GDP growth has been resilient in Turkey in recent years despite many global and regional headwinds. Annual growth averaged 4.4% in the last four years. Compared to before the global crisis (to 2007) real GDP is 33% higher and 6.4 million net new jobs have been created. This comfortably puts Turkey near the top of the class in terms of post-crisis performance amongst OECD countries.
Turkey’s economy has proven remarkably resilient in the face of a challenging global economic context. However, further action can be taken to raise productivity and advance the shift to a more balanced, sustainable and stronger growth path that will boost living standards for the entire population, according to the latest OECD Economic Survey of Turkey.
This database provides information on environmentally related taxes, fees and charges, tradable permit systems, deposit refund systems, environmentally motivated subsidies and voluntary approaches used in environmental policy in OECD member countries and a number of other countries. Developed in co-operation between the OECD and the European Environment Agency.
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SMEs are a key part of Turkey’s economy. The value-added created by SMEs increased by around 6% in the post-crisis period and employment in SMEs grew by around 9%. Turkey has enacted reforms to its company registration and insolvency procedures, which were costly and complex compared to other OECD countries. The effectiveness of these measures should be evaluated and further steps taken if necessary to stimulate business development.
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The dynamism of Turkey’s business sector played a vital role in the country’s economic growth in the 2000s. However, because of competition-unfriendly product market regulations markets have not reaped the full benefits of this dynamism. Turkish authorities can help unlock growth potential by reviewing regulations and identifying where malfunctions are occurring.
Turkey, an OECD member country, has endured several attacks in recent times. Each of these deeds is an offense to our collective freedoms, values and way of living. We categorically condemn these terrible acts.
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The Survey of Adult Skills (PIAAC) directly measures proficiency in several information-processing skills – namely literacy, numeracy and problem solving in technology-rich environments.
Data on government support to agriculture in the OECD area and other major economies, measured by the Producer Support Estimate (PSE) and Consumer Support Estimate.
Biographical note of Turkey's Permanent Representative to the OECD.
The answer to the question "how's life?" depends on where you live. The factors that determine well-being can vary dramatically across the same country so national averages may not provide the full picture. See our regional indicators to see exactly how life is being lived.