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Turkey as a Bridge
Turkey plays a unique geopolitical role at the strategic crossroads between East and West. With its links to the Middle East and Central Asia, it is also emerging as a key energy corridor between those energy-producing regions and other parts of the world.
Turkey is going through an incredible economic, political and social transformation. Turkey is sending a strong signal that democracy, secularism and economic growth can co-exist. While Turkey is only a mid-sized country with a population (73 million) smaller than Germany’s but larger than France’s, its 6-10% annual economic growth in the last five years is brisk enough to inspire foreign investors to bracket it with that fascinating club of dynamic emerging markets known as the BRICs – Brazil, Russia, India and China.
Turkey is a land which enjoys a heritage of tolerance and mutual understanding, enabling all faiths to co-exist in peace and harmony. The power that comes from its history, coupled with values established today, has built a strong nation.
With its $ 360 billion national revenue, the Turkish economy is the world’s 19th and Europe’s 7th biggest economy.
Turkey – Foreign trade
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Turkey – GDP Growth & Inflation
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Turkey – turning to the Future
| What is really at issue is the globalisation of Turkey. Competitiveness is the key to future success, particularly as the country deepens ties with Europe and moves towards EU accession. Turkey can help Europe address its demographic deficits and provide deeper links to a large market and a low-cost labour pool. |
The country has achieved much in recent years and now ranks 59th on the World Economic Forum’s Global Competitiveness Index, up from 71st place in 2005, the biggest improvement of any country in the survey.
Based on the WEF publication “World Economic Forum in Turkey - Connecting Regions, Creating New Opportunities” (2006)
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Turkey – Tourist Arrivals (in millions of visitors)
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Road Transport in Turkey
Road transport is the dominant transport mode in Turkey which lacks inland waterways suitable for transport and is equipped with a relatively low number of railway lines. In domestic passenger transport, road transport’s market share is 95%, while in domestic freight transport, its share is up to 93%. In international transport, maritime transport dominates the market.
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In the near future, large investments are planned to develop transport infrastructure, including railway lines and short sea connections, but road transport will remain the leading transport mode.
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Market shares in domestic transport in Turkey
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