World Economic Outlook Database, April 2013

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       Shaded cells indicate IMF staff estimates
CountrySubject DescriptorUnitsScaleCountry/Series-specific Notes20112012201320142015201620172018
TurkeyGross domestic product, constant pricesNational currencyBillionsSource: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2011. For quarterly data, latest actual is 2012Q3.
National accounts manual used: ESA 1995. Series prior to 1998 were not revised according to ESA 1995.
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1998
Chain-weighted: No
Primary domestic currency: Turkish lira
Data last updated: 03/2013114.889117.898121.942126.492131.979137.784143.948150.387
TurkeyGross domestic product, constant pricesPercent change See notes for: 
Gross domestic product, constant prices (National currency).8.5032.6193.4293.7324.3384.3984.4734.473
TurkeyGross domestic product, current pricesNational currencyBillionsSource: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2011. For quarterly data, latest actual is 2012Q3.
National accounts manual used: ESA 1995. Series prior to 1998 were not revised according to ESA 1995.
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1998
Chain-weighted: No
Primary domestic currency: Turkish lira
Data last updated: 03/20131,298.0621,427.1071,569.9371,721.9501,882.7702,056.9242,246.3722,453.079
TurkeyGross domestic product, current pricesU.S. dollarsBillionsSee notes for: 
Gross domestic product, current prices (National currency).774.336794.468851.817882.016941.3851,028.4621,123.1861,226.540
TurkeyGross domestic product per capita, constant pricesNational currencyUnitsSee notes for: 
Gross domestic product, constant prices (National currency)
Population (Persons).1,553.6081,574.3931,608.4951,649.0331,700.7421,755.7061,814.3811,875.775
TurkeyGross domestic product per capita, current pricesNational currencyUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).17,553.23919,057.31820,708.56622,448.41224,262.19126,210.19628,314.30930,597.320
TurkeyGross domestic product per capita, current pricesU.S. dollarsUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).10,471.06910,609.17811,236.05511,498.50112,131.09613,105.09914,157.15515,298.661
TurkeyGross domestic product based on purchasing-power-parity (PPP) valuation of country GDPCurrent international dollarBillionsSee notes for: 
Gross domestic product, current prices (National currency).1,075.4671,123.3801,181.0121,249.4371,329.9041,417.3081,512.5111,613.664
TurkeyGross domestic product based on purchasing-power-parity (PPP) per capita GDPCurrent international dollarUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).14,543.16315,001.40615,578.37916,288.43617,137.71418,059.93719,064.38920,127.272
TurkeyGross domestic product based on purchasing-power-parity (PPP) share of world totalPercent See notes for: 
Gross domestic product, current prices (National currency).1.3561.3511.3541.3511.3511.3511.3521.352
TurkeyTotal investmentPercent of GDP Source: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2011. For quarterly data, latest actual is 2012Q3.
National accounts manual used: ESA 1995. Series prior to 1998 were not revised according to ESA 1995.
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1998
Chain-weighted: No
Primary domestic currency: Turkish lira
Data last updated: 03/201323.82020.60020.95521.91322.19122.25122.37122.492
TurkeyGross national savingsPercent of GDP Source: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2011. For quarterly data, latest actual is 2012Q3.
National accounts manual used: ESA 1995. Series prior to 1998 were not revised according to ESA 1995.
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1998
Chain-weighted: No
Primary domestic currency: Turkish lira
Data last updated: 03/201314.12314.69214.15714.63514.77914.69114.41714.049
TurkeyInflation, average consumer pricesIndex Source: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2012. For quarterly data, latest actual is 2012Q4.
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2003
Primary domestic currency: Turkish lira
Data last updated: 03/2013189.946206.874220.614232.299243.919256.115268.920282.365
TurkeyInflation, average consumer pricesPercent change See notes for: 
Inflation, average consumer prices (Index).6.4728.9126.6425.2975.0025.0005.0005.000
TurkeyInflation, end of period consumer pricesIndex Source: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2012. For quarterly data, latest actual is 2012Q4.
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2003
Primary domestic currency: Turkish lira
Data last updated: 03/2013200.850213.695225.449236.730248.567260.995274.044287.746
TurkeyInflation, end of period consumer pricesPercent change See notes for: 
Inflation, end of period consumer prices (Index).10.4486.3955.5005.0045.0015.0005.0005.000
TurkeyVolume of imports of goods and servicesPercent change Source: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
Notes: Oil trade includes other energy trade such as fuel. Therefore, the price of oil imports and oil exports will differ from the WEO assumption since it includes the price of other energy items such as gas, etc. The weights are about 70 percent oil and 30 percent gas for 2011.
