1. Turkey: The business outlook For members of Economist Corporate Network July 2011

19. Key economic indicators Source: Economist Intelligence Unit 2010 2011 2012 2013 2014 2015 GDP (% real change pa) 8.9 6.0 4.5 5.2 5.4 5.2 Private consumption (% real change pa) 6.6 7.0 5.5 5.2 5.2 5.1 Government consumption (% real change pa) 2.0 3.5 4.0 4.5 4.5 4.5 Gross fixed investment (% real change pa) 29.9 20.0 8.3 8.5 8.0 7.5 Exports of G&S (% real change pa) 3.4 4.3 4.0 7.3 8.7 9.6 Imports of G&S (% real change pa) 20.7 18.3 9.0 8.9 9.2 9.9 Industrial production (% change pa) 13.1 8.7 5.0 5.5 5.5 5.5 Budget balance (% of GDP) -3.6 -2.0 -1.4 -1.7 -1.7 -1.4 Consumer prices (% change pa; av) 8.6 6.4 6.9 5.8 4.8 4.0 Exchange rate LCU:US$ (av) 1.50 1.60 1.66 1.67 1.65 1.65 Recorded unemployment (%) 12.0 11.3 9.4 9.2 8.8 8.5 Current account balance/GDP -6.6 -8.0 -7.0 -6.0 -5.4 -5.2 Inward direct investment (US$bn) 9.1 12.0 17.5 22.5 25.5 26.5

20. Market size indicators Source: Economist Intelligence Unit 2011 2015 Population (million) 74.0 76.7 Nominal GDP (US$bn) 750 1,094 GDP per head (US$ at PPP) 14,040 18,250 Private consumption per head (US$) 7,530 10,450 Total imports (US$bn) 213 256 Private consumption (% of GDP) 74.3 73.2 Government consumption (% of GDP) 14.6 14.3 Gross fixed investment (% of GDP) 21.7 23.7