Published on : Saturday, August 12, 2017
Turkey is taking significant steps toward domestic-national energy means. From 2020 onward, these steps will decrease Turkey’s external dependency on energy and will contribute to both the national income and the reduction of the current account deficit.
Tourism is one of the most important sectors to diminish the current account deficit.
Tourism contributes about $30-35 billion to the economy, which is more than the highest export revenue provider, i.e. the automotive sector. That is why the Culture and Tourism Ministry is putting together a new road map for setting up collaboration between the public and private sectors and the media. With a 12 percent share of GDP and an 8.2 percent share of employment, culture and tourism occupies significant power and potential in the Turkish economy. The 2023 target should bring 50 million tourists and secure $50 billion in tourism revenues.
The ministry, the private sector and the media have very important missions. The cultural heritage of Turkey and the successful restructuring of museums have significantly contributed to the number of tourists in Turkey. Around 35 percent of the record-breaking rise in the number of tourists coming to Turkey is due to cultural tourism. Very few countries in the world have a cultural heritage like Turkey.
According to estimates by the World Tourism Organization, by 2030, the number of tourists worldwide will go up to 1.8 billion and the size of the sector will reach $7.2 trillion.
It is expected that Turkey’s tourism income will amount to $140 billion.