Table of Contents
Country Profile – Turkey
A country profile is an instant guide to the political, economic, demographic, industrial, and business environment of a market. The report provides a range of quantitative and qualitative information on a variety of national aspects including geography, economy, education, demography, labor, political climate, infrastructure, industry, tax, trade, investment and ease of doing business. It also provides a PESTLE analysis of a country's business climate. The country profile can be an effective tool for businesses in their marketing, strategy and planning exercises when studying the future prospects of an economy.
Turkey's strategic location enables easy reach to Europe, MENA, FSU, Turkic and GCC countries providing a unique advantage for companies in financial, service, hospitality, logistics and manufacturing sectors.
The country’s demographic profile is young, with a median age of years. Istanbul as the heart of the country is the densest city in Turkey and the fifth most crowded city in the world.
Turkey’s economy was the 17th largest economy the world in 2013. The average growth is expected to remain stable at per cent over the period of 20152019.
Vision 2023 aims to transform Turkey’s creativity potential into high valueadded products and services through creating an innovation culture.
Exchange rate uncertainty, foreign exchange exposures and regional geopolitical tensions have influenced the pace of recovery of investment of the country.
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