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Emerging Economies Turkiye - Global Citizenship

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syedmutahirbsu
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14 views15 pages

Emerging Economies Turkiye - Global Citizenship

Uploaded by

syedmutahirbsu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Emerging Economies: What's changing?

Turkey
Made by syedmutahir rizwan
Introduction

This presentation aims to show how living standards have improved from past years in one of the
emerging economies that is Turkey. Turkey is one of emerging economies with its location on the border
of europe and asia and its historical influence in middle east ,shapes its economy culture
Turkiye economy

Türkiye's development over the past two decades has been impressive, with real GDP growth
averaging 5.4% from 2002 to 2022, more than doubling income per capita. This growth also
significantly reduced poverty, halving the rate from over 20% in 2007 to below 10% in 2021.
In terms of employment, about 48% of people aged 15 to 64 in Türkiye have a paid job this shows that many people
live a better standards of living 2023, the total contribution of travel and tourism to Turkey’s GDP amounted to
more than 1.7 trillion Turkish lira.

Türkiye is the 17th largest economy in the world, according to the IMF, with a GDP of $1.024 trillion as of
2023
Living standards

The living standard is much better as compared to neigbour countries like syria Iraq people have jobs
which means that that they have a earning urkey gdp per capita for 2023 was $12,986, a
21.65% increase from 2022.
urkey gdp per capita for 2023
was $12,986, a 21.65% increase
from 2022.

statistics

m
The other picture

Although the income per capita has increased past year they are still some problem faced by
citizens like inflation due to recent natural catastrophes turkey faced like earthquake

These factors have caused inflation many problem specially for pensioner and also for widows e tc

Turkey Inflation Rate Down to


61.8%The annual inflation rate in Turkey dropped to 61.78% in July 2024, down from
71.6% in June and below the market forecast of 62.1%. This marked the second
slowdown in consumer price growth and was the lowest
Documentary on inflation

https://youtu.be/OU3pxZTzFnQ?si=jyExgpGzTa-duvt2

Here is an documentary by aljazeera further highlighting the effects on inflation


Conclusion

Although Turkey has received high rates of gdp to factors like tourism and per capita income has also
increased but they are factors like inflation which is a huddle in the way of turkey to become a fully
developed country . Taking initiatives to solve the inflation problem could lead Turkey becoming a fully
developed country .
Resources

World bank website

https://www.worldbank.org/en/country/turkey/overview

Statistics for tourism

https://www.statista.com/topics/9676/travel-and-tourism-in-turkey/#topicOverview

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