Turkey in numbers: a growing population and general economy
Here is quick and rough compilation of statistics on Turkey:
Turkey’s population was estimated to be 74.8 million in 2008, up from 67.4 million in 2000. 27.3 million people are less than 15 years of age, and 6.1 million are 65 and over. (1: Country statistical profile 2010: Turkey — OECD)
68.7% of the population lives in urban areas. (2)
There is 88.7% literacy among adults 15 years and older. (3)
There were 25.4 million (34.4% of the population) Internet users in 2008, up from 9.9 million (13.9%) in 2005. (4: Word Bank statistics, from Download Data spreadsheet)
Spending on healthcare accounted for 5.7% of GDP in 2005 (there is an average of 8.9% in the OECD). The US spends the most on healthcare within the OECD, with 16% of GDP in 2007, followed by France at 11%.
Turkey has the lowest health spending per capita within the OECD.
The share of public spending on healthcare has increased in Turkey from 63% in 2000 to 71% in 2005 (the average in the was OECD 73% in 2005).
Between 1960 and 2007, Turkey has had increase in life expectancy of 23 years, to 71.8 years by 2007 (OECD avg of 79 years).
(5: All data for health sourced from an OECD report here)
Between 2001 and 2007, Turkey’s GDP has increased by 242% to reach $656.6 billion in 2007, to become the 15th largest economy in the world. (6: Captured on June 10, 2010 from the Foreign Economic Relations Board of Turkey, here)
Turkey’s GDP is expected to grow by 6.8% in 2010 compared to a 3.7% average for the OECD. It shrank by 4.9% in 2009, the country’s worst recession in over half a century (7). The recession began in 2008, when the country’s GDP grew by a little less than 1%. (8)
Its GDP in 2008 was $734.9 billion. (9)
Investors in Turkey are diversifying from traditional investments in Europe to include Russia and the Middle East and Brazil as economic demand in Europe remains weak. (10)
Tax revenues made up 18.6% of GDP in 2008. (11: Word Bank statistics, from Download Data spreadsheet)
The country had gross savings at 17.7% of GDP in 2008. (12: Word Bank statistics, from Download Data spreadsheet)
About 31% of income share was held by the wealthiest 10% of the population in 2006. About 2% was held by poorest 10% in the same year. (13: Word Bank statistics, from Download Data spreadsheet) I tried to compare this the situation in the USA but the World Bank’s data spreadsheet did not have recent numbers. It did have numbers for 2000 though, which indicate that the richest 10% of the population held 29.9% of total income while the poorest 10% of the population in the US had 1.9% of income share. By all accounts this gap has since widened.
Unemployment is expected to remain a problem as the population continues to grow. (14)
Unemployment stood at 9.4% in 2008. (15: Word Bank statistics, from Download Data spreadsheet)
Trade accounted for about 26.1% of the share of GDP in 2008, up from 21.6% in 2000. (16)
At the same time, Turkey has a growing negative trade balance, importing more than it exports. (17)
Turkey imported 73% of its energy needs in 2007. (18: Word Bank statistics, from Download Data spreadsheet)