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Turkey exporter guide 2019

Parameter Value Population 80.8 million (2017) Median Age 31.6 (2017) Labor Force (ages 15-64) 30.8 million (2017) Unemployment Rate (ages 15-64) 10.9 percent (2017) [11.4 percent, September 2018] Unemployment Among Youth* (ages 15-24) 20.6 percent (2017) [21.6 percent, September 2018] GDP USD 851 billion (2017) GDP per Capita USD 10,597 (2017) Trade Balance USD -76.8 billion (2017) Tourists (# of foreign citizens entering) 32.1 million (2017) Inflation – CPI 11.92 percent (2017) [25.24 percent, Oct. 2018] Exchange Rate (end of period) 3.65 TRL/USD (2017) [5.48 TRL/USD, Oct. 2018] Foreign Direct Investment (FDI) USD 10.9 billion (2017) Number of Companies with Foreign Capital 58,418 (2017) Major Export Markets (all products) Germany (9.6%); UK (6.1%); UAE (5.8%); Iraq (5.8%); USA (5.5%); Italy (5.4%); France (4.2%); Spain (4.0%); Netherlands (2.5%) Israel (2.2%) (2017) Major Import Sources (all products) China (10.0%); Germany (9.1%); Russia (8.3%); USA (5.1%); Italy (4.8%); France (3.5%); Iran (3.2%); Switzerland (3.0%); South Korea (2.8%); UK (2.8%) (2017) Major Cities Istanbul (15.0 m), Ankara (5.4 m), Izmir (4.3 m), Bursa (2.9 m), Antalya (2.4 m), Adana (2.2 m), Konya (2.2 m) Gaziantep (2.0 m), 13 other cities over one million population (2017)

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