LARGE DOMESTIC AND REGIONAL MARKETS

Türkiye's performance in economic development saw its income per capita increase from USD 3,581 in 2002 to USD 8,599 in 2020.

Türkiye is the 10th largest economy in terms of GDP per capita among countries with population over 50 million.​

Türkiye's economic growth has paved the way for emergence of a sizeable middle-class with an increasing purchasing power.

More than 24 urban centers, each with populations of over 1 million, support Türkiye's thriving domestic market through their production of goods and services. In terms of population, Istanbul is the largest city in Europe.

• 85.7 million broadband internet subscribers in 2021-Q2, up from 0.1 million in 2002 (ICTA)
• 84.6 million mobile phone subscribers in 2021-Q2, up from 23 million in 2002 (ICTA)
• 82.8 million total number of credit cards in 2021​, up from 16 million in 2002 (Interbank Card Center)
• 209 million airline passengers in 2019, up from 33 million in 2002 (General Directorate of State Airports Authority)
• 51.9 million international tourist arrivals in 2019, up from 13 million in 2002 (TurkStat)