IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL TURKEY

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Ankara

2016 2017 2018 2019 2020

785 2019

5.674 2019 83.15 2019 754.4 2019 28,402 2019 15.18 2019 13.73 2019 32.55 2019 1.06 2019 134.5 2018 1.12 2019 0.9 2019

Exchange Rate (per $)

38

46

46

47

51

10

Population - market size (millions)

CHALLENGES IN 2020 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)

44

GDP (PPP) per capita (US$)

52

Real GDP growth (%)

61

Consumer price inflation (%)

59

Unemployment rate (%)

13

Labor force (millions)

30

Current account balance (% of GDP)

38

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

49

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

14

27

32

33

35 35

36

36

37

38

41

42

46

46 47

50

56

57

58

61

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)

POPULATIONS > 20 MILLION (29 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

16

25

20

20

21

22

30

31

31

34

111

IMD WORLD COMPETITIVENESS BOOKLET 2020