Country vs country: Economy Stats: compare key data on Greece & Turkey and Economy Stats: compare key data on Greece & Turkey compared Economy

STAT Greece Turkey HISTORY
Budget > Revenues $111.80 billion
Ranked 29th.
$185.10 billion
Ranked 21st. 66% more than Greece

Budget surplus > + or deficit > - -10.2% of GDP
Ranked 172nd. 5 times more than Turkey
-2.1% of GDP
Ranked 75th.

Debt > Government debt > Public debt, share of GDP 161.3 CIA
Ranked 3rd. 5 times more than Turkey
35.5 CIA
Ranked 100th.
Overview Greece has a capitalist economy with a public sector accounting for about 40% of GDP and with per capita GDP about two-thirds that of the leading euro-zone economies. Tourism provides 15% of GDP. Immigrants make up nearly one-fifth of the work force, mainly in agricultural and unskilled jobs. Greece is a major beneficiary of EU aid, equal to about 3.3% of annual GDP. The Greek economy grew by nearly 4% per year between 2003 and 2007, due partly to infrastructural spending related to the 2004 Athens Olympic Games, and in part to an increased availability of credit, which has sustained record levels of consumer spending. But the economy went into recession in 2009 as a result of the world financial crisis, tightening credit conditions, and Athens' failure to address a growing budget deficit. The economy contracted by 2.3% in 2009, 3.5% in 2010, 6.9% in 2011, and 6.0% in 2012. Greece violated the EU's Growth and Stability Pact budget deficit criterion of no more than 3% of GDP from 2001 to 2006, but finally met that criterion in 2007-08, before exceeding it again in 2009, with the deficit reaching 15% of GDP. Austerity measures reduced the deficit to about 8% in 2012. Deteriorating public finances, inaccurate and misreported statistics, and consistent underperformance on reforms prompted major credit rating agencies to downgrade Greece's international debt rating in late 2009, and has led the country into a financial crisis. Under intense pressure from the EU and international market participants, the government adopted a medium-term austerity program that includes cutting government spending, decreasing tax evasion, overhauling the health-care and pension systems, and reforming the labor and product markets. Athens, however, faces long-term challenges to push through unpopular reforms in the face of widespread unrest from the country's powerful labor unions and the general public. In April 2010 a leading credit agency assigned Greek debt its lowest possible credit rating; in May 2010, the International Monetary Fund and Euro-Zone governments provided Greece emergency short- and medium-term loans worth $147 billion so that the country could make debt repayments to creditors. In exchange for the largest bailout ever assembled, the government announced combined spending cuts and tax increases totaling $40 billion over three years, on top of the tough austerity measures already taken. Greece, however, struggled to meet 2010 targets set by the EU and the IMF, especially after Eurostat - the EU's statistical office - revised upward Greece's deficit and debt numbers for 2009 and 2010. European leaders and the IMF agreed in October 2011 to provide Athens a second bailout package of $169 billion. The second deal however, calls for Greece's creditors to write down a significant portion of their Greek government bond holdings. In exchange for the second loan Greece has promised to introduce an additional $7.8 billion in austerity measures during 2013-15. However, these massive austerity cuts are lengthening Greece's economic recession and depressing tax revenues. Greece's lenders are calling on Athens to step up efforts to increase tax collection, privatize public enterprises, and rein in health spending, and are planning to give Greece more time to shore up its economy and finances. Many investors doubt that Greece can sustain fiscal efforts in the face of a bleak economic outlook, public discontent, and political instability. Turkey's largely free-market economy is increasingly driven by its industry and service sectors, although its traditional agriculture sector still accounts for about 25% of employment. An aggressive privatization program has reduced state involvement in basic industry, banking, transport, and communication, and an emerging cadre of middle-class entrepreneurs is adding dynamism to the economy and expanding production beyond the traditional textiles and clothing sectors. The automotive, construction, and electronics industries, are rising in importance and have surpassed textiles within Turkey's export mix. Oil began to flow through the Baku-Tbilisi-Ceyhan pipeline in May 2006, marking a major milestone that will bring up to 1 million barrels per day from the Caspian to market. Several gas pipelines projects also are moving forward to help transport Central Asian gas to Europe through Turkey, which over the long term will help address Turkey's dependence on imported oil and gas to meet 97% of its energy needs. After Turkey experienced a severe financial crisis in 2001, Ankara adopted financial and fiscal reforms as part of an IMF program. The reforms strengthened the country's economic fundamentals and ushered in an era of strong growth - averaging more than 6% annually until 2008. Global economic conditions and tighter fiscal policy caused GDP to contract in 2009, but Turkey's well-regulated financial markets and banking system helped the country weather the global financial crisis and GDP rebounded strongly to 9.2% in 2010, as exports returned to normal levels following the recession. Growth dropped to approximately 3% in 2012. Turkey's public sector debt to GDP ratio has fallen to about 40%, and at least one rating agency upgraded Turkey's debt to investment grade in 2012. Turkey remains dependent on often volatile, short-term investment to finance its large trade deficit. The stock value of FDI stood at $117 billion at year-end 2012. Inflows have slowed because of continuing economic turmoil in Europe, the source of much of Turkey's FDI. Turkey's relatively high current account deficit, uncertainty related to monetary policy-making, and political turmoil within Turkey's neighborhood leave the economy vulnerable to destabilizing shifts in investor confidence.
Exports $28.31 billion
Ranked 64th.
$163.30 billion
Ranked 30th. 6 times more than Greece

GDP $249.10 billion
Ranked 41st.
$789.26 billion
Ranked 18th. 3 times more than Greece

GDP > Per capita $30,598.83 per capita
Ranked 27th. 2 times more than Turkey
$12,998.66 per capita
Ranked 31st.

GDP > Per capita > PPP $24,300.00
Ranked 42nd. 64% more than Turkey
$14,800.00
Ranked 67th.

GDP > Purchasing power parity per capita $28,450.14
Ranked 30th. 2 times more than Turkey
$13,284.34
Ranked 66th.

GDP per capita $22,082.89
Ranked 31st. 2 times more than Turkey
$10,666.06
Ranked 58th.

Gross National Income $121.00 billion
Ranked 29th.
$167.00 billion
Ranked 22nd. 38% more than Greece
Inflation rate > Consumer prices 1.5%
Ranked 174th.
8.9%
Ranked 34th. 6 times more than Greece

Population below poverty line 20%
Ranked 10th. 18% more than Turkey
16.9%
Ranked 31st.

Public debt 156.9% of GDP
Ranked 3rd. 4 times more than Turkey
37.6% of GDP
Ranked 94th.

Unemployment rate 24.3%
Ranked 8th. 3 times more than Turkey
9.2%
Ranked 44th.

GDP > Composition, by sector of origin > Services 80.6%
Ranked 11th. 26% more than Turkey
63.8%
Ranked 79th.
Exports per capita $2,509.71
Ranked 70th. 14% more than Turkey
$2,206.84
Ranked 75th.

Distribution of family income > Gini index 33
Ranked 22nd.
40.2
Ranked 12th. 22% more than Greece

Human Development Index 0.912
Ranked 24th. 22% more than Turkey
0.75
Ranked 93th.
Tourist arrivals > Per capita 1,486.46 per 1,000 people
Ranked 27th. 4 times more than Turkey
347.66 per 1,000 people
Ranked 75th.

GDP > Purchasing power parity $273.90 billion
Ranked 45th.
$1.11 trillion
Ranked 16th. 4 times more than Greece

Currency > PPP conversion factor to official exchange rate ratio 0.87
Ranked 28th. 45% more than Turkey
0.6
Ranked 50th.

