Exports of goods and services account for 27 percent of GDP while imports account for 32 percent, subtracting 5 percent from total GDP. We have a plan for your needs. Then you can access your favorite statistics via the star in the header. growth rate is currently declining and is projected to continue to decline in the coming years (reaching below 0.50% by 2048, reach 0 in 2086, and decline by . TurkStat. Current job openings: 2023 Data - 2024 Forecast - 1999-2022 Historical, Turkey Government Budget Balance Swings to Surplus, Turkey Posts 1st Current Account Surplus in 2 Years, Turkish Retail Sales Growth Eases in June, Turkey Industrial Output Grows for 2nd Month, Turkish Inflation Rate Highest in 4 Months, Turkey Producer Inflation Accelerates in July, Turkey Manufacturing PMI Lowest in 7 Months, Indonesia Q2 Current Account Swings to Deficit, Hang Seng Attempts to Emerge from Near 9-Month Low, NZ Dollar Attempts to Rise After 10 Days of Falls. "Annual Tourism Income in Turkey from 2001 to 2022 (in Billion U.S. On the expenditure side, household consumption is the main component of Turkish GDP and accounts for 70 percent, followed by gross fixed capital formation (22 percent) and government expenditure (15 percent). Get in touch with us. World Bank Estimates Trkiye Earthquake Damage Exceeds $34 billion. Rising Temperatures Are Wreaking Havoc Year-Round - Bloomberg.com Direct access to our data from your apps using any programing language. . Profligate use is shown in a pie chart of the global sum of all water withdrawals. to incorporate the statistic into your presentation at any time. Others include: Furnishings, Household Equipment & Routine Maintenance (9%); Hotels, Cafes & Restaurants (7%); Clothing & Footwear (6%); and Miscellaneous Goods & Services (5%). U.S Treasurys: investors await Fed speaker comments, economic data - CNBC The government says wheat crops have staged a full recovery hitting a record high of 112.7 million tons in 2023, compared with 107.7 million tons in 2022. Please check your download folder. Currently, you are using a shared account. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The table below displays max and min temperature and rain data for the whole year as an average taken from last 12+ years of historical data for Istanbul. Chart. Stock market today: Live updates - CNBC In, IMF. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. The temperature hovers around 22c. Employment, GDP, inflation rates, housing, consumer spending and much more. Turkey GDP Per Capita 1960-2023 | MacroTrends Since the 1950s, Istanbul's population has increased from 1 million to about 10 million residents. The economy of Istanbul is the lifeblood of the Turkish economy. Istanbul does have a favourable demographic outlook, with the citys young population supporting strong labour force growth. Due to varying update cycles, statistics can display more up-to-date Agricultural use makes up 70 percent, while industrial use makes up 19 percent, and municipal use is at 11 . [15] Istanbul's conference appeal developed with three separate conference and exhibition areas: The "Conference Valley" (Istanbul Convention & Exhibition Center, Istanbul Hilton Convention & Exhibition Center, the Military Museum Cultural Center and the Cemal Reit Rey Concert Hall); The Airport & Exhibition District (150,000 m2 (1.6 m sq ft) of exhibition space around the CNR International Expo Center); and the Business & Financial District (with many distributed centers). If you are an admin, please authenticate by logging in again. Japan trade data dims growth prospects as China leads decline in - CNBC In Istanbul, Turkey's largest city and most expensive housing market, the average house price soared by 193.9% during the year to November 2022 to TRY 26,904 (US$1,432) per sq. Demographics of Istanbul - Wikipedia and over 1Mio. Profit from the additional features of your individual account. [Online]. Inflation ticked down to 38.2% in June from 39.6% in May due to softer price pressure for transportation and housing and utilities. Please create an employee account to be able to mark statistics as favorites. