COUNTRY SNAPSHOTS
Turkey Highlights
Joined the OECD: 1961
• Real GDP growth was 8.9% in 2010, one of the highest growth rates in the OECD.
Prime Minister: Recep Tayyip Erdogan
• The inflation rate, at 8.6%, declined significantly from 2000, when it approached 55%.
Ambassador to the OECD: Kadri Ecvet Tezcan
• The employment rate for women was at 26.2%, compared with 66.7% for men and significantly below the OECD figure of 56.7%.
Delegation website: http://oecd.pr.mfa.gov.tr Parliament website: www.tbmm.gov.tr
• All-in taxes on the average worker came to 37.4% of labour cost, slightly higher than the OECD average of 34.9%.
Capital city: Ankara
• Renewable energy accounted for 11% of Turkey’s energy supply, compared with 7.6% for the OECD. • Road fatalities were at 58 per million inhabitants in 2009, compared with 75 per million for the OECD.
ECONOMY 2000 2010 1
GLOBALISATION
Gross domestic product (US$ bln, PPPs)
589.2
1 116.0
Imports of goods and services (% of GDP)
23.1
26.6
GDP per capita (US$)
9 170
15 320
Exports of goods and services (% of GDP)
20.1
21.1
Real GDP growth (annual %)
6.8
8.9
Net official development assistance (% of GNI)
..
..
Household disposable income (annual growth %)
..
..
Foreign-born population (% of population)
1.9
..
Budget balance (% of GDP)
..
-4.6
Migration rate (per thousand)
0.0
..
Public debt (% of GDP)
..
..
Outward FDI stocks (US$ bln)
4
22
Current account balance (% of GDP)
-3.7
-6.5
Inward FDI stocks (US$ bln)
19
186
Inflation rate: all items (annual %)
54.9
8.6
Unit labour cost (annual growth %)
33.1
..
SOCIETY
Long-term interest rates (%)
..
..
Population (thousands)
64 259 72 698
Public expenditure on health (% of GDP)
3.1
..
Life expectancy at birth (years)
71.0
73.8 2
Private expenditure on health (% of GDP)
1.8
..
Population, 65 and over (% of population)
6.8
7.7
Public expenditure on education (% of GDP)
..
..
Employment rates: men (%)
71.7
66.7
Private expenditure on education (% of GDP)
..
..
Employment rates: women (%)
26.2
26.2
Self-employment rates (% of employed)
51.4
39.1
NEW SOURCES OF GROWTH
Unemployment rates (%)
..
10.6
Renewable energy (% of energy supply)
13.2
11.0
Long-term unemployment (% of unemployed)
21.1
28.6
Total energy production (Mtoe)
25.9
30.3
Income inequality, rank out of 34 (1: least unequal)
..
32 3
CO2 emissions from fuel combustion (mln tonnes)
201
256 2
Average hours actually worked (per year)
1 937
1 877
R&D expenditure (% of GDP)
0.5
0.8 2
Taxes on average worker (all-in, % of labour cost)
40.4
37.4
Tertiary graduation rates (% of population)
..
12.7 2
Road fatalities (per mln inhabitants)
58
58 2
Households with Internet access (%)
6.9
..
1. Unless otherwise indicated 2. 2009 data 3. Late 2000s data, based on Gini coefficient
162 OECD Yearbook 2012 © OECD 2012