Minister Bolat Announces 6‑Fold GDP Growth and 8‑Fold Export Surge Over 23.5 Years

Minister Bolat announced at the Aksaray Chamber of Commerce and Industry meeting hall that Turkey's dollar‑based national income has grown 6 times and exports have risen 8 times over a 23.5‑year period.

23.5‑Year Economic Narrative

■23.5 years of 6‑fold growth

■8‑fold export increase

■11 million new jobs created

Strategic Moves and Geopolitical Impacts

■Energy import bill hit $100 billion due to the Russia‑Ukraine war

■$50 billion increase in one year

■Energy costs remained high throughout the 6 months of the Gulf conflict

Budget and Infrastructure Investment

■53,500 lives lost in the Kahramanmaraş earthquake

■$105 billion cost over 3.5 years

■Reconstruction and construction activities nearing completion

Employment and Social Welfare

■11 million additional jobs, bringing total employment to 32.7 million

■Promise of relief for all segments of society

■Strengthened counter‑terrorism and defense industry

Markets reacted positively to the expectation of long‑term growth. Economic indicators are supported by high employment and sustainable external trade expansion. Investors see Turkey’s strategic position further strengthened as geopolitical risks are managed.