Turkey

Country Profile

Turkey is a transcontinental country, with a presidential system that was adopted by referendum in 2017. Turkey an upper-middle-income country. The country rapidly urbanized, maintained strong macroeconomic and fiscal policy frameworks, opened to foreign trade and finance, harmonized many laws and regulations with European Union (EU) standards, and greatly expanded access to public services.

Social entrepreneurship is still a developing field. There has been a noticeable increase in academic interest in relation to social entrepreneurs and social enterprises in Turkey over recent years. The lack of regulation, funding, capacities and awareness continue to hinder its development. 

Country Facts and Figures [TUR]

Indicator  Value  Source 
Population 84.339.067 WB, 2020
Human Development Index  0.806 HDI, 2021
GDP (current US$) (billions) 720.101 WB, 2020
GDP growth 1.8 WB, 2020
GNI per capita, PPP ($) 27.780 WB, 2020
Foreign direct investment, net inflows (BoP, current US$) (millions) 9,266 WB, 2019
Domestic credit provided by financial sector (% of GDP) 98.3 WB, 2020
Tax revenue (% of GDP) 16.5 World Bank, 2019
Unemployment rate 13.1 WB, 2020
Unemployment rate (male) 12.3 WB, 2020
Unemployment rate (female) 14.8 WB, 2020
Unemployment rate (youth 15-24 years) 25.1 WB, 2020
Employment rate (male) 5.9 WB, 2019
Employment rate (female) 1.5 WB, 2019
Average monthly net wage (EUR) 3,577.5 Trading Economics, 2021
Poverty rate  14.4 WB, 2020
Households with internet access (%) 91 Statista, 2020
Sources: * Human Development Index 2021 * World Bank 2019 & 2020 * Trading Economics, 2021 * Statista, 2020

Number of Social Enterprises Being established in Turkey

Age of Social Entrepreneurs in Turkey

Social Enterprises Sector of Work

More Info and Sources