Fiscal year calendar year calendar year
GDP > Composition by sector > Industry 16%
Ranked 180th.
28.1%
Ranked 93th. 76% more than Greece

Currency > Official exchange rate > LCU per US$, period average $365.40
Ranked 39th. 203 times more than Turkey
$1.80
Ranked 134th.

Inequality > GINI index 34.27
Ranked 24th.
41.15
Ranked 16th. 20% more than Greece

Imports per capita $4,745.50
Ranked 62nd. 54% more than Turkey
$3,089.31
Ranked 77th.

Gross National Income per capita $11,050.27
Ranked 25th. 4 times more than Turkey
$2,605.29
Ranked 66th.
Tax > Highest marginal tax rate > Individual rate 40%
Ranked 22nd. 14% more than Turkey
35%
Ranked 37th.

GDP per capita in 1950 $1,951.00
Ranked 28th. 50% more than Turkey
$1,299.00
Ranked 33th.
Technology index 4.42
Ranked 37th. 10% more than Turkey
4.01
Ranked 51st.
Development > Human Development Index 0.86
Ranked 29th. 19% more than Turkey
0.722
Ranked 90th.

GDP > Per capita > PPP per thousand people $2.15
Ranked 74th. 11 times more than Turkey
$0.20
Ranked 133th.

Exports > Commodities food and beverages, manufactured goods, petroleum products, chemicals, textiles apparel, foodstuffs, textiles, metal manufactures, transport equipment
Poverty and inequality > Richest quintile to poorest quintile ratio 6.2
Ranked 7th. 35% more than Turkey
4.6
Ranked 27th.
Imports $53.53 billion
Ranked 50th.
$228.60 billion
Ranked 21st. 4 times more than Greece

Budget > Expenditures $136.80 billion
Ranked 27th.
$201.50 billion
Ranked 22nd. 47% more than Greece

GINI index 34.27
Ranked 25th.
43.64
Ranked 15th. 27% more than Greece

Reserves of foreign exchange and gold per capita $326.82
Ranked 94th.
$1,100.92
Ranked 52nd. 3 times more than Greece

Debt > Net foreign assets > Current LCU -40,051,071,173.84
Ranked 161st.
36.96 billion
Ranked 102nd.

Tourist arrivals 15.94 million
Ranked 16th.
24.99 million
Ranked 9th. 57% more than Greece

Budget > Revenues > Per capita $10,760.03 per capita
Ranked 24th. 5 times more than Turkey
$2,162.15 per capita
Ranked 23th.

Inbound tourism income > Current US$ $17.59 billion
Ranked 16th.
$25.02 billion
Ranked 10th. 42% more than Greece

Tax > Tax rates 39.57
Ranked 12th. 75% more than Turkey
22.55
Ranked 58th.

GDP per person 29,240.05
Ranked 27th. 4 times more than Turkey
8,214.89
Ranked 53th.

Exports > Main exports Textiles and clothing, food, oil products Clothing and textiles, fruit and vegetables, iron and steel, motor vehicles and machinery, fuels and oils
Budget > Revenues per capita $10,126.02
Ranked 23th. 5 times more than Turkey
$2,209.67
Ranked 54th.

Gross National Income > Per $ GDP $53.45 per $100
Ranked 1st. 63% more than Turkey
$32.83 per $100
Ranked 1st.
Debt > External $576.60 billion
Ranked 23th. 71% more than Turkey
$336.70 billion
Ranked 30th.

Gross domestic savings > Current US$ per capita 3,351.44$
Ranked 24th. 3 times more than Turkey
974.32$
Ranked 47th.

Central bank discount rate 1.5%
Ranked 40th.
5.25%
Ranked 21st. 4 times more than Greece

Debt > External > Per capita $34,699.23 per capita
Ranked 17th. 11 times more than Turkey
$3,181.62 per capita
Ranked 52nd.

GDP > Composition by sector > Services 80.1%
Ranked 12th. 27% more than Turkey
63%
Ranked 70th.

Tax > GDP > Constant LCU 168.51 billion
Ranked 110th. 43% more than Turkey
117.75 billion
Ranked 115th.

Tourism > International tourism, number of arrivals per capita 1.45
Ranked 33th. 3 times more than Turkey
0.466
Ranked 76th.

Consumer spending 75.3
Ranked 38th. 5% more than Turkey
71.54
Ranked 52nd.

Consumer price index 118.15%
Ranked 79th.
329.47%
Ranked 4th. 3 times more than Greece

GDP > Composition by sector > Agriculture 3.8%
Ranked 141st.
8.9%
Ranked 99th. 2 times more than Greece

GDP per capita > PPP > Current international $ 23,380.83 PPP $
Ranked 28th. 3 times more than Turkey
8,407.36 PPP $
Ranked 58th.

Industries tourism, food and tobacco processing, textiles, chemicals, metal products; mining, petroleum textiles, food processing, autos, electronics, mining (coal, chromate, copper, boron), steel, petroleum, construction, lumber, paper
GDP > Composition, by end use > Imports of goods and services -32%
Ranked 45th. 2% more than Turkey
-31.5%
Ranked 42nd.
GDP per capita in 1973 $7,779.00
Ranked 20th. 3 times more than Turkey
$2,739.00
Ranked 35th.
New businesses registered > Number > Per capita 0.499 per 1,000 people
Ranked 56th.
1.32 per 1,000 people
Ranked 28th. 3 times more than Greece

GDP per capita > Constant LCU 13892.52 2036777
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US $2.42 billion
Ranked 49th.
$7.85 billion
Ranked 27th. 3 times more than Greece

Labor force 4
Ranked 167th.
27
Ranked 89th. 7 times more than Greece

Trade > With US > US imports of bauxite and aluminum 66,226
Ranked 13th. 6 times more than Turkey
10,568
Ranked 33th.
GDP > Real growth rate -6.4%
Ranked 190th.
2.2%
Ranked 118th.

Debt > Government debt > Gross government debt, share of GDP 158.55 IMF
Ranked 2nd. 4 times more than Turkey
36.38 IMF
Ranked 108th.
Debt > Central government debt, total > Current LCU 222.17 billion
Ranked 36th.
596.05 billion
Ranked 24th. 3 times more than Greece

International tourism > Number of arrivals 14.28 million
Ranked 16th.
20.27 million
Ranked 11th. 42% more than Greece

Economic growth > Per capita -2.36
Ranked 87th.
-5.84
Ranked 141st. 2 times more than Greece

Foreign direct investment > Net > BoP > Current US$ per capita -73.699 BoP $
Ranked 115th.
128.83 BoP $
Ranked 45th.

GDP per capita > Constant 2000 US$ 12,799.44 constant 2000 US$
Ranked 30th. 4 times more than Turkey
3,416.69 constant 2000 US$
Ranked 61st.

GDP in 1970 $11.30
Ranked 19th.
$17.90
Ranked 15th. 58% more than Greece
Micro > Small and medium enterprises > Number > Per capita 69.94 per 1,000 people
Ranked 2nd. 22 times more than Turkey
3.12 per 1,000 people
Ranked 5th.
Economic freedom 55.4
Ranked 117th.
62.9
Ranked 69th. 14% more than Greece

GDP > Official exchange rate per capita $26,707.93
Ranked 29th. 3 times more than Turkey
$10,107.08
Ranked 60th.

Stock of direct foreign investment > At home $37.80 billion
Ranked 55th.
$181.70 billion
Ranked 29th. 5 times more than Greece

Current account balance $-8,392,000,000.00
Ranked 159th.
$-47,750,000,000.00
Ranked 173th. 6 times more than Greece

Agriculture > Products wheat, corn, barley, sugar beets, olives, tomatoes, wine, tobacco, potatoes; beef, dairy products tobacco, cotton, grain, olives, sugar beets, hazelnuts, pulses, citrus; livestock
Trade > Imports per capita $3,970.82
Ranked 50th. 72% more than Turkey
$2,305.32
Ranked 64th.

