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Turkey has experienced a remarkable economic leap in recent years under the leadership of President Recep Tayyip Erdoğan. By 2025, it ranked 16th globally in terms of economic size, up from 21st. Annual exports increased from $36 billion in 2002 to $278 billion in June 2026. Additionally, the gross national product rose from $240 billion to $1.6 trillion. These figures reflect the country's economic development that has strengthened Turkey's position both internationally and in Europe.
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