Official Site - The Legatum Prosperity Index is the world's only global assessment of wealth and wellbeing; unlike other studies that rank countries by actual levels of wealth, life satisfaction or development, the Prosperity Index produces rankings based upon the very foundations of prosperity – those factors that help drive economic growth and produce happy citizens over the long term.
The 2009 Legatum Prosperity Index
Legatum Institute logo

69=

Turkey  


Fast Facts

Population 76.8 mn (2009 est.) GDP (per capita) $11,900 (2008 est.) Inflation 8.8% (2007)
Life Expectancy 62 years (2003) GDP (PPP) $902.7 bn (2008 est.) Unemployment 10% (2007)
Average Life Satisfaction 5/10 (2008) GDP (growth) 1.1% (2008 est.) Freedom House Rating Partly Free (2009)
Political System Republic and a Parliamentary Democracy (2009)

Sub-Index Rankings

Compare Countries:

Index Comparisons
(Rank / Number of countries)

Legatum Prosperity Index69th= / 104
Average Life Satisfaction Ranking73rd / 104
Per Capita GDP Ranking50th / 104
WEF Global Competitiveness Index61st / 133
UN Human Development Index76th / 179
Heritage/WSJ Economic Freedom Index75th / 178
TI Corruption Perceptions Index58th / 180
Vision of Humanity Global Peace Index121st / 144

 

Regional Ranking:
Europe

1 Finland
2 Switzerland
3 Sweden
4 Denmark
5 Norway
8 Netherlands
11 Ireland
12 United Kingdom
13 Belgium
14 Germany
15 Austria
17 France
19 Spain
20 Slovenia
21 Italy
22 Portugal
25 Czech Republic
27= Hungary
29 Poland
30 Greece
31 Estonia
34 Slovakia
35 Croatia
37 Latvia
46 Bulgaria
48 Romania
59 Macedonia
61= Ukraine
69= Russia
69= Turkey
78 Moldova
85 Belarus

View other countries:
 

Economic Fundamentals - Ranked 50th

Turkey suffers from poor export revenues along with high unemployment and inflation rates

Turkish workers have access to a satisfactory amount of physical capital, ranking the country 50th, internationally, on this variable. However, unemployment and inflation rates are high at roughly 10% each, ranking the country in the bottom quartile, worldwide. The domestic savings rate is below the global average but household expenditure levels reach 26% of GDP, ranking the country in the top 15 worldwide on the latter variable. The proportion of non-performing loans is around the global average, but a net interest margin of nearly six percentage points indicates an inefficient and uncompetitive banking sector. Raw material export concentration is very low, ranking Turkey amongst the top 25 countries, globally. However, the country’s low level of foreign direct investment is below the global average and Turkey's terms of trade remain weak, ranking the country in the bottom 10, internationally.

Entrepreneurship and Innovation - Ranked 56th

Turkey’ s entrepreneurial capacity has yet to be matched by innovation

There are only eight formal start up procedures required to register a new business in Turkey, and this led to the establishment of more than 89,000 new businesses in 2007, placing Turkey 12th on this variable. While Turkish investment in R&D ranks in the top 30 worldwide, the entrepreneurial capacity is not matched by innovative strength: Turkey exports very few high-tech and ICT goods with the former accounting for just 0.4% of manufactured exports and the latter for 2% of total exports. The quality of the internet infrastructure is good, as measured by the country’s high level of bandwidth and an above average level of secure internet servers. However, the number of personal computers in Turkey is extremely low, with just six personal computers per 100 people. The country ranks 37th with respect to the value added by its service industry, equivalent to 62% of GDP.

Democratic Institutions - Ranked 49th

Turkey is a stable democracy, but its democratic institutions do not place adequate constraints on executive power

Turkey is classified as a democracy and Turkish citizens enjoy high levels of political rights and civil liberties. Elections for the role of chief executive and legislative positions are competitive and well regulated. The judiciary has full independence from other branches of government. However, there are only limited constraints on the power of the executive, ranking the country 71st on this variable. The Turkish political system has been fairly stable, having not had a fundamental regime change in the last 25 years.

