Business Dynamics: Turkey

Country Briefing

About This Report

Aug 2019

Turkey’s business environment is increasingly subject to state interference, leading to lack of judicial transparency. Public procurement corruption also deters foreign investors. A significant gender employment gap points to low female workforce participation, although this is rising from a low base. Whilst large infrastructure projects could support employment and economic growth, an unstable security situation is disruptive to businesses.

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Business Dynamics: Turkey

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Business Dynamics: Turkey

HEADLINES

PROSPECTS

Chart 1 SWOT Analysis: Turkey

REGULATORY ENVIRONMENT

Doing Business ranking improving
Chart 2 Policy Spotlight on Regulatory Environment: Turkey
Chart 3 Overview of the Business Environment in Turkey

OPERATING RISKS

Corruption a major issue
Chart 4 Operational Risks in Turkey

ACCESS TO FINANCE

Interest rates have risen significantly
Chart 5 Policy Spotlight on Access to Finance: Turkey
Chart 6 Finance in Turkey

TRANSPORT AND INFRASTRUCTURE

Significant spending on infrastructure
Chart 7 Infrastructural Environment in Turkey

COMMUNICATIONS AND INNOVATION

Low innovation capacity
Chart 8 ICT Environment and Innovation in Turkey

EDUCATION AND SKILLS

Lowest higher educational attainment rate in the region
Chart 9 Education and Skills in Turkey

EMPLOYMENT AND LABOUR COSTS

Extremely low employment rate
Chart 10 An Overview of the Labour Market in Turkey

SCENARIO ANALYSIS

Chart 11 Impact of Global Scenarios on Turkey