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Mr Istanbul
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Taste the local fruit wine in Sirince

Did You Know?
Seven Churches of the Apocalypse are all in Turkey, in western part of Anatolia: Ephesus, Philadelphia, Smyrna, Laodicea, Thyatira, Pergamon, Sardis. Don’t expect to see impressive church buildings as Seven Churches of the Apocalypse were meant for seven important and significant Christian communities living in those places.

Turkey

Economy of Turkey

Economy of Turkey
Currency Turkish lira (TRY)
Fiscal year calendar year
Trade organisations G-20 major economies, OECD, EU Customs Union, WTO, ECO, BSEC
Statistics
GDP $1.232 Trillion (2011)
GDP growth Increase +8.49 % (2011)
GDP per capita $10,498 (Nominal) (2011)
$16,885 (PPP) (2011)
GDP by sector agriculture: 9.4%; industry: 25.9%; services: 64.7% (2009 est.)
Inflation (CPI) %9.07 (July 2012)
Gini coefficient 39 (2008)
Labour force 25.3 million (2009 est.) note: about 1.2 million Turks work abroad
Labour force
by occupation
agriculture: 29.5%, industry: 24.7%, services: 45.8% (2005)
Unemployment 8.8% (December 2011)
Main industries textiles, food processing, autos, electronics, tourism, mining (coal, chromate, copper, boron), steel, petroleum, construction, lumber, paper
Ease of Doing Business Rank 71st
External
Exports $143.93 billion (2010)
Export goods apparel, foodstuffs, textiles, metal manufactures, transport equipment
Main export partners Germany 9.6%, France 6.1%, U.K. 5.8%, Italy 5.8%, Iraq 5% (2009 est.)
Imports $235.49 billion (2010)
Import goods machinery, chemicals, semi-finished goods, fuels, transport equipment
Main import partners Russia 14%, Germany 10%, China 9%, U.S. 6.1%, Italy 5.4%, France 5% (2009 est.)
FDI stock $205 billion (31 December 2009 est.)
Gross external debt $274 billion (31 December 2009 est.)
Public finances
Public debt 43% of GDP (Q1 2012)
Revenues $145.3 billion (2009)
Expenses $180.6 billion (2009)
Credit rating
  • Standard & Poor's:
    Rating: BB
    Outlook: Positive
  • Moody's:
    Rating: Ba1
    Outlook: Positive
  • Fitch:
    Rating: BB+
    Outlook: Positive
Foreign reserves US$92.170 billion (March 2011)
Main data source: CIA World Fact Book
All values, unless otherwise stated, are in US dollars

Agriculture

Turkey is the world's largest producer of hazelnut, cherry, fig, apricot, quince and pomegranate; the second largest producer of watermelon, cucumber and chickpea; the third largest producer of tomato, eggplant, green pepper, lentil and pistachio; the fourth largest producer of onion and olive; the fifth largest producer of sugar beet; the sixth largest producer of tobacco, tea and apple; the seventh largest producer of cotton and barley; the eighth largest producer of almond; the ninth largest producer of wheat, rye and grapefruit, and the tenth largest producer of lemon.

Flora of Turkey

Turkey is surrounded by four seas, each with its own ecological constitution and the relatively late development of industry and agriculture has resulted in an phenomenal wealth of plant and animal life within Turkey’s borders. Turkey is also situated on the main migratory routes for birds between Asia, Africa and Europe, thus increasing the number of species found here.

Turkey has almost as many species of wild flowers as the rest of Europe combined; of the over 9000 species so far identified more than one third are native to the country, many found nowhere else on earth. The significance of this number becomes evident if we compare it with Europe as a whole, containing about 24% more species (about 11500), distributed over a thirteen times larger area. Turkey is regarded as an important gene centre for many cultivated crops, whose wild ancestors can still be found growing in Anatolia. 

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