Summary
Five major provinces in Turkey generate around 53.1% of the country’s GDP and comprise 36.3% of the country’s population
Synopsis
Mining, manufacturing and utilities activity contributed 23.3% to the gross value added (GVA) in 2017, followed by financial intermediation, real estate, and business activity (17.9%), and wholesale, retail, and hotels (16.3%). In nominal terms, the three sectors grew by 25.%, 15.4%, and 22.4%, respectively, in 2017.
Scope
- According to the World Bank's logistics performance index (LPI), Turkey’s transport and logistic infrastructure rank declined from 34th in 2016 to 47th in 2018 out of 160 countries.
- The Turkish government is expected to invest US$23 bn to upgrade its infrastructure in order to attain its 2023 goal
- The Netherlands accounted for the largest share of FDI stock in 2017
Reasons to buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
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Table of Contents
Table of Contents 2
List of Exhibits 3
Did you Know? 4
Country Highlights 5
Country Snapshot 7
PESTLE Insights 21
Political Landscape 22
Economic Landscape 23
Social Landscape 30
Technological Landscape 33
Legal Landscape 36
Environmental Landscape 37
Outlook 38
List of Figures
Exhibit 1: Turkey’s Performance in Country Risk Analysis in Comparison to East Europe, and the World Average 11
Exhibit 2: Performance Overview (Score: 1-100) 11
Exhibit 3: Broad Categories and Weights behind the Index 12
Exhibit 4: Istanbul Stock Market Index – XU100 14
Exhibit 5: Key Sectors Contribution to the Economy 15
Exhibit 6: FDI by sector (2013-2017) and share of FDI by sectors (2017) 16
Exhibit 7: FDI inflow by country (2013-2017) and share of FDI by country (2017) 17
Exhibit 8: Key Infrastructure Indicators 20
Exhibit 9: Real GDP and Household Consumption Growth Rate 24
Exhibit 10: Real GDP Growth Rate Comparison (2017) 24
Exhibit 11: Export, Import and Trade Balance 25
Exhibit 12: Current Account Balance 25
Exhibit 13: Top Three Commodity Exports, % of Total Exports, 2014-2017 26
Exhibit 14: Vehicles other than railway or tramway rolling stock, % of world exports, 2017 26
Exhibit 15: Interest Rates 28
Exhibit 16: Exchange Rate and Inflation Rate 28
Exhibit 17: Daily Exchange Rate 29
Exhibit 18: Public Finance 30
Exhibit 19: General Government Debt 30
Exhibit 20: Employment/Unemployment 32
Exhibit 21: Average Annual Wages 32
Exhibit 22: Labour Cost Index 32
Exhibit 23: Rural/Urban Share in Total Population 33
Exhibit 24: Age-group Share of Total Population 33
Exhibit 25: Gender Split 33
Exhibit 26: Internet Users % of Total Population, Mobile Penetration Rate and Broadband Penetration Rate, 2016 35
Exhibit 27: Number of Patents Granted Per M Inhabitants, 2015 36
Exhibit 28: High-technology exports (% of manufactured exports) 36
Exhibit 29: Doing Business in Turkey 2018 37
Exhibit 30: Corruption Perception Index (rankings) 2017 37
Exhibit 31: CO2 Emissions 38
