Turkey – Fast Facts
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Turkey is an upper middle-income economy comes under the Europe and Central Asian region, as to the classification made by the World Bank on the basis of income and region for the year 2006.
Economic growth rate of the Turkey is impressive in the recent years. The country possesses a larger expanded private sector. The services sector contribute s a larger portion to the country’s GDP followed by the industrial sector.
Turkey is an upper middle-income economy comes under the Europe and Central Asian region, as to the classification made by the World Bank on the basis of income and region for the year 2006.
Economic growth rate of the Turkey is impressive in the recent years. The country possesses a larger expanded private sector. The services sector contribute s a larger portion to the country’s GDP followed by the industrial sector.
Major agricultural products in the country are wheat, tobacco, cotton, sugar and olive oil. Important industries are steel, petroleum, iron, cars, and processed foods. The country has larger mineral deposits of iron ore, copper, and chromium.
