Turkey
Middle East / Southeastern Europe · Europe/Asia
Population
85.0M
GDP (Nominal)
$1.15T
Capital City
Ankara
Currency
TRY (Turkish Lira)
Avg Salary
$500/mo
Region
Middle East / Southeastern Europe
Livability Index 2026
35/100
Cost of Living
7/100
Avg Salary
60/100
Safety
75/100
Healthcare
65/100
Education
60/100
Overall Livability
Institutional Summary
Turkey (Türkiye) is a massive transcontinental powerhouse bridging Europe and Asia, offering unparalleled historical depth and a dynamic culture, though currently grappling with severe inflation.
Cost of Living
Monthly Rent (1BR)$350
Monthly Groceries$200
Monthly Transport$25
Utilities & Internet$65
Estimated Total Monthly
$640 /person
AI Algorithm Summary
Major Strengths
- • Extremely affordable cost of living
- • Accessible immigration and visa pathways
Algorithmic Red Flags
- • High income tax burden (40%)
- • High unemployment rate (9%)
Economic Performance
📊 GrowingGDP Per Capita
$13,529
Inflation Rate
60%
Unemployment
9%
5-Year GDP Trend
Migration & Visa
e-Visa (Tourist/Business)
Residence Permit (Ikamet)
Citizenship by Investment
Visa Difficulty
2/10
PR Eligibility
Long-term residence permits available after 8 years of continuous stay; Citizenship by Investment available via real estate.
Employment Landscape
Avg Monthly Salary
$500
Trending
Top Performing Industries
Textiles
Food Processing
Automotive
Tourism
Social Indicators
Life Expectancy
77.7 Yrs
Literacy Rate
96.7%
Top Universities (QS Rank)
Koç University#431
Middle East Technical University#
Compare Turkey
Benchmark against other Tier-1 economies provides critical context for relocation or institutional investment decisions.