Latest News

Investors are flocking to Istanbul – Economic rise of Turkey

29th March 2018


As Turkeys economic center, Istanbul has a thriving $449 billion economy. The city is committed to strengthening its trade and commerce worth $192 billion and rapidly transforming into a regional fiancé hub in the mid-run.

More than 58,000 companies have invested in Turkey

Some of the large companies –

Toyota
Groupama
Faber Castell
Coca cola
DHL
Nestle
BASF
Mango
Hyundai
Shell
Unilever
Microsoft
CITI
Bosch

Facts


Turkey becomes fastest growing economy among G20 countries in 2017. Turkey 7.4 China 6.8 India 6.4 Indonesia 5.1 South Korea 3.1 Canada 3 Argentina 2.9 Australia 2.3 USA 2.3 Germany 2.2 Mexico 2 France 1.8 Japan 1.7 UK 1.7 Italy 1.5 South Africa 1.3 Brazil 1

Istanbul’s economy is larger than the economies of approximately 130 countries.

$192 billion – Istanbul international trade volume.

Turkeys average annual real GDP growth rate – 5.6% (2003-2016)

Turkey is 13th largest economy in the world

Population -80.8 million with half under the age of 31

University graduates 800,000 per year

With its population, position as a regional transportation hub, advanced infrastructure, high living standards, economic volume, qualified workforce and entrepreneurial ecosystem, Istanbul will continue to be a global center of attraction for investors.


 


 


 


Please sign up free to YellAli for updates.


 




http://www.yellali.com/assets/images/turkish_residence_permit_banner.png

---------------------------------------------------------------------------------------------------------------------------------------------------------------


To receive the Latest News in Turkey, Free Expat Advice and much more : 

Sign up FREE to YellAli


 


 



Please login to comment

username or email
Password
Back