INSIGHT INTO TURKEY
Formed as a republic in 1923, Turkey is a member of the UN, NATO & is in ongoing negotiations with the EU.
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EXPLORE THE COUNTRY BELOW
POPULATION
Turkey's population is currently up 1.36% comparing 2015 to 2016.
Women make up
49.8%
of the population.
Turkey's population by age
18.9 MILLION
0-14
54.2 MILLION
15-64
6.6 MILLION
65 & OVER
Since 2015 the birthrate has gone down by
3.08%
Economic Growth - Real GDP
Last year, Turkey’s economy grew by 2.9%, down from 6.1% in 2015 and 5.2% in 2014.
Since January 2014 the Turkish Lira has depreciated about 60% against the dollar.
According to the latest World Bank projections, how much is Turkey's economy expected to expand in 2017?
1.5%
1.5%
2.5%
2.5%
3.5%
3.5%
Incorrect!
Turkey's growth is projected at
3.5%
for 2017 acccording to World Bank projections.
Real GDP: YoY: Turkey
5.2%
2014
2014
6.1%
2015
2.9%
2016
Real GDP Growth (%)
Correct!
Turkey's growth is projected at
3.5%
for 2017 according to World Bank projections.
Real GDP: YoY: Turkey
5.2%
2014
2014
6.1%
2015
2.9%
2016
Real GDP Growth (%)
TURKEY'S TOURISM
Tourism in Turkey has suffered over recent years due to political and economic factors.
Tourist arrival numbers have decreased over the past 3 years, with the country losing around
10.3 million tourists
from 2014 (35mn) to 2016 (24.7mn)
Tourism has also declined in the last 3 years
35%
Tourism revenue declined from...
$35 billion
in 2014 to...
$22 billion
in 2016.
Take a closer look
Compare and investigate further data on tourism with our CEIC World Trend Plus
TURKEY'S OIL & GAS INDUSTRY
Since Turkey does not have abundant oil and gas reserves, the country is importing the bulk of fuels needed to support its rapidly expanding economy.
As Turkey has limited oil reserves, it imports almost all of its domestic crude oil needs (93% of consumption)
In 2015 Turkey imported the most crude oil from which country?
RUSSIA
RUSSIA
IRAQ
IRAQ
IRAN
IRAN
Incorrect!
IRAQ
is the main supplier of crude oil.
46%
of total crude oil imports are from Iraq
34%
of imports come from Iran and Russia
43.4% y/y
surge in crude oil imports in 2015
Correct!
IRAQ
is the main supplier or crude oil.
46%
of total crude oil imports are from Iraq
34%
of imports come from Iran and Russia
43.4% y/y
surge in crude oil imports in 2015
The total gas pipelines length in Turkey is
12,200 km
There are 3,300 km of oil pipelines.
FOOD FOR THOUGHT
Turkey is agriculturally self-sufficient with a climate suitable for farming and an export-oriented economy which represents a stable base for the development of the food and beverage industry.
The Turkish food and beverage market accounted for
19%
of the GDP in 2015
Turkey's food & beverage exports
$12 billion
In exports in 2015, a 20% increase
40% of exports
is processed and preserved fruit and vegetables
Iraq & Germany
are Turkey's biggest export markets
IN THE FAST LANE
Turkey’s automotive sector grew strongly in 2016, with production hitting a new record high for the second straight year and exports exceeding the one-million mark for the first time ever.
6th
largest motor vehicle producer in Europe
TEST YOUR INSTINCTS
Which passenger car brand sold the most in 2016?
VOLKSWAGEN
VOLKSWAGEN
RENAULT
RENAULT
OPEL
OPEL
Incorrect!
It's Renault!
Renault sold 106,616 passenger cars in 2016m while Volkwagen and Opel sold 101,763 and 55,471 respectively.
Passenger Car Sales (2016)
LIKES
Correct!
It's Renault!
Renault sold 106,616 passenger cars in 2016m while Volkwagen and Opel sold 101,763 and 55,471 respectively.
Passenger Car Sales (2016)
LIKES
More automotive sector information
Find out more about Turkey's automotive sector and buy our report.
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Population Sources
Turkey's Economy Data Sources
Turkey's Tourism Data Sources
Oil & Gas Sources
EMIS Insights Oil & Gas Sector Report 2016/2017
Food & Beverage Sources
EMIS Insights Turkey Food & Beverage Sector Report 2016/2017
Automotive Sources
EMIS Insights - Turkey Automotive Sector Report 2017/2018
Image credits
Volkswagen logo: rvlsoft / Shutterstock.com
Opel logo: JuliusKielaitis / Shutterstock.com