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information The change in Istanbul's living standards is a direct reflection of the nation's statistics as the 27.5% share of the total consumption in Turkey is performed by the population of Istanbul. This field is for validation purposes and should be left unchanged. [4], Income distribution is not evenly distributed in Istanbul, such that 20% of the highest income group uses 64% of the resources and 20% of the lowest income group uses 4% of the resources (based on 1994 statistics).[5]. This chart displays Economic Growth (GDP, annual variation in %) for Turkey from 2013 to 2022. Textiles and clothing industry in Turkey - statistics & facts Standard users can export data in a easy to use web interface or using an excel add-in. Over the medium term (2022-26) we expect Istanbuls GDP growth to average 2.7% per year, placing the Turkish capital in the middle tier of our European city rankings. April 7, 2023. Directly accessible data for 170 industries from 150+ countries Language links are at the top of the page across from the title. Istanbul, Turkey Metro Area Population 1950-2023 | MacroTrends Turkey gdp per capita for 2021 was $9,661, a 12.85% increase from 2020. Inaugurated at the beginning of 1986, the Istanbul Stock Exchange (ISE) is the sole securities market of Turkey, established to provide trading in equities, right coupons, Government bonds, Treasury bills, revenue sharing certificates, bonds issued by the Privatization Administration and corporate bonds, and to carry out overnight transactions. [8], In 1993 the ISE decided on gold market liberalization, and in 1995 the Istanbul Gold Exchange was established, which ended the gold bullion imports monopoly of the Turkish Central Bank and transferred it to the private sector members of the gold exchange.[9]. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Turkey: travel & tourism's total GDP contribution 2021 | Statista facts. In . Treasury Sanctions Two Syria-Based Militias Responsible for Serious Turkey: Gross domestic product (GDP) in current prices from 1987 to 2028 (in billion U.S. dollars) [Graph]. [6], Istanbul has always been the "financial capital" of Turkey, even after Ankara became the new political capital in 1923. Istanbul is a migrant city. Republic of Trkiye - IMF Jun 9, 2023 Gross domestic product is the total value of all goods and services produced in a country in a year. Istanbul is the "industrial center" of Turkey. Economy of Istanbul covers the issues related to the economy of the city of Istanbul, Turkey. Istanbul: Historical Weather Data | All About Turkey economic growth and improved living standards. Projections 0.00 2.00 4.00 6.00 Annual Change 1.36% 2023 Figures prior to 2020 were previously published by the source. The Dow Jones Industrial Average dropped 290. . Then you can access your favorite statistics via the star in the header. Use Ask Statista Research Service. ", TurkStat, Annual tourism income in Turkey from 2001 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/920806/total-tourism-income-in-turkey/ (last visited August 22, 2023), Annual tourism income in Turkey from 2001 to 2022 (in billion U.S. dollars) [Graph], TurkStat, April 28, 2023. Request your free sample report now. Learn more about how Statista can support your business. Compared to the previous quarter, the economy expanded 0.3%. Index performance for Borsa Istanbul 100 Index (XU100) including value, chart, profile & other market data. Access essential information in the shortest possible time. Organisation for Economic. Almost 200,000 new immigrants, many of them from Turkey's own villages, continue to arrive each year. Istanbul is also one of the world's major conference destinations and is an increasingly popular choice for the world's leading international associations. The Turkish economy expanded 4% year-on-year in the first quarter of 2023, slightly higher than 3.5% in the previous period and compared to forecasts of 3.9%. TCMB - Consumer Prices - Trkiye Cumhuriyet Merkez Bankas ISTANBUL, Nov 3 (Reuters) - Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below forecast, after the central bank cut its . Free and open access to global development data. It was the capital of both the Byzantine Empire and the Ottoman Empire. Latest available data for a fixed period, Economic Indicators - Charts and Data | MacroTrends At 4:27 am ET, the