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)
Source:
TurkStat
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
*Estimated figures
Source:
IMF WEO
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)
Source:
TurkStat
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.
Source:
TurkStat
- 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)
