IMD World Competitiveness Booklet 2021

COMPETITIVENESS TRENDS - OVERALL TURKEY

OVERALL PERFORMANCE (64 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Ankara

2017 2018 2019 2020 2021

785 2020

46

46

47

7.009 2020 83.61 2020 720.2 2020 30,455 2020 12.28 2020 13.15 2020 30.87 2020 -5.10 2020 164.9 2019 1.22 2019 1.8 2020

Exchange Rate (per $)

51

51

10

Population - market size (millions)

CHALLENGES IN 2021 Global recession due to COVID-19. Macroeconomic imbalances. • Global recession due to COVID-19. • Macroeconomic imbalances. • Geopolitical risks. • Political uncertainty. • Uncertainty in legal framework.

19

Gross Domestic Product (GDP) (US$ billions)

41

GDP (PPP) per capita (US$)

4

Real GDP growth (%)

62

Consumer price inflation (%)

56

Unemployment rate (%)

13

Labor force (millions)

61

Current account balance (% of GDP)

35

Direct investment stocks inward ($bn)

TUSIAD, Turkish Industry and Business Association, Economic Research Department Provided by: TUSIAD, Turkish Industry and Business Association, Economic Research Department

50

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

17

26

30

36

39

39

42

43

46

46 47

48

48

50

51

53

55

60

61

62

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (41 countries)

POPULATIONS > 20 MILLION (29 countries)

2017 2018 2019 2020 2021

2017 2018 2019 2020 2021

30

20

20

20

31

31

21

34

22

36

110

IMD WORLD COMPETITIVENESS BOOKLET 2021