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Turkey at a Glance

Economy:

    National product: GDP - purchasing power parity - $305.2 billion (1994 est.)
    National product real growth rate: -5% (1994 est.)
    National product per capita: $4,910 (1994 est.)
    Inflation rate (consumer prices): 106% (1994)
    Unemployment rate: 12.6% (1994)
    Exports: $15.3 billion (f.o.b., 1993)
    Commodities: manufactured products 72%, foodstuffs 23%, mining products 4% (1993)
    Partners: Germany 24%, Russia 7%, US 7%, UK 6% (1993)
    Imports: $27.6 billion (f.o.b., 1993)
    Commodities: manufactured products 71%, fuels 14%, foodstuffs 6% (1993)
    Partners: Germany 15%, US 11%, Italy 9%,
    Russia 8% (1993)
    External debt: $66.6 billion (1994)
    Industrial production: growth rate 6.7% (1993); accounts for 26% of GDP
    Electricity: Capacity: 18,710,000 kW
    Production: 71 billion kWh
    Consumption per capita: 1,079 kWh (1993)
    Industries: textiles, food processing, mining (coal, chromite, copper, boron), steel, petroleum, construction, lumber, paper.
    Agriculture: accounts for 16% of GDP; products - tobacco, cotton, grain, olives, sugar beets, pulses, citrus fruit, variety of animal products; self-sufficient in food most years.
    Currency: 1 Turkish lira (TL) = 100 kurus
    Exchange rates:
    Turkish liras (TL) per US$1 -
    1997: December 1996:
    May 1996: 78,000 1995:
    December 1994: 37,444.1 1994: 29,608.7
    1993: 10,984.6 1992: 6,872.4
    1991: 4,171.8 1990: 2,608.6
    1980 (January 24): 71.00 1979 December: 47.00
    Fiscal year: Calendar year



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