The Turkish economy is classified as an emerging market and is characterized by a diverse range of industries, including agriculture, manufacturing, and services. Key sectors include textiles, automotive, and electronics, contributing significantly to the country's GDP. Istanbul serves as a major financial hub, attracting both domestic and foreign investments. In recent years, the Turkish lira has experienced fluctuations, impacting inflation and purchasing power. The government has implemented various economic reforms to stabilize the economy and promote growth. Additionally, tourism plays a vital role, with millions of visitors drawn to Turkey's rich history and natural beauty each year.