TR Economy & Updates

[Turkic]

Who says US healthcare is better than ours? %ge of GDP spent is the better criteria. That is all. Read before making untrue statements please.

Spending more doesn’t necessarily mean better.

If you meant it is a better criteria for comparing the amounts we'll have to spend for military. My bad. But you also didn't pay enough attention to @Strong AI 's post either. He just asked why didn't they use 2023 data instead of 2022. It had nothing to do with the question of which is a better criteria, TL or % of gdp.
We're all human right

Btw, your calculations are wrong. Dollar inflation is 35,5% in the meantime. Which puts the 2023 health budget 4 billion dollars above of 2011 when you calculate both TL and dollar inflation.

How are we going to increase it to 3.5%? Two prongs here. One is meeting the goal, other is actually increasing capabilities. You can add in police budget and call it a "security" budget, but noone's buying that. The rate we are increasing capabilities is simply not enough. We have credit because our army is vast and our soldiers' lives are cheap. We can simply show our 500k army to anyone that asks, that's what we did in the last decade and how we circumvented Trump's 3.5% speeches in 2016, only commiting to 2.0 which we barely reach. But this doesn't mean capability re NATO and more importantly Erdogan now did publicly talk about increasing defence budget to 5%, unlike in 2016.

Per infrastructure on 1.5%, we failed to build that infrastructure in the last 15 years, only actual rail projects we have in the last decade are built using British credit lines. We simply don't have that kind of budget lying around.

I don't know any either. My intent was to say not all of the 5% must be for military spending directly, in case you or anyone reading the thread didn't read the news in detail.

 

[Yasar_TR]

But you also didn't pay enough attention to @Strong AI 's post either. He just asked why didn't they use 2023 data instead of 2022. It had nothing to do with the question of which is a better criteria, TL or % of gdp.
We're all human right

Actually I read it well. Also looked in to TUIK graphs in local currency expenditure which were given as an alternative. My point was to do with TUIK’s results being in TL over a ten year period not showing true %ge values.

Btw, your calculations are wrong. Dollar inflation is 35,5% in the meantime

I took google’s dollar inflation value compared with today’s. It gave it as 1.43 dollars. It should have been compared with 2023. I stand corrected. But it still doesn’t change the point I was making.

 

[Zafer]

TUIK numbers are
4.3% for education
4.7% for health
in 2023, better than the year before.

 

[Tornadoss]

TUIK numbers are
4.3% for education
4.7% for health
in 2023, better than the year before.

we know how reliable is TUIK frum the inflation figures.

 

[Huelague]

Any plan to stopp this development?
$ 45 billion imports
$ 3.5 billion exports

Türkiye-People's Republic of China Economic and Trade Relations / Republic of Türkiye Ministry of Foreign Affairs

www.mfa.gov.tr

 

[Turkic]

Any plan to stopp this development?
$ 45 billion imports
$ 3.5 billion exports

Türkiye-People's Republic of China Economic and Trade Relations / Republic of Türkiye Ministry of Foreign Affairs

www.mfa.gov.tr

Chery and BYD's investments in Turkiye also works for this. It won't make a huge difference but we're talking about big numbers when the topic is economy. The situation with China won't change unless electronics (phones and any other electronic device) are produced in home. Wish we had a (really) good phone company to compete.

 

[Zafer]

Türkiye is in 12th position barely surpassed by Italy, 11th position is within reach in a couple of years considering past growth performance. While in Nominal GDP Türkiye ranks 16th going up by one compared to 2024. Note the 2.54x factor between PPP and nominal GDP. Charts prepared by Zafer.

 

[Rooxbar]

OECD projection for Turkey.

 

[Huelague]

Cost of Living in Turkey 2026 | Turkey Living Costs - Wise

A guide to the average cost of living in Turkey. From housing and travel costs, to currency and exchange rates. Use our calculator to see what the living cost in Turkey might be.

wise-com.translate.goog

 

[Zafer]

Based on IMF PPP GDP estimates

 

[Huelague]

Based on IMF PPP GDP estimates

View attachment 77044

???
What does the graphic says?

 

[Zafer]

???
What does the graphic says?

It is the percentage of how much the Turkish economy is bigger and smaller compared to other countries. Italy is only 1.7% bigger and UK is 21.5% bigger while Mexico is 7.3% smaller. All based on the latest PPP GDP values provided by the IMF. While these numbers do not paint the whole picture it is the most telling single number that tells something. If you add 100 to these numbers you find the factor number by which the other country is as big as Türkiye's economy.

I can tell that Türkiye can possibly get to the 7th position in the next 10 years if things go well.

 

[duveil]

We missed the top spot for some charts.

 

[Huelague]

Can someone explain this?

 

[begturan]

Can someone explain this?

Because of this nonsense of a free market economy, the country is getting worse every day. People are immoral, business is immoral, the government doesn't intervene in anything. This system can't function this way.

The free market should be abolished and fixed prices adopted. There's no other solution. But the leaders lack the courage to challenge the global order; they just do whatever Western countries tell them to.

The situation the country has reached is truly frustrating.

 

[BalkanTurk90]

Because of this nonsense of a free market economy, the country is getting worse every day. People are immoral, business is immoral, the government doesn't intervene in anything. This system can't function this way.

The free market should be abolished and fixed prices adopted. There's no other solution. But the leaders lack the courage to challenge the global order; they just do whatever Western countries tell them to.

The situation the country has reached is truly frustrating.

Are u trying to say we should became Communist !
We see how 'great' communism worked

 

[Zafer]

There is bad reporting problem in Türkiye, anyone becomes a reporter using the Internet and starts hunting for clicks.

 

[begturan]

Are u trying to say we should became Communist !
We see how 'great' communism worked

I'm not trying to say anything; just as I wrote, to elaborate, selling lettuce for 50 lira in the supermarket, while selling it for 2 lira in the field, is pure robbery. From the middlemen involved to the high prices offered by the supermarkets, everyone is engaging in commercial immorality. Because of the free market economy (serbest piyasa), the government can't intervene in any way. The solution is to abandon the simple free market economy and set fixed prices for certain basic needs, setting upper and lower limits.

 

[Huelague]

Are u trying to say we should became Communist !
We see how 'great' communism worked

He talk about regulation, as most EU members has.

 

[Huelague]

There is bad reporting problem in Türkiye, anyone becomes a reporter using the Internet and starts hunting for clicks.

After 2 decades of “good reporting problem”, it’s time for a reality check.
Does the government any plan to protect the agricultural farmers?