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Fisher. Trade volumes are the ratio of the value index to the Fisher unit value index (chain-weighted). The value indices are obtained as the ratio of current values to the arithmetic average of the base year values. Foreign trade indices have been calculated by Eurostat and U.N. concepts and methods.
Chain-weighted: Yes, from 2003. Unit value indices are chain-weighted, but volume indices are not.
Trade System: Special trade. Relaxed definition. Foreign trade statistics include goods which enter/leave the statistical territory of Turkey from/to other countries and are placed under the customs normal export and import procedures and under customs inward and outward processing procedures.
Excluded items in trade: In transit;Low valued;Other;. Excluded items include goods valued under $100, transit trade, temporary export/import trade, repair and maintenance of goods, operational leasing, shuttle trade, border trade, some transactions with declaration that are not goods (cash, valuable paper, stamps, monetary gold, etc.). Other exclusions include border and coastal trade. Customs warehouses, free zones, and duty-free shops in Turkey are considered beyond the customs frontier. Note that while Turkstat and the Central Bank of Turkey make estimates on shuttle trade for BOP data, these are not included in the foreign trade statistics disseminated by Turkstat.
Oil coverage: Primary or unrefined products;Secondary or refined products;Other;. All items covered.
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Turkish lira
Data last updated: 03/201311.285-0.57011.3307.1748.53910.15410.1559.929
TurkeyVolume of Imports of goodsPercent change Source: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
Notes: Oil trade includes other energy trade such as fuel. Therefore, the price of oil imports and oil exports will differ from the WEO assumption since it includes the price of other energy items such as gas, etc. The weights are about 70 percent oil and 30 percent gas for 2011.
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Fisher. Trade volumes are the ratio of the value index to the Fisher unit value index (chain-weighted). The value indices are obtained as the ratio of current values to the arithmetic average of the base year values. Foreign trade indices have been calculated by Eurostat and U.N. concepts and methods.
Chain-weighted: Yes, from 2003. Unit value indices are chain-weighted, but volume indices are not.
Trade System: Special trade. Relaxed definition. Foreign trade statistics include goods which enter/leave the statistical territory of Turkey from/to other countries and are placed under the customs normal export and import procedures and under customs inward and outward processing procedures.
Excluded items in trade: In transit;Low valued;Other;. Excluded items include goods valued under $100, transit trade, temporary export/import trade, repair and maintenance of goods, operational leasing, shuttle trade, border trade, some transactions with declaration that are not goods (cash, valuable paper, stamps, monetary gold, etc.). Other exclusions include border and coastal trade. Customs warehouses, free zones, and duty-free shops in Turkey are considered beyond the customs frontier. Note that while Turkstat and the Central Bank of Turkey make estimates on shuttle trade for BOP data, these are not included in the foreign trade statistics disseminated by Turkstat.
Oil coverage: Primary or unrefined products;Secondary or refined products;Other;. All items covered.
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Turkish lira
Data last updated: 03/201312.651-0.80911.8387.3588.87810.47410.45510.197
TurkeyVolume of exports of goods and servicesPercent change Source: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
Notes: Oil trade includes other energy trade such as fuel. Therefore, the price of oil imports and oil exports will differ from the WEO assumption since it includes the price of other energy items such as gas, etc. The weights are about 70 percent oil and 30 percent gas for 2011.
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Fisher. Trade volumes are the ratio of the value index to the Fisher unit value index (chain-weighted). The value indices are obtained as the ratio of current values to the arithmetic average of the base year values. Foreign trade indices have been calculated by Eurostat and U.N. concepts and methods.
Chain-weighted: Yes, from 2003. Unit value indices are chain-weighted, but volume indices are not.
Trade System: Special trade. Relaxed definition. Foreign trade statistics include goods which enter/leave the statistical territory of Turkey from/to other countries and are placed under the customs normal export and import procedures and under customs inward and outward processing procedures.
