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TR Economy & Updates

Zafer

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I just came back from the farmers' market, you can find tomatoes for as cheap as 10 lira, I bought 30₺ per kilo pink ones of good quality. Very good quality peaches is 100₺ but yesterday I saw them for 230 lira at a greengrocer in the next neighborhood down. If you want to find products cheaper you go to the market by the closing time, it is like the happy hour.
 
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Huelague

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I just came back from the farmers' market, you can find tomatoes as cheap as 10 lira, I bough 30₺ per kilo pink ones of good quality. Very good quality peaches is 100$ but yesterday I saw them for 230 lira at a greengrocer. If you want to find products cheaper you go to the market by the closing time, it is like the happy hour.
Congratulations. You are the only one who find affordable foods in Türkiye.
 

Huelague

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Government already protects farmers but not showmen. Dumping watermelons on the marketplace is a crime and sharing crime videos is being partners in crime. Not every businessman is a successful businessman, you don't dump your goods in the marketplace because you fuck up.
It sounds AKP is afraid of negative “News” and public relations.
Next time, when Turks are going to a ballot box, they should think twice if they want to vote for AKP. I hope till their, no one will be starve.
 

duveil

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Government already protects farmers but not showmen. Dumping watermelons on the marketplace is a crime and sharing crime videos is being partners in crime. Not every businessman is a successful businessman, you don't dump your goods in the marketplace because you fuck up.
I know that supporting akp means to defend everything they said without questioning. I am fine with that.
But you cant call a protest a "crime" . Actually calling people "criminal " without any conviction is a "crime". It is called "defamatory statement".
And what is wrong with you. Economy is f.cked . There is a fortune transfer from middle class to a few rich people and if you dont see it I dont know what else to say .
 

Zafer

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I know that supporting akp means to defend everything they said without questioning. I am fine with that.
But you cant call a protest a "crime" . Actually calling people "criminal " without any conviction is a "crime". It is called "defamatory statement".
And what is wrong with you. Economy is f.cked . There is a fortune transfer from middle class to a few rich people and if you dont see it I dont know what else to say .
Such action has recently been ruled as criminal, it is not my judgement.

"I know that supporting akp means to defend everything they said without questioning. I am fine with that."

How can you make such a statement, it is simply derogatory, I will simply ignore you from now on.
 

Huelague

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I know that supporting akp means to defend everything they said without questioning. I am fine with that.
But you cant call a protest a "crime" . Actually calling people "criminal " without any conviction is a "crime". It is called "defamatory statement".
And what is wrong with you. Economy is f.cked . There is a fortune transfer from middle class to a few rich people and if you dont see it I dont know what else to say .
Thats how Akp fans works, using legal without knowing what legal means.
 

Huelague

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I checked the prices in supermarkets/markets/bazar with the ones in Germany. The results, their is no big differences. Can someone explain me, how can people who live in Türkiye, are able to buy foods?
 

Turkic

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I checked the prices in supermarkets/markets/bazar with the ones in Germany. The results, their is no big differences. Can someone explain me, how can people who live in Türkiye, are able to buy foods?

Depends. (For a family of four with the income of one experienced teacher and no spending for rent) You can eat steak 30 days a month. But you shouldn't have extra spendings and should track for the cheapest prices for that. If there's someone in the family who loves keeping their wardrobe full, if they go for events such as concerts or if they go to cafes it gets harder. If the family is renewing their phones annually or car in every 3-5 years or if they're living in rent it's almost impossible (1 steak per month maybe?).

If the family has the income of two teachers, they can eat steak everyday with extra spendings.

In short, one teacher can provide meat to an average family few to several times a month.

I know a lot of families of teachers (including mine). I hope this helps you understand the middle class. Oh and eating out is so expensive. Gotta be your own chef 😅

Salary of teachers = 2,5 to 4 minimum wages. Calculations are based on prices in an average city. These are not accurate for Istanbul or any other expensive city.
 

Rooxbar

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In OECD even Mexico and Chile are better than us in income inequality; only Colombia and Costa Rica are worse. This sort of immiseration leads to revolutions. The greed of the ruling party and its bankrollers in the construction sector and part of the old guard of industrialists knows no bounds and will come back to bite them hard if they don't find a solution to this extreme levels of consolidation of wealth.
 

Zafer

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IMF October report, Türkiye moved up by one place as did Saudi Arabia


1760467109012.png
 

Zafer

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14.5% of Türkiye's central government budget goes to interest payment on debt.
 

Zafer

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IMF PPP GDP predictions for 2026 with comparison to Türkiye, gray columns are growth predictions multiplied by 100 to include in the same chart with % in excess series of GDP. Shows by how much each economy is bigger or smaller than the economy of Türkiye. Of particular note given the current growth rates continue for each country Türkiye surpasses both France and UK in 6 years.

PPP GDP

economy2026.png
 
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Huelague

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IMF PPP GDP predictions for 2026 with comparison to Türkiye, gray columns are growth predictions multiplied by 100 to include in the same chart with % in excess series of GDP. Shows by how much each economy is bigger or smaller than the economy of Türkiye. Of particular note given the current growth rates continue for each country Türkiye surpasses both France and UK in 6.16 years.

PPP GDP

View attachment 79146
If the government is not able to handle the exchange rate (€,$), we are doomed.
 

contricusc

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IMF PPP GDP predictions for 2026 with comparison to Türkiye,

GDP PPP is very irrelevant. Not only that GDP is not a very good indicator, but making further adjustments to it (like the PPP) makes it completely useless.

At least nominal GDP has the same measurement unit, even though GDP is not very relevant in itself, and can be inflated by completely irrelevant economic activity.
 

Zafer

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GDP PPP is very irrelevant. Not only that GDP is not a very good indicator, but making further adjustments to it (like the PPP) makes it completely useless.

At least nominal GDP has the same measurement unit, even though GDP is not very relevant in itself, and can be inflated by completely irrelevant economic activity.
It is one of the main statistics numbers used around the world, you don't need to take it as a magic number that tells everything. After all the mathematician who though an arithmetic mean is a single number that represents a series drowned in a stream only two feet deep on average.
 
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Zafer

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PPP GDP comparison, shows the amount of goods you can afford to buy
Governments in debt

PPP GDP per capita 2026 estPublic debt per capita (PPP 2017)Nominal Public debt PC (in Forex 2017)General government gross debt/GDP (2025)
US$92,883$46,645$46,645122.5%
TR$45,994$7,613$2,96626.7%
factor (x)2.026.12715.734.59

An American can buy twice as much stuff as a Turk but also has five times the debt (they shut down their government to save costs)
 
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