Is Turkey a poor country?

Question

If it is...why?

Answer 1

Agree with Nathan, Turkiye is economically an avarege country.

Answer 2

Hello dear!
As you might very well know, every country is rich, and definitely Turkey is! Of course, Turkey is a new country, established in 1920s! But composed of people with long history, great principles and strong in all matters.
What makes a country rich is not the International institutions which make averages and other calculations! As we know well, there are more things and factors than money!
Thus, Turkey is a rich country, extending from Europe to Asia and from North to Middle! With great expectations and this works; as long as people have visions they are not poor!

Answer 3

Turkey is an average country. They're not as rich as the United States, but no where near as poor as countries like Mexico.

1 US Dollar = 1.4 Turkey New Lira

"For most of its republican history, Turkey has adhered to a quasi-statist approach, with strict government controls over private sector participation, foreign trade, and foreign direct investment. However, during the 1980s, Turkey began a series of reforms, initiated by Prime Minister Turgut Özal and designed to shift the economy from a statist, insulated system to a more private-sector, market-based model.[25] The reforms spurred rapid growth, but this growth was punctuated by sharp recessions and financial crises in 1994, 1999 (following the earthquake of that year),[68] and 2001,[69] resulting in an average of 4% GDP growth per annum between 1981 and 2003.[70] Lack of additional reforms, combined with large and growing public sector deficits and widespread corruption resulted in high inflation, a weak banking sector and increased macroeconomic volatility.[71]

Since the economic crisis of 2001 and the reforms initiated by the finance minister of the time, Kemal Derviş, the inflation has fallen to single-digit numbers, investor confidence and foreign investment have soared while unemployment has fallen. Turkey has gradually opened up its markets through economic reforms by reducing government controls on foreign trade and investment and the privatisation of publicly owned industries and the liberalisation of many sectors to private and foreign participation has continued amid political debate."

Answer 4

its avareg country as i think

Answer 5

no its not

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