Turkey’s Economy: Tons of Potential but, in the Middle of a Recession?


Turkey, officially known as the Republic of Turkey, is a country located between the Black Sea and the Mediterranean Sea and one of the countries who separates Europe from Asian, being Turkey a transcontinental country.


The country is led by Recep Tayyip Erdoğan, President and founder of the Justice and Development Party or AKP. With him, Turkey has become in the last decades one of the biggest emerging countries.


In the last years, the country has suffered some instability in their currency and the economy looks to be struggling a little, which make us ask ourself if Turkey is in the middle of a recession.


As always, on this video we are going to deep down a little into the currency situation of the economy, specially about the numbers behind this big economy, to see how and where this country could reach in the next years.



00:00 Intro

01:10 Warning & Subscribe

01:42 GDP

03:14 Population

04:03 GDP per capita

04:40 Official Currency

05:31 Public Debt

06:15 Public Budget

07:00 Agriculture Sector

07:33 Industry Sector

08:03 Service Sector

08:44 Tourism

09:26 Inflation

09:54 Export and Imports

11:55 Turkey Bond

12:13 Turkey Taxes

12:36 Unemployment

12:54 Conclusion



By Economic Newbie


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Published By: Atilla Yeşilada

GlobalSource Partners’ Turkey Country Analyst Atilla Yesilada is the country’s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey’s political and financial developments. In addition to his extensive writing schedule, he is often called upon to provide his political expertise on major radio and television channels. Based in Istanbul, Atilla is co-founder of the information platform Istanbul Analytics and is one of GlobalSource’s local partners in Turkey. In addition to his consulting work and speaking engagements throughout the US, Europe and the Middle East, he writes regular columns for Turkey’s leading financial websites VATAN and www.paraanaliz.com and has contributed to the financial daily Referans and the liberal daily Radikal.