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TR - Snapshot
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TR - Snapshot 

Official Name of Country

Republic of Turkey

Capital City

Ankara

Government

Parliamentary Democracy

Population

78.7 million (2015)

Labor Force (Population)

29.7 million (2015)

Median Age

31 (2015)

Official Language

Turkish

President

Recep Tayyip Erdogan

Prime Minister

Binali Yildirim

Area

783,562.38 km²

Coordinates

39° 55' North, 32° 50' East

Time Zone

GMT +2

Neighboring Countries

Bulgaria, Greece, Syria, Iraq, Iran, Azerbaijan, Armenia, Georgia

Major Cities (Population)

Istanbul (14.7 million), Ankara (5.3 million), Izmir (4.2 million), Bursa (2.8 million), Antalya (2.3 million) (2015)

Climate

Temperate; hot, dry summers with mild, wet winters

Telephone Code

+90

Country Code Top-Level Domain

.tr

Electricity Voltage

220 V, 50 Hz

Currency

Turkish Lira (TRY)

Financial Center

Istanbul

GDP

USD 720 billion (2015-Current Prices)

GDP Per Capita

USD 9,261 (2015)

Exports Value

USD 144 billion (2015)

Imports Value

USD 207 billion (2015)

Tourism Revenue

USD 31.5 billion (2015)

Tourist Number

41.6 million (2015)

Foreign Direct Investment

USD 16.8 billion (2015)

Number of Companies with Foreign Capital

46,756 (2015)

Inflation Rate

8.81% (CPI-2015)

Major Exports Markets

Germany (9.3%); UK (7.3%); Iraq (5.9%); Italy (4.8%); USA (4.4%); France (4.1%); Switzerland (3.9%); Spain (3.3%); UAE (3.3%); Iran (2.5%) (2015)

Major Imports Sources

China (12%); Germany (10.3%); Russia (9.8%); USA (5.4%); Italy (5.1%); France (3.7%); South Korea (3.4%); Iran (2.9%); India (2.7%); Spain (2.7%) (2015)

Trade Agreements

  • Customs Union Agreement with the EU
  • Free Trade Agreements with Albania, Bosnia Herzegovina, Chile, Croatia, EFTA member countries (Switzerland, Norway, Iceland and Liechtenstein), Egypt, Georgia, Israel, Jordan, South Korea, Macedonia, Malaysia, Mauritius, Montenegro, Morocco, Palestine, Serbia, Tunisia

Traffic Flow

Right