EUR 427.15 For Business Accounts Only

Turkey PESTLE Insights - A Macroeconomic Outlook Report

Summary

Mining, manufacturing and utilities activity contributed 24.9% to the country’s gross value added (GVA) in 2019, followed by wholesale, retail and hotels (17.0%), and financial intermediation, real estate and business activity (16.9%). In 2020, growth in all the sectors is expected to slow down substantially due to the COVID-19 crisis.

The overall XU100 index exhibited an upward trend over the past year. The Istanbul Stock Market Index lost value sharply in March 2020, however, it recovered its past value swiftly by mid-July 2020

Scope

- According to the World Bank's logistics performance index (LPI), Turkey’s transport and logistic infrastructure ranking declined from 34th in 2016 to 47th in 2018 (out of 160 countries).
- Five major provinces in Turkey generated around 55.5% of the country’s GDP and were home to 39.4% of the country’s population, as of 2018

Reasons to Buy

- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.