Middle income trap is a concept that the policy makers have been overemphasizing in recent years. It can be argued that the problem of middle income trap is mainly a developing country problem. The long-term growth performances of the countries are important factors leading to the entrance and exit of the related trap. Turkey is a country that has succeeded to upgrade to the lower-middle income group from the lower income group in 1950s. When the World Bank’s classification; which takes into account income per person, is evaluated in terms of Turkey, it is understood that Turkey is a country attached to the middle income trap nearly for half a century, the country has remained in the upper middle income group and has failed to leap to the group of high income countries in the last 13 years. . The aim of the study is to examine the theoretical infrastructure of middle income trap concept, to investigate the country examples which have struggled and succeeded in getting rid of this cycle and to analyse the middle income trap risk of Turkey considering the long-term growth performance of the country. The study targets to reveal the middle income trap risk of Turkey, as well as to discuss institutional arrangements and macroeconomic policy proposals that will ensure the leap of the country to the upper-income group.