Turkey’s agri-boom
Thursday 12th January, 2012
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Turkish flag | WorldCrops.comBy Taylan Bilgic
2011 was a boom year for Turkey’s agriculture. According to official statistics, the sector, which accounts for 5.6 million jobs out of around 25 million in total, grew by 5.3% in the first three quarters of the year. The agricultural sector has therefore expanded in seven of the past eight years, despite the destructive effects of the global financial crisis. Moreover, Turkey’s 2011 agricultural exports broke a new record, rising to $17.9 billion, a 19% rise year-on-year. Turkey’s agricultural growth has created plenty of jobs. As of September (the latest data available), Turkey’s jobless rate was at 8.8%, way below the average 2009 rate of 14%. Indeed, the September unemployment data is the best for a decade.
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