01. A VERY PROFITABLE ECONOMY

01. A VERY PROFITABLE ECONOMY

  • Successful economy; GDP has reached USD 800.1 billion in 2014, up from USD 231 billion in 2002 (TurkStat)
  • Stable economic growth with an average annual real GDP growth rate of 4.7 percent between 2002 and 2014 (TurkStat)
  • Promising economy with a bright future as it is expected to become one of the fastest growing economies among the OECD members during 2014-2016 with an average annual real GDP growth rate of 3.6 percent (OECD, February 2015)
  • 16th largest economy in the world and 6th largest economy compared with the EU in 2014 (GDP at PPP, IMF WEO)

01. A VERY PROFITABLE ECONOMY

  • Successful economy; GDP has reached USD 800.1 billion in 2014, up from USD 231 billion in 2002 (TurkStat)
  • Stable economic growth with an average annual real GDP growth rate of 4.7 percent between 2002 and 2014 (TurkStat)
  • Promising economy with a bright future as it is expected to become one of the fastest growing economies among the OECD members during 2014-2016 with an average annual real GDP growth rate of 3.6 percent (OECD, February 2015)
  • 16th largest economy in the world and 6th largest economy compared with the EU in 2014 (GDP at PPP, IMF WEO)
  • Institutionalized economy fueled by USD 144 billion of FDI in the last decade (CBRT)
  • A dynamic and mature private sector with USD 158 billion worth of exports and an increase of 250 percent between 2004 and 2014 (TurkStat)
  • Established economy empowered by USD 135 bill. Of FDI in the last decade. (CBRT)

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