We returned to 2001 in the world ranking in terms of income

We returned to 2001 in the world ranking in terms of income

We returned to 2001 in the world ranking in terms of income

Tolga UĞUR

Türkiye continues to decline in the world ranking of per capita income. According to IMF data, Turkey ranked 78th in the world in 2022 in per capita income, which is one of the indicators used to measure the difference in well-being and development between countries. According to the IMF, in 1980 Turkey ranked 55th in the world in this regard, with a per capita income of $2,133.

Turkey, which ranked 49th in 1990 with a per capita income of $3,738, entered the millennium ranked 67th. During the AKP period, Turkey’s per capita income long hovered around 60th in the world. Even in 2013, when per capita income exceeded 12 thousand dollars and reached its highest level, Turkey ranked 66th. After 2018, when the presidential system was introduced, Turkey’s ranking in the world decreased rapidly. From 2013 to 2021, Turkey’s per capita income in dollar terms decreased and fell below 10 thousand dollars. Türkiye; He was ranked 75th in the world in 2020, 77th in 2021, and 78th in 2022.

2022 was one of the two worst years in per capita income after 1980.

WE COUNT IN OUR PLACE

Turkey last ranked 78th in per capita income in 2001, when there was a major economic crisis. Although the government aims to reduce inflation on the one hand and achieve stable growth on the other, Turkey is expected to remain stagnant in the world ranking of per capita income. According to IMF forecasts, Turkey will finish this year in 69th place with a per capita income of $13,383. Although per capita income is expected to increase to $15,898 in 2025 and $17,332 in 2028, Turkey’s share in the world ranking will be 67th and 68th respectively.

Mahfi Eğilmez

‘The collapse of the middle class began in 2021’

Economist Dr. In her article titled ‘The beginning of the collapse of the middle class’ on her blog, Mahfi Eğilmez stated that the collapse of the middle class in Turkey began in 2021, but the ‘real’ deteriorations in income distribution are produced in 2022 and 2023. . Eğilmez said: “If we look at the transition from 2013 to 2021, the country’s total average per capita income appears to have decreased from $12,495 to $9,528. “Although there is also a decline in the highest income groups, the declines in the three lowest income groups appear to have pushed the middle income group down even further,” she said.

Source: Sozcu

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