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In 2019, Turkey was the 11th largest global shipbuilding economy in terms of seagoing vessel completions. Turkey is also a significant global actor in ship repair, ship maintenance and ship recycling.
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The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in Turkey decreased by 0.9 percentage points from 24.0% in 2018 to 23.1% in 2019. Between 2018 and 2019 the OECD average decreased from 33.9% to 33.8%.