yield on the . Copy the URL to open this chart with all your selections. Advanced users can use our Python/R/Matlab packages. API users can feed a custom application. The S&P 500 index is up nearly 17% year to date, and the Nasdaq composite is more than 30% higher. Monitor macro events and their potential impact. The Istanbul Chamber of Industry Manufacturing Purchasing Managers Index (PMI) came in at 49.9 in July, down from Junes 51.5. Business confidence fell to 106.8 in July from Junes 108.2. Earlier this year, Abdelrahman and Oliveira published research estimating $500 billion of excess savings remained on household balance sheets as of March 2023, after peaking at $2.1 trillion in . The major earthquake which was epicentered in nearby Kocaeli on 17 August 1999, triggered one of the largest economic shocks for the city. [3], According to Forbes magazine, Istanbul had a total of 37 billionaires in 2013, ranking 5th in the world behind Moscow (84 billionaires), New York City (62 billionaires), Hong Kong (43 billionaires) and London (43 billionaires). Based on annual weather averages for Istanbul, the best month to go for holiday is June and August. Following this setback, a slow reorganization of the economy of Istanbul was observed in 1999. 2019). [1], In 2008, companies based in Istanbul made exports worth $41,397,000,000 and imports worth $69,883,000,000; which corresponded to 56.6% and 60.2% of Turkey's exports and imports, respectively, in that year. * Estimate.The values have been rounded to provide a better understanding of the statistic. COVID-19: impact on the tourism industry worldwide, Get the best reports to understand your industry, Travel and tourism in the United Kingdom (UK). Compared to the previous quarter, the economy grew by 0.9%, rebounding from a 0.1% decline in the third quarter. Exports to Asia plunged . Advanced users can use our Python/R/Matlab packages. [2] Use this code to embed the country dashboard into your website. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 39,000+ online stores and marketplaces. Economy of Istanbul - Wikipedia White label accounts can distribute our data. An auto sales company owned by the leader of one of the armed groups is also being . At the same time, exports rose at a softer 12.6% (vs 16.4%) while imports jumped 12.2% (vs 5.8%). The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Travel and tourism's total contribution to GDP in Turkey 2019-2021, Travel and tourism's total contribution to employment in Turkey 2019-2021, Number of international tourist arrivals in Turkey 2000-2022, Total contribution of travel and tourism to GDP in Turkey from 2019 to 2021 (in billion Turkish liras), Share of the GDP of the tourism sector in Turkey 2013-2028, Share of the GDP of the tourism sector in Turkey from 2013 to 2028, Distribution of travel and tourism expenditure in Turkey 2019-2021, by type, Distribution of travel and tourism spending in Turkey in 2019 and 2021, by type, Distribution of travel and tourism expenditure in Turkey 2019-2021, by tourist type, Distribution of travel and tourism spending in Turkey in 2019 and 2021, by type of tourist, Annual tourism income in Turkey from 2001 to 2022 (in billion U.S. dollars), Tourism income in Turkey 2019-2022, by type of expenditure, Annual income from tourism in Turkey from 2019 to 2022, by type of expenditure (in million U.S. dollars), Total contribution of travel and tourism to employment in Turkey from 2019 to 2021 (in million jobs), Number of employees in tourism industries in Turkey 2015-2021, by service, Number of employees in tourism industries in Turkey from 2015 to 2021, by service (in 1,000s), Inbound visitor arrivals in Turkey 2008-2022, Number of inbound visitor arrivals in Turkey from 2008 to 2022 (in 1,000s), Number of international visitors arriving in Turkey from 2000 to 2022 (in 1,000s), Inbound day visitor arrivals in Turkey 2008-2022, Number of inbound excursionists arriving in Turkey from 2008 to 2022 (in 1,000s), Number of foreign tourist arrivals in Turkey monthly 2020-2023, Number of foreign tourist arrivals in Turkey from January 2020 to April 2023 (in 1,000s), Number of international visitors in Turkey 2019-2021, by purpose of visit, Number of international visitors in Turkey from 2019 to 2021, by