Currency euro Turkish lira ; old Turkish lira before 1 January 2005
Current account balance > BoP > Current US$ per capita -1,610.17 BoP $
Ranked 124th. 5 times more than Turkey
-341.806 BoP $
Ranked 99th.

GNI per capita $24,490.00
Ranked 30th. 2 times more than Turkey
$10,410.00
Ranked 48th.
GDP > Purchasing power parity > Per capita $30,598.83 per capita
Ranked 27th. 2 times more than Turkey
$12,998.66 per capita
Ranked 31st.

Companies > Listed domestic companies, total 267
Ranked 34th.
405
Ranked 22nd. 52% more than Greece

Trade > Exports per capita $1,869.56
Ranked 67th. 15% more than Turkey
$1,627.45
Ranked 69th.

Business > Companies > Corporate governance (overall rating) 4.25
Ranked 22nd. 17% more than Turkey
3.62
Ranked 33th.
Current account balance per capita 0.0
Ranked 108th.
0.0
Ranked 140th.

Tourism > International tourism, number of arrivals 16.43 million
Ranked 18th.
34.04 million
Ranked 7th. 2 times more than Greece

Gross national saving 10.2% of GDP
Ranked 124th.
20.2% of GDP
Ranked 72nd. 98% more than Greece

Tax > GDP > Constant LCU per capita 14,939.02
Ranked 123th. 9 times more than Turkey
1,591.33
Ranked 173th.

Retail > Gross value added by wholesale, retail trade, restaurants and hotels 44.33 billion
Ranked 34th.
115.87 billion
Ranked 16th. 3 times more than Greece

Companies > Market capitalization of listed companies > Current US$ per capita $3,952.43
Ranked 52nd.
$4,172.79
Ranked 51st. 6% more than Greece

Market capitalization of listed companies > Current US$ per capita 13,059.53$
Ranked 33th. 6 times more than Turkey
2,366.42$
Ranked 26th.

Household final > Consumption expenditure > Current US$ per capita 13,612.66$
Ranked 17th. 4 times more than Turkey
3,609.14$
Ranked 39th.

Budget > Expenditures per capita $12,637.63
Ranked 21st. 5 times more than Turkey
$2,628.31
Ranked 52nd.

Reserves > Total reserves > Includes gold, current US$ $7.26 billion
Ranked 77th.
$119.18 billion
Ranked 20th. 16 times more than Greece

Stock of broad money None None
Exchange rates euros (EUR) per US dollar -<br />0.78 (2012 est.)<br />0.72 (2011 est.)<br />0.76 (2010 est.)<br />0.72 (2009 est.)<br />0.68 (2008 est.) Turkish liras (TRY) per US dollar -<br />1.8 (2012 est.)<br />1.68 (2011 est.)<br />1.5 (2010 est.)<br />1.55 (2009)<br />1.32 (2008)
Debt > External per capita $33,191.09
Ranked 17th. 10 times more than Turkey
$3,257.72
Ranked 51st.

Size of economy > Share of world GDP 0.37%
Ranked 34th.
0.63%
Ranked 22nd. 70% more than Greece
Gross fixed capital formation > Current US$ > Per $ GDP 0.237$ per $1 of GDP
Ranked 48th. 21% more than Turkey
0.196$ per $1 of GDP
Ranked 94th.

Exports > Partners Turkey 10.9%, Italy 7.8%, Germany 6.5%, Bulgaria 5.8%, Cyprus 5.3% Germany 8.6%, Iraq 7.1%, Iran 6.5%, UK 5.7%, UAE 5.4%, Russia 4.4%, Italy 4.2%, France 4.1%
GDP > Official exchange rate $245.80 billion
Ranked 42nd.
$777.60 billion
Ranked 17th. 3 times more than Greece

GDP per capita > PPP > Constant 2000 international $ 20,800.91 PPP 2000 $
Ranked 28th. 3 times more than Turkey
7,479.66 PPP 2000 $
Ranked 58th.

Investment > Gross fixed 10.4% of GDP
Ranked 143th.
21.9% of GDP
Ranked 71st. 2 times more than Greece

Income receipts > BoP > Current US$ per capita 366.68 BoP $
Ranked 37th. 7 times more than Turkey
54.38 BoP $
Ranked 75th.

Bank liquid > Reserves to bank assets ratio 1.93
Ranked 145th.
9.83
Ranked 86th. 5 times more than Greece

Tax > Highest marginal tax rate > Corporate rate 25%
Ranked 67th. 25% more than Turkey
20%
Ranked 86th.

Stock of narrow money None None
GDP > Composition, by sector of origin > Industry 16%
Ranked 181st.
27.2%
Ranked 104th. 70% more than Greece
Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita $4,655.42
Ranked 37th. 2 times more than Turkey
$2,080.98
Ranked 54th.

Debt > Net domestic credit > Current LCU 262.54 billion
Ranked 91st.
1.02 trillion
Ranked 65th. 4 times more than Greece

Government spending 30.14 billion
Ranked 26th.
43.9 billion
Ranked 21st. 46% more than Greece

Foreign direct investment > Net inflows > BoP > Current US$ per capita 57.61 BoP $
Ranked 90th.
144.74 BoP $
Ranked 61st. 3 times more than Greece

GDP > Current LCU 181088400000 4.872023e+017
High-technology > Exports > Current US$ > Per capita $128,717.07 per 1,000 people
Ranked 42nd. 5 times more than Turkey
$25,128.04 per 1,000 people
Ranked 60th.

GDP > Composition, by sector of origin > Agriculture 3.4%
Ranked 146th.
9%
Ranked 99th. 3 times more than Greece
Savings > Gross domestic savings > Current US$ per capita $1,891.43
Ranked 55th. 17% more than Turkey
$1,617.60
Ranked 60th.

Net barter terms of trade 94.64%
Ranked 25th.
101.1%
Ranked 15th. 7% more than Greece

Tax > Tax payments > Number 8
Ranked 161st.
11
Ranked 144th. 38% more than Greece

Tax > Components of taxation > Personal income tax 14%
Ranked 27th.
17.6%
Ranked 24th. 26% more than Greece
Gross domestic savings 18.35 billion
Ranked 51st.
84.5 billion
Ranked 25th. 5 times more than Greece

Inflation 111.93
Ranked 129th.
141.04
Ranked 39th. 26% more than Greece

Investment > External financial assets per capita €24,041.66
Ranked 25th. 8 times more than Turkey
€3,073.32
Ranked 46th.

Outbound tourist spending 3.95 billion
Ranked 43th.
4.03 billion
Ranked 42nd. 2% more than Greece

Income > GNI, PPP > Current international $ per capita $25,456.38
Ranked 30th. 40% more than Turkey
$18,186.18
Ranked 46th.

Income > GNI per capita, PPP > Current international $ $25,460.00
Ranked 31st. 40% more than Turkey
$18,190.00
Ranked 46th.

Inequality > Gini coefficient > Level 0.321 Different summary measure
Ranked 10th.
0.43 Different summary measure
Ranked 2nd. 34% more than Greece
Tax > Total tax wedge > Single worker 36%
Ranked 17th.
43.2%
Ranked 10th. 20% more than Greece
Poverty > Poverty by individual and household characteristics > Poverty rate > Children 13.23%
Ranked 13th.
24.59%
Ranked 1st. 86% more than Greece
IKEA > First store opening year 2001 2005
GDP > By type of expenditure > Household consumption expenditure per capita 16,260.57
Ranked 34th. 2 times more than Turkey
7,481.78
Ranked 68th.

