MINISTRYOFFOREIGNAFFAIRS

1、MINISTRY OF FOREIGN AFFAIRS TURKISH ECONOMY IN THE WORLD 7/22/2021-?EGY1 THE GEOGRAPHICAL LOCATION OF TURKEY 7/22/20212 GEOGRAPHICAL ADVANTAGES OF TURKEY oArea of 785.347 km2. o8.485 km of coastline, surrounded by sea on three sides: by the Black Sea to the north, the Mediterranean to the south and

2、the Aegean Sea to the west. oA unique geographical location as a gateway to European, Middle Eastern, North African and Central Asian markets. oIn four hours of flight from Istanbul, one can reach more than 50 countries and a quarter of the world population. oA political and economic attraction cent

3、er for the neighbouring geographies, with its strategical location. 7/22/20213 DEMOGRAPHIC ADVANTAGES OF TURKEY oA huge and growing market73,7 million population (2010) oYoung, dynamic and well-trained population. * 61% of the population is under the age of 34. (Approximately 45 million) * Average A

4、ge: 28,8 * 500 thousand university graduates every year. * 24,7 million of the population is actively employed. * The 5th biggest labor power, if ranked among the EU member countries 7/22/20214 TURKEY IN THE WORLD ECONOMY 7/22/20215 (GDP based on purchasing power parity , Trillion Dollars, 2009) TUR

5、KEY IN THE EUROPEAN ECONOMIES (GDP based on purchasing power parity , Trillion Dollars, 2009) 7/22/20216 TURKEY AND G-20 oTurkey is a G-20 member, the “Super League” of world economies, established in 1999. oThis membership gives Turkey the opportunity to express its views and suggestions for the so

6、lution of international economic and financial problems and strengthens its profile. oIt is an important platform for sharing views on global economy with the other leading actors. oAs a by-product of our pro-active foreign policy, we are not solely focusing on our agenda, but also trying to reflect

7、 the views of other actors not represented in G-20. 7/22/20217 GDP PER CAPITA 7/22/20218 GDP PER CAPITA (Short Term Targets) 7/22/20219 DISTRIBUTION OF EMPLOYMENT 7/22/202110 Distribution of Employment by Economic Sectors (%) FOREIGN TRADE Exports 7/22/202111 Annual estimate as of February 2011 Sour

8、ce: TURKSTAT FOREIGN TRADE Main Export Destinations of Turkey 7/22/202112 Main Export Markets -2010- Billion $ Germany 11,4 UK 7,2 Italy 6,5 Iraq 6 France 6 FOREIGN TRADE Short Term Targets 7/22/202113 FOREIGN TRADE Imports 7/22/202114 Annual estimate as of February 2011 Source: TURKSTAT FOREIGN TRA

9、DE Main Import Countries 7/22/202115 Main Import Countries -2010- Billion $ Russia 21,6 Germany 17,5 China 17,2 USA 12,3 Italy 10,2 BILATERAL TRADE WITH THE NEIGHBOURING COUNTRIES (Global Downturn Period -Billion $) 2008 2009 2010 oGreece 3,58 2,76 3 oBulgaria 4 2,5 3,2 oGeorgia 1,52 1,05 1 oAzerbai

10、jan 2,6 2,15 2,41 oIran 10,2 5,43 10,7 oIraq 15,2 6 7,4 oSyria 1,75 1,75 2,52 7/22/202116 TURKISH INDUSTRY Automobile and Household Goods oTurkey ranks 16th in the world production of motor vehicles. oTurkey is the leading bus manufacturer and 3rd largest commercial vehicle manufacturer in Europe. o

11、Around 75% of the automative and auto parts industry exports are delivered to the EU countries. oDuring the last 4 years, ship-building capacity of Turkey has grown 3 times. Turkey ranks 7th in world ship exports. oIn the production of household goods, Turkey has a prominant reputation. It ranks 8th

12、 in world exports of refrigerators, 6th in washing machines and 14th in dishwashing machines. oMost of the domestic appliances production is exported to the EU. 7/22/202117 TURKISH INDUSTRY Defence Industry 7/22/202118 In the year 2011, 1 billion $ of exports is expected. TURKISH INDUSTRY Textiles a

13、nd Clothing 7/22/202119 oTurkey ranks 7th in the world cotton production. There are more than 35 thousand textile and clothing companies in Turkey. oTurkey ranks 4th in knitted clothing, 8th in woven clothing, 3rd in socks and stockings and 8th in leather wear exports. o80% of the textile products a

14、re exported to the EU countries. oTurkey is one of the major producers of organic on the contrary they have increased their profits. oTurkish banks have branches and offices in 14 countries (USA, Germany, Bahrain, Bulgaria, China, Georgia, Iraq, UK, TRNC, Luxemburg, Malta, Pakistan, Russia, Greece).

