Turkey’s cultural expenses rise in 2018: Official data


Turkey’s cultural expenses rise in 2018: Official data

Country’s cultural expenses reach $11.3B last year, with increase of 23.4%, show official figures

Turkey’s cultural expenditures rose by 23.4% to reach 54.38 billion Turkish liras ($11.28 billion) in 2018, according to official figures released on Tuesday.

The ratio of cultural expenses in the country’s GDP was 1.5% last year, up from 1.4% in 2018, Turkish Statistical Institute (TurkStat) said.

“The 64.3% of the expenditures were the general government cultural expenditures and 35.7% were the private cultural expenditures,” the institute noted.

It added that general government’s cultural expenditures increased by 23.4% in the year to 34.95 billion Turkish liras ($7.25 billion), versus 2017.

In the same period, households’ cultural spendings also saw a rise of 23.9% to reach 18.96 billion Turkish liras ($3.93 billion).

Over quarter of households’ cultural expenses were made for television and TV broadcasting, with books/newspapers (16.5%) and data processing equipment (13.3%) following it.

“In 2018, the turnover value of the enterprises’ total cultural goods and services increased by 11.3% compared to 2017 and reached 38.99 billion Turkish liras ($8.08 billion),” TurkStat said.

Turkey’s cultural goods exports were 34.1 billion Turkish liras ($7.07 billion) in 2018, while its imports were 22.7 billion Turkish liras ($4.7 billion).

The average U.S. dollar/Turkish lira rate was 4.82 in 2018.

AdvertisementThe new Emirates Premium Economy has arrived on the latest Emirates A380 Emirates Get the best value from your summer holiday with exclusive offers and discounts across Dubai and the UAE with Emirates Pass

What do you think?