Reserves of foreign exchange and gold $7.25 billion
Ranked 79th.
$119.20 billion
Ranked 20th. 16 times more than Greece

Size of economy > GDP > GDP growth -6.38%
Ranked 177th.
2.24%
Ranked 109th.

GDP > Constant 2000 US$ 142.12 billion constant 2000 US$
Ranked 31st.
246.22 billion constant 2000 US$
Ranked 21st. 73% more than Greece

Tax > Highest marginal tax rate > Individual > On income exceeding > US$ $100,334.00
Ranked 15th. 4 times more than Turkey
$28,564.00
Ranked 47th.

Purchasing power parity conversion factor > LCU per international $ 0.7 804128.6
Micro > Small and medium enterprises > Number 771,000
Ranked 3rd. 4 times more than Turkey
210,134
Ranked 4th.
GDP > Composition, by end use > Household consumption 73.7%
Ranked 64th. 5% more than Turkey
70.2%
Ranked 72nd.
Poverty and inequality > Income inequality 1993-2011 34.27 latest available
Ranked 14th.
40.03 latest available
Ranked 4th. 17% more than Greece
Current transfers > Receipts > BoP > Current US$ 8.62 billion BoP $
Ranked 17th. 6 times more than Turkey
1.49 billion BoP $
Ranked 61st.

Innovation > Patent applications, residents per million 64.38
Ranked 37th. 21% more than Turkey
53.18
Ranked 39th.

Tax > Taxes on income, profits and capital gains > Current LCU 14.62 billion
Ranked 68th.
76.21 billion
Ranked 49th. 5 times more than Greece

Debt > Net current transfers from abroad > Current LCU -1,511,514,383
Ranked 104th.
13.1 billion
Ranked 58th.

Debt > Government debt > Net government debt, share of GDP 155.38 IMF
Ranked 1st. 6 times more than Turkey
27.8 IMF
Ranked 61st.
Saving rate 3.3
Ranked 104th.
12.87
Ranked 82nd. 4 times more than Greece

GDP > PPP > Constant 2000 international $ per capita 20,800.98 PPP 2000 $
Ranked 28th. 3 times more than Turkey
7,956.85 PPP 2000 $
Ranked 57th.

Consumption > Consumption by sector > Equals: Household final consumption expenditure 193.77 billion USD
Ranked 17th.
473.34 billion USD
Ranked 10th. 2 times more than Greece

Debt > Central government debt, total > Current LCU per capita 19,661.19
Ranked 32nd. 2 times more than Turkey
8,158.51
Ranked 46th.

Net income > BoP > Current US$ > Per capita -633,101.765 BoP $ per 1,000 people
Ranked 126th. 8 times more than Turkey
-78,581.836 BoP $ per 1,000 people
Ranked 75th.

GDP > CIA Factbook $213.60 billion
Ranked 36th.
$458.20 billion
Ranked 21st. 2 times more than Greece

Poverty and inequality > Poorest's share in national income or consumption 6.74%
Ranked 22nd. 22% more than Turkey
5.53%
Ranked 20th.

Investment > External financial assets €259 billion
Ranked 34th. 4% more than Turkey
€248 billion
Ranked 35th.

Debt > Net foreign assets > Current LCU per capita -3,550.574
Ranked 163th.
499.43
Ranked 145th.

Tax > GDP > Current LCU 193.75 billion
Ranked 117th.
1.42 trillion
Ranked 79th. 7 times more than Greece

Taxes > Total tax revenue > Total tax revenue 31.32%
Ranked 22nd. 32% more than Turkey
23.71%
Ranked 29th.
Tax > Average time to clear customs > Days 4.92 days
Ranked 7th. 10% more than Turkey
4.48 days
Ranked 10th.
GDP > PPP per capita $21,979.44
Ranked 25th. 3 times more than Turkey
$8,272.64
Ranked 60th.
Economic aid > Recipient $8.00 billion
Ranked 1st. 17 times more than Turkey
$464.00 million
Ranked 39th.

GDP in 1970 per million $1.29
Ranked 21st. 2 times more than Turkey
$0.51
Ranked 25th.
GNI 320.82 billion
Ranked 26th.
606.93 billion
Ranked 17th. 89% more than Greece

GDP > PPP $243.13 billion
Ranked 36th.
$552.99 billion
Ranked 17th. 2 times more than Greece
Development > Human Development Index > Inequality adjusted 0.76
Ranked 27th. 36% more than Turkey
0.56
Ranked 63th.
Market capitalization of listed companies > Current US$ 145.01 billion$
Ranked 30th.
162.4 billion$
Ranked 12th. 12% more than Greece

Companies > Listed domestic companies, total per million 23.67
Ranked 36th. 4 times more than Turkey
5.47
Ranked 70th.

Tax > GDP > Current US$ per capita $22,082.89
Ranked 32nd. 2 times more than Turkey
$10,666.06
Ranked 60th.

Trade > Exports to US $155.70 million
Ranked 74th.
$939.50 million
Ranked 41st. 6 times more than Greece
Industrial production growth rate -6.2%
Ranked 163th.
1.7%
Ranked 105th.

Purchasing power parity > GDP per capita > PPP > Current international $ $29,663.38
Ranked 26th. 2 times more than Turkey
$13,884.98
Ranked 52nd.

World trade > Exports 61.52 billion
Ranked 40th.
142.85 billion
Ranked 27th. 2 times more than Greece

Labor force > By occupation > Agriculture 12.4%
Ranked 113th.
25.5%
Ranked 83th. 2 times more than Greece

Tourist arrivals by region of origin > Europe 13.59 million
Ranked 9th.
17.66 million
Ranked 7th. 30% more than Greece

Bank capital to assets ratio 5%
Ranked 69th.
13.5%
Ranked 2nd. 3 times more than Greece

Labor force > By occupation > Services 65.1%
Ranked 10th. 35% more than Turkey
48.4%
Ranked 33th.

Companies > Stock market > Stocks traded, total value > Current US$ per capita $1,315.23
Ranked 40th.
$4,709.73
Ranked 29th. 4 times more than Greece

Industrial > Production growth rate 3.2%
Ranked 96th.
6%
Ranked 57th. 88% more than Greece

Tax > Taxes on income, profits and capital gains > Current LCU per capita 1,293.81
Ranked 76th. 24% more than Turkey
1,043.16
Ranked 81st.

Spending > Household final consumption expenditure per capita > Constant 2000 US$ $12,943.79
Ranked 25th. 2 times more than Turkey
$5,740.50
Ranked 39th.

Tax > GDP per capita > Constant LCU 14,939.02
Ranked 123th. 9 times more than Turkey
1,591.33
Ranked 173th.

Income > GDP per capita, PPP > Current international $ $25,331.36
Ranked 42nd. 38% more than Turkey
$18,348.47
Ranked 56th.

Business > Companies > Specific companies > IKEA > Debut 2,001
Ranked 17th.
2,005
Ranked 15th. About the same as Greece

Net domestic credit > Current LCU 200809000000 2.686153e+017
GDP > By type of expenditure > Household consumption expenditure 183.42 billion
Ranked 34th.
553.63 billion
Ranked 15th. 3 times more than Greece

Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita 3,929.64
Ranked 42nd. 3 times more than Turkey
1,565.94
Ranked 80th.

Household spending per capita 10,946.07
Ranked 20th. 3 times more than Turkey
3,486.52
Ranked 36th.

