Economic Trivia

The agriculture sector accounts for 25% of employment.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2018): Germany, Russia, and China
Top 3 Exported Goods (2018): Motor Vehicles & Parts, Industrial Machinery, and Iron & Steel

Top Industries Source: CIA World Factbook

Textiles; Food Processing; Autos; Electronics

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $2,296,104,297,946 (2018)
GDP Growth Rate (annual %) 2.567% (2018)
GDP Per Capita, PPP (current international) $27,893 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 13/196 (2018)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 16.332% (2018)
External debt stocks, total (DOD, current US$) $445,139,146,166 (2018)
Total tax rate (% of commercial profits) 40.9% (2018)
Real Interest Rate (5 year average %) Data unavailable
Manufacturing, value added (% of GDP) 19.058% (2018)
Current Account Balance (BoP, current US$) ($27,252,000,000) (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 32,579,794 (2018)
Employment in Agriculture (% of total employment) 19.2% (2018)
Employment in Industry (% of total employment) 26.322% (2018)
Employment in Services (% of total employment) 54.478% (2018)
Unemployment Rate 10.895% (2018)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $236,010,471,567 (2018)
Exports of goods and services (current US$) $226,981,860,165 (2018)
Total Merchandise Trade (% of GDP) 51.012% (2018)
FDI, net inflows (BoP, current US$) $13,044,000,000 (2018)
Commercial Service Exports (current US$) $48,203,000,000 (2018)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Turkey’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank