About Turkey

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

Source: www.invest.gov.tr

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