Commercial bank prime lending rate 7.33%
Ranked 118th.
19%
Ranked 20th. 3 times more than Greece

Companies > Market capitalization of listed companies > Current US$ $44.58 billion
Ranked 50th.
$308.77 billion
Ranked 28th. 7 times more than Greece

Current account balance > BoP > Current US$ -17,879,270,000 BoP $
Ranked 130th.
-23,155,000,000 BoP $
Ranked 131st. 30% more than Greece

Trade > Imports $44.90 billion
Ranked 49th.
$166.30 billion
Ranked 24th. 4 times more than Greece

Currency > Official exchange rate > LCU per US$ > Period average 0.8 1428453
Oil > Exports 181,600 bbl/day
Ranked 54th. 3 times more than Turkey
68,450 bbl/day
Ranked 72nd.

GDP > CIA Factbook per capita $19,376.76
Ranked 28th. 3 times more than Turkey
$6,948.92
Ranked 69th.

GDP > Composition, by end use > Exports of goods and services 27%
Ranked 138th. 3% more than Turkey
26.3%
Ranked 144th.
Purchasing power parity > GNI per capita > PPP > Current international $ $28,840.00
Ranked 23th. 2 times more than Turkey
$13,710.00
Ranked 46th.

Income > Health expenditure per capita, PPP > Constant 2005 international $ $2,918.03
Ranked 24th. 3 times more than Turkey
$1,160.52
Ranked 57th.

Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita 17,177.9 USD
Ranked 19th. 3 times more than Turkey
6,396.72 USD
Ranked 31st.

Spending > Household final consumption expenditure > Current US$ per capita $16,270.89
Ranked 25th. 2 times more than Turkey
$7,473.57
Ranked 41st.

Tax > GDP > Current LCU per capita 17,176.07
Ranked 143th.
19,146.92
Ranked 137th. 11% more than Greece

Debt > Strength of legal rights index > 0=weak to 10=strong per million 0.355
Ranked 116th. 7 times more than Turkey
0.0541
Ranked 170th.

Oil > Production 7,946 bbl/day
Ranked 89th.
55,110 bbl/day
Ranked 59th. 7 times more than Greece

Economy growth -1.96
Ranked 105th.
-4.69
Ranked 133th. 2 times more than Greece

Trade > Exports > Exports of goods and services 67.21 billion
Ranked 56th.
207.81 billion
Ranked 28th. 3 times more than Greece

Purchasing power parity > Gross domestic product per capita > PPP 26,482.28
Ranked 26th. 2 times more than Turkey
11,208.84
Ranked 57th.

Trade > Export value index 100%
Ranked 60th.
283.38%
Ranked 1st. 3 times more than Greece

Debt > Interest payments > Current LCU 14.91 billion
Ranked 53th.
46.67 billion
Ranked 33th. 3 times more than Greece

Innovation 18.4
Ranked 40th. 3% more than Turkey
17.8
Ranked 42nd.
Electricity > Consumption per capita 5,297.63 kWh
Ranked 35th. 2 times more than Turkey
2,288.12 kWh
Ranked 65th.
Market capitalization of listed companies > Current US$ > Per $ GDP 643.91$ per $1,000 of GDP
Ranked 40th. 44% more than Turkey
445.62$ per $1,000 of GDP
Ranked 46th.

GDP > CIA Factbook > Per capita $19,376.70 per capita
Ranked 28th. 3 times more than Turkey
$6,479.81 per capita
Ranked 75th.

Household spending 123.51 billion
Ranked 23th.
260.85 billion
Ranked 15th. 2 times more than Greece

Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita $13,579.86
Ranked 27th. 71% more than Turkey
$7,935.69
Ranked 41st.

GDP > Composition, by end use > Government consumption 17.8%
Ranked 70th. 20% more than Turkey
14.8%
Ranked 108th.
GDP > Per $ GDP $30,598.83 per $1 of GDP
Ranked 27th. 2 times more than Turkey
$12,998.66 per $1 of GDP
Ranked 31st.

Spending > Household final consumption expenditure, etc. > Current US$ $183.54 billion
Ranked 35th.
$553.02 billion
Ranked 17th. 3 times more than Greece

Entrepreneurship > Starting a Business > Index ranking 121
Ranked 35th. 3 times more than Turkey
46
Ranked 109th.
GDP > Constant 2000 US$ per capita 12,799.48 constant 2000 US$
Ranked 29th. 4 times more than Turkey
3,634.67 constant 2000 US$
Ranked 60th.

Gross domestic savings > Current US$ 37.21 billion$
Ranked 35th.
66 billion$
Ranked 21st. 77% more than Greece

GNI > Current US$ per capita 19,907.66$
Ranked 24th. 4 times more than Turkey
5,342.33$
Ranked 49th.

Gross Domestic Product > GDP > Size of GDP > GDP per capita $28,422.97 US dollars, current price
Ranked 21st. 2 times more than Turkey
$12,993.29 US dollars, current price
Ranked 30th.
Trade > Exports $21.14 billion
Ranked 65th.
$117.40 billion
Ranked 31st. 6 times more than Greece

Purchasing power parity > GDP > PPP > Current international $ $334.70 billion
Ranked 32nd.
$1.04 trillion
Ranked 15th. 3 times more than Greece

Public expenditure > Social expenditure > Public social expenditure 20.5%
Ranked 17th. 50% more than Turkey
13.7%
Ranked 28th.
Entrepreneurship > Hiring and Firing > Index ranking 148
Ranked 7th. 5% more than Turkey
141
Ranked 14th.
Income > GDP, PPP > Current international $ per capita $25,331.36
Ranked 41st. 38% more than Turkey
$18,348.47
Ranked 56th.

Total > Reserves in months of imports 0.35
Ranked 131st.
4.8
Ranked 37th. 14 times more than Greece

Imports > Commodities machinery, transport equipment, fuels, chemicals machinery, chemicals, semi-finished goods, fuels, transport equipment
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults 71.19
Ranked 28th. 12% more than Turkey
63.39
Ranked 37th.

Inflation > Consumer price index > 2005 = 100 122.93
Ranked 126th.
176.06
Ranked 44th. 43% more than Greece

Gross domestic savings > Current US$ > Per $ GDP 165.25$ per $1,000 of GDP
Ranked 75th.
182.08$ per $1,000 of GDP
Ranked 66th. 10% more than Greece

GDP > Constant LCU 154262500000 146780400000000
Poverty and inequality > Inequality adjusted income index 0.644
Ranked 28th. 21% more than Turkey
0.534
Ranked 47th.
Trade > Export growth 5.88
Ranked 66th.
-5.25
Ranked 41st.

Welfare > Revenue, excluding grants > Current LCU 85.45 billion
Ranked 65th.
295.79 billion
Ranked 50th. 3 times more than Greece

Labor force per thousand people 0.000371
Ranked 172nd. 11% more than Turkey
0.000335
Ranked 189th.

Business > Companies > Specific companies > Carrefour > First store 1,991
Ranked 13th.
1,993
Ranked 12th. About the same as Greece
Business efficiency 50.33
Ranked 41st.
51.29
Ranked 39th. 2% more than Greece
Trade > Imports > Imports of goods and services 79.73 billion
Ranked 46th.
248.41 billion
Ranked 21st. 3 times more than Greece

GDP > Median household income (PPP) $21,688.00
Ranked 35th. 99% more than Turkey
$10,925.00
Ranked 56th.
Debt > Government debt > Net government debt, share of GDP per million people 14.42 IMF
Ranked 21st. 42 times more than Turkey
0.345 IMF
Ranked 74th.
Household final > Consumption expenditure per capita > Constant 2000 US$ 8,816.31 constant 2000 US$
Ranked 17th. 4 times more than Turkey
2,340.34 constant 2000 US$
Ranked 43th.

Public institution index 4.74
Ranked 43th. 12% more than Turkey
4.22
Ranked 61st.
GNI > Atlas method > Current US$ per capita 19,842.98$
Ranked 24th. 4 times more than Turkey
5,048.29$
Ranked 48th.

