Click here for Turkish Economy PDF presentationcolumdae.com/.../uploads/2011/09/Click-here-for-Turkish-Economy-PDF-presentation.pdfPop active 25,640,000 Unemployment rate 12.0 Inflation
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TURKISH ECONOMY
ISTANBUL
1
HELSINKIISTANBUL
TURKEY
MER
DE L’EST
2
DE L’EST
President Dr. Abdullah GÜL
Prime Minister Mr. Recep Tayyip ERDOGAN
Political Regime Parliamentary republic
Capital Ankara
GDP total € billion
Main cities Istanbul, Izmir, Bursa, Adana
MAIN ECONOMIC INDICATORS
Statistics( 2010) Turkey trends
Population 78,785,548
Land area (km²) 783,562
Density (hab/km²) 94
GDP billion $ (PPP) 960
Growth 8.2%
Pop active 25,640,000
Unemployment rate 12.0
Inflation rate 8.6
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Foreign Trade
Exports billion $ 121.0
Imports billion $ 177.3
Finance
Investment rate 18.7%
Public debt 42.8%
Official currency Lira (TL)
Exchange rate 1 $ = 1.78 TL
Source : CIA World Factbook
8 REASONS TO GO TO TURKEY
Open and attractive
marketLarge and effective
workforce
Happy-to-spend
consumers
Large and growing
market, one of the
“Next-11”
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Competitive corporate tax
regime
Strategic location
between Europe and
the Middle East
Easy to reach
Gateway to nearby
countries (e.g. Iraq)
... Turkey has been in a customs union with the EU since 1995?
... Turkey is one of the largest producers of TV sets in Europe and the Middle East?
DID YOU KNOW THAT…
Europe and the Middle East?
... Turkey has some of the largest bus, van and truck (lorry) manufacturing companies in the world?
... Istanbul’s Atatürk Airport is the 2nd busiest one in the Middle East (after Dubai)?
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TURKEY, BUSINESS OUTLOOK
Export commodities Export commodities -- partnerspartnersImport commodities Import commodities -- partnerspartners
Machinery, chemicals, semi-finished
goods, fuels, transport equipment
Russia 13.8%, Germany 10%, China 9%,
US 6.1%, Italy 5.4%, France 5%
Apparel, foodstuffs, textiles, metal
manufactures, transport equipment
Germany 9.6%, France 6.1%, UK
5.8%, Italy 5.8%, Iraq 5%
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Export Export –– Import revenuesImport revenues Main industriesMain industries
Imports $177.3 billion
Exports $121.0 billion
Textiles, food processing, autos,
electronics, mining (coal,
chromate, copper, boron), steel,
petroleum, construction, lumber,
paper
TURKEY, MAIN SECTORS & COMPANIES
MetalsMetals Auto partsAuto parts Commercial vehiclesCommercial vehicles ElectronicsElectronics
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Textile and clothingTextile and clothingFoodFoodChemicalsChemicals
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