Türkiye in a nutshell
Türkiye (Republic of Turkey) lies partly in Asia and partly in Europe. Positioned at the crossroads of Europe, Asia and Middle East, this country boasts a wonderful historical legacy and a natural strategic location. Türkiye controls the Bosphorus and Dardanelles straits serving as the gateway between the Mediterranean, the Marmara and Black seas, making this country a key global trade corridor.
Outstanding business features
- Fast growing economy: Türkiye climbed from 18th place to 12th globally, with average annual GDP growth of 5,3%, during 2003-2024.
- Young and skilled workforce: more than half the population is under 35.
- Large consumers area: local population of 85 million plus 50 million visitors annually, and easy access to Middle East, Central Asia and Europe markets.
- Favorable environment for foreign investments: ongoing reform process reduced red tape and improved Ease of Doing Business rankings.
Economy and infrastructure
Türkiye hosts approximately 87,000 international companies and offers investment opportunities in a variety of sectors, like automotive (14th largest manufacturer globally), machinery, agri-food, logistics, and energy. The country's infrastructure is strong, with the eighth busiest airport in the world, 36 more international airports, and five of its sea ports ranked among the world's top 100.
