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202 - Ahmet Ouz Atalay 1482553 Assignment-1 Growth...

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Ahmet Oğuz Atalay 1482553 Assignment-1 Growth, Unemployment and Inflation in Turkey since 2003 2003 2004 2005 2006 2007 2008 2009 2010 GDP Deflator (base year 2005) 83,1 93,4 100 109,3 116,1 130,1 136,8 146,5 Unemployment Rate 10,50% 10,80% 10,60% 10,20% 10,30% 11% 14% 11% Labor Participation 48,30% 46,30% 46,40% 46,30% 46,20% 46,90% 47,90% 48,60 Labor Participation (Male) 70,40% 70,30% 70,60% 69,90% 69,80% 70,10% 70,50% 70,40 Labor Participation (Female) 26,60% 23,30% 23,30% 23,60% 23,60% 24,50% 26% 27,50 GDP Deflator (percentage change) 23,29% 12,39% 7,07% 9,30% 6,22% 12,05% 5,15% 7,10% Inflation 21,60% 8,60% 8,20% 9,60% 8,80% 10,40% 6,50% 6,40% Growth of Real GDP 5,30% 9,40% 8,40% 6,90% 4,70% 0,90% -4,70% 8,90% References: www.tuik.gov.tr www.oecd.org www.hazine.org.tr In this table, there are Turkish macroeconomic variables over 2003-2010 period. According to statistical data, in 2003 GDP deflator is 83,1 (base year 2005) and in 2010 it nearly duplicated. However, both percentage change of GDP deflator and inflation rate
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