Turkey has an emerging free-market economy. It ranked as the 16th-largest in the world and 7th-largest in Europe by nominal GDP in 2025. It also ranked as the 11th-largest in the world and 5th-largest
Istanbul is the largest city in Europe and the chief financial and economic center of Turkey.
The Atatürk Dam is the largest of the 22 dams in the Southeastern Anatolia Project. The program includes 22 dams, 19 hydraulic power plants, and the irrigation of 1.82 million hectares of land. The total cost of the project is estimated at $32 billion.
Electric vehicles such as buses are manufactured
The Turkish Central Bank and other state-owned banks such as Ziraat Bank, VakıfBank and Halkbank have their new headquarters at the Istanbul Financial Center (IFC).
Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a smaller part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Geo
Economy of Turkey
…Turkey has an emerging free-market economy. It ranked as the 16th-largest in the world and 7th-largest in Europe by nominal GDP in 2025. It also ranked as the…
Some henges at Göbekli Tepe were erected as far back as 9600 BC, predating those of Stonehenge by over seven millennia.
The Lycian Way is a 760 kilometers (470 mi) long hiking path in Southwestern Turkey.
The Library of Celsus in Ephesus was built by the Romans in 114–117.
The Hagia Sophia in Constantinople (now Istanbul) was built by the Eastern Roman emperor Justinian the Great in 532–537.