Totally 42 active farms located in 17 cities of different regions of Turkey were studied to put forward the current situation and the problems related to Angora wool production. Data collected from the 42 farms were analyzed statistically for general characteristics. Collected data by face to face survey method from 28 farms were analyzed statistically for the economical criterions. The farms were grouped according to their capacities (number of rabbits) as follows: the first, small farms (<49 rabbits), second, middle scaled (50-200 rabbits) and the third was big farms (>200 rabbits). Mean wool production 1st, 2nd and 3rd group of farms was found as 728, 821 and 575 g, respectively. The average yield of all farms was 642 g year(-1). The low wool yield was probably due to the inconvenient production conditions. The revenue of 3 groups of farms was found 1112.03, 3164.86 and 6698.74 $ year(-1), respectively. The cost of wool in the same order was 81.05, 35.21 and 54.73 $ kg(-1). Observed main problems were as follows: Inconvenient location of farms, Difficulties of supplying the high quality rabbit feed, Management problems related to housing, feeding, reproducing and wool harvesting and the marketing troubles of wool and other products.