Turkish Economy - News & Updates

🔴 After Donald Trump won the US presidency, the index that rose the most in the world was Borsa Istanbul.

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Trump's election is a godsend for the current Turkish government.
 
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Newly industrialized Countries

GDP PPP per capita in 2023 World Bank
Turkiye : ( $44.151 per capita )
Mexico : ( $25,602per capita )
China : ( $24,558 per capita )
Brazil : ( $20,584 per capita )
Indonesia : ( $15,613 per capita )
India : ( $10,176 per capita )


Human development index
Turkiye : 855
China : 788
India : 644

 
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Turkish exports to Syria rose 20% in December and jumped by more than 38% in January, Turkish Exporters Assembly data show.

Turkish machinery exports there soared 244% last month, while cement, glass and ceramics jumped 92% and metals rose 73%. Fruit and vegetable exports also more than tripled.
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Türkiye's exports to its neighboring countries, including Azerbaijan, Bulgaria, Georgia, Iran, Iraq, Syria, and Greece, reached a record $34.2 billion in 2024, marking a 7.4% increase from the previous year. Iraq was the largest recipient, accounting for nearly a third of the exports. Notable growth was seen in exports to Bulgaria (21.9%) and Greece (15.5%). Overall, Türkiye's total exports in 2024 hit $262 billion, with significant increases in shipments of mineral fuels, machinery, and electrical devices. The only decrease occurred in exports to Iran, which fell by 0.5%.

 
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