PESTLE Insights: Macroeconomic Outlook Report - Turkey
Macroeconomic Outlook Report of Turkey identifies the potentials of Turkey as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
More than 60% of the companies with foreign capital are located in Istanbul. In H1 2016, manufacturing, financial intermediation and electricity, gas and water supply attracted more than half of the foreign direct investment in the country. Netherland, Austria, UK, Germany and the US were the top five investors during the same period.
2016 has been a difficult one for Turkey, with the political crisis and increased terrorist attacks, resulted in declining business confidence and lower number of tourist arrivals in the country. The economic growth of Turkey slowed down to 2.9% in 2016 from 6.1% growth recorded in the previous year.
Turkey’s overall risk score is higher than the emerging Europe, Middle East and African average, but lower than the World average in GlobalData Country Risk Index (GCRI) 2017
Reasons to buy
Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.