Turkey Becomes 15th Biggest Economy in the World in National Income

Thursday, 25 November 2010

Turkey, which was earlier listed as the 16th biggest economy in the world in terms of size of national income, has revised its position in the ranking as the 15th, due to a correction made by the Council of Ministers in the Gross Domestic Product (GDP) figures in the country's 2011 Program.

Following such correction, Turkey's Purchasing Power Parity (PPP) based national income size, which was previously envisaged as 947.83 billion USD for 2010, has become 1.1 trillion USD.