Excluded items in trade: In transit;Low valued;Other;. Excluded items include goods valued under $100, transit trade, temporary export/import trade, repair and maintenance of goods, operational leasing, shuttle trade, border trade, some transactions with declaration that are not goods (cash, valuable paper, stamps, monetary gold, etc.). Other exclusions include border and coastal trade. Customs warehouses, free zones, and duty-free shops in Turkey are considered beyond the customs frontier. Note that while Turkstat and the Central Bank of Turkey make estimates on shuttle trade for BOP data, these are not included in the foreign trade statistics disseminated by Turkstat.
Oil coverage: Primary or unrefined products;Secondary or refined products;Other;. All items covered.
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Turkish lira
Data last updated: 03/20135.95713.3183.1424.0104.9735.3065.4215.225
TurkeyVolume of exports of goodsPercent change Source: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
Notes: Oil trade includes other energy trade such as fuel. Therefore, the price of oil imports and oil exports will differ from the WEO assumption since it includes the price of other energy items such as gas, etc. The weights are about 70 percent oil and 30 percent gas for 2011.
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Fisher. Trade volumes are the ratio of the value index to the Fisher unit value index (chain-weighted). The value indices are obtained as the ratio of current values to the arithmetic average of the base year values. Foreign trade indices have been calculated by Eurostat and U.N. concepts and methods.
Chain-weighted: Yes, from 2003. Unit value indices are chain-weighted, but volume indices are not.
Trade System: Special trade. Relaxed definition. Foreign trade statistics include goods which enter/leave the statistical territory of Turkey from/to other countries and are placed under the customs normal export and import procedures and under customs inward and outward processing procedures.
Excluded items in trade: In transit;Low valued;Other;. Excluded items include goods valued under $100, transit trade, temporary export/import trade, repair and maintenance of goods, operational leasing, shuttle trade, border trade, some transactions with declaration that are not goods (cash, valuable paper, stamps, monetary gold, etc.). Other exclusions include border and coastal trade. Customs warehouses, free zones, and duty-free shops in Turkey are considered beyond the customs frontier. Note that while Turkstat and the Central Bank of Turkey make estimates on shuttle trade for BOP data, these are not included in the foreign trade statistics disseminated by Turkstat.
Oil coverage: Primary or unrefined products;Secondary or refined products;Other;. All items covered.
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Turkish lira
Data last updated: 03/20136.33616.3013.8945.4565.9015.5265.6545.754
TurkeyValue of oil importsU.S. dollarsBillionsSource: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
Notes: Oil trade includes other energy trade such as fuel. Therefore, the price of oil imports and oil exports will differ from the WEO assumption since it includes the price of other energy items such as gas, etc. The weights are about 70 percent oil and 30 percent gas for 2011.
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Fisher. Trade volumes are the ratio of the value index to the Fisher unit value index (chain-weighted). The value indices are obtained as the ratio of current values to the arithmetic average of the base year values. Foreign trade indices have been calculated by Eurostat and U.N. concepts and methods.
Chain-weighted: Yes, from 2003. Unit value indices are chain-weighted, but volume indices are not.
Trade System: Special trade. Relaxed definition. Foreign trade statistics include goods which enter/leave the statistical territory of Turkey from/to other countries and are placed under the customs normal export and import procedures and under customs inward and outward processing procedures.
Excluded items in trade: In transit;Low valued;Other;. Excluded items include goods valued under $100, transit trade, temporary export/import trade, repair and maintenance of goods, operational leasing, shuttle trade, border trade, some transactions with declaration that are not goods (cash, valuable paper, stamps, monetary gold, etc.). Other exclusions include border and coastal trade. Customs warehouses, free zones, and duty-free shops in Turkey are considered beyond the customs frontier. Note that while Turkstat and the Central Bank of Turkey make estimates on shuttle trade for BOP data, these are not included in the foreign trade statistics disseminated by Turkstat.
Oil coverage: Primary or unrefined products;Secondary or refined products;Other;. All items covered.
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Turkish lira
Data last updated: 03/201354.11860.11763.96164.39367.68273.77081.22289.027
TurkeyValue of oil exportsU.S. dollarsBillionsSource: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
Notes: Oil trade includes other energy trade such as fuel. Therefore, the price of oil imports and oil exports will differ from the WEO assumption since it includes the price of other energy items such as gas, etc. The weights are about 70 percent oil and 30 percent gas for 2011.