Income > Household final consumption expenditure, PPP > Constant 2005 international $ $153.18 billion
Ranked 40th.
$587.22 billion
Ranked 17th. 4 times more than Greece

Income > GDP, PPP > Current international $ $285.74 billion
Ranked 46th.
$1.36 trillion
Ranked 16th. 5 times more than Greece

Income > GNI, PPP > Current international $ $287.15 billion
Ranked 44th.
$1.35 trillion
Ranked 16th. 5 times more than Greece

Currency > Monetary unit 1 euro = 100 cents Turkish lira
Budget > Expenditures > Per $ GDP $0.44 per $1 of GDP
Ranked 28th. 43% more than Turkey
$0.30 per $1 of GDP
Ranked 64th.

Taxes and other revenues 45.5% of GDP
Ranked 19th. 91% more than Turkey
23.8% of GDP
Ranked 119th.

Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U $59.15 billion
Ranked 44th.
$142.86 billion
Ranked 28th. 2 times more than Greece

Balance of payments > Current account > Balances > Current account balance > Current US$ $-35,912,575,298.42
Ranked 137th. 3 times more than Turkey
$-13,963,000,000.00
Ranked 132nd.

Balance of payments > Financial > Reserves -2,363,907,852.99
Ranked 113th. 3 times more than Turkey
-918,973,978.42
Ranked 97th.

Foreign direct investment > FDI > FDI flows and stocks > Inward FDI stocks $41,317.00 Million US dollars
Ranked 27th.
$88,309.00 Million US dollars
Ranked 19th. 2 times more than Greece
Oil > Proved reserves 10 million bbl
Ranked 86th.
270.4 million bbl
Ranked 55th. 27 times more than Greece

Companies > Ease of doing business index > 1=most business-friendly regulations 72
Ranked 117th. 4% more than Turkey
69
Ranked 120th.

Natural gas > Production 1,000,000 cu m
Ranked 40th.
674 million cu m
Ranked 32nd. 674 times more than Greece

GDP deflator 117.39
Ranked 134th.
331,926.1
Ranked 5th. 2828 times more than Greece

New businesses registered > Number 5,525
Ranked 50th.
93,634
Ranked 6th. 17 times more than Greece

Oil > Consumption 371,300 bbl/day
Ranked 34th.
646,300 bbl/day
Ranked 26th. 74% more than Greece

Tourism > International tourism, receipts > Current US$ $14.98 billion
Ranked 23th.
$28.06 billion
Ranked 12th. 87% more than Greece

Electricity > Consumption 59.53 billion kWh
Ranked 31st.
161 billion kWh
Ranked 16th. 3 times more than Greece
Spending > Final consumption expenditure > Constant 2000 US$ per capita $16,547.14
Ranked 26th. 2 times more than Turkey
$6,818.02
Ranked 38th.

Currency > GDP > Constant 2000 US$ per capita $18,578.10
Ranked 35th. 2 times more than Turkey
$8,492.61
Ranked 57th.

Tax > GDP > Current US$ $249.10 billion
Ranked 40th.
$789.26 billion
Ranked 18th. 3 times more than Greece

Portfolio investment > Excluding LCFAR > BoP > Current US$ -55,501,660,000 BoP $
Ranked 106th. 3 times more than Turkey
-15,903,000,000 BoP $
Ranked 92nd.

Net capital account > BoP > Current US$ 2.67 billion BoP $
Ranked 7th. 116 times more than Turkey
23 million BoP $
Ranked 18th.
Net trade in goods and services > BoP > Current US$ -14,836,010,000 BoP $
Ranked 131st.
-18,960,000,000 BoP $
Ranked 133th. 28% more than Greece

Budget > Expenditures > Per capita $11,591.32 per capita
Ranked 23th. 5 times more than Turkey
$2,571.79 per capita
Ranked 22nd.

GDP > Composition, by end use > Investment in inventories 1%
Ranked 58th.
-0.1%
Ranked 145th.
Economic growth > Evolution of GDP > Real GDP growth 4.04%
Ranked 10th.
4.45%
Ranked 8th. 10% more than Greece
Tourist arrivals by region of origin > Africa 22,961
Ranked 61st.
154,489
Ranked 22nd. 7 times more than Greece

Trade > Exports > By good > Chocolate cocoa preparations 16,610
Ranked 38th.
129,795
Ranked 15th. 8 times more than Greece
Taxes > Taxes on the average worker > Taxes on the average worker 42.28%
Ranked 13th.
42.67%
Ranked 12th. 1% more than Greece
Steel > Production 2.1 million tonnes
Ranked 40th.
25.3 million tonnes
Ranked 11th. 12 times more than Greece

Purchasing power parity > GNI > PPP > Current international $ $325.46 billion
Ranked 31st.
$1.03 trillion
Ranked 15th. 3 times more than Greece

Debt > External > Per $ GDP $330.88 per $1,000 of GDP
Ranked 75th.
$515.01 per $1,000 of GDP
Ranked 47th. 56% more than Greece

Government > Revenue > Tax > Maximum tax rate for individuals 22%
Ranked 4th. 47% more than Turkey
15%
Ranked 4th.
Trade > Exports > By good > Passenger cars etc 37,297
Ranked 43th.
2.2 million
Ranked 18th. 59 times more than Greece
GNI > PPP > Current international $ 254.84 billion PPP $
Ranked 36th.
604.63 billion PPP $
Ranked 17th. 2 times more than Greece

Trade > With US > US imports of bauxite and aluminum per 1000 5.99
Ranked 11th. 38 times more than Turkey
0.158
Ranked 56th.
High-technology > Exports > Current US$ $1.38 billion
Ranked 44th.
$1.81 billion
Ranked 40th. 31% more than Greece

Stock of direct foreign investment > Abroad $43.46 billion
Ranked 37th. 40% more than Turkey
$30.94 billion
Ranked 41st.

Oil > Exports per thousand people 16.1 bbl/day
Ranked 37th. 17 times more than Turkey
0.961 bbl/day
Ranked 94th.

Overall productivity > PPP $48,645.50
Ranked 24th. 2 times more than Turkey
$20,737.10
Ranked 38th.
Final > Consumption expenditure > Etc. > Current US$ 187.99 billion$
Ranked 21st.
296.5 billion$
Ranked 13th. 58% more than Greece

Deposit interest rate 2.23%
Ranked 123th.
20.4%
Ranked 2nd. 9 times more than Greece

GDP > Constant 2000 US$ > Per capita 12,799.44 constant 2000 US$ per c
Ranked 30th. 4 times more than Turkey
3,416.69 constant 2000 US$ per c
Ranked 61st.

National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $14,843.68
Ranked 26th. 3 times more than Turkey
$4,778.28
Ranked 55th.

Income > GDP per capita, PPP > Constant 2005 international $ $20,921.93
Ranked 44th. 52% more than Turkey
$13,737.22
Ranked 61st.

Scientific and technical journals > Articles published 4,980.4
Ranked 24th.
8,637.7
Ranked 18th. 73% more than Greece

Foreign direct investment > Net > BoP > Current US$ > Per capita -73,698.739 BoP $ per 1,000 people
Ranked 117th.
121,099.01 BoP $ per 1,000 people
Ranked 47th.

Net income > BoP > Current US$ -7,029,962,000 BoP $
Ranked 125th. 24% more than Turkey
-5,663,000,000 BoP $
Ranked 118th.

Goods imports > BoP > Current US$ 51.88 billion BoP $
Ranked 35th.
109.88 billion BoP $
Ranked 21st. 2 times more than Greece

GDP per unit of energy use 7.41 PPP 2000 $/kg of oil eq.
Ranked 20th. 20% more than Turkey
6.19 PPP 2000 $/kg of oil eq.
Ranked 34th.

