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The2023 vision was a set of goals released by theadministration ofPrime Minister (nowPresident)Recep Tayyip Erdoğan in 2010 and 2011, to coincide with the centenary of theRepublic of Turkey in 2023.
Progress on economic goals
| Policy | 2009 | 2011 | 2014 | 2016 | 2018 | 2021 | 2022 | 2023 | 2023 Target |
|---|---|---|---|---|---|---|---|---|---|
| Top ten world economies(GDP) | 17th | 18th | 16th | 17th | 19th | 19th | 19th | 18th | 10th |
| Top ten world economies(GDP PPP) | 18th | 16th | 13th | 13th | 13th | 11th | 11th | 11th | 10th |
| Gross domestic product(GDP) | $0.648 trillion | $0.838 trillion | $0.938 trillion | $0.869 trillion | $0.780 trillion | $0.818 trillion | $0.905 trillion | $1.108 trillion | $2.00 trillion |
| Gross domestic product(GDP PPP) | $1.17 trillion | $1.45 trillion | $1.86 trillion | $2,12 trillion | $2.40 trillion | $2.96 trillion | $3.35 trillion | $3.63 trillion | $2.00 trillion |
| Per capita income(GDP) | $8,941 | $11,221 | $12,079 | $10,891 | $9,514 | $9,663 | $10,621 | $12,849 | $25,000 |
| Per capita income(GDP PPP) | $16,089 | $19,459 | $23,945 | $26,513 | $29,327 | $35,018 | $39,280 | $42,063 | $25,000 |
| Annual exports | $102 billion | $135 billion | $166 billion | $149 billion | $177 billion | $225 billion | $254 billion | $255 billion | $500 billion |
| Foreign trade volume | $0,24 trillion | $0,38 trillion | $0,42 trillion | $0,35 trillion | $0,41 trillion | $0,50 trillion | $0,62 trillion | $0,62 trillion | $1,00 trillion |
| Employment rate | 21.3 million | 24.1 million | 25.9 million | 27.2 million | 28.7 million | 28.8 million | 31.2 million | 34.9 million | 30 million |
| Unemployment rate | 13.1% | 9.1% | 9.9% | 10.9% | 11.0% | 10.6% | 10.2% | 9,4% | 5% |
Turkey's foreign-policy objectives and vision as articulated by former Prime MinisterAhmet Davutoğlu:
First, Turkey aims to achieve allEU membership conditions and become an influential EU member state by 2023. Second, it will continue to strive for regional integration, in the form of security and economic cooperation. Third, it will seek to play an influential role in regional conflict resolution. Fourth, it will vigorously participate in all global arenas. Fifth, it will play a determining role in international organizations and become one of the top 10 largest economies in the world. To achieve them, Turkey must make progress in all directions and in every field, take an interest in every issue related to global stability, and contribute accordingly.[4]
In 2016, President Erdoğan called for a referendum afterBritain's decision on leaving the European Union.
Progress on tourism goals
| Policy | 2009 | 2011 | 2014 | 2016 | 2018 | 2019 | 2021 | 2022 | 2023 | 2023 Target |
|---|---|---|---|---|---|---|---|---|---|---|
| Fifth largest tourist destination | 6th | 6th | 6th | 10th | 6th | 6th | 3rd | 4th | 5th | 5th |
| Amount of tourist visitors | 27,3 million | 31,3 million | 36,8 million | 25,3 million | 45.8 million | 51.2 million | 29.9 million | 50.5 million | 55.2 million | 50,0 million |
| Tourism revenue[8] | $25,1 billion | $28,1 billion | $34,3 billion | $22,1 billion | $29,5 billion | $42,4 billion | $24,5 billion | $41,2 billion | 49,5 billion | $50,0 billion |
On the summer of 2016, acoup d'état was attempted in Turkey against state institutions, including the government and PresidentRecep Tayyip Erdoğan. The attempt was carried out by a faction within theTurkish Armed Forces that organized themselves as thePeace at Home Council.[9] They attempted to seize control of several key places inAnkara,Istanbul, and elsewhere, but failed to do so after forces loyal to the state defeated them.
During the coup, over 300 people were killed and more than 2,100 were injured. Many government buildings, including theTurkish Parliament and thePresidential Palace, were bombed from the air.[citation needed]Mass arrests followed, with at least 40,000 detained,[10] including at least 10,000 soldiers and 2,745 judges. A significant amount of tourists cancelled their trip to Turkey.
The Turkish currency was characterized by a plunging value of theTurkish lira, highinflation, rising borrowing costs and corresponding loan defaults. In 2018, the lira's exchange rate accelerated deterioration, reaching a level of US$4.5/TRY by mid-May. Among economists, the accelerating loss of value was generally attributed toRecep Tayyip Erdoğan preventing theCentral Bank of the Republic of Turkey from making the necessary interest rate adjustments.[11][12] Erdogan, who claimed interest rates beyond his control to be "the mother and father of all evil", said that "the central bank can't take this independence and set aside the signals given by the president."[11]
The globalCOVID-19 pandemic triggered severesocial andeconomic disruption around the world, including thelargest global recession since theGreat Depression.[13] Governmental interventions, includingtravel restrictions andlockdowns, had a major effect on the economic and tourism goals.[14][15]
Turkey's economic policy has received significant setbacks as a result of the 2022Russia's invasion of Ukraine, with gasoline price rising, canceled vacation bookings and textile purchases, and worries of food shortages.[16][17] In the previous years, Turkey received the most tourists from Russia.[18]
