IMD World Competitiveness Booklet 2022
Turkey Competitiveness Trends – Overall
OVERALL PERFORMANCE (63 countries)
BASIC FACTS
Rank
2018
2019
2020
2021
2022
Capital Land area (square km '000)
Ankara
785 2021
46
46
8.867 2021
Exchange Rate (per $)
51
51
84.68 2021 09 813.0 2021 18 34,755 2021 40 11.0 2021 04 19.60 2021 61 12.00 2021 55 32.72 2021 12 -1.83 2021 45 211.6 2020 30 1.09 2020 40
52
Population - market size (millions)
Gross Domestic Product (GDP) (US$ billions)
CHALLENGES IN 2022
GDP (PPP) per capita (US$)
• Rising inflation and inadequate monetary policy. • High external financing need. • Russia-Ukraine war and supply disruptions. • Political uncertainty. • Uncertainty in legal framework.
Real GDP growth (%)
Consumer price inflation (%)
Unemployment rate (%)
Labor force (millions)
Current account balance (% of GDP)
Direct investment stocks inward ($bn)
Direct investment flows inward (% of GDP)
PROVIDED BY: TUSIAD, Turkish Industry and Business Association, Economic Research Department
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
10
17
36 39 38
37
42
44
45
47
51
53
53
54
57 54 57 52
59
60
PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)
POPULATIONS > 20 MILLION (27 countries)
2018
2019
2020
2021
2022
2018
2019
2020
2021
2022
19
19
30
30
20
20
33
35
36
21
110 Competitiveness Country Profiles
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