Living Standards in Turkey are Almost Double Those in the Stagnating Middle East

Turkish GDP per capita rises despite governance issues


 
Turkey's GDP Per Capita Growth
Index: 1995=100
Living Standards in Turkey are Almost Double Those in the Stagnating Middle East


Living Standards in Turkey are Almost Double Those in the Stagnating Middle East

* GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.



Real GDP per capita in Turkey increased by 115% in the last twenty-five years, faster than the rise across Emerging Markets of 39%, while the standard of living across the Middle East stagnated rising by a marginal 4%. In the last decade, the country’s cumulative average annual real growth was high at 5.1% and Turkey contributed 3.2% to the total growth in global output. Despite, its success the quality of institutions in Turkey is relatively poor with a World Economics Governance score of 33.8.

See more...See more data...

Take a Trial to Continue Reading...

Unlock all insights, data tables, and tools.

Register now



More perspectives using World Economics data

US Sales Managers Index Signals Holiday Season Boost in December
US Sales Managers Index Signals Holiday Season Boost in December
The Headline Sales Managers Index for the United States rose from 51.1 in November to 52.5 in December 2025, marking its strongest reading in eleven months and pointing to a slightly firmer pace of economic expansion heading into the new year. The improvement was broad-based, with gains across most components, reflecting growing optimism and continued solid consumer spending through the peak holiday ...
Europe’s Population Predicament
Europe’s Population Predicament
Fertility rates have fallen and stagnated across Europe. By 1980, most countries in Europe had already fallen below the replacement threshold. Now every single European nation is below the threshold. Various reasons have been proposed for this vast decline in fertility, such as the availability of contraception and the increase of women in the workplace. Countries such as Spain have seen their fertili...
Colombia's Unsustainable Retiree Burden on its Shrinking Workforce
Colombia
Colombia’s fertility rate has been broadly declining since the 1970s and is now sub-replacement. Consequently, the working-age population of Colombia is starting to shrink. Simultaneously, retirees are living longer and forming an ever-larger part of the population. These factors are causing an extraordinary decline in the number of working-age people available to support the expanding number of retir...