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Economy Turkey
Flag of Turkey Turkey
Population: 68,893,918 (July 2004 est.)
Capital: Ankara
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Tabular Data - The Turk Economy

GDP : purchasing power parity - $458.2 billion (2003 est.)
GDP - Real Growth Rate : 5.8% (2003 est.)
GDP - Per Capita : purchasing power parity - $6,700 (2003 est.)
GDP - Composition By Sector : agriculture: 11.7%
industry: 29.8%
services: 58.5% (2003 est.)
Population Below Poverty Line : 18% (2001)
Household Income or Consumption by Percentage : lowest 10%: 2.3%
highest 10%: 32.3% (1994)
Inflation Rate (Consumer Prices) : 25.3% (2003 est.)
Labor Force : 23.79 million
note: about 1.2 million Turks work abroad (2003)
Labor Force - By Occupation : agriculture 39.7%, industry 22.4%, services 37.9% (3rd quarter, 2001)
Budget : revenues: $66.79 billion
expenditures: $93.31 billion, including capital expenditures of NA (2003)
Industries : textiles, food processing, autos, mining (coal, chromite, copper, boron), steel, petroleum, construction, lumber, paper
Industrial Production Growth Rate : 8.5% (2003 est.)
Electricity - Production : 116.6 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 79.3%
hydro: 20.4%
nuclear: 0%
other: 0.3% (2001)
Electricity - Consumption : 112.6 billion kWh (2001)
Electricity - Exports : 433 million kWh (2001)
Electricity - Imports : 4.579 billion kWh (2001)
Agriculture - Products : tobacco, cotton, grain, olives, sugar beets, pulse, citrus; livestock
Exports : $49.12 billion f.o.b. (2003 est.)
Exports - Commodities : apparel, foodstuffs, textiles, metal manufactures, transport equipment
Exports - Partners : Germany 16.3%, UK 8.6%, US 8%, Italy 7.3%, France 5.7% (2003 est.)
Imports : $62.43 billion f.o.b. (2003 est.)
Imports - Commodities : machinery, chemicals, semi-finished goods, fuels, transport equipment
Imports - Partners : Germany 15.3%, Italy 8.3%, Russia 7.3%, France 6%, UK 4.7%, US 4.4%, Switzerland 4.1% (2003 est.)
Debt - External : $147.3 billion (2003)
Economic Aid - Recipient : ODA, $300 million (2000)
Currency : Turkish lira (TRL)
Currency Code : TRL
Exchange Rates : Turkish liras per US dollar - NA (2003), 1,507,230 (2002), 1,225,590 (2001), 625,218 (2000), 418,783 (1999), 151,865 (1997)
Fiscal Year : Calendar Year

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Data Source: Central Intelligence Agency 2004 World Factbook