Annual Vehicles/ 1,000 p. [+]December 20195.92
Motor vehicle production [+]20191,430,516
Vehicles / 1,000 people [+]2015195.08
Standard VAT [+]01/01/200618.00%
Top tax rate + SSC [+]201945.5%
Annual arrivals [+]201845,768,000
Exports [+]2020139,942.0 M.€
Exports [+]2019180,870.8 M.$
Exports % GDP [+]201922.55%
Imports [+]2020182,218.0 M.€
Imports [+]2019210,346.9 M.$
Imports % GDP [+]201926.64%
Trade balance [+]2020-42,276.1 M.€
Trade balance [+]2019-29,476.0 M.$
Trade balance % GDP [+]2019-4.10%
Retail Sales YoY [+]December 20204.3%
Global AgeWatch Ranking [+]201575º
Density [+]2019106
Global Peace Ranking [+]2020150º
Crude divorce rate [+]20181.70‰
Remittance received (M.$) [+]20171,045.1
% Immigrant [+]20197.07%
% Emigrant [+]20194.20%
Birth Rate [+]201914.30‰
Remittance sent (M.$) [+]20174,737.4
Crude death rate [+]20195.30‰
Fertility Rate [+]20191.88
Crude marriage rate [+]20196.60‰
% risk of poverty [+]201323.1%
Population [+]201983,154,997
Immigrant stock [+]20195,876,829
Emigrant stock [+]20193,493,071
HDI [+]20190.820
Gender Gap Ranking [+]2018130º
Life expectancy [+]201979.10
Suicides [+]20172,730
Suicide rate [+]20173.33
Number of homicides [+]20182,133
Rate Homicides per 100.000 [+]20182.59
Energy and Environment
CO2 Tons per capita [+]20195.01
Annual crude oil production [+]201958
Crude Oil Reserves [+]2021366.0
Consumption GWh [+]2019251,376
Generation GWh [+]2019290,442
COVID-19 - Deaths [+]02/25/202128,358
COVID-19 - Confirmed [+]02/25/20212,674,766
Fully vaccinated [+]02/25/20211,397,487
COVID-19 - Deaths per million population [+]02/25/2021341.03
Doses administered [+]02/25/20217,979,726