TUR · snapshot 2026-08-09
Turkiye
HighOverall risk score
56.7
Percentile of scored universe
69th
Data coverage
97%
vs Australia (16.1)
+40.6
Category breakdown
Political Stability & Governance
High6 indicators · 100% coverage
Economic Resilience
High7 indicators · 100% coverage
Financial & Currency Risk
Very High5 indicators · 100% coverage
Business Environment
Medium3 indicators · 75% coverage
Security & Crime
Very High4 indicators · 100% coverage
Climate & Social Compliance
High4 indicators · 100% coverage
Technology & Digital
Low4 indicators · 100% coverage
Cultural Distance
Very High9 indicators · 100% coverage · not in overall score
Key risks and considerations
Turkiye rates High for market entry — an overall risk score of 56.7, riskier than 69% of rated economies and 41 points riskier than Australia.
The main risk drivers are high modern-slavery prevalence (15.7 per 1,000), pervasive organised crime (7.2/10), unstable prices (CPI 34.9%), political instability and high natural-disaster risk.
Relative strengths: E-government development sits in the least-risky quarter of rated economies, and government net debt rates Low, the least-risky rating band.
Possible mitigations
- Political violence. Consider political-violence and political-risk insurance, keep asset footprints light, and maintain an exit/continuity plan with defined triggers.
- Organised crime. Expect extortion, counterfeiting, and cargo-theft exposure: harden supply-chain security, vet logistics partners and distributors carefully, and avoid cash-heavy channels.
- Corruption and legal recourse. Run a strong anti-bribery program (Australian foreign-bribery law follows you abroad), conduct third-party due diligence, and seat dispute resolution offshore — arbitration clauses (e.g. SIAC or HKIAC) beat local courts.
- Getting money out. Confirm profit-repatriation channels before committing capital: seek central-bank pre-approvals where required, consider an export-first model over an in-country entity, and structure via clear remittance jurisdictions.
- Currency risk. Invoice in AUD or USD where the market allows, hedge unavoidable exposure, shorten receivable cycles, and build FX buffers into pricing.
- Price instability. Use indexation clauses, shorter pricing cycles, and local-cost pass-through mechanisms so inflation (or deflation) doesn't silently erode margins.
Generated automatically from this snapshot’s indicator data — a starting point for analysis, not advice.
Indicators
| Indicator | Value | Risk score | Rating | Australia | Data source year | Source |
|---|---|---|---|---|---|---|
| Political Stability & Governance | ||||||
| Voice & accountability (WGI) | 37.7 | 78.3 | Very High | |||
| Government effectiveness (WGI) | 50.0 | 52.0 | High | |||
| Regulatory quality (WGI) | 51.5 | 54.9 | High | |||
| Rule of law (WGI) | 42.4 | 73.7 | High | |||
| Control of corruption (WGI) | 36.5 | 66.4 | High | |||
| Political stability & absence of violence/terrorism (WGI PV) | 49.3 | 83.3 | Very High | |||
| Economic Resilience | ||||||
| GDP growth (3-yr average, %) | 4.0% (3-yr avg) | 45.0 | Medium | |||
| Growth volatility (10-yr std dev, pp) | ±3.1 pp | 43.5 | Medium | |||
| Government net debt (% of GDP) | 18.8 | 15.0 | Low | |||
| Inflation (CPI %, vs income-group target) | 34.9 | 95.0 | Very High | |||
| Current account (3-yr average, % of GDP) | -3.1% (3-yr avg) | 40.0 | Medium | |||
| FX reserves (months of import cover) | 4.7 months | 30.0 | Medium | |||
| GDP per capita (PPP, current intl $) | $45,288 | 28.9 | Medium | |||
| Financial & Currency Risk | ||||||
| Capital-account openness (Chinn-Ito KAOPEN) | 0.16 | 78.0 | Very High | |||
| Currency stability (regime-aware classification) | Step-devaluation history (>15% single-month move) | 70.0 | High | |||
| Sovereign credit risk (OECD country risk classification) | Category 5 / 7 | 64.0 | High | |||
| FATF listing (grey / black list status) | Not listed | 0.0 | Low | |||
| Double-tax agreement with Australia | In force | 0.0 | Low | |||
| Business Environment | ||||||
| FDI regulatory restrictiveness (OECD FDIRRI) | 0.11 | 55.0 | High | |||
| Logistics performance (World Bank LPI) | 3.4 | 27.9 | Medium | |||
| Business readiness (World Bank B-READY pillar average) | — | — | Insufficient data | |||
| Investment protection with Australia in force (BIT or FTA investment chapter) | In force | 0.0 | Low | |||
| Security & Crime | ||||||
| Armed-conflict intensity (battle deaths per 100k, 5-yr) | 0.1 | 78.1 | Very High | |||
| Intentional homicide rate (per 100k) | 3.2 | 57.6 | High | |||
| Organised crime pervasiveness (GI-TOC criminality score) | 7.2 | 95.1 | Very High | |||
| DFAT Smartraveller advisory level | Level 2 — Exercise a high degree of caution | 40.0 | Medium | |||
| Climate & Social Compliance | ||||||
| Physical climate vulnerability (ND-GAIN vulnerability) | 0.396 | 30.8 | Medium | |||
| Disaster risk (INFORM Risk Index) | 5.5 | 83.0 | Very High | |||
| Modern-slavery prevalence (per 1,000) | 15.7 | 97.2 | Very High | |||
| Modern-slavery vulnerability score | 50.7 | 54.1 | High | |||
| Technology & Digital | ||||||
| E-government development (UN EGDI) | 0.9 | 13.7 | Low | |||
| Internet users (% of population) | 89.8 | 30.9 | Medium | |||
| Cybercrime origination (World Cybercrime Index) | 1.2 | 30.0 | Medium | |||
| Secure internet servers (per million people) | 11103.4 | 27.2 | Medium | |||
Per-indicator ratings are quartile bands of the 0–100 risk score. The Australia column shows the same indicator’s raw value for the Australian baseline in this snapshot.
Cultural distance
GLOBE 2004 societal practices · rated on distance from Australia · not in the overall score
Context — not scored
Unemployment
8.5%
Displayed, never scored: ambiguous for an entrant and unreliable where informal employment dominates. (2025, ILO modelled)
Trade agreement
No Australian FTA in force
Market access is decision-relevant but a benefit, not a risk — kept out of the rating.
Regional advisories
Higher levels apply in some areas (up to Level 4)
DFAT Smartraveller sub-national advice where it exceeds the overall level.
Compare with
A score means little on its own. These economies scored closest to Turkiye in this snapshot, which is the fastest way to see whether the rating is telling you something specific or something regional.