What is Turkey's economy like?

Turkey’s largely free-market economy is driven by its industry and, increasingly, service sectors, although its traditional agriculture sector still accounts for about 25% of employment.

What is Turkey famous for?

The country is among the world's leading producers of agricultural products, textiles, motor vehicles, transportation equipment, construction materials, consumer electronics and home appliances. Turkey's nominal GDP peaked at $1.029 trillion in 2023, while its nominal GDP per capita peaked at $12,489 in 2013.

Which city is the largest in Turkey?

Levent business district in Istanbul, the largest city in Turkey. Turkey is an important emerging economy with a positive growth rate. Turkey is the fastest growing economy in Europe, the world’s 25th largest, and the 6th largest European economy.

Is Turkey a member of the OECD?

Turkey is a founding member of the OECD and G20, and is classified among the E7 countries, EAGLEs and NICs. As of 2023, Turkey's economy is the 19th-largest in the world by nominal GDP, and the 11th-largest by PPP. According to the IMF, Turkey has an upper-middle income mixed-market emerging economy.