Turkey to walk away the strongest economic giants soon

Turkish economic indicators continue to grow exponentially. English bank HSBC has made a report stating that in 2050 Turkey will rise to the 12th line of the strongest countries in the world. According to experts, the republic is going ahead in huge stride and will soon walk away the strongest economic giants, such as South Korea, Argentina, the Netherlands, Sweden and other countries.

HSBC has estimated the development of countries under several indicators: the percentage of the working population in the country, the unemployment rate, population growth and the average age of able-bodied citizens. According to the recent data, Turkey is meeting rise in births today, and consequently, the number of “labour hands” will increase in the future. This means that the country will significantly increase its economic power by 2050.

Growth of income per head is also clearly visible. HSBC predicts an average income increase of 4 percent per decade.

According to English economists, Turkey is a very strong country. And in the long run the republic will definitely rise.

19.09.2016