ECONOMY
Industry:
The largest industries in 2005 were textiles and clothing (16.3% of total industrial capacity in 2005 according to the State Institute of Statistics), followed by oil refinery (14.5%), food (10.6%), chemicals (10.3%), iron and steel (8.9%), automotive (6.3%), and machinery (5.8%). Textiles and clothing also constituted the largest share in total exports (19% in 2005), followed by automotive (18%), iron and steel (13%), white goods (10%), chemicals and pharmaceuticals (9%), and machinery (7%). Izmir Atatürk Organized Industrial Zone (IAOIZ) is one of the largest and most modern organized industrial zones in Turkey.
Turkey's Vestel Electronics is the largest TV producer in Europe, accounting for a quarter of all TV sets manufactured and sold on the continent. By January 2005, Vestel and its rival Turkish electronics and white goods brand BEKO accounted for more than half of all TV sets manufactured in Europe. Another Turkish electronics brand, Profilo-Telra, was Europe's third largest TV producer in 2005. EU market share of Turkish companies in consumer electronics has increased significantly following the Customs Union agreement signed between the EU and Turkey: in color TVs from 5% in 1995 to more than 50% in 2005, in digital devices from 3% to 15%, and in white goods from 3% to 18%.
Turkey has a large and growing automotive industry, which produced 1,024,987 motor vehicles in 2006, ranking as the 7th largest automotive producer in Europe; behind Germany (5,819,614), France (3,174,260), Spain (2,770,435), the United Kingdom (1,648,388), Russia (1,508,358) and Italy (1,211,594), respectively.
In 2008 Turkey produced 1,147,110 motor vehicles, ranking as the 6th largest producer in Europe (behind the United Kingdom and above Italy) and the 15th largest producer in the world.
Agriculture:
As of March 2007, Turkey is the world's largest producer of hazelnut, cherry, fig, apricot, quince and pomegranate; the second largest producer of watermelon, cucumber and chickpea; the third largest producer of tomato, eggplant, green pepper, lentil and pistacchio; the fourth largest producer of onion and olive; the fifth largest producer of sugar beet; the sixth largest producer of tobacco, tea and apple; the seventh largest producer of cotton and barley; the eighth largest producer of almond; the ninth largest producer of wheat, rye and grapefruit, and the tenth largest producer of lemon.
Turkey has been self-sufficient in food production since the 1980s. The agricultural output has been growing at a respectable rate. However, since the 1980s, agriculture has been in a state of decline in comparison to the total economy. Agricultural loans are issued with negative interest rates. Today, many of the institutions established between 1930 and 1980 continue to play important roles in the practices of farmers.
The country's large agricultural sector accounted for 11.2% of the employment in 2006. Historically, Turkey's farmers have been fairly fragmented. According to the 1990 Census, "85% of agricultural holdings were under 10 hectares and 57% of these were fragmented into four or more non-contiguous plots." Many old agricultural attitudes remain widespread, but these traditions are expected to change with the EU accession process.
The livestock industry, compared to the initial years of the Republic, showed little improvement in productivity, and the later years of the decade saw stagnation. However, livestock products, including meat, milk, wool, and eggs, contributed to more than 1/3 of the value of agricultural output. Fishing is another important part of the economy; in 2005 Turkish fisheries harvested 545,673 tons of fish and aquaculture.
Research & Development:
Research and development expenditure in Turkey in 1997 was 915 million $, and the ratio of expenses to the Gross Domestic Product (GDP) was 0.49 percent. The higher education sector leads in research and development expenditure, realized at 57.2 percent, followed by the commercial sector at 32.3 percent and the public sector at 10.5 percent. If it is taken into consideration that research and development expenditure of the industrialized countries is around 2 to 2.5 percent of their GDPs, then it cannot be said that a sufficient financial source has been allocated for this objective.
The total number of full-time equivalent researchers working in the higher education, public and commercial sectors in Turkey was 23,432 as of 1997. Of these researchers 57.3 percent work in higher education, 24 percent in the commercial sector and 18.7 percent in the public sector.
It is observed that important advances have been made in Turkey in recent years as to the number of international publications, this is an indicator of the productivity of science and technology. The number of publications originating from Turkey in the periodicals scanned in the Science Citation Index was 361 in 1981 and this figure increased to 5,109 in 1998. Turkey's rank on the world list that was 42 in 1981, ascended to 25th place in 1998.