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I can tell you off the top of my head without looking at the numbers its not Turkey. Albania, Bulgaria and FYROM, who were under commie rule for the better part of the last century, ecomonies are just getting started, so we can't really compare them to free markets at this moment.
Albania
Economy
Real GDP growth (2007): 6% (forecast)
Inflation rate (2007): 3% (average year-on-year annual)
Unemployment rate (Q2 2007): 13.5%.
Natural resources: Oil, gas, coal, iron, copper and chrome ores.
Bulgaria
Economy
GDP (2007 est.): $41 billion.
Real GDP growth: 6.2% (2007); 6.3% (2006); 6.2% (2005); 6.6% (2004); 5.0% (2003).
Per capita GDP (PPP, 2007 est.): $11,300.
Inflation rate: 12.5% (2007), 6.5% (2006); 5% (2005); 6% (2004); 5.6% (2003).
Unemployment rate: 7.7% (2007 average), 6.62% (November 2007), 9.61% (2006 average); 11.5% (2005); 12.7% (2004 average); 14.25% (2003 average).
Natural resources: Bauxite, copper, lead, zinc, coal, and timber.
Official exchange rate: Lev per $1 U.S.=1.42 (2007 average); 1.56 (2006 average); 1.57 (2005 average); 1.58 (2004 average); 1.73 (2003 average).
Greece
Economy (2007)
GDP: $314.4 billion.
Per capita GDP: $28,280.
Growth rate: 4.0%.
Inflation rate: 3.0%.
Unemployment rate (annual average): 8.3%.
Natural resources: Bauxite, lignite, magnesite, oil, marble.
Agriculture (5.4% of GDP): Products--sugar beets, wheat, maize, tomatoes, olives, olive oil, grapes, raisins, wine, oranges, peaches, tobacco, cotton, livestock, dairy products.
Manufacturing (21.3% of GDP): Types--processed foods, shoes, textiles, metals, chemicals, electrical equipment, cement, glass, transport equipment, petroleum products, construction, electrical power.
Services (73.3% of GDP): Transportation, tourism, communications, trade, banking, public administration, defense.
Trade: Exports--$23.5 billion: manufactured goods, food and beverages, petroleum products, cement, chemicals. Major markets--Germany, Italy, France, U.S., U.K. Imports--$75.8 billion: basic manufactures, food and animals, crude oil, chemicals, machinery, transport equipment. Major suppliers--Germany, Italy, France, Japan, Netherlands, U.S.
FYROM
Economy
GDP (2007 est.): $8.036 billion.
Per capita GDP (2007 est.): $3,720.
Real GDP growth (first quarter 2008 est.): 5.2%.
Annualized inflation rate (first half 2008): 10.1%.
Unemployment rate (2007): 34.9%.
Trade: Significant exports--steel, textile products, chromium, lead, zinc, nickel, tobacco, lamb, and wine.
Official exchange rate (2007 avg.): 44.7 Macedonian denars = U.S.$1; (2006 avg.): 48.8 Macedonian denars = U.S.$1.
Turkey
Economy
GDP: (2005) $361.5 billion; (2006) $390.4 billion; (2007) $490 billion.
Annual real GDP growth rate: (2005) 7.4%; (2006) 6.0%; (2007) 4.6%.
GDP per capita: (2005) $5,016; (2006) $5,349; (2007) $6,830.
Annual inflation rate /CPI: (2005) 7.7%; (2006) 9.7%; (2007) 8.4%.
Natural resources: Coal, chromium, mercury, copper, boron, oil, gold.
Agriculture (10.5% of GNP): Major cash crops--cotton, sugar beets, hazelnuts, wheat, barley, and tobacco. Provides about 26% of jobs and 4% of exports.
Industry (25.4% of GNP): Major growth sector, types--automotive, electronics, food processing, textiles, basic metals, chemicals, and petrochemicals. Provides about 20% of jobs.
Trade: Exports (merchandise)--(2005) $73.1 billion; (2006) $83.5 billion; (2007) $106 billion: textiles and apparel, industrial machinery, iron and steel, electronics, petroleum products, and motor vehicles. Imports (merchandise)--(2005) $116 billion; (2006) $135.5 billion; (2007) $167 billion: petroleum, machinery, motor vehicles, electronics, iron, steel, plastics precious metals. Major partners--Germany, U.S., Italy, France, Russia, Italy, Japan, Netherlands, U.K. |
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