The young and well-educated population of Türkiye is a great asset as investors are facing considerable challenges elsewhere in Europe with ageing and shrinking populations.
Türkiye offers excellent opportunities with its growing, young, and dynamic population – the driving force behind a strong labor pool and a lucrative domestic market.
Türkiye’s population was registered as 85.2 million in 2022. It is expected to reach 88.4 million by 2030, and 92.3 million by 2040, according to the Turkish Statistical Institute (TurkStat). The population is projected to maintain its growth momentum until 2050, when it will peak at 93.5 million.
Population Projections (2025-2075, million)
Created with Highcharts 10.3.3 Chart context menu 2025 2027 2029 2031 2033 2035 2037 2039 2041 2043 2045 2047 2049 2051 2053 2055 2057 2059 2061 2063 2065 2067 2069 2071 2073 2075 0 20 40 60 80 100
Source: TurkStat
Türkiye, with half of its population under the age of 33.5 in 2022, has the largest youth population among the EU member countries.
Population-Age Group Pyramid (2022)
Created with Highcharts 10.3.3 Chart context menu Female Male 0-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79 80-84 85-89 90- 4% 3% 2% 1% 0% 1% 2% 3% 4% 5% 5%
Source: TurkStat
Over the past decade, Türkiye’s age-dependency ratio has maintained its downward trend, allowing more flexibility in government expenditure on healthcare, social security, and education.
Age Dependency Ratio by Region (2021, % of working-age population)
Created with Highcharts 10.3.3 Chart context menu EU EUROPE & CENTRAL ASIA OECD MEMBERS TÜRKİYE WORLD 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 44 46 48 50 52 54 56 58 60 62
Source: World Bank
Age Dependency Ratio by Countries (2021, % of working-age population)
Created with Highcharts 10.3.3 Chart context menu 59.3 59.358.3 58.357.7 57.757.3 57.357.1 57.156.5 56.556.4 56.456.3 56.354.9 54.954.5 54.546.8 46.8LATVIA ESTONIA UK BULGARIA ITALY CROATIA GERMANY EU NETHERLANDS OECD TÜRKİYE 44 46 48 50 52 54 56 58 60 62
Source: World Bank
