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Doing business in Türkiye offers significant strategic and economic advantages for international companies. The country’s geographic position between Europe, Asia, and the Middle East makes it an important trade and logistics hub, enabling businesses to access multiple regional markets efficiently. Türkiye also has a large and young population, which provides both a strong domestic consumer market and a sizable workforce. In addition, the country has a well-developed manufacturing sector, competitive labor costs, and strong industrial capabilities in areas such as automotive, textiles, electronics, and construction materials. Its Customs Union agreement with the European Union facilitates trade with EU markets, making Türkiye an attractive production and export base. Government incentives, improving infrastructure, and a growing technology ecosystem further strengthen the country’s appeal for investors looking to expand into regional and global markets.



Vos conseillers auprès de la Chambre de Commerce

Edith Stein

Contactez-nous: europe@cc.lu


Indicateurs clés

Surface
738,562 km2
Population
88.000.000 (2025 est.)
Type de gouvernement
presidential republic
Langues
Turkish (official), Kurdish, other minority languages
PIB
$1.57 billion (2025 IMF est.)
Taux de croissance
3.6% (2025 est.)
HDI
54
Capitale
Ankara

Indicateurs macroéconomiques

Türkiye has been one of the fastest-growing economies in the OECD over the past decade. However, the income gap with OECD countries remains large and structural challenges persist. More prudent macroeconomic policies are helping to restore sustainable growth and to reduce economic imbalances and should be pursued. Over the long term, improving public finances will require more efficient consumption taxes, a broader income tax base, and strengthened social assistance. Higher labour market participation is also key. Women's participation remains particularly low and would benefit, among other measures, from expanding affordable early childhood education and care. Türkiye has made significant progress in addressing climate change, but emissions are still growing. Reaching the target of zero net emissions by 2053 would require higher effective pricing of carbon and transitioning away from coal. Finally, potential growth per worker in Türkiye has been slowing down and productivity remains relatively low, notably in services sectors. To boost living standards in a sustainable way, the country needs to improve productivity by upskilling the labour force, enhancing innovation, and easing business regulations.

IMF Statistics: 

Subject descriptor 2023 2024 2025 2026 2027

All Items, Consumer price index (CPI), Period average, percent change

Percent

(Units)

53.859

58.506

34.89

24.744

19.47

Current account balance (credit less debit), Percent of GDP

Percent

(Units)

-3.596

-0.77

-1.439

-1.273

-1.2

Current account balance (credit less debit), US dollar

US dollar

(Billions)

-41.469

-10.457

-22.523

-20.064

-19.69

Exports of goods and services, Volume, Free on board (FOB), Percent change

Percent

(Units)

-2.275

2.757

1.985

1.686

3.196

Gross domestic product (GDP), Constant prices, Percent change

Percent

(Units)

5.045

3.328

3.494

3.693

3.725

Gross domestic product (GDP), Current prices, Per capita, US dollar

US dollar

(Units)

13516.335

15882.446

18197.575

18232.019

18891.677

Gross domestic product (GDP), Current prices, US dollar

US dollar

(Billions)

1153.295

1358.251

1565.471

1576.11

1640.862

Imports of goods and services, Volume, Cost insurance freight (CIF), Percent change

Percent

(Units)

11.829

-4.397

8.679

2.387

2.928

Unemployment rate

9.4

8.7

8.29

8.276

8.665

Estimates
  

Source: International Monetary Fund - IMF Data


Le Luxembourg et le pays

Existing conventions and agreements

Non double taxation agreement 

In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.

  • Convention from 09.06.2003 (Memorial 2004, A No.84, p.1171)
  • Effective as of 01.01.2006 (Memorial 2004, A No.84, p.1171)
  • Amendment of the Convention from 30.09.2009 (Memorial 2010, A No.51, p.830)
  • Effective as of 01.01.2012 (Memorial 2010, A No.51, p.830)

Air Services agreement

  • Agreement from 12.10.1988 (Memorial 1991, A, p. 719)
  • Effective as of 09.10.1991 (Memorial 1991, A, p. 1380)

Source: Administration des contributions directes

 


Informations supplémentaires

Foreign Trade

The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.

You can see the statistics on the website of the Statec.

Contact points in Turkey

Embassy of the Grand Duchy of Luxembourg in Türkiye

Ambassador with residence in Ankara: Mr Dan DA CRUZ

Resit Galip Caddesi 70/2
06700 Gaziomanpasa
Ankara 
Türkiye
  
Tel.: +90 312 45 91 400
Fax: +90 312 43 65 055
E-Mail: ankara.amb@mae.etat.lu  
Website: ankara.mae.lu          


Honorary consuls

Honorary Consul with jurisdiction over the Regions of Istanbul and Marmara:

Ms Yeşim HATTAT

Barbaros Blv. No:165 Balmumcu 

34349 Beşiktaş, Istanbul

Tél.: (+90) 532 552 21 00 

E-mail: hattatyesim@yahoo.com

 

Honorary Consul with jurisdiction over the Provinces of the Aegean Region (Izmir, Manisa, Kutahya, Usak, Afyonkarahisar, Denizli, Aydin, Mugla) and Eskisehir Province:

Ms Emine Feyhan YASAR

Bintur Turizum ve Catering Hizmetleri A.S. 

Gaziosmanpaşa Bulvari 

Bati İşhanı n°10 Kat.4

35210 Izmir 

Türkiye

Tel.: (+90) 232 482 22 00
E-Mail: feyhan.yasar@yasar.com.fr ; ayse.morgan@yasar.com.tr 

Source: Ministry of Foreign Affairs of Luxembourg

 

Country risk as defined by Office du Ducroire for Turkey

Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.

Link: Ducroire Office - Country Risk for Turkey

Other useful links


La Chambre de Commerce et le pays