Turkey

Official Name: The Republic of Turkey
Sovereign Status: Sovereign Country
Government Type: Parliamentary Republic
Official Name (Local Language): Türkiye Cumhuriyeti
ISO Country Codes: TR : TUR
Internet Domain: .tr
Government Web Site: https://www.turkiye.gov.tr/non-citizens
Capital: Ankara Main Airports: Istanbul Atatürk Airport
Language(s): Turkish Population: 83,047,706
Currency: Turkish Lira ISO Currency Code: TRY
Telephone Dial In: +90 ID Prefix: 00




Turkey

Government Website: https://www.turkiye.gov.tr/non-citizens
Sovereign Ratings: https://countryeconomy.com/ratings/turkey
Central Bank: Türkiye Cumhuriyet Merkez Bankasi
Currency USD Exchange Rate: 7.81925 Turkish liras (TRY) per US dollar (2020 est.)
Unemployment Rate: 13.68% (2019 est.)
Population below poverty line: 14.4% (2018 est.)
Inflation Rate: 15.4% (2019 est.)
Prime Lending Rate: 15.77% (31-Dec-17 - Photius)
GDP: $2,393.96 billion (PPP 2020 est.)
GDP Pro Capita (PPP): $28,400 (2020 est.)
Currency Name: Turkish Lira
Currency Code: TRY
World Bank Classification: Upper Middle Income

GDP Composition:

Agriculture: 6.1% tobacco, cotton, grain, olives, sugar beets, hazelnuts, pulses, citrus; livestock
Industry: 28.5% textiles, food processing, automobiles, electronics, mining (coal, chromate, copper, boron), steel, petroleum, construction, lumber, paper
Services: 65.5%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Borsa İstanbul ;

National Statistics Office:

National Dataset(s):

Turkey


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): English; Turkish
Customs & Excise: Ministry Trade of the Republic of Turkey
Development Bank(s): Asian Infrastructure Investment Bank; Industry Development Bank of Turkey; The Social Development Bank in Europe; Islamic Development Bank; Turkey Investment and Development Bank Inc.;
National Standards Bureau: Türk Standardlari Enstitüsü
Competitive Ind’l Performance: 61/141 (2019) Corruption Perceptions Index: 101/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: 84/136 (2016)
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