|Official Name of Country||Republic of Turkey|
|Population||79.8 million (2016)|
|Labor Force (Population)||30.5 million (2016)|
|Median Age||31.4 (2016)|
|President||Recep Tayyip Erdoğan|
|Prime Minister||Binali Yildirim|
|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|
|Country Code Top-Level Domain||.tr|
|Electricity Voltage||220 V, 50 Hz|
|Currency||Turkish Lira (TRY)|
|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
Located at the intersection point of Central Asia, Middle East, Africa and Europe, Turkey reaches to the boundaries of the European Union on one hand, Iraq and Russia on the other hand, while opening out to the entire world through the Mediterranean and Black Sea.
Turkey with its dynamic market successfully integrated into the global economy Turkey is an ‘economy of production’, intending to achieve economic growth by relying on her entrepreneurial power and human resources. Another significant characteristic of the Turkish economy is its ability to perform such activities while being a member of Customs Union and World Trade Organization, i.e. in a competitive market without any protective measures.
Turkey is 13th largest economy in the world and 5th largest economy compared with the EU in 2016 (GDP at PPP, IMF WEO).
The Turkish economy grew at a larger-than-expected 11.1 percent in the third quarter of 2017, according to data released by the Turkish Statistical Institute. The double-digit growth rate saw Turkey become the fastest growing G20 economy in Q3.
The figure is likely to cause an upward revision to Turkey’s overall annual growth forecast of 5.5 percent for this year. The country's GDP growth rate for the first nine months of 2017 was 7.4 percent.
Deadline: 31 January 2018
The citizens of African countries are only eligible to be pre-registered.
Clicks From Previous Events
Pictures from a previous forum