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Turkey is a parliamentary republic in Eurasia, largely located in Western Asia, with the smaller portion of Eastern Thrace in Southeast Europe. Turkey is bordered by eight countries: Syria, Iraq, Iran, Armenia, Azerbaijani exclave of Nakhchivan, Georgia, Bulgaria and Greece.
Geographically, Turkey is the world's 37th-largest country in terms of area. The country is encircled by seas on three sides: the Aegean Sea to the west, the Black Sea to the north and the Mediterranean to the south. Turkey also contains the Sea of Marmara in the northwest. The coastline of Turkey (excluding islands) is 8333 km.
Turkey is also defined by economists and political scientists as one of the world's newly industrialized countries. Turkey has the world's 17th largest GDP by PPP. The country is among the world's leading producers of agricultural products; textiles; motor vehicles, ships and other transportation equipment; construction materials; consumer electronics and home appliances. The country is among the founding members of the OECD and the G-20 major economies. Turkish brands like Beko and Vestel are among the largest producers of consumer electronics and home appliances in Europe, and invest a substantial amount of funds for research and development in new technologies related to these fields.