Turkish minister says GDP per capita exceeds $10,000

Turkish Customs & Trade Minister Hayati Yazici has said that gross domestic product per capita exceeded $10,000.

Turkish Customs & Trade Minister Hayati Yazici has said that gross domestic product (GDP) per capita exceeded $10,000.

In an exclusive interview with the AA, Yazici said, “our country has proved its economic, political and legal credibility to the whole world thanks to reforms made by the Justice & Development (AK) Party government.”

“Turkey has become the 16th biggest economy in the world and the 6th biggest economy in Europe,” he said.

“GDP per capita exceeded $10,000. We aim at increasing it up to $25,000 in 2023. The rate of unemployment decreased to 9.2 percent this year from 10.5 percent in 2010. Inflation rate dropped to 6.7 percent. Turkey’s exports reached $127.1 billion as of end-July while our national income increased to $736 billion. Turkey became the second fastest growing country in the world behind China with a growth rate of 8.8 percent in the first quarter of 2011,” he said.

“Turkish economy turned the global financial crisis into an opportunity thanks to its dynamic private sector. Our target is to make Turkey one of the world’s ten biggest economies in 2023 by increasing our exports up to $500 billion,” he said.

“Recently, we have renovated some of our border crossings including Gurbulak, Ipsala, Cilvegozu, Habur, Kapikule, Hamzabeyli and Sarp. Renovation of other border crossings will continue,” he added.

AA

 

02 October 2011 Sunday