Education - Ranked 68th

Lack of funding and widespread gender inequality are drawbacks of Turkey’s education system

Enrolment rates in Turkish schools are around the global average; 91% of primary students are enrolled in school, 79% are enrolled at the secondary level, and just over one-third at the tertiary level. However, there is widespread inequality, with only nine girls for every 10 boys in Turkish schools. Despite ranking above the global average, Turkish government funding in education is among the lowest in Europe, at approximately $2,000 per student. Labour productivity remains restrained by comparatively low levels of education per worker, with an average 4.6 years of secondary schooling and 3.7 years of tertiary schooling per worker.

Health - Ranked 56th

Turkey has a reasonable level of healthcare infrastructure, but only three out of four people are satisfied with their health

There are about 13 doctors and nurses per 10,000 capita, an average figure worldwide, and the number of hospital beds also ranks around the global median. Turks have a health-adjusted life expectancy of 62 years, which is above the global average, and only 3% of the population is undernourished, a low figure, internationally. However, infant mortality rates are comparatively high, with 26 deaths per 1,000 live births. Eight out of 10 have access to improved sanitation facilities, but only 58% are satisfied with the quality of their water.* Despite a health satisfaction rate of 79%, Turkey ranks 75th on this variable.* In line with the global average, roughly one-fifth report health problems and claim to have experienced physical pain the previous day.* However, only 61% of the population felt well rested, ranking the country in the bottom quintile, internationally.*

Safety and Security - Ranked 83rd

Turkey has very significant national security challenges, but domestic crime is around the global average

Turkey has significant security problems related to refugees and groups with a history of discrimination; the country ranks in the bottom quartile in both variables. There is also a significant problem with human flight, as many of the most educated Turks seek employment elsewhere, and there are instances of government-sponsored violence, such as political imprisonment or torture, against its own citizens. There were some Turkish casualties due to ethnic strife in 2008. Domestic crime rates are slightly lower: the homicide rate is around the global average at five deaths per 100,000 people per year. With theft and assault rates of 15% and 7%, respectively, just over half of Turkish citizens felt safe walking alone at night in their local area, a low figure, internationally.*

Governance - Ranked 48th

Turkish citizens have high confidence in their military but distrust the local government

Turkey ranks around the global average on several governance variables: these include fair implementation of rule of law and the quality of regulation in the commercial sector of the economy, as well as the efficiency of the governmental bureaucracy. Turkish citizens have limited right to self determination, and just over half have confidence in the honesty of the electoral process, a poor proportion by European standards.* However, over two-thirds approve of the court system, a high proportion worldwide.* Whereas 88% of Turks believe there is widespread corruption in local business, only three-quarters believe the same of local government, ranking the country in the top 35 on the latter variable.* Confidence in the military is also high in Turkey, with only 14% of the population distrusting the country’s armed forces.*

Personal Freedom - Ranked 94th

Low levels of freedom in Turkey lead to citizens’ dissatisfaction in their personal freedom

Turkish citizens have relatively low levels of personal freedom with regard to movement, religion, and speech. Only half of the population is satisfied with their freedom of choice in their everyday lives, an extremely low number, internationally, ranking Turkey 100th on this variable.* Roughly three in five Turks perceive their local area to be a good location for ethnic minorities and immigrants. The latter two variables rank Turkey in the bottom quartile.*

Social Capital - Ranked 103rd

Social networks are very loose in Turkey, with very few Turks trusting others or belonging to an organisation

An extremely low 5% of Turkish citizens feel they can trust others – the second lowest proportion, globally. While most Turks report that friends are very important to them, a very low three-quarters feel they can rely on their family and friends in times of need.* Membership rates in voluntary organisations are among the lowest five, worldwide. Only 15% of Turks have donated to charity and 9% have volunteered in the past month, both very low figures, and low numbers of people reported helping a stranger in the past month.* Turkey is a moderately religious country, with the majority of individuals considering religion to be an important part of their life and attending religious services frequently, suggesting the potential for citizens to access religious support networks.*

* Data taken from the Gallup World Poll