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Fisher. Trade volumes are the ratio of the value index to the Fisher unit value index (chain-weighted). The value indices are obtained as the ratio of current values to the arithmetic average of the base year values. Foreign trade indices have been calculated by Eurostat and U.N. concepts and methods.
Chain-weighted: Yes, from 2003. Unit value indices are chain-weighted, but volume indices are not.
Trade System: Special trade. Relaxed definition. Foreign trade statistics include goods which enter/leave the statistical territory of Turkey from/to other countries and are placed under the customs normal export and import procedures and under customs inward and outward processing procedures.
Excluded items in trade: In transit;Low valued;Other;. Excluded items include goods valued under $100, transit trade, temporary export/import trade, repair and maintenance of goods, operational leasing, shuttle trade, border trade, some transactions with declaration that are not goods (cash, valuable paper, stamps, monetary gold, etc.). Other exclusions include border and coastal trade. Customs warehouses, free zones, and duty-free shops in Turkey are considered beyond the customs frontier. Note that while Turkstat and the Central Bank of Turkey make estimates on shuttle trade for BOP data, these are not included in the foreign trade statistics disseminated by Turkstat.
Oil coverage: Primary or unrefined products;Secondary or refined products;Other;. All items covered.
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Turkish lira
Data last updated: 03/20136.5397.7088.4468.6689.0579.71510.41711.202
TurkeyUnemployment ratePercent of total labor force Source: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2012. For quarterly data, latest actual is 2012Q4.
Employment type: National definition
Primary domestic currency: Turkish lira
Data last updated: 03/20139.7929.2089.3859.4759.4759.4759.4759.475
TurkeyPopulationPersonsMillionsSource: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2012
Primary domestic currency: Turkish lira
Data last updated: 03/201373.95074.88575.81176.70777.60178.47879.33780.173
TurkeyGeneral government net debtNational currencyBillionsSource: Ministry of Finance
Latest actual data: 2011
Fiscal assumptions: Fiscal projections assume that current expenditures will be in line with the authorities’ 2012–14 Medium-Term Program but that capital expenditures will be exceeded, given projects initiated in 2011.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Nominal value
Primary domestic currency: Turkish lira
Data last updated: 03/2013406.623396.749423.704465.028503.768545.358588.078614.987
TurkeyGeneral government net debtPercent of GDP See notes for: 
General government net debt (National currency).31.32527.80126.98927.00626.75726.51326.17925.070
TurkeyGeneral government gross debtNational currencyBillionsSource: Ministry of Finance
Latest actual data: 2011
Fiscal assumptions: Fiscal projections assume that current expenditures will be in line with the authorities’ 2012–14 Medium-Term Program but that capital expenditures will be exceeded, given projects initiated in 2011.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Nominal value
Primary domestic currency: Turkish lira
Data last updated: 03/2013509.400519.226557.289609.261660.642716.341774.633818.613
TurkeyGeneral government gross debtPercent of GDP See notes for: 
General government gross debt (National currency).39.24336.38335.49835.38235.08934.82634.48433.371
TurkeyGross domestic product corresponding to fiscal year, current pricesNational currencyBillionsSource: Ministry of Finance
Latest actual data: 2011
Fiscal assumptions: Fiscal projections assume that current expenditures will be in line with the authorities’ 2012–14 Medium-Term Program but that capital expenditures will be exceeded, given projects initiated in 2011.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Nominal value
Primary domestic currency: Turkish lira
Data last updated: 03/20131,298.0621,427.1071,569.9371,721.9501,882.7702,056.9242,246.3722,453.079
TurkeyCurrent account balanceU.S. dollarsBillionsSource: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
BOP Manual used: BPM 5
Primary domestic currency: Turkish lira
Data last updated: 03/2013-75.092-46.935-57.906-64.190-69.776-77.744-89.341-103.552
TurkeyCurrent account balancePercent of GDP See notes for: 
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).-9.698-5.908-6.798-7.278-7.412-7.559-7.954-8.443
Notes
  Country/Series-specific Notes  
  Turkey: Gross domestic product, constant prices (National currency)
Source: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2011. For quarterly data, latest actual is 2012Q3.
National accounts manual used: ESA 1995. Series prior to 1998 were not revised according to ESA 1995.
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1998
Chain-weighted: No
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Gross domestic product, constant prices (Percent change)
See notes for:
Gross domestic product, constant prices (National currency).