purpose of visit (in 1,000s), Leading inbound travel markets in Turkey 2019-2022, Leading international travel markets in Turkey from 2019 to 2022, by number of arrivals (in 1,000s), Inbound tourist expenditure in Turkey Q1 2017-Q4 2021, Quarterly expenditure of inbound tourists in Turkey from 1st quarter 2017 to 4th quarter 2021 (in billion U.S. dollars), Average tourist expenditure per capita of inbound visitors in Turkey 2003-2022, Average tourist expenditure per capita of inbound tourists in Turkey from 2003 to 2022 (in U.S. dollars), Number of domestic trips in Turkey 2009-2022, Number of domestic trips in Turkey from 2009 to 2022 (in millions), Domestic overnight stays in Turkey 2009-2022, Number of domestic overnight stays in Turkey from 2009 to 2022 (in millions), Average number of domestic overnight stays in Turkey 2022, by age group, Average number of overnight stays by domestic visitors in Turkey in 2022, by age group, Domestic tourism spending in Turkey 2019-2022, by type, Domestic tourism expenditure in Turkey from 2019 to 2022, by type (in billion Turkish liras), Domestic tourism expenditure on leisure and vacation trips in Turkey 2009-2022, Annual expenditure on domestic leisure and vacation trips in Turkey from 2009 to 2022 (in billion Turkish liras), Number of residents traveling abroad from Turkey 2006-2022, Number of citizens visiting destinations abroad from Turkey from 2006 to 2022 (in 1,000s), Leading outbound destinations visited by residents of Turkey 2019-2022, Number of citizens visiting destinations abroad from Turkey in 2019 and 2022, by country (in 1,000s), Overnight stays of Turkish citizens traveling abroad 2019-2022, by accommodation type, Number of overnight stays by citizens visiting destinations abroad from Turkey from 2019 to 2022, by accommodation type (in millions), Outbound tourism expenditure from Turkey 2003-2022, Annual expenditure of outbound tourists from Turkey from 2003 to 2022 (in billion U.S. dollars), Outbound tourist expenditure from Turkey Q1 2017-Q4 2022, Expenditure of outbound tourists from Turkey from 1st quarter 2017 to 4th quarter 2022 (in million U.S. dollars), Average tourist expenditure per capita of outbound travelers from Turkey 2003-2022, Average tourist expenditure per capita of outbound visitors from Turkey from 2003 to 2022 (in U.S. dollars), Number of arrivals to tourist accommodations in Turkey 2013-2022, Number of arrivals to tourist accommodations in Turkey from 2013 to 2022 (in millions), Number of arrivals to tourist accommodations in Turkey 2022, by type of establishment, Number of arrivals to tourist accommodations in Turkey in 2022, by type of establishment (in 1,000s), Inbound overnight hotel stays in Turkey 2014-2022, Number of international overnight stays in hotel accommodations in Turkey from 2014 to 2022 (in 1,000s), Number of hotel rooms in Turkey 2010-2021, Number of rooms in hotels and similar establishments in Turkey from 2010 to 2021 (in 1,000s), Number of hotel bed-places in Turkey 2010-2021, Total number of bed-places in hotels and similar accommodation in Turkey from 2010 to 2021 (in 1,000s), Occupancy rate of star-rated hotels in Turkey 2022, by rating, Occupancy rate of star-rated hotels in Turkey in 2022, by hotel rating, Leading European city tourism destinations 2019-2021, by number of bed nights, Leading city tourism destinations in Europe from 2019 to 2021, by number of bed nights (in millions), Most affordable cities for backpacking in Europe 2023, Most affordable cities for backpacking in Europe as of January 2023, by daily price index (in U.S. dollars), Most competitive European cities for business events 2021, Leading city destinations for international conventions in Europe in 2021 (index score), Most visited destinations by international tourists in Turkey 2019-2022, Leading destinations among international tourists in Turkey from 2019 to 2022, by number of visitors (in 1,000s), Number of foreign tourist arrivals to Istanbul 2014-2022, Annual number of foreign tourist arrivals in Istanbul from 2014 to 2022 (in 1,000s), Number of foreign tourist arrivals to Istanbul 2020-2023, Number of foreign tourist arrivals in Istanbul from January 2020 to April 2023 (in 1,000s), Overnight accommodation costs in Istanbul 2019-2022, by