Turkey economic profile Flashcards
1
Q
Turkey unemployment rate?
A
10.4%
2
Q
Turkey real GDP growth?
A
5.6%
3
Q
Turkey GDP per capita
A
$10,640
4
Q
Turkey CPI ( inflation rate )?
A
68.6%
5
Q
Turkey current account as % of GDP?
A
-5.39%
6
Q
Total government debt as % of GDP?
A
50.2%
7
Q
Turkey competitiveness ranking?
A
47th
8
Q
Turkey economy strengths? ( 4 )
A
- Good geographical location
- Young population
- 53% of energy is renewable
- Large gas fields off shore in the black sea
9
Q
Turkey economy weaknesses? ( 5 )
A
- Political instability
- High inflation
- Poor legal system
- High income inequality
- Rising external vunerability