Foreign Investor Guide
Reference: Presidency of the Republic of Turkey Investment office www.invest.gov.tr
SUITABLE POPULATION
Investors, facing significant challenges such as the aging and declining population in Europe, consider Turkey's young and well-educated population an important advantage.
Turkey offers unique opportunities, with a strong labor market and a young, dynamic and growing population that form the foundations of a vibrant domestic market.
According to the Turkish Statistical Institute (TURKSTAT), the population of Turkey, which was 82 million in 2018, is expected to reach 86.9 million in 2023 and 100.3 million in 2040. It is predicted that the population will continue its growth momentum and reach its peak of 107.6 million in 2069.
Population Forecasts - 2018-2080 (million)
Source: TURKSTAT
Population-Age Group Pyramid – 2018
With half of its population under the age of 32 in 2018, Turkey has the youngest population compared to EU member countries.
Kaynak: TÜİK
Age Dependency Rate by Region (% working population) – 2018
In the last decade, the age dependency rate in Turkey has continued to decline, resulting in higher budgets for health, social security and education in public spending.
Source: World Bank
Age Dependency Rate by Country (% working population) – 2018
Source: World Bank
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