Summary
This PESTLE country analysis report on Turkey provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.
Synopsis
- Understand the political system in Turkey through analysis of key figures in the country and governance indicators.
- Understand the economic situation in Turkey through a balanced assessment of core macroeconomic issues.
- Understand customer demographics in Turkey through analysis of income distribution and the rural-urban split, as well as healthcare and education.
- Understand the technological landscape in Turkey through analysis of relevant laws and policies, as well as patents data.
Scope
- The political landscape section discusses the evolution of the political scenario in Turkey, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
- The economic landscape section outlines the evolution of Turkey's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment.
- The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.
Reasons to buy
- What is the outlook in Turkey in terms of political stability, policies towards business, and the popularity of the government?
- How does Turkey perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?
- How does Turkey perform in terms of healthcare, income distribution, and education?
- How does Turkey perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?
'
Table of Contents
Overview 2
Catalyst 2
Summary 2
Key findings 2
PESTLE highlights 4
Key fundamentals 6
Key Facts and Geographic Location 13
Key facts 13
Geographical location 14
PESTLE Analysis 15
Summary 15
Political analysis 16
Overview 16
Current strengths 16
Current challenges 16
Future prospects 17
Future risks 17
Economic analysis 18
Overview 18
Current strengths 18
Current challenges 19
Future prospects 19
Future risks 19
Social analysis 21
Overview 21
Current strengths 21
Current challenges 21
Future prospects 22
Future risks 23
Technological analysis 25
Overview 25
Current strengths 25
Current challenges 25
Future prospects 26
Future risks 26
Legal analysis 27
Overview 27
Current strengths 27
Current challenges 27
Future prospects 27
Future risks 28
Environmental analysis 29
Overview 29
Current strengths 29
Current challenges 30
Future prospects 31
Future risks 31
Political Landscape 32
Summary 32
Evolution 32
Pre-1975 32
1975–2000 32
2001 onwards 33
Structure and policies 34
Key political figures 34
Structure of government 35
Structure of legislature 35
Executive branch 35
Key policies 36
Performance 37
Governance indicators 37
Outlook 38
Economic Landscape 39
Summary 39
Evolution 39
1923–90 39
1991 onwards 39
Structure and policies 40
Financial system 40
Istanbul Stock Exchange 41
Performance 42
GDP and GDP growth rate 42
Fiscal situation 47
International investment position 48
Monetary situation 48
Unemployment 49
Outlook 50
Social Landscape 51
Summary 51
Evolution 51
Structure and policies 51
Demographic composition 51
Education 52
Healthcare 53
Performance 53
Healthcare 53
Income distribution 54
Education 54
Outlook 55
Technological Landscape 56
Summary 56
Evolution 56
Structure and policies 56
R&D 56
Performance 57
Telecoms and internet 57
Outlook 58
Legal Landscape 59
Summary 59
Evolution 59
Structure and policies 59
Judicial system 59
Tax regulations 60
Labor laws 60
Performance 60
Effectiveness of the legal system 60
Outlook 61
Environmental Landscape 62
Summary 62
Evolution 62
Structure and policies 62
Environmental regulations 62
Performance 63
Environmental impact 63
Outlook 64
Appendix 65
Ask the analyst 65
About MarketLine 65
Disclaimer 65
List of Tables
Table 1: Turkey – key fundamentals 6
Table 2: Turkey – key facts 13
Table 3: Analysis of Turkey’s political landscape 16
Table 4: Analysis of Turkey’s economy 18
Table 5: Analysis of Turkey’s social system 21
Table 6: Analysis of Turkey’s technology landscape 25
Table 7: Analysis of Turkey’s legal landscape 27
Table 8: Analysis of Turkey’s environmental landscape 29
Table 9: Mid-year population by age (as a percentage of total population), 2016 52
List of Figures
Figure 1: Map of Turkey 14
Figure 2: General government debt in OECD nations - 2015 18
Figure 3: Share of external long-term public and publicly guaranteed debt in foreign currencies - 2015 20
Figure 4: Expenditure on Social protection benefits 23
Figure 5: Population with tertiary education 24
Figure 6: Gross domestic expenditure on R&D by sector 26
Figure 7: Overview of specific regulations - 2016 28
Figure 8: Air pollutants in Turkey 30
Figure 9: Growing dependence on renewable energy in Turkey 31
Figure 10: Turkey – key political events timeline 34
Figure 11: Turkey – key political figures 35
Figure 12: Evolution of GDP growth in Turkey, 2005–16 40
Figure 13: Market capitalization 41
Figure 14: GDP and GDP growth rate of Turkey, 2009–20 42
Figure 15: GDP composition by sector in Turkey, 2016 43
Figure 16: Agricultural output of Turkey, 2010–16 44
Figure 17: Industrial output of Turkey, 2010–16 45
Figure 18: Services output of Turkey, 2010–16 46
Figure 19: External trade of Turkey, 2011–16 47
Figure 20: Consumer price index and consumer price index-based inflation in Turkey, 2010–20 49
Figure 21: Unemployment in Turkey, 2010–20 50
Figure 22: Expenditure on healthcare in Turkey, 2008–15 53
Figure 23: Public Expenditure on education in Turkey, 2010–15 55
Figure 24: Internet subscribers in Turkey, 2010–15 57
Figure 25: Carbon dioxide emissions in Turkey, 2006–13 63