Oil > Consumption per thousand people 32.84 bbl/day
Ranked 49th. 4 times more than Turkey
8.96 bbl/day
Ranked 123th.

Budget > Revenues > Per $ GDP $0.41 per $1 of GDP
Ranked 38th. 36% more than Turkey
$0.30 per $1 of GDP
Ranked 67th.

Economic aid > Recipient per capita $732.77
Ranked 1st. 107 times more than Turkey
$6.85
Ranked 107th.

Natural gas > Production per capita 0.0884 cu m
Ranked 40th.
9.34 cu m
Ranked 37th. 106 times more than Greece

International tourism > Expenditures for travel items > Current US$ $3.93 billion
Ranked 38th. 12% more than Turkey
$3.51 billion
Ranked 42nd.

Researchers in RandD > Per million people 1,412.81 per million people
Ranked 19th. 4 times more than Turkey
341.43 per million people
Ranked 39th.

Innovation > Research and development personnel > By sector > Business enterprise sector per thousand people 0.615
Ranked 30th. 49% more than Turkey
0.413
Ranked 26th.

Government spending > Subsidies and other transfers > Current LCU 57.65 billion
Ranked 61st.
129.85 billion
Ranked 48th. 2 times more than Greece

Government spending > Subsidies and other transfers > Current LCU per capita 5,102.13
Ranked 60th. 3 times more than Turkey
1,777.31
Ranked 82nd.

Tax > Taxes on international trade > Current LCU 2 million
Ranked 82nd.
4.82 billion
Ranked 46th. 2410 times more than Greece

Currency > DEC alternative conversion factor > LCU per US$ 0.8 1344000
Labor force > By occupation > Industry 22.4%
Ranked 58th.
26.2%
Ranked 35th. 17% more than Greece

Stocks traded > Total value > Current US$ 65.26 billion$
Ranked 31st.
227.62 billion$
Ranked 8th. 3 times more than Greece

GDP > Composition, by end use > Investment in fixed capital 12.6%
Ranked 179th.
20.3%
Ranked 113th. 61% more than Greece
Trade > Exports > Goods and services 20%
Ranked 125th.
24%
Ranked 119th. 20% more than Greece
Royalty and license fees > Payments > BoP > Current US$ 441.72 million BoP $
Ranked 31st. 1% more than Turkey
439 million BoP $
Ranked 32nd.

Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP 0.296 BoP $ per $1 of GDP
Ranked 110th.
0.336 BoP $ per $1 of GDP
Ranked 95th. 14% more than Greece

Foreign direct investment > Net > BoP > Current US$ -818,350,800 BoP $
Ranked 120th.
8.73 billion BoP $
Ranked 8th.

Stock of direct foreign investment > At home per capita $3,351.01
Ranked 49th. 36% more than Turkey
$2,455.50
Ranked 60th.

Spending > Final consumption expenditure > Constant 2000 US$ $186.65 billion
Ranked 28th.
$504.51 billion
Ranked 17th. 3 times more than Greece

Spending > Household final consumption expenditure > Constant 2000 US$ per capita $12,943.79
Ranked 25th. 2 times more than Turkey
$5,740.50
Ranked 39th.

Reserves > Total reserves minus gold > Current US$ $1.27 billion
Ranked 121st.
$99.94 billion
Ranked 19th. 79 times more than Greece

Savings > Gross domestic savings > Current US$ $21.34 billion
Ranked 56th.
$119.70 billion
Ranked 24th. 6 times more than Greece

Balance of payments > Current account > Balances > Net trade in goods > US$ $-42,835,886,292.73
Ranked 137th. 72% more than Turkey
$-24,896,000,000.00
Ranked 136th.

Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country 130.64
Ranked 125th.
980.65
Ranked 14th. 8 times more than Greece

World Bank exchange rate 0.72
Ranked 156th.
1.55
Ranked 130th. 2 times more than Greece

Trade > Exports > Goods 64.2 billion
Ranked 34th.
134.54 billion
Ranked 20th. 2 times more than Greece

Electricity > Production 51.5 billion kWh
Ranked 37th.
185.2 billion kWh
Ranked 19th. 4 times more than Greece

Electricity > Imports per capita 387.14 kWh
Ranked 24th. 37 times more than Turkey
10.35 kWh
Ranked 57th.

Gender income ratio 0.44%
Ranked 46th.
0.46%
Ranked 41st. 5% more than Greece
GDP growth > Duration 1980-2000 34%
Ranked 44th.
52%
Ranked 29th. 53% more than Greece
Gross national expenditure > Current US$ > Per $ GDP 1.07$ per $1 of GDP
Ranked 65th. 1% more than Turkey
1.07$ per $1 of GDP
Ranked 69th.

Household final > Consumption expenditure > Constant 2000 US$ per capita 8,816.33 constant 2000 US$
Ranked 17th. 4 times more than Turkey
2,489.66 constant 2000 US$
Ranked 43th.

Gross fixed capital formation > Current US$ per capita 4,805.63$
Ranked 20th. 5 times more than Turkey
1,046.79$
Ranked 45th.

Patent applications > Residents 803
Ranked 24th.
2,221
Ranked 15th. 3 times more than Greece

GNI > Atlas method > Current US$ > Per capita 19,842.91$ per capita
Ranked 24th. 4 times more than Turkey
4,745.53$ per capita
Ranked 52nd.

Income > GNI per capita, PPP > Constant 2005 international $ $21,023.71
Ranked 27th. 54% more than Turkey
$13,625.79
Ranked 36th.

Income > GDP, PPP > Constant 2005 international $ per capita $20,921.93
Ranked 43th. 52% more than Turkey
$13,737.22
Ranked 61st.

Income > GNI, PPP > Constant 2005 international $ $237.15 billion
Ranked 43th.
$1.01 trillion
Ranked 17th. 4 times more than Greece

Oil > Production per thousand people 0.703 bbl/day
Ranked 87th.
0.764 bbl/day
Ranked 85th. 9% more than Greece

Gross savings > Current US$ per capita 2,960.69$
Ranked 18th. 3 times more than Turkey
987.19$
Ranked 39th.

Innovation > Patent applications, nonresidents per million 1.41
Ranked 90th.
3.12
Ranked 78th. 2 times more than Greece

Innovation > Patent applications, residents 728
Ranked 39th.
3,885
Ranked 13th. 5 times more than Greece

Trade > Exports > Export growth in USD 100
Ranked 91st.
367.7
Ranked 22nd. 4 times more than Greece

Trade > Imports > By good > Silver platinum etc 3,886
Ranked 36th.
34,970
Ranked 22nd. 9 times more than Greece
Innovation > Scientific and technical journal articles 4,881
Ranked 26th.
8,300.9
Ranked 19th. 70% more than Greece

GDP > PPP > Current international $ per capita 23,380.9 PPP $
Ranked 28th. 3 times more than Turkey
8,943.74 PPP $
Ranked 57th.

Welfare > Revenue, excluding grants > Current LCU per capita 7,561.96
Ranked 71st. 87% more than Turkey
4,048.7
Ranked 86th.

Micro > Small and medium enterprises > Number per 1000 69.94
Ranked 2nd. 21 times more than Turkey
3.33
Ranked 5th.
Tax > Customs and other import duties > Current LCU 1,000,000
Ranked 65th.
2.9 billion
Ranked 38th. 2898 times more than Greece

Tax > Taxes on income > Profits and capital gains > Current LCU 17.56 billion
Ranked 55th.
56.79 billion
Ranked 44th. 3 times more than Greece

Tax > Components of taxation > Social security > Employees contribution 12.7%
Ranked 8th. 87% more than Turkey
6.8%
Ranked 18th.
Oil > Imports per thousand people 44.01 bbl/day
Ranked 26th. 5 times more than Turkey
8.16 bbl/day
Ranked 89th.

