It takes an average of 6,0-7,0 days to start a business, while it is higher for similar countries in the region. Based on the information on IMD World Competitiveness Yearbook, Turkey has a rate of 6,65 in means of investment incentives over a index from 0 to 10. Hungary has a rate of 5,47, Romania has a rate of 4,77, Greece has a rate of 3,94 and Bulgaria has a rate of 3,9. Turkey has better scores for parameters of “flexibility” and “globalization”.
Turkey, with half of its population under the age of 32 in 2018, has the largest youth population among the EU member countries. Turkey has a population of 82,0 million and which is higher than total population of Hungary, Romania, Greece and Bulgaria. 24,2% of Turkey’s population is under 15 years old, while it is around 14% for Hungary, Romania, Greece and Bulgaria.