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| Main Economic Trends |
|
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| Turkey |
|
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
Latest |
| Real GDP growth rate |
% |
2.8 |
-5.0 |
7.4 |
-7.4 |
7.8 |
5.4 |
2003
Q1-3 |
| Inflation rate Annual average End-of-period |
% % |
84.6
69.7 |
64.9
68.8 |
54.9
39.0 |
54.4
68.5 |
45
29.5 |
25.3
18.4 |
Dec 2003 |
| Unemployment rate |
% of labour force |
6.4 |
7.6 |
6.6 |
8.5 |
9.9 |
9.4 |
2003
Q1-3 |
| General government budget balance (ESA
95) |
% GDP |
-11.9 |
-18.7 |
-6.0 |
-28.4 |
-10.0 |
|
April 03 |
| General government debt (ESA 95) |
|
|
65.9 |
56.4 |
101.4 |
95.0 |
|
April 03 |
| Current account balance |
% GDP
Mio € |
1.0
1,8 |
-0.7
- 1.3 |
-4.8
-10,6 |
2.3
3.7 |
-0.8
- 1.4 |
-2.0
-3.5 |
Oct03
Oct03 |
Foreign debt
Debt-export ratio
Gross foreign debt |
%
Bio € |
119
66.6 |
240.5
96.6 |
248.7
129.6 |
235.5
128.6 |
242.5
134.8 |
275
142 |
03Q3
03Q3 |
| Foreign direct investment (inflows) |
% GDP
Mio € |
0.5
837 |
0.4
735 |
0.5
1054 |
2.2
3647 |
0.3
450 |
0.2
172 |
Oct03
Oct03 |
Sources: National sources, OECD
external Debt Statistics, IMF Government Finance Statistics,
ESTAT
Population (average)
GDP per head |
Million
% of EU average |
69.6
23 |
Share of agriculture in:
- gross value added
- employment |
%
% |
11.5
33.2 |
| Investment-to-GDP ratio |
% |
16.7 |
| Exports of goods services/GDP |
% |
28.8 |
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