Turkey: Gross domestic product, current prices (National currency)
Source: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2011. For quarterly data, latest actual is 2012Q3.
National accounts manual used: ESA 1995. Series prior to 1998 were not revised according to ESA 1995.
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1998
Chain-weighted: No
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Gross domestic product, current prices (U.S. dollars)
See notes for:
Gross domestic product, current prices (National currency).


Turkey: Gross domestic product per capita, constant prices (National currency)
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).


Turkey: Gross domestic product per capita, current prices (National currency)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


Turkey: Gross domestic product per capita, current prices (U.S. dollars)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


Turkey: Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP (Current international dollar)
See notes for:
Gross domestic product, current prices (National currency).


Turkey: Gross domestic product based on purchasing-power-parity (PPP) per capita GDP (Current international dollar)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


Turkey: Gross domestic product based on purchasing-power-parity (PPP) share of world total (Percent)
See notes for:
Gross domestic product, current prices (National currency).


Turkey: Total investment (Percent of GDP)
Source: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2011. For quarterly data, latest actual is 2012Q3.
National accounts manual used: ESA 1995. Series prior to 1998 were not revised according to ESA 1995.
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1998
Chain-weighted: No
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Gross national savings (Percent of GDP)
Source: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2011. For quarterly data, latest actual is 2012Q3.
National accounts manual used: ESA 1995. Series prior to 1998 were not revised according to ESA 1995.
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1998
Chain-weighted: No
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Inflation, average consumer prices (Index)
Source: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2012. For quarterly data, latest actual is 2012Q4.
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2003
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Inflation, average consumer prices (Percent change)
See notes for:
Inflation, average consumer prices (Index).


Turkey: Inflation, end of period consumer prices (Index)
Source: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2012. For quarterly data, latest actual is 2012Q4.
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2003
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Inflation, end of period consumer prices (Percent change)
See notes for:
Inflation, end of period consumer prices (Index).


