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Category Archives: Statistics

Turkey’s Foreign Trade Deficit Falls by 4.7% in January

Turkey's foreign trade deficit fell by 4.7% year on year in January to $7 billion, according to the Turkish statistics bureau. The figures were welcome news especially as exports increased by 8.6% year on year to reach $10.4 billion, whereas imports rose by a mere 2.8% to reach $17.4 billion,...

Posted on 01 March 2012

Turkey’s tourism income up by 10 percent

Istanbul, 31 January 2012 - According to Turkish Statistical Institute Turkey’s tourism income rose by over 10 percent in 2011 (from 2010) reaching 23 billion USD. The UN World Tourism Organization ranks Turkey seventh in the world for the most visited destination. With the number of visitors to Turkey increasing...

Posted on 31 January 2012

Turkey Starts 2012 One of Strongest Economies in World

We all heard a lot about the Turkish economy in 2011 I know I wrote a lot about it and the reports are still coming in now. As always, it takes time to prepare final figures for the entire year, but if the reports we have seen so far are...

Posted on 11 January 2012

Foreign visitors flock to Istanbul

6 January 2012, Istanbul - In 2011 Turkey received over 30 million visitors making it the 7th most popular destination in the world. Of this 30 million 8 million people visited the stunning city of Istanbul according its Culture and Tourism department number. This number shows an increase of over...

Posted on 06 January 2012

Turkish Airlines Istanbul Ataturk Now Most Diverse Hub in Europe

From its hub at Istanbul Ataturk, Turkish Airlines now offers a wider range of non-stop flights than any other carrier does from a single airport. Turkish Airlines now flies non-stop from Ataturk to 172 destinations around the world, leaving its nearest competitor Lufthansa some way behind flying to 158 destinations...

Posted on 10 November 2011

British Airways Looks to Increase Istanbul Flights

British Airlines is looking to further increase the number of transit flights to and from Istanbul, according to a manager with the firm. Gavin Halliday, who is the general manager of the firm's Europe and Africa operations said: "Not only has the number of people visiting Turkey increased, the number...

Posted on 03 November 2011

Turkish Tourism Looks Set for 30m Target

According to the latest data tourism to Turkey is continuing to grow strongly. The Culture and Tourism Ministry has just released data on the first nine months of this year, showing tourism up 10.67% compared to the same period last year. This is slower than the 12% year on year...

Posted on 27 October 2011

Turkey Property Boom Looks Set to Continue/Expand

The fact that the Turkish property market is booming this year is in little doubt, but there is increasing evidence that even with its rapid growth of late, that it could still be accelerating further. According to the latest data from the Turkish real estate investing partners association in conjunction...

Posted on 13 October 2011

Turkey’s GDP growth up

12 September 2011 – The latest figures from Turkstat (Turkish Statistical Institute) shows Turkey’s GDP increased to 203 Billion USD in the second quarter of 2011, a 8.8 percent increase over the same period in 2010, whereas the international finance markets had been expecting around 6.5 percent for Q2 in...

Posted on 12 September 2011

Merrill Lynch Predicts Strong Growth in Turkey over next 10 Years

In a new report, investment banking giant Merrill Lynch predicts that Turkey will be the fastest growing economy in the EMEA region -- Europe, Middle East and Africa -- the coming 10 years, with fellow emerging markets South Africa and Saudi Arabia not far behind. "Based on an analysis of...

Posted on 02 September 2011