The Turkish Study Abroad Market
In this market report on Turkey we will cover socio-economic, educational and mobility trends. Turkey has one of the fastest growing economies in the world. Last year the economy grew by 6 percent. It should not come as a surprise that Turkey is one of the four MINT countries. MINT is a phrase coined by Goldman Sachs to refer to rapidly emerging, populous non-BRIC economies.
Turkey is among the world’s leading producers of agricultural products; textiles; motor vehicles, transportation equipment; construction materials; consumer electronics and home appliances. Over the past decade many international companies have their production lines set up in Turkey. This is a major contributor to the Turkish economy and provides tens of thousands of jobs.
As the economy flourishes and the middle class continues to grow, Turkey needs educated and talented young people to contribute to its development, and tertiary education will become more financially feasible for many families.
This pressing need, coupled with the country’s limited number of domestic higher education spots, has made Turkey an international student recruitment market worthy of serious consideration. At this point more than 47,000 Turkish students are studying for a degree program abroad. All this and more in the Market Report on Turkey.