Turkish Economy News

12 Oct 2019

Cultural Heritage Turkey, 2018

According to Turkish Statistical Institute, the number of museums in Turkey increased by 13 museums and reached 451 in 2018.

4 Oct 2019

Germany is the main export destination for Turkish economy

In August 2019, the main partner country for Turkish exports was Germany with 1,118 million USD worth of goods.

1 Aug 2019

Where will Turkish economy be over the next decade?

PwC’s the World in 2050 projections indicated that Turkish economy will become the 12th largest economy in the world in terms of its GDP at PPP in 2030 from its level of 14th in 2016.

17 Jul 2019

Turkey's 11th Development Plan is adopted

Turkey’s 11th Parliamentary Development Plan was adopted in July 2019. The development plan was prepared by focusing on competitive production and efficiency. In the plan where the sectoral prioritization approach emerged.

17 Jul 2019

Turkey gave a trade surplus of 564.5 million EURO in May 2019

The European Statistical Office (EUROSTAT) has published international trade data for the EU and the eurozone in May. Accordingly, in May, Turkey exported 6 billion 873.8 m euros to the EU.

19 Jun 2019

In May 2019, 82,252 houses were sold in Turkey

New house sales in Turkey became 33,765 in May 2019 by decreasing 39.2 per cent compared to the same month of 2018. New house sales had 41.1 per cent share of all house sales in Turkey.

19 Jun 2019

Hazelnut exports generate 2 billion USD income each year

Hazelnut has an important place in Turkish economy, which contributes to the economy with export income. In 2016/17 season, 236,000 tons of hazelnut exports made and 1.882 billion USD foreign exchange inflow into Turkish economy was achieved.

15 Jun 2019

Turkish defense and aerospace industry

Defense and aerospace was the sector that increased its exports by 37 per cent in the January-May 2019 period. Sector exports in this period reached 1.074 billion USD.

1 Jun 2019

Population forecasts for Turkey

If the current trends of demographic indicators continue, the population of Turkey, which is 80.8 million, is expected to reach 86.9 in 2023 and 100.3 million in 2040.