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Turkey's dynamic economy is a complex mix of modern industry and commerce along with a traditional agriculture sector that still accounts for about 25% of employment. It has a strong and rapidly growing private sector, and while the state remains a major participant in basic industry, banking, transport, and communication, this role has been diminishing as Turkey's privatization program continues. The largest industrial sector is textiles and clothing, which accounts for one-third of industrial employment; it faces stiff competition in international markets with the end of the global quota system.
Economy of Turkey
Currency Turkish Lira
Fiscal Year
GDP (PPP) $863.3 billion (2009 est.)
GDP (per capita) $11,200 (2009 est.)
Exports $102.2 billion (2009 est.)
Imports $140.8 billion (2009 est.)
Main Industries Textiles, Food Processing, Autos, Electronics, Mining (Coal, Chromate, Copper, Boron), Steel, Petroleum, Construction, Lumber, Paper
Exports - Commodities Apparel, Foodstuffs, Textiles, Metal Manufactures, Transport Equipment
Imports - Commodities Machinery, Chemicals, Semi-finished Goods, Fuels, Transport Equipment
Exports Partners Germany 9.6%, France 6.1%, UK 5.8%, Italy 5.8%, Iraq 5% (2009 est.)
Imports Partners Russia 14%, Germany 10%, China 9%, US 6.1%, Italy 5.4%, France 5% (2009 est.)