The Turkish Economy owes the superior performance and the high growth rates that it has seen in the last eight years to the consistent financial policies that have been implemented with the backing of ongoing reforms since 2002. Structural reforms that helped achieve macroeconomic alignment with global economy made Turkey the leader in its region with respect to foreign direct investment on the one hand, and paved the way for revolutionary developments in the economy and the finance sector on the other.

These reforms that have been executed rapidly, due in part to the candidacy of Turkey for EU membership, have focused on liberalization of the Turkish economy, concentrating on the private sector, improving the efficiency/resilience of the financial sector, and setting up a robust foundation for the social security system. The reforms that have been implemented strengthened the building blocks of the economy and financial indicators, leading to an average growth figure of 5.2% in the real GDP in the nine-year period between 2002 and 2011.

Today, many regions of Turkey are comprised of industrialized societies. With its young and dynamic population, Turkey is one of the few countries that was able to transition into an industrialized society.

Turkey enjoys great advantages and dynamism in its region due to favorable transportation and low cost opportunities with respect to doing business with Europe, Asia, Middle East, Community of Independent States, and the Balkan countries.

At the same time, it is the largest Muslim economy governed as a Republic, that is, the richest country in the Muslim world.