Turkey's performance in economic development saw its income per capita increase from USD 3,581 in 2002 to USD 9,632 in 2018.
Income per capita (GDP per capita, current prices)
Turkey is the
11th largest economy in terms of GDP per capita among countries with population over 50 million.
GDP per capita in Countries with Population over 50 Million – 2018
Turkey's economic growth has paved the way for emergence of a sizeable middle-class with an increasing purchasing power.
Stock of Automobiles (millions of passenger cars)
More than 23 urban centers, each with populations of over 1 million, support Turkey's thriving domestic market through their production of goods and services. In terms of population, Istanbul is the largest city in Europe.
- Customs Union with the EU allows direct access to the EU market
- 510 million in EU + 355 million in FTA area in 27 countries with Free Trade Agreements + 81 million in Turkey
- Free Access to a total of 945 million customers
Source: Eurostat, population as of 2017, Ministry of Economy
* In ratification process
- 72 million broadband internet subscribers in 2018, up from 0.1 million in 2002 (ICTA, TurkStat)
- 80.6 million mobile phone subscribers in 2018, up from 23 million in 2002 (TurkStat)
- 66.3 million credit card users in 2018, up from 16 million in 2002 (Interbank Card Center)
- 211 million airline passengers in 2018, up from 33 million in 2002 (General Directorate of State Airports Authority)
- 45.6 million international tourist arrivals in 2018, up from 13 million in 2002 (TurkStat)