FEAS Yearbook FEAS Yearbook 2006 | Page 85

FEDERATION OF EURO-ASIAN STOCK EXCHANGES SEMI ANNUAL REPORT OCTOBER 2006 ISTANBUL STOCK EXCHANGE TURKEY ECONOMIC CHARTS AND TABLES GDP at market prices (YTL millions) GDP (US$ millions) Real GDP growth (%) Consumer price inflation (av; %) Population (millions) Exports (US$ millions) Imports (US$ millions) Eports/imports ratio Current-Account Balance (US$ millions) Foreign exchange reserves (US$ millions) Total external debt (US$ billions) Debt-service ratio, paid (%) Exchange rate (av) YTL:US$* 2001 2002 2003 2004 2005 178,412 145,573 -7.5 68.5 69.3 31,334 41,399 75.7 3,390 277,574 184,400 7.9 29.7 70.3 36,059 51,554 69.9 -1,481 359,763 241,300 5.8 18.4 71.3 47,068 68,808 68.1 -6,808 430,511 300,600 8.9 9.3 72.3 63,121 97,540 64.8 -15,543 487,202 361,500 7.4 7.7 73.3 73,476 116,773 62.9 -23,227 18,879 113.6 40 1.4386 27,069 130.2 46.5 1.6334 33,991 145 38.5 1.3949 36,006 162.3 33 1.3412 50,518 170,6 32.4 1.3848 Central Bank’s effective buying rates ECONOMIC FORECAST SUMMARY Real GDP growth (%) Consumer price inflation (%) Budget balance (% of GDP) Current account balance (% of GDP) 3-month interbank money market interest rate (av; %) Exchange rate YTL:US$ (av) Exchange rate US$:[euro] (av) 2005 2006 2007 2008 2009 2010 4.9 8.0 -3.7 -5.9 16.0 1.35 1.25 3.5 9.8 -4.9 -3.4 18.0 1.50 1.29 5.4 7.9 -4.4 -3.5 16.5 1.61 1.34 5.3 6.3 -3.9 -3.4 14.0 1.71 1.30 5.2 5.3 -3.2 -3.4 13.0 1.81 1.25 5.0 4.9 -2.7 -3.3 12.0 1.90 1.24 2003-PRINCIPAL EXPORTS (b) 2003-PRINCIPAL IMPORTS (b) (US$ millions) (US$ millions) Textiles & clothing Metals Motor vehicles & parts Agricultural products 14,257 5,062 5,245 3,954 2003-MAIN DESTINATION OF EXPORTS (%) (b) EU 25 Italy Germany UK France Russia 13.9 8.8 USA Chemicals & products Crude oil & gas Machinery & equipment Metals Motor vehicles & parts 2003-MAIN ORIGINS OF IMPORTS (%) (b) EU Germany France USA 9.3 7.7 12.9 7.3 Russia Italy UK Other 7.1 6.4 4.8 4.4 5.8 2.9 54.6 5,549 11,398 15,790 6,792 5,369 8.4 46.7 Source: Economist Intelligence Unit ViewsWire PAGE 83