Turkey: Volume of imports of goods and services (Percent change)
Source: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
Notes: Oil trade includes other energy trade such as fuel. Therefore, the price of oil imports and oil exports will differ from the WEO assumption since it includes the price of other energy items such as gas, etc. The weights are about 70 percent oil and 30 percent gas for 2011.
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Fisher. Trade volumes are the ratio of the value index to the Fisher unit value index (chain-weighted). The value indices are obtained as the ratio of current values to the arithmetic average of the base year values. Foreign trade indices have been calculated by Eurostat and U.N. concepts and methods.
Chain-weighted: Yes, from 2003. Unit value indices are chain-weighted, but volume indices are not.
Trade System: Special trade. Relaxed definition. Foreign trade statistics include goods which enter/leave the statistical territory of Turkey from/to other countries and are placed under the customs normal export and import procedures and under customs inward and outward processing procedures.
Excluded items in trade: In transit;Low valued;Other;. Excluded items include goods valued under $100, transit trade, temporary export/import trade, repair and maintenance of goods, operational leasing, shuttle trade, border trade, some transactions with declaration that are not goods (cash, valuable paper, stamps, monetary gold, etc.). Other exclusions include border and coastal trade. Customs warehouses, free zones, and duty-free shops in Turkey are considered beyond the customs frontier. Note that while Turkstat and the Central Bank of Turkey make estimates on shuttle trade for BOP data, these are not included in the foreign trade statistics disseminated by Turkstat.
Oil coverage: Primary or unrefined products;Secondary or refined products;Other;. All items covered.
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Volume of Imports of goods (Percent change)
Source: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
Notes: Oil trade includes other energy trade such as fuel. Therefore, the price of oil imports and oil exports will differ from the WEO assumption since it includes the price of other energy items such as gas, etc. The weights are about 70 percent oil and 30 percent gas for 2011.
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Fisher. Trade volumes are the ratio of the value index to the Fisher unit value index (chain-weighted). The value indices are obtained as the ratio of current values to the arithmetic average of the base year values. Foreign trade indices have been calculated by Eurostat and U.N. concepts and methods.
Chain-weighted: Yes, from 2003. Unit value indices are chain-weighted, but volume indices are not.
Trade System: Special trade. Relaxed definition. Foreign trade statistics include goods which enter/leave the statistical territory of Turkey from/to other countries and are placed under the customs normal export and import procedures and under customs inward and outward processing procedures.
Excluded items in trade: In transit;Low valued;Other;. Excluded items include goods valued under $100, transit trade, temporary export/import trade, repair and maintenance of goods, operational leasing, shuttle trade, border trade, some transactions with declaration that are not goods (cash, valuable paper, stamps, monetary gold, etc.). Other exclusions include border and coastal trade. Customs warehouses, free zones, and duty-free shops in Turkey are considered beyond the customs frontier. Note that while Turkstat and the Central Bank of Turkey make estimates on shuttle trade for BOP data, these are not included in the foreign trade statistics disseminated by Turkstat.
Oil coverage: Primary or unrefined products;Secondary or refined products;Other;. All items covered.
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Volume of exports of goods and services (Percent change)
Source: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
Notes: Oil trade includes other energy trade such as fuel. Therefore, the price of oil imports and oil exports will differ from the WEO assumption since it includes the price of other energy items such as gas, etc. The weights are about 70 percent oil and 30 percent gas for 2011.
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Fisher. Trade volumes are the ratio of the value index to the Fisher unit value index (chain-weighted). The value indices are obtained as the ratio of current values to the arithmetic average of the base year values. Foreign trade indices have been calculated by Eurostat and U.N. concepts and methods.
Chain-weighted: Yes, from 2003. Unit value indices are chain-weighted, but volume indices are not.
Trade System: Special trade. Relaxed definition. Foreign trade statistics include goods which enter/leave the statistical territory of Turkey from/to other countries and are placed under the customs normal export and import procedures and under customs inward and outward processing procedures.
Excluded items in trade: In transit;Low valued;Other;. Excluded items include goods valued under $100, transit trade, temporary export/import trade, repair and maintenance of goods, operational leasing, shuttle trade, border trade, some transactions with declaration that are not goods (cash, valuable paper, stamps, monetary gold, etc.). Other exclusions include border and coastal trade. Customs warehouses, free zones, and duty-free shops in Turkey are considered beyond the customs frontier. Note that while Turkstat and the Central Bank of Turkey make estimates on shuttle trade for BOP data, these are not included in the foreign trade statistics disseminated by Turkstat.
Oil coverage: Primary or unrefined products;Secondary or refined products;Other;. All items covered.
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Volume of exports of goods (Percent change)
Source: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
Notes: Oil trade includes other energy trade such as fuel. Therefore, the price of oil imports and oil exports will differ from the WEO assumption since it includes the price of other energy items such as gas, etc. The weights are about 70 percent oil and 30 percent gas for 2011.
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Fisher. Trade volumes are the ratio of the value index to the Fisher unit value index (chain-weighted). The value indices are obtained as the ratio of current values to the arithmetic average of the base year values. Foreign trade indices have been calculated by Eurostat and U.N. concepts and methods.
Chain-weighted: Yes, from 2003. Unit value indices are chain-weighted, but volume indices are not.
Trade System: Special trade. Relaxed definition. Foreign trade statistics include goods which enter/leave the statistical territory of Turkey from/to other countries and are placed under the customs normal export and import procedures and under customs inward and outward processing procedures.
