Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Tourism contribution to Turkey’s GDP grew by 303% in ten years

Turkey tourismIn early 2000, the direct contribution of tourism to Turkey’s GDP was 10.3 billion dollars. Ten years later, the same direct contribution reached 33.2 billion dollars (indirect contribution is 84.8 billion dollars). Moreover, almost two million jobs are related to tourism industry (i.e. 8.1% of total employment), while the level of investment in tourism in 2011 amounted to 14.3 billion dollars.

Reasons for growth

How did tourism in Turkey manage to grow all these years? There is a simple explanation: Turkey prepared a plan of facilities for investors in the industry to develop this part of the economy. And the result is shown in the above figures.

Antalya is one of the most preferred destination for summer vacation. People from all over Europe and other parts of the world come and enjoy their stay here. Turks have planned the development of this region, so that they were able to attract 31 million tourists annually compared to only 3 million 30 years ago. “Our plan was designed for long-term tourism growth. Antalya has come, now, to a point when it offers accommodation for about one million tourists,” said Mehmet Onkal Cha, representative for BDO Hospitality Consulting, the largest tourism consultancy in Turkey.

According to Cha, the facilities offered to investors in tourism over the past 10 years include: free land concession, exemption from VAT, special loans for those who wanted to invest in tourism, recovery of 30-40 cents of every dollar invested in tourism, the right to hire foreign staff, and, the most important measure that was taken to help the tourism industry in Turkey was the removal of bureaucracy.

“This was a real advantage because investors try to avoid walking from one counter to another. In principle, all is in one place,” said Mehmet Onkal Cha. “Over time, investors have also benefited from the facilities on communications. It was a long-term strategy, and Turkey has become a brand in the global tourism industry,” he concluded.

Reply