21. Yгјzyд±lda Tгјrkiye -

At the dawn of the 21st century, Turkey underwent a profound transformation, evolving from a fragile economy into a assertive regional power and a high-technology manufacturing hub. This report summarizes the nation's key developments across economic, political, and technological sectors during the first quarter of the century.

: As of 2026, Turkey is ranked as the 17th largest economy in the world, with a GDP of approximately $1.34 trillion . 21. YГјzyД±lda TГјrkiye

Turkey Overview: Development news, research ... - World Bank At the dawn of the 21st century, Turkey

Turkey’s economy in the 21st century is characterized by a shift from a closed system to an open, liberal market. Turkey Overview: Development news, research

The 21st century has been Turkey's "Technological Transformation" era, with significant investments in high-tech sovereignty.

: Despite achieving high growth and poverty reduction—from over 20% in 2007 to 7.6% in 2021—the economy faces ongoing hurdles such as high inflation, currency fluctuations, and the massive $81.5 billion recovery cost from the 2023 earthquakes . 2. Technological Advancement and Industry

: Between 2002 and 2022, real GDP growth averaged 5.4% , effectively doubling the country's real per capita income.