15、 oThere are 41 representations of foreign banks in Turkey (Switzerland 8, Germany 6, the Netherlands 6, USA 4, France 3, UK 4, Spain 2, Italy 2, Qatar, UAE, Belgium, India, Canada, Japan 1). 7/22/202130 TURKISH BANKING SECTOR-II 7/22/202131 Source. BDDK (Banking Regulation and Supervision Agency) TO

16、URISM oOne of the top 10 tourism destinations across the globe. oRanked 7th in terms of visiting tourists and 8th in terms of tourism revenues in the world. The main visitors are German, Russian and British tourists. oAchieved 2,8 % increase in both 2009 and 2010 in the number of foreign visitors, d

17、espite the adverse effects of the global crisis. oIt possesses not only the infrastructure for seaside tourism, but also for health, culture, faith, congress, sports, hunting and archaeological tourism. 7/22/202132 TOURISM (2010) oIn 2010, 28,6 million foreign tourists visited Turkey. o2,8% increase

18、 as compared to 2009. oPercentage of tourists in 2010: German 15.3% Russian 10.85% British 9.3% (Other most visiting tourists ; Iranian, Bulgarian, Georgian, Dutch, French, Syrian and Italian). 7/22/202133 HEALTH TOURISM oReceiving nearly 60 thousand visitors for health tourism, generating an approx

19、imate annual income of 1 billion $. oTurkey is the 1st in Europe and 7th in the world in terms of thermal sources. oModern and very competitive private health centers. oLow costs in health services. oQualified and experienced staff in the health sector. 7/22/202134 TOURISM FIGURES (Past 10 Years) oT

20、ourist arrivals and revenues (last 10 years) InternationalRevenues Visitors (millions)(billion $) 2001 11.3 7,4 2002 13.0 9,0 2003 13.7 9,7 2004 17.2 12,0 2005 20.5 14,0 2006 19.3 12,6 2007 23.0 14,0 2008 26.4 16,8 2009 27.3 15,8 2010 28.6 15,6 7/22/202135 TRANSPORTATION o Turkey has a unique and st

21、rategic location as part of both Europe and Asia. o 18.500 km of two-lane highways. The target is to increase it to 22,500 km by the end of 2011. o 12 new motorway projects to be built by the year 2023, the total length of which will be 4,773 kilometers. o Marmaray Project will connect Europe and As

22、ia by railway under the Bosphorus. 7/22/202136 TURKISH AIRLINES 7/22/202137 oFastest growing airline company in Europe. oIn terms of destination diversity; 8th airline company in the world, 3rd in Europe. oIn terms of profits, 6th biggest airline company in the world. o131 international; 41 domestic

23、 destinations (in total 172). oIn 2010 8 new international destinations were inaugurated: (Accra, Bologna, Dar-es Salaam, Entebbe, Nakhcivan, Podgorica, Sochi, Washington D.C.) oIn 2011 11 additional international destinations will be established: (Malaga, Thessaloniki, Valencia, Toulouse, Manila, N

24、aples, Turin, Genova) oSponsorship to world-famous trademarks (F.C.Barcelona, Manchester United, Euroleague) TECHNOLOGY, RESEARCH Turkey is: - 1 in terms of hazelnut, fig, quince, cherry, fresh and dried apricot production, - 3 in terms of pistachio production, - 5 in terms of tea and olive oil prod

25、uction in the world. 7/22/2021 41 TURKEYS DEVELOPMENT ASSISTANCE Official development assisstance has exceeded 3,4 billion US Dollars in the last 5 years (79,7 % T?KA, 8,7 % National Ministry of Education). The total development assistance has reached 7,1 billion dollars (offical+NGOs). Year Officia

26、l Assistance NGOs assistance Total (million $) (million $) (million $) 2005 601 450 1,051 2006 714 995 1,709 2007 602 734 1,336 2008 780 796 1,576 2009 707 812 1,519 2010 997 na - Source: T?KA 7/22/202142 TURKEYS OFFICIAL DEVELOPMENT ASSISTANCE(2010) oOfficial development assistance (2010) 966,82 mi

27、llion $ oDistribution 53,51% The Caucasus and Central Asia 24,17% The Middle East 15,18% Europe 4,04% Africa 2,48% Other Top three countries with biggest share (2010): 134,49 million $ Pakistan 107,32 million $ Afghanistan 83,81 million $ Kazakhstan Source: T?KA 43 NEW ECONOMIC EVOLUTIONS oMutual el

28、imination of visa requirements (Libya, Lebanon, Syria, Jordan, Albania, Tajikistan, Serbia, Russia, Yemen) oHigh Level Strategic Cooperation mechanisms with Syria and Iraq, signing of numerous agreements in various fields, Quadruple Cooperation Mechanism among Turkey, Syria, Lebanon and Jordan. oDev

29、elopment Assistance and T?KA Offices (26 coordination offices in 23 countries). oDeveloping transportation network with regional countries (new railroad connections, enlargement of road transport network, advances in maritime cooperation, increased airline connections, THY as the 3rd biggest airline

30、 company), oNew embassies in Africa 7/22/202144 CHALLENGES IN THE ECONOMY-I oTrade imbalance : 69,9 billion $ (2008) 38,8 billion $ (2009) 71,6 billion $ (2010) oUnemployment : 11% (2008) 14% (2009) 11,9% (2010) oCurrent Account Deficit : 42 billion $ (2008) (5,7%of GDP) 14 billion $ (2009) (2,3% of

31、 GDP 48,6 billion $ (2010) (6,5% of GDP) Source: TURKSTAT, Treasury 7/22/2021 45 CHALLENGES IN THE ECONOMY-II oGross External Debt : 290,4 billion $ in 2010 Public Sector : 88,9 billion $ Private Sector : 189,6 billion $ Central Bank : 11,8 billion $ Long Term : 211,7 billion $ Short Term : 78,6 billion $ oGross External Debt/GDP : 37,8% (2008) 43,6% (2009) 39,5% (2010) Source: Treasury 7/22/2021 46 2023 TARGETS oTargets for the century-old Republic in 2023: - to be among the top ten economies of the world, - to reach a trade volume of 1 trillion Dollars, -