Turkey: Turkey to reach “investment grade” status in 2011

Posted on 14 February 2011

Date: 12/01/2011
Turkey: Turkey to reach “investment grade” status in 2011

According to a HSBC Global Research report Turkey is expected to reach “investment grade” status in 2011.

The report concludes the emerging markets will see the emerging markets involvement in the global economy pushing them into the world’s top 30 economies by the year 2050,.

HSBC forecasts Turkey’s GDP will exceed USD 2 trillion in 2050, making Turkey the 12th largest economy in the world.

Report says that Turkey’s steady growth will be based an increasing population and a large labour force.

The report forecasts Turkey’s GDP will at 5.3% between 2010 and 2020; 4.7% between 2020 and 2030, 4% between 2030 and 2040 and decreasing to 3.5% between 2040 and 2050.

7 January 2011

Invest in Turkey (Dunya)

Why not call us and find out how to see the properties and locations for yourself?
Telephone: +44 (0) 208 339 6036 or to email us, click here