According to the economic growth
indicators such as national income, per capita income and per capita
consumption, the Turkish economy advances on the way to grow more in the
upcoming period...
Despite unstable conditions in its
geographic region, the country economy sustains its growth more than lots of countries
in the world.
The country
economy cannot operate its potential completely regarding current situation in
the region. When we have a look
at the situation in the
region, the neighboring and surrounding countries of Turkey, such as
Syria, Iraq, Iran, Egypt, Libya, Yemen do not have a suitable condition to
operate its economic activities efficiently. Egypt does not have exact
democracy with its all institutions to be able to activate efficiently. Syria,
Iraq, Libya and Yemen suffer the most from terrorism and strife since 2011 onwards.
Whenever these unwanted events, insurgences
end up, these countries’ investment
and development potential will disclose and this might
bring huge business opportunities not only for the Turkish business, but also
for the entire world.
Another
advantage in this issue, the location of Turkey has a crucial
importance in terms of doing business and economic activities, because of
intersecting between the Europe and Asia continents…
In this
respect, one of the foremost huge investments that would play a triggering
role in the economic
development and new investments is the third airport project of Turkey.
Nearly one year later in 2018 the world’s
number one airport’s first phase will be inaugurated for service in Istanbul.
Playing also an outstanding role in the aspect of international air transport,
the third airport of Istanbul will not only contribute to the Turkish economy and
employment, as well as for the international aviation sector regarding the
global businesses shifting from the west to eastern countries…
Turkish economy has grown three fold in
the last 15 years. During this period, growth percentage in the Turkish economy averagely became 5-6 percent per annum. There is yearly 6-7 percent growth potential on average
in the Turkish economy. This means that the country has a capacity for the new business and investment as
well as generating job.
Surpassing the expectations the first
quarter growth rate which was 5.2 percent urged to revise the growth rate for
the year 2017 that predicted to be between 5 and 7
percent.
Growing 5 percent in the first quarter is
interpreted that the economy is recovering swiftly beyond expectations.
With the first quarter growth rate
Turkish economy achieved a growth rate more than 23 EU countries’ rate. In the second
quarter Turkey’s growth rate became 5.1%. The officials predicted the growth in
Q3 would be higher than 1 and Q2…
The stock market has also showed a good performance and reached an all-time high in August this year.
Featuring as
a driving force in the economy, the export enters upward trend compared to last year’s figure.
All of these indicators show that Turkish
economy is on the right course.