month, Average cost of overnight accommodation in Istanbul, Turkey from 2019 to 2022, by month (in euros), Leading museums in Istanbul in 2022, by number of visitors, Attitudes towards traveling in Turkey 2023, Attitudes towards traveling in Turkey as of March 2023, Travel frequency for private purposes in Turkey 2023, Travel frequency for private purposes in Turkey as of March 2023, Travel frequency for business purposes in Turkey 2023, Travel frequency for business purposes in Turkey as of March 2023, Travel product bookings in Turkey as of March 2023. The Asian financial crisis between July 1997 and the beginning of 1998, as well as the crisis in Russia between August 1998 and the middle of 1999 had negative effects in all areas of the economy, particularly on exports. Overall, tourism spending by. We are happy to help. Gross domestic product (GDP) growth in Turkey 2028, Share of economic sectors in gross domestic product in Turkey 2011-2021. U.S. Treasury yields climbed on Monday as investors braced themselves for comments from Federal Reserve officials and economic reports expected throughout the week. Difficulties in the proximity of some of these varied business have been encountered in the past, such as the 2008 Istanbul fireworks explosion which was exacerbated by the close proximity of a paint factory. Continued Jobless Claims . "Annual tourism income in Turkey from 2001 to 2022 (in billion U.S. Standard users can export data in a easy to use web interface or using an excel add-in. Istanbul | History, Population, Map, & Facts | Britannica Turkey Crime Rate & Statistics 2003-2023 | MacroTrends GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Trading Economics welcomes candidates from around the world. Modern Turkey was founded in 1923 from the remnants of the defeated Ottoman Empire by national hero Mustafa KEMAL, who was later honored with the title Ataturk or "Father of the Turks." Under his leadership, the country adopted radical social, legal, and political reforms. Learn more about how Statista can support your business. It employs approximately 20% of Turkey's industrial labor and contributes 38% of Turkey's industrial workspace. Julys result marked the worst reading since January On 20 July, the Central Bank of the Republic of Turkey (CBRT) decided to increase the one-week repo rate to Industrial output fell 0.2% in year-on-year terms in May, which was a less pronounced contraction than Aprils 1.2% decrease. IMF. Turkey crime rate & statistics for 2018 was 2.61, a 15.69% decline from 2017. facts. For 2023, the World Bank recently said the two very large earthquakes of February 6 caused an estimated $34.2 billion in direct physical damages, the equivalent of 4% of the countrys 2021 GDP. Trkiye - OECD Data Public spending increased 5.3%, gross fixed capital formation 4.9% and the construction sector 5.1%. The World Bank in Trkiye: Development news, research, data | World Bank What are 'Big Short' Michael Burry and Warren Buffett seeing that we We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Summary Forecast Stats Download Turkey's monthly gross minimum wage will be 13,414 lira ($568) in the second half of 2023, 34% higher than 10,008 lira determined last December, Vedat Isikhan, Minister of Labor and Social Security, announced on June 20th. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. In 2006 a total of 23,148,669 tourists visited Turkey, most of whom entered the country through the airports and seaports of Istanbul and Antalya. As of August 2018, almost one-third of office space in Turkey's commercial capital of Istanbul lies vacant, and office rental prices across all segments have fallen sharply. White label accounts can distribute our data. After a period of one-party rule, an experiment with multi-party . Show sources information 1-Aug-23 Turkey: Manufacturing PMI records worst reading since December 2022 in July (Year to Year % Changes) CPI (Month to Month % Changes) 12-2004: 9.32: 0.45: 11-2004: 9.79: 1.54: 10-2004: 9 . Directly accessible data for 170 industries from 150+ countries [13] This number increased to 10.5 Million in 2011 with the booming Turkish tourism. Istanbul was hit hard by the 2018 Turkish currency and debt crisis.

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