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10 Reasons to Invest in Turkey
Investors' Guide
Prior to Arrival in Turkey
How to Get a Work Permit?
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Establishing a Business in Turkey
Transferring Assets
Cost of Doing Business in Turkey
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Incentives
Employees and Social Security
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Turkish Social Security System
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Demography and Labor Force
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Macroeconomic Indicators
FDI in Turkey
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Demography and Labor Force 

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 76 million, with half of that under 30 years of age.

 

Population-Age Group Pyramid (2012)

 

Source: Turkish Statistical Institute

 

2. LABOR FORCE

 

Turkey's population of 76 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) – 2012

 

 

Source: IMD, May 2013

 

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.

 

Availability of Qualified Labor Force Scores 2013

 

Skilled Labor

Qualified Engineers

Competent

Senior Managers

IT Skills

Average

Score

Poland

6,62

7,00

6,69

8,58

7,22

Turkey

6,39

7,43

6,50

7,21

6,88

Czech Rep.

6,10

6,82

6,00

6,92

6,46

China

5,05

6,22

5,51

7,54

6,08

Romania

5,33

6,00

4,17

6,36

5,47

Hungary

4,24

6,07

3,33

6,77

5,10

Bulgaria

3,49

5,49

2,90

6,94

4,71

 

Source: IMD World Competitiveness Yearbook 2013
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 3.8 million students in tertiary education
  • Approximately 600,000 graduates from universities per year
  • World-class engineering education

 

Number of Students Enrolled in Tertiary Education – 2011

 

 

Source: Eurostat 

 

Number of Students Enrolled in the Fields of Engineering, Manufacturing & Construction (Tertiary Education) – 2011

 

 

Source: Eurostat 

 

Number of Graduates in the Fields of Engineering, Manufacturing & Construction(Tertiary Education) – 2011

 

 

Source: Eurostat