Turkey Economy

Turkey Economy

Turkey's economy is diverse, with manufacturing in autos, textiles, and electronics. Agriculture exports hazelnuts and cherries. Tourism to Istanbul and Cappadocia thrives. Construction booms with megaprojects. Energy imports strain balances. Istanbul's finance hub grows. Challenges include inflation and lira volatility. EU customs union aids trade. Turkey's strategic position bridges continents. Reforms target tech and renewables despite geopolitical tensions.

World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Turkey GDP statistics.