Imports > Partners Russia 12.1%, Germany 9.5%, Italy 8.3%, Saudi Arabia 5.5%, Netherlands 4.7%, China 4.5%, France 4.4% Russia 11.3%, Germany 9%, China 9%, US 6%, Italy 5.6%, Iran 5.1%
Oil > Imports 496,600 bbl/day
Ranked 24th.
581,000 bbl/day
Ranked 20th. 17% more than Greece

Electricity > Production per capita 4,564.49 kWh
Ranked 36th. 76% more than Turkey
2,599.62 kWh
Ranked 50th.

Market value of publicly traded shares $33.65 billion
Ranked 53th.
$201.80 billion
Ranked 29th. 6 times more than Greece

Gross Domestic Product > GDP > Size of GDP > Gross domestic product per million $28.20 Billion US dollars, curre
Ranked 21st. 2 times more than Turkey
$13.48 Billion US dollars, curre
Ranked 29th.
GDP growth > Duration 1975-2000 0.9%
Ranked 72nd.
2.1%
Ranked 41st. 2 times more than Greece
Trade > Imports > By good > Passenger cars etc 2.46 million
Ranked 19th. 11% more than Turkey
2.22 million
Ranked 20th.
Trade balance with US $174.50 million
Ranked 10th.
$-175,600,000.00
Ranked 176th.
Household final > Consumption expenditure > Current US$ 151.15 billion$
Ranked 20th.
244.49 billion$
Ranked 13th. 62% more than Greece

Merchandise > Exports > Current US$ 17.04 billion$
Ranked 62nd.
73.41 billion$
Ranked 33th. 4 times more than Greece

Household final > Consumption expenditure > Current US$ > Per capita 13,612.62$ per capita
Ranked 16th. 4 times more than Turkey
3,392.69$ per capita
Ranked 43th.

Trade > Exports > Goods and services > Constant 2000 US$ 30.41 billion constant 2000 US$
Ranked 36th.
81 billion constant 2000 US$
Ranked 22nd. 3 times more than Greece

Services > Etc. > Value added > Constant 2000 US$ 89.57 billion constant 2000 US$
Ranked 23th.
126.42 billion constant 2000 US$
Ranked 17th. 41% more than Greece

Gross fixed capital formation > Current US$ 53.36 billion$
Ranked 21st.
70.91 billion$
Ranked 14th. 33% more than Greece

Research and development spending 0.5%
Ranked 45th. The same as Turkey
0.5%
Ranked 43th.
Tax > Time to prepare and pay taxes > Hours 224
Ranked 89th. About the same as Turkey
223
Ranked 91st.

Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$ $-787,757,126.53
Ranked 106th.
$4.76 billion
Ranked 9th.

Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo $66.69 billion
Ranked 42nd.
$148.96 billion
Ranked 29th. 2 times more than Greece

Foreign direct investment > Net > BoP > Current US$ > Per $ GDP -3.634 BoP $ per $1,000 of GDP
Ranked 110th.
24.07 BoP $ per $1,000 of GDP
Ranked 60th.

Net income > BoP > Current US$ per million -633,103,760.684 BoP $
Ranked 126th. 8 times more than Turkey
-83,595,288.857 BoP $
Ranked 76th.

Commercial service imports > Current US$ 14.29 billion$
Ranked 31st. 34% more than Turkey
10.7 billion$
Ranked 37th.

Commercial service imports > Current US$ > Per capita 1,287.14$ per capita
Ranked 39th. 9 times more than Turkey
148.44$ per capita
Ranked 92nd.

Royalty and license fees > Payments > BoP > Current US$ per capita 39.78 BoP $
Ranked 31st. 6 times more than Turkey
6.48 BoP $
Ranked 58th.

Trade > Imports of goods > Services and income > BoP > Current US$ per capita 6,999.96 BoP $
Ranked 40th. 4 times more than Turkey
1,935.45 BoP $
Ranked 74th.

Government > Revenue > Tax > Corporate tax 26%
Ranked 5th. 30% more than Turkey
20%
Ranked 12th.

Natural gas > Proved reserves per capita 87.71 cu m
Ranked 93th. 4% more than Turkey
84.49 cu m
Ranked 94th.

Natural gas > Consumption 3.82 billion cu m
Ranked 42nd.
38.12 billion cu m
Ranked 18th. 10 times more than Greece

Natural gas > Proved reserves 991.1 million cu m
Ranked 95th.
6.17 billion cu m
Ranked 83th. 6 times more than Greece

External debt > Date of information 30 June 2006 est. 30 June 2006 est.
Micro > Small and medium enterprises > Per 1,000 people 69.94 per 1,000 people
Ranked 2nd. 22 times more than Turkey
3.12 per 1,000 people
Ranked 5th.
Tourism > International tourism, receipts for travel items > Current US$ per capita $1,309.83
Ranked 25th. 4 times more than Turkey
$315.09
Ranked 70th.

Tourism > International tourism, expenditures > Current US$ $3.20 billion
Ranked 47th.
$5.47 billion
Ranked 38th. 71% more than Greece

Companies > Ease of doing business index > 1=most business-friendly regulations per million 7.89
Ranked 105th. 8 times more than Turkey
0.973
Ranked 161st.
Gross Domestic Product > GDP > Size of GDP > Gross domestic product $318.13 Billion US dollars, curre
Ranked 17th.
$960.26 Billion US dollars, curre
Ranked 11th. 3 times more than Greece
Public expenditure > Health expenditure > Total expenditure on health 9.1%
Ranked 14th. 60% more than Turkey
5.7%
Ranked 30th.
Economic growth > Inflation > GDP deflator 2.87%
Ranked 15th.
8.11%
Ranked 1st. 3 times more than Greece
International tourism > Receipts for travel items > Current US$ $17.42 billion
Ranked 13th.
$21.95 billion
Ranked 10th. 26% more than Greece

Tourism receipts > International > Per $ GDP $60.82 per $1,000 of GDP
Ranked 46th. 22% more than Turkey
$49.95 per $1,000 of GDP
Ranked 57th.

Trade > Tariffs > Binding coverage > All products 99.98%
Ranked 11th. 97% more than Turkey
50.63%
Ranked 72nd.

GDP > PPP > Constant 2000 international $ > Per capita 20,800.91 PPP 2000 $ per capita
Ranked 28th. 3 times more than Turkey
7,479.66 PPP 2000 $ per capita
Ranked 58th.

GDP > PPP > Current international $ > Per capita 23,380.83 PPP $ per capita
Ranked 28th. 3 times more than Turkey
8,407.36 PPP $ per capita
Ranked 58th.

Trade > Exports > Per $ GDP $0.08 per $1 of GDP
Ranked 150th.
$0.23 per $1 of GDP
Ranked 102nd. 3 times more than Greece

Tax > Tax payments > Number per million 0.709
Ranked 141st. 5 times more than Turkey
0.149
Ranked 175th.

Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $ $0.79
Ranked 138th.
$1.18
Ranked 120th. 49% more than Greece

Trade > Exports > Export growth 100
Ranked 92nd.
244.17
Ranked 15th. 2 times more than Greece

Purchasing power parity > GDP > PPP > Constant 2005 international $ $298.81 billion
Ranked 31st.
$838.60 billion
Ranked 16th. 3 times more than Greece

Tourism expenditures > International $2.88 billion
Ranked 35th. 36% more than Turkey
$2.11 billion
Ranked 24th.

Trade > Exports > By good > Perfume toilet cosmetics 173,748
Ranked 21st. 33% more than Turkey
130,191
Ranked 24th.

Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add www.nationmaster.com to your ad blocking whitelist or disable your adblocking software.

×