The economy of Turkiye


History of economic development(cont)


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Economy of Turkiye12

2.History of economic development(cont)

  • during the 1980s there were further shifts in economic policy, including the encouragement of foreign investment.
  • Economic growth was strong in the first decade of the 21st century until 2009, when the global economic crisis pushed the country into a brief recession that was followed by a recovery.
  • GDP in Turkey reached USD 9,661 per capita, or 819.04 billion USD for the whole country. Turkey is therefore one of the world's largest economies and is currently at rank 19.

https://www.britannica.com

2.History of economic development

Turkey has an emerging market economy, as defined by the International Monetary Fund.[37] The country is a founding member of the OECD (1961) and the G-20 major economies (1999). Since 1995, Turkey is a party to the European Union–Turkey Customs Union.

With a population of 85.3 million as of 2022,[45] Turkey is among the world's leading producers of agricultural products, textiles, motor vehicles, transportation equipment, construction materials, consumer electronics and home appliances.

https://en.m.wikipedia.org/wiki/Economy_of_Turkey

3.Agriculture, forestry, and fisheries

  • About one-third of Turkey’s land area is utilized for agriculture,
  • Agricultural products
  • milk, wheat, sugar beet, tomatoes, barley, maize, potatoes, grapes, watermelons, apples
  • agriculture: 6.8% (2017 est.)
  • Forest now covers just over a quarter of Turkey
  • Agriculture, forestry, and fishing in Turkey was reported at 5.5431 % in 2021, according to the WB

https://www.cia.gov/the-world-factbook/countries/turkey-turkiye/#economy

4.Industry


https://www.britannica.com/place/Turkey/Demographic-trends#ref44469

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