The Turkish economy is ranked 13th among the world’s largest economies, and 5th largest economy compared with the European Union in 2016 (GDP at PPP, IMF WEO).
An institutionalized economy fueled by USD 144 billion of FDI in the last decade (CBRT) and Attracts about USD 15 billion annually as foreign investment in Turkey. Also, Turkey has an
Stable economic growth with an average annual real GDP (Gross Domestic Product) growth rate of 5.6 percent between 2002 and 2016.
A promising economy with a bright future as it is expected to become one of the fastest growing economies among the OECD members during 2017-2020 with an average annual real GDP growth rate of 5.4 percent (OECD).
Turkey comes after Germany and Italy as the third largest exporter of textiles in the world, its also one of the world’s biggest producers of agricultural products, Clothing, chemical, motor vehicles, ships and other transportation equipment, food, construction materials, consumer electronics and home appliances.