Turkey - Economic Data

Detailed information

Turkey - Economic Data

Information on the economy in Turkey

Area
783,562 sq km

Location
3 % of the national territory lies in Europe
(Thrace), 97 % in Asia Minor (Anatolia)

Population
70.6 million (2007), 73 million (2006)
Population growth rate: - 3.3 %
Population density: 93.2 inhabitants/km2 (by comparison: Germany:231 inhabitants/km2)

Literacy
85 % (2006)

Gross Domestic Product
400.1 billion US $ (2006)

GDP per capita
5,014 US $ (2005), 5,482 US $ (2006)
9,333 US $ (2007)

GDP growth
8.9 % (2004), 7.4 % (2005), 6.9 % (2006),
4.5 % (2007)


Exchange rate (31.03.2008)
1 euro = 2.015750 New Turkish Lira (YTL)
1 YTL = 0.50 euro

Rate of inflation
7.7 % (2005), 9.9 % (2006), 8.4 % (2007)

Unemployment
10.3 % (2005), 9.9 % (2006), 9.9 % (2007)

Average wage (YTL/month)
893 (2003), 1,034 (2004), 1,176 (2005)
1,364 (2006), 1,512 (2007)

Imports
116.8 billion US $ (2005); 137.4 billion US $ (2006)

Exports
80.7 billion US % (2005); 85.3 billion US $ (2006)

Trade partners:
The most important supplier to Turkey is Russia with 13.8 % of imports, followed by Germany accounting for 10.8 %.
11.2 % of Turkish exports go to Germany as its main export partner.

Population structure
Approx. 25 % of the Turkish population is of school age.

Average age
28.1 years old (Germany: 42.6 years old)

Total students
16.5 million
Students by education sector:
- Primary and secondary stage I (8 years):10.8 million
- Secondary stage II (3 years): 3.3 million
- University: 2.4 million

Public libraries
University libraries
1,156
277

(Sources: bfai – Bundesagentur für Aussenwirtschaft, May 2008;
Türkiye Yayıncılar Birliği (Association of Turkish Publishers, June 2008); © 1995 – 2008 Auswärtiges Amt; http://www.geographixx.de)


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