Unemployment rates during major crisis periods in our country's history:
OFFICIAL UNEMPLOYMENT RATE IN THE 1994 ECONOMIC CRISIS: 8.5%
2001 OFFICIAL unemployment rate in the economic crisis: 8.4%
OFFICIAL UNEMPLOYMENT RATE IN THE ECONOMIC CRISIS OF 2009: 10.3%
OFFICIAL UNCERTAINTY RATE IN THE 2018 ECONOMIC CRISIS: 13.5%
The deepening economic crisis is pointing to the biggest crisis in terms of unemployment. While the unemployment rate in the 1994 crisis was 8.5%, the unemployment rate in 2001, which is one of the most serious crises in the history of the Republic, was 8.4%. After the 2008 global crisis, the economy contracted by 9.2% in 2009 and the unemployment rate increased to 10.03%.
The figures for 2018 revealed 13.5% unemployment and 4.3 million unemployed people. While youth unemployment has risen to 24.8%, the crisis, when the majority of the media knowingly does not see and is already the biggest crisis in unemployment.
Again, according to the official figures announced by TURKSTAT, we closed the year 2018 by -3 shrinkage.
While GDP was 851 billion dollars in 2017, it decreased by 8 percent in 2018 to 785 billion dollars. The national income per capita fell to 965 dollars and fell to $ 9 thousand 632 in 2018 from the level of 10 thousand 597 dollars in 2017.