| 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. |
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