Excluded items in trade: In transit;Low valued;Other;. Excluded items include goods valued under $100, transit trade, temporary export/import trade, repair and maintenance of goods, operational leasing, shuttle trade, border trade, some transactions with declaration that are not goods (cash, valuable paper, stamps, monetary gold, etc.). Other exclusions include border and coastal trade. Customs warehouses, free zones, and duty-free shops in Turkey are considered beyond the customs frontier. Note that while Turkstat and the Central Bank of Turkey make estimates on shuttle trade for BOP data, these are not included in the foreign trade statistics disseminated by Turkstat.
Oil coverage: Primary or unrefined products;Secondary or refined products;Other;. All items covered.
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Value of oil imports (U.S. dollars)
Source: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
Notes: Oil trade includes other energy trade such as fuel. Therefore, the price of oil imports and oil exports will differ from the WEO assumption since it includes the price of other energy items such as gas, etc. The weights are about 70 percent oil and 30 percent gas for 2011.
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Fisher. Trade volumes are the ratio of the value index to the Fisher unit value index (chain-weighted). The value indices are obtained as the ratio of current values to the arithmetic average of the base year values. Foreign trade indices have been calculated by Eurostat and U.N. concepts and methods.
Chain-weighted: Yes, from 2003. Unit value indices are chain-weighted, but volume indices are not.
Trade System: Special trade. Relaxed definition. Foreign trade statistics include goods which enter/leave the statistical territory of Turkey from/to other countries and are placed under the customs normal export and import procedures and under customs inward and outward processing procedures.
Excluded items in trade: In transit;Low valued;Other;. Excluded items include goods valued under $100, transit trade, temporary export/import trade, repair and maintenance of goods, operational leasing, shuttle trade, border trade, some transactions with declaration that are not goods (cash, valuable paper, stamps, monetary gold, etc.). Other exclusions include border and coastal trade. Customs warehouses, free zones, and duty-free shops in Turkey are considered beyond the customs frontier. Note that while Turkstat and the Central Bank of Turkey make estimates on shuttle trade for BOP data, these are not included in the foreign trade statistics disseminated by Turkstat.
Oil coverage: Primary or unrefined products;Secondary or refined products;Other;. All items covered.
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Value of oil exports (U.S. dollars)
Source: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
Notes: Oil trade includes other energy trade such as fuel. Therefore, the price of oil imports and oil exports will differ from the WEO assumption since it includes the price of other energy items such as gas, etc. The weights are about 70 percent oil and 30 percent gas for 2011.
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Fisher. Trade volumes are the ratio of the value index to the Fisher unit value index (chain-weighted). The value indices are obtained as the ratio of current values to the arithmetic average of the base year values. Foreign trade indices have been calculated by Eurostat and U.N. concepts and methods.
Chain-weighted: Yes, from 2003. Unit value indices are chain-weighted, but volume indices are not.
Trade System: Special trade. Relaxed definition. Foreign trade statistics include goods which enter/leave the statistical territory of Turkey from/to other countries and are placed under the customs normal export and import procedures and under customs inward and outward processing procedures.
Excluded items in trade: In transit;Low valued;Other;. Excluded items include goods valued under $100, transit trade, temporary export/import trade, repair and maintenance of goods, operational leasing, shuttle trade, border trade, some transactions with declaration that are not goods (cash, valuable paper, stamps, monetary gold, etc.). Other exclusions include border and coastal trade. Customs warehouses, free zones, and duty-free shops in Turkey are considered beyond the customs frontier. Note that while Turkstat and the Central Bank of Turkey make estimates on shuttle trade for BOP data, these are not included in the foreign trade statistics disseminated by Turkstat.
Oil coverage: Primary or unrefined products;Secondary or refined products;Other;. All items covered.
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Unemployment rate (Percent of total labor force)
Source: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2012. For quarterly data, latest actual is 2012Q4.
Employment type: National definition
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Population (Persons)
Source: Haver Analytics. Formally, the Turkish Statistical Institute (TurkStat)
Latest actual data: 2012
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: General government net debt (National currency)
Source: Ministry of Finance
Latest actual data: 2011
Fiscal assumptions: Fiscal projections assume that current expenditures will be in line with the authorities’ 2012–14 Medium-Term Program but that capital expenditures will be exceeded, given projects initiated in 2011.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Nominal value
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: General government net debt (Percent of GDP)
See notes for:
General government net debt (National currency).


Turkey: General government gross debt (National currency)
Source: Ministry of Finance
Latest actual data: 2011
Fiscal assumptions: Fiscal projections assume that current expenditures will be in line with the authorities’ 2012–14 Medium-Term Program but that capital expenditures will be exceeded, given projects initiated in 2011.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Nominal value
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: General government gross debt (Percent of GDP)
See notes for:
General government gross debt (National currency).


Turkey: Gross domestic product corresponding to fiscal year, current prices (National currency)
Source: Ministry of Finance
Latest actual data: 2011
Fiscal assumptions: Fiscal projections assume that current expenditures will be in line with the authorities’ 2012–14 Medium-Term Program but that capital expenditures will be exceeded, given projects initiated in 2011.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Nominal value
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Current account balance (U.S. dollars)
Source: Central Bank. Formally, the Central Bank of the Republic of Turkey
Latest actual data: 2012
BOP Manual used: BPM 5
Primary domestic currency: Turkish lira
Data last updated: 03/2013


Turkey: Current account balance (Percent of GDP)
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).


 
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