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Turkey Economy : Turkey is a lower middle-income country comes under the Europe and Central Asian region,
according to the classification of economies by region and income made by the World Bank FY 2005.
The country has a total surface area of 783.6 thousand square km as of the year 2004
Turkey Economy - Social Indicators
The total population of the country as of the year 2004 has reached at 71.7 millions in the year 2004 with an annual growth rate of 1.4%.
The growth rate of the population in the country has declined from 1.7% in the year 2000 to 1.4% in the year 2004 as shown in the following table.
The life expectancy at birth years of the country as of 2004 is calculated at 69.9 in the year 2004. Infant mortality rate per one thousand life births in the country has reached 28.3 in the same year.
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The literacy rate adult total (% of people aged 15 and above) has reached at 97.7.
Key Economic Indicators
The strong and the rapidly growing private sector is a landmark of its economic success.
The GNI Atlas method of the country as of the year 2004 is calculated at 269.0 billion in current US $ with a percapita GNI of 3,750.0 in current US $.
The Gross Domestic Product of the country as in the year 2004 was 302.8 billion in current US $ with an annual growth rate of 8.9%.
The following table represents the annual growth rate of GDP in the country.
The annual percentage growth rate of GDP has increased to 6.2 percent in 2004 from 6.0 percent in the previous year. The following graph gives a clear picture on the Growth rate of GDP in Turkey.
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