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.
The 21st century has been Turkey's "Technological Transformation" era, with significant investments in high-tech sovereignty. 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
: Between 2002 and 2022, real GDP growth averaged 5.4% , effectively doubling the country's real per capita income.
: 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
: As of 2026, Turkey is ranked as the 17th largest economy in the world, with a GDP of approximately $1.34 trillion .