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TR - Snapshot 

Official Name of Country

Republic of Turkey

Capital City

Ankara

Government

Presidential System of Government

Population

82 million (2018)

Labor Force (Population)

32.3 million (2018)

Median Age

32 (2018)

Official Language

Turkish

President

Recep Tayyip Erdoğan

Area

783,562.38 km²

Coordinates

39° 55' North, 32° 50' East (Ankara)

Time Zone

GMT +3

Neighboring Countries

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

Major Cities (Population)

Istanbul (15.0 million), Ankara (5.5 million), Izmir (4.3 million), Bursa (3 million), Antalya (2.4 million) (2018)

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 784 billion (2018 - Current Prices)

GDP Per Capita

USD 9,632 (2018)

Exports Value

USD 168 billion (2018)

Imports Value

USD 223 billion (2018)

Tourism Revenue

USD 25.2 billion (2018)

Tourist Number

38.9 million (2018)

Foreign Direct Investment

USD 13.2 billion (2018)

Number of Companies with Foreign Capital

65,533 (2018)

Inflation Rate

20.3% (CPI-2018)

Major Exports Markets

Germany (9.6%); UK (6.6%); Italy (5.7%); Iraq (5.0%); US (4.9%); Spain (4.6%); France (4.3%); Netherlands (2.8%); Belgium (2.4%); Israel (2.3%) (2018)

Major Imports Sources

Russia (9.6%); China (6.6%); Germany (5.7%); US (5.0%); Italy (4.9%); India (4.6%); UK (4.3%); France (2.8%); Iran (2.4%); South Korea (2.3%) (2018)

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, Sudan, Tunisia

Traffic Flow

Right