Middle East > Turkey

Turkey

Capital: Ankara ; Largest city: Istanbul ; GDP growth (annual %) 2016 : 2.9%
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Key Facts

Full name: Republic of Turkey
Population: 73.6million (UN, 2011)
Largest city: Istanbul
Area: 779,452 sq km (300,948 sq miles)
Major language: Turkish
Major religion: Islam
Life expectancy: 72 years (men), 77 years (women) (UN)
Monetary unit: Turkish lira
Main exports: Clothing and textiles, fruit and vegetables, iron and steel, motor vehicles and machinery, fuels and oils
GNI per capita: US $9,890 (World Bank, 2010)
Internet domain: .tr
International dialling code: +90

  • Climate change laws around the world

    2017/05/14

    There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

    The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

  • Turkey’s Economy Survives and Thrives, Even in the Face of a Perfect Storm

    2016/12/10

    Despite strife in neighbouring nations, domestic political turmoil, and an uncertain world recovery, Turkey’s economy remains resolute.

    All the positive actions taken at G20 level under the Turkish Presidency cannot hide the fact that 2015 has been a turbulent year for the world economy, as markets have grappled with the twin spectres of a Chinese economic slowdown and an expected hike in U.S. interest rates. In September, the Organisation for Economic Cooperation and Improvment(OECD) cut its world increase forecasts from 3.1% to 3% in 2015, and from 3.8% to 3.6% in 2016.

  • Turkey’s economy remains resolute.

    2016/05/06

    Despite strife in neighbouring nations, domestic political turmoil, and an uncertain world recovery, Turkey’s economy remains resolute.

    All the positive actions taken at G20 level under the Turkish Presidency cannot hide the fact that 2015 has been a turbulent year for the world economy, as markets have grappled with the twin spectres of a Chinese economic slowdown and an expected hike in U.S. interest rates. In September, the Organisation for Economic Cooperation and Improvment(OECD) cut its world increase forecasts from 3.1% to 3% in 2015, and from 3.8% to 3.6% in 2016.

  • Restructured DEIK leads Turkish private sector towards 2023 goals

    2015/04/26

    Ömer Cihad Vardan was appointed President of DEIK, Turkey’s Foreign Economic Relations Board, in September 2014 following the enactment of new legislation intended to create additional harmony between the private sector and the government. He tells The Worldfolio that DEIK and Turkey remain firmly committed to the Vision 2023 targets, and argues that the EU would have recovered much additional quickly from the financial crisis if Turkey had been a member.

  • Turkey Year in Review 2014

    2015/03/30

    For a regular star-performer part emerging markets, the Turkish economy had a modest year in 2014, with the rate of increase easing and the lira tumbling, though exporters managed to post record earnings despite weaker request from some key markets.

  • Turkey’s Deputy Prime Minister Beşir Atalay

    2013/05/18

    Turkey has become increasingly popular as a second home location for British people. One major reason for this is the fact that its real estate has remained inexpensive despite the fact prices have dramatically risen in other parts of Europe.

    In 2010, the number of second homebuyers rose in Turkey from 20,000 to 30,000, boosted by the large international real estate companies that have recently entered the market and which have created a mortgage system that has as well contributed to expanding Turkey’s economy. Owing to this increase, the construction and real estate sectors are additionally rising in importance.

  • Ibrahim Kaygisiz, Chairman of Sura Hotels

    2015/12/02

    Turkey’s visitor numbers may be down on last year, but Chairman of Turkey’s Sura Hotels Ibrahim Kaygisiz explains why its resilient tourism sector will withstand external pressures and where there is room for expansion in the industry.

    Turkey has developed into the one of the six most popular destinations into the world. Last year was a record. What factors make Turkey a popular destination?

  • Country Report Turkey

    2013/08/10

    The country (Turkey) is situated in Southeastern Europe and Southwestern Asia, bordering the Black Sea, between Bulgaria and Georgia, and bordering the Aegean Sea and the Mediterranean Sea, between Greece and Syria.

    It has borders with Armenia for 268km, Azerbaijan for 9km, Bulgaria for 240km, Georgia for 252km, Greece for 206km, Iraq for 352km, Iran for 499km and Syria for 822km.
    Land in Turkey is high central plateau (Anatolia), narrow coastal plain; several mountain ranges.
    Turkish land covers an area of 780580 km².