By the time it celebrates a century as a republic in 2023, Turkey wants to be one of the world's 10 largest economies. It is aiming to have gross domestic product (GDP) per capita of $25,000 and $500bn-worth of exports, annually. Currently, it is the world’s 17th biggest economy and both its GDP per capita and annual exports stand at less than half their targets at $10,500 and $153bn, respectively. GDP growth in 2012 was a modest 2.2%.
If Turkey is to achieve its ambitious goal before the 2023 deadline, it has some obstacles to overcome. But it seems the country is on the right track.
