Turkey - Economic sectors



Turkey's economy has been able to supply a broad range of goods and services since the early 1950s. Since then, the mix of domestic production has seen a shift from agriculture to manufacturing, and then to services. In the early 1950s, agriculture made up a little under 50 percent of gross domestic product (GDP), while the manufacturing sector's share was about 20 percent. In the 1970s, with the government's continued emphasis on

industrialization, manufacturing caught up with agriculture for the first time and surpassed it. This trend continued until the 1980s. With the economic reforms of the 1980s, the economic shift accelerated as all sectors exhibited strong growth, though both manufacturing and services grew much more rapidly. By the late 1990s, the services sector began to dominate the domestic economy: in 1999, the services sector made up 56 percent of GDP, while manufacturing was at 29 percent and agriculture at 15 percent. However, all 3 remain vital to the Turkish economy.

User Contributions:

Comment about this article, ask questions, or add new information about this topic: