Page 19 - TURKRptNov21

2.8 Business and consumer confidence surveys
Turkey ranked 117th among 139 countries in the World Justice Project’s Rule of Law Index for 2021.
The world’s most expensive iPhone 13 mini, iPhone 13 Pro and iPhone 13 Pro Max models are sold in Turkey.
In 2020, the Turkish government collected TRY833bn in taxes, or 17% of Turkey’s GDP. Only 34% of that came from direct taxes.
Turkey, meanwhile, is also world leader in the number of required days worked needed to buy an iPhone. The country's minimum wage, which is the income earned by around 40% of the labour force, fell again below $300 per month following the latest Turkish lira depreciation.
Turkey is also good at levying vehicle taxes. A common joke that does the rounds suggests that a Turk buys two cars for Erdogan when they buy one for themself. For instance, a $150,000 Porsche car is sold in Turkey for $600,000.
Erdogan is dead against saving any money from the expense of maintaining his immense reputation. He travels around with at least three aircraft, a few helicopters and a few hundred vehicles.
19 TURKEY Country Report November 2021 www.intellinews.com