Foreign Investor Guide
Reference: Presidency of the Republic of Turkey Investment office www.invest.gov.tr
WIDE DOMESTIC AND REGIONAL MARKETS
Per Capita Income (GDP per capita, current prices)
The economic development performance of Turkey enabled the per capita income to increase from 3,581 USD in 2002 to 9,632 USD in 2018.
Source: TURKSTAT
GDP Per Capita in Countries With Population Over 50 Million – 2018
Turkey is the 11th largest economy in terms of GDP per capita among countries with a population of over 50 million.
* Estimated figures
Source: IMF World Economic Outlook Report
Automobile Stock (million passenger cars)
Turkey's economic growth has led to the emergence of a large middle class with increased purchasing power.
Source: TURKSTAT
Urbanization
In Turkey, there are 23 cities with a population of over 1 million, which are the engines of economic growth and social development with the goods and services they produce. Istanbul is the most populous city in Europe.
Source: TURKSTAT
Access to Markets
Source: Eurostat, population as of 2017, Ministry of Commerce
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