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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

79.8 million (2016)

Labor Force (Population)

30.5 million (2016)

Median Age

31.4 (2016)

Official Language

Turkish

President

Recep Tayyip Erdoğan

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 (14.8 million), Ankara (5.3 million), Izmir (4.2 million), Bursa (2.9 million), Antalya (2.3 million) (2016)

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 863 billion (2016-Current Prices)

GDP Per Capita

USD 10,883 (2016)

Exports Value

USD 143 billion (2016)

Imports Value

USD 199 billion (2016)

Tourism Revenue

USD 22.1 billion (2016)

Tourist Number

25.3 million (2016)

Foreign Direct Investment

USD 12.3 billion (2016)

Number of Companies with Foreign Capital

52,754 (2016)

Inflation Rate

8.5% (CPI-2016)

Major Exports Markets

Germany (9.8%); UK (8.2%); Iraq (5.4%); Italy (5.3%); USA (4.6%); France (4.2%); UAE (3.8%); Spain (3.5%); Iran (3.5%); Netherlands (2.5%) (2016)

Major Imports Sources

China (12.8%); Germany (10.8%); Russia (7.6%); USA (5.5%); Italy (5.1%); France (3.7%); South Korea (3.2%); India (2.9%); Spain (2.9%); UK (2.7%) (2016)

Trade Agreements

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

Traffic Flow

Right