GDP, whose fast developing economy was USD 231 billion in 2002, increased more than three times in 2017 and reached USD 851 billion. (TSI)
World’s 13th largest economy in 2017 and 5th largest economy compared to the EU region (IMF, WEO)
A dynamic and mature private sector (TURKSTAT) with an export volume of USD 157 billion with an increase of 335% between 2002 and 2017
88 million population power and the most populous young population compared to the EU (Euro Stat)
Young, dynamic, educated and cultured population.
Since 1997, Turkey is the second largest reformer in OECD member countries in terms of restrictions on foreign direct investment.
A business-friendly environment offering company setup in an average of 6.5 days.
Strong industry and service concept.
In 2017, approximately 58,400 foreign capital companies in Turkey.
New and improved technical infrastructure in transportation, telecommunications and energy sectors, low cost sea transportation, access to Central and Right Europe by rail, direct shipping mechanism to EU countries.
Low Corporate Tax rates.
Total or partial exemption of Corporate Tax and tax benefits applied to Technological Development Zones, Industrial Zones and Free Zones, such as supporting the Social Security share of employers, as well as land allocation
Incentives for Strategic Investments, Large Scale Investments and Regional Investments.
