Turkey economic profile Flashcards

1
Q

Turkey unemployment rate?

A

10.4%

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2
Q

Turkey real GDP growth?

A

5.6%

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3
Q

Turkey GDP per capita

A

$10,640

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4
Q

Turkey CPI ( inflation rate )?

A

68.6%

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5
Q

Turkey current account as % of GDP?

A

-5.39%

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6
Q

Total government debt as % of GDP?

A

50.2%

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7
Q

Turkey competitiveness ranking?

A

47th

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8
Q

Turkey economy strengths? ( 4 )

A
  • Good geographical location
  • Young population
  • 53% of energy is renewable
  • Large gas fields off shore in the black sea
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9
Q

Turkey economy weaknesses? ( 5 )

A
  • Political instability
  • High inflation
  • Poor legal system
  • High income inequality
  • Rising external vunerability
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