Turkish Republic Of Northern Cyprus

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TURKISH REPUBLIC OF NORTHERN CYPRUS (TRNC)ECONOMY• Turkish Republic Of Northern Cyprus(TRNC) had the real growthrate in the period 2000 - 2006 was increased from -0,6% to 13,2%,while for the years 2007 , 2008 and 2009 it was enormouslydecreased to 1,5% ,-3,4% and -5,6% respectively.2◦ The TRNC economy recovered in 2010 and it has a positive growthrate 3,6%.It is estimated that the TRNC economy will grow %4,2 at2011.• At the same time, the effort of reduction of inflation had as result adecrease from the 76,8 % in 2001 in the 2,7% in 2005 and 14,5% in2008. In 2009 inflation rate was %5.7 and %3.27 in 2010, whichwere below the inflation rates in Turkey in those years.
3• The economy of TRNC is dominated by the services sector (78.7% ofGDP in 2010), which includes Trade-Tourism, Transport-Communication, Financial Institutions, Ownership of Dwellings,Business and Personal Services, Public Services and Import Duties.• In 2010 Industry (light manufacturing & construction) contributes9.8% of GDP and agriculture 5.9%.
Page 1: 1T U R K I S H R E P U B L I C O F
Page 5 and 6: • Export from TRNC to EU countrie
Page 7 and 8: Import Products for TRNC($)Products
Page 9 and 10: Total Imports by Islamic Countries(
Page 11 and 12: Green Line Regulation• From North
Page 13 and 14: Total Exports,According the Green L
Page 15 and 16: The Number Of Tourists In Tourist A
Page 17 and 18: Higher Education1740,0003320230,000
Page 19 and 20: INCENTIVES FOR INVESTORS• The Law
Page 21 and 22: Investment Incentives Applied Under
Page 23 and 24: Investment Incentives Applied Under
Page 25 and 26: Incentive Certificates Issued Under
Page 27: 27Thank youÖdül MuhtaroğluDirect

Turkish Republic Of Northern Cyprus

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