What are the reasons to invest in Turkey?

What are the reasons to invest in Turkey?

Turkey is a country which is located both in Europe and Asia with a population of 82,0 million. Gross National Income per capita is around 10k USD and classified as an upper middle income country according to World Bank’s report published in 2019. This report is stating that Turkey is at the 33th rank in means of doing business considering among the other countries. This ranking is including the parameters such as; starting the business, protecting minority investors, getting credit etc. Main reasons to make an investment in Turkey are growing economy, population, large domestic market, competitive labor force, reformist investment climate, central location, being an energy terminal of Europe, low taxes on corporations and opportunities on several sectors.

​​​​​The Turkish economy, from​ 2003 to 2018, has posted record growth and climbed from 18th place to 13th globally. Turkey's performance in economic development saw its income per capita increase from USD 3,581 in 2002 to USD 9,632 in 2018.

Turkey offers easy access to 1.5 billion people and a combined market worth of USD 24 trillion GDP in Europe, MENA, and Central Asia within a 4-hour flight radius.

Based on the information on IMD World Competitiveness Yearbook, Turkey has a rate of 6,65 in means of investment incentives over a index from 0 to 10.

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