Population of Turkey
Although total population increased on a yearly basis from 2004 to 2014, population growth has slowly decreased annually as of 2011, despite remaining positive. However, in 2012, population growth increased, compared to the previous year for the first time in over a decade. The country’s fertility rate, on the other hand, continued to drop annually since 2002. Life expectancy was also rather low, however this value appears to be irrelative to how developed a country actually is, especially when considering the life expectancy of many other advanced countries.
From an economic standpoint, Turkey has been noticeably improving, especially in comparison to 2008. One improved aspect can be found in the country’s employment rate. In 2009, unemployment reached a decade high but dropped dramatically yearly until 2012. However since 2012, the unemployment rate has started to increase again, with this trend continuing into 2014. Turkey’s inflation rate, on the other hand, reached a decade low in 2014 compared to 2013, despite continuous fluctuations since 2008. The country’s GDP has also reached a decade high in 2014, more than doubling its value since 2004, despite a significant plunge in 2009. When analyzing year-over -year trends, GDP has continued to positively grow since 2009, however has slowed down since 2012.