1. DEMOGRAPHY
Turkey is located in the GMT+2 time zone that enables it to communicate with both eastern and western countries in the same working day.
Area
Turkey’s area is 783,562.38 km2 and is divided into seven geographical regions: the Marmara, the Aegean, the Mediterranean, Southeastern Anatolia, Eastern Anatolia, Central Anatolia, and the Black Sea. It is surrounded by four seas: the Mediterranean Sea, the Aegean Sea, the Sea of Marmara, and the Black Sea.
Population
Turkey has a total population of 75 million, with half of that under 29.7 years of age.
Population-Age Group Pyramid (2011)
Source: Turkish Statistical Institute (TurkStat)
2. LABOR FORCE
Turkey's population of 75 million has a labor force of over 27 million people. Turkey is ranked as the 4th largest labor force in relation to EU countries.
Labor Force (in millions) - 2011
Source: Turkish Statistical Institute (TurkStat) and Eurostat
Turkey’s young population is an important contributor to labor force growth and has contributed to Turkey's rank over its competitors.
The distribution of the workforce amongst many diverse sectors reflects the wealth of opportunities offered to investors. Turkey is highly competitive in terms of labor cost and productivity. It has witnessed consistent growth in labor productivity, together with a decreasing trend in real unit wages.
Productivity and Real Unit Wages Index in Industry
(Per Worker; 2005=100)
Source: Turkish Statistical Institute (TurkStat)
The Turkish labor market is one of the best in the world thanks to qualifications, skills, dedication, and the motivation it offers.
|
|
Skilled Labor |
Qualified Engineers |
Competent Senior Managers |
IT Skills |
Average Score |
|
Turkey |
6,19 |
7,56 |
6,11 |
7,4 |
6,82 |
|
Czech Republic |
6,27 |
6,47 |
5,2 |
7,2 |
6,29 |
|
Poland |
6,13 |
6,26 |
5,05 |
7,49 |
6,23 |
|
Hungary |
5,58 |
6,07 |
4,92 |
7,32 |
5,97 |
|
Romania |
5,33 |
6,03 |
4,64 |
6,46 |
5,62 |
|
China |
4,44 |
5,73 |
4,74 |
6,69 |
5,40 |
|
Bulgaria |
3,96 |
5,4 |
3,53 |
7,15 |
5,01 |
Source: IMD World Competitiveness Yearbook 2012
Scores (0: Not Available, 10: Available)
Turkey has a young, dynamic work force and its strong work ethic is an important part of Turkey's work culture. The workplace, as an institution, is cherished in Turkey that allows individuals to utilize their skills and for self-advancement. The labor force's dedication to work is shown via Turkey's high productivity, low absenteeism, and its status as one of the countries with the highest annual working hour rates.
3. EDUCATION
- More than 3.5 million students in tertiary education
- Approximately 600,000 graduates from universities per year
- World-class engineering education
Number of Students Enrolled in Tertiary Education – 2010
Source: Eurostat
Number of Graduates in Tertiary Education – 2010
Source: Eurostat
Number of Students Enrolled in the Fields of Engineering, Manufacturing & Construction (Tertiary Education) – 2010
Source: Eurostat
Number of Graduates in the Fields of Engineering, Manufacturing & Construction (Tertiary Education) – 2010
Source: Eurostat