ISTANBUL -- Turkey's economy grew a robust 11% in 2021, so far the highest among the Group of 20 leading rich and developing nations, as multinational companies increasingly turned to its strategic location amid a global supply chain crisis.
Country benefits from supply-chain realignment, despite runaway inflation
Workers produce face masks at a Turkish manufacturer's facility in Istanbul. Exports surged in 2021 as multinational companies turned to the country amid supply chain bottlenecks. © Reuters
ISTANBUL -- Turkey's economy grew a robust 11% in 2021, so far the highest among the Group of 20 leading rich and developing nations, as multinational companies increasingly turned to its strategic location amid a global supply chain crisis.