All Middle East markets

Türkiye

A US$1.6 trillion economy bridging Europe and Asia, with customs-union access to the EU and record goods exports.

Population
≈86.1 million (2025)
GDP (nominal)
≈US$1.6 trillion (2025)
Real growth
≈3.6% (2025)
Capital
Ankara
Currency
Turkish lira (TRY)
Economy & outlook

Türkiye

Türkiye is a diversified economy in which services generate roughly 59% of value added and industry, including construction, about 24%. Goods exports reached a record US$273.4 billion in 2025, led by automotive, chemicals and electrical-electronics. A customs union with the European Union, deep manufacturing supply chains and proximity to European, Middle Eastern and Central Asian markets underpin its competitiveness.

Investment promotion is led by the Investment Office of the Presidency. Incentives run through regional, sectoral, strategic, project-based and free-zone regimes, alongside the US$30 billion HIT-30 high-technology programme — offering corporate tax reduction, VAT and customs exemptions, social-security premium support and land allocation. Policy is anchored in the Twelfth Development Plan (2024–2028). Foreign direct investment reached US$13.1 billion in 2025.

Focus sectors

Automotive · chemicals & pharmaceuticals · electronics & ICT · defence & aerospace · energy & renewables · logistics

Global rankings

  • #43 of 139 — Global Innovation Index, WIPO (2025)
  • BB− / B, stable outlook — S&P sovereign credit rating (2026)
  • US$13.1 billion — foreign direct investment inflow (Investment Office, 2025)

Rankings as published by each institution; positions change annually — verify before formal use.

WIPO GII · S&P · Invest in Türkiye

Visit the investment authority

Sources: World Bank · IMF · Investment Office of the Presidency

The Blue Mosque (Sultan Ahmed Mosque), Istanbul — above the Bosphorus at dusk — Fatih Yurur / Unsplash