According to the IMF, Türkiye is the 17th largest economy in the world, boasting a GDP of $1.024 trillion as of 2023. It is a member of both the OECD and the G20, and it has become an increasingly significant donor of official development assistance (ODA).
| Türkiye | 2023 |
|---|---|
| Population, million | 85.8 |
| GDP, current US$ million. | 1024 |
| GDP per capita, current US$ | 11.938,8 |
| Life Expectancy at Birth, years | 76 |
- Türkiye provides convenient access to a market of 1.3 billion people and a combined GDP worth USD 28 trillion across Europe, the MENA region, and Central Asia, all within a four-hour flight radius.
- Türkiye’s strategic location offers easy access to markets across 16 different time zones, spanning from Tokyo to New York. Also Turkish Airlines serves 342 destinations across 121 countries.
- Multinational companies are increasingly choosing Türkiye as a preferred hub for manufacturing, exporting, and management.
exports over %85 of its
production in Türkiye
exports over %87 of its
production in Türkiye
uses Türkiye as a production
base for MENA region
has its largest production facility globally in Türkiye
- Türkiye’s thriving domestic market is supported by more than 24 urban centers, each with populations exceeding 1 million, contributing significantly to the production of goods and services. Istanbul is the largest city in Europe by population.
Source: https://www.invest.gov.tr/en/whyturkey/top-reasons-to-invest-in-turkey/pages/large-domestic-and-regional-markets.aspx