TURKEY AT A GLANCE
Turkey’s Gross Domestic Product amounts to $753 billion, and the export volume is $172 billion. The per capita income of Turkey was $9,127 in 2019. As of 2019, according to the global GDP ranking, Turkey’s economy ranked the 19th largest economy of the world and the 7th largest economy in Europe.
On account of its growing economy, grand internal market, developed infrastructure, qualified and competitive workforce, and investor-friendly structure, Turkey received a total of $216,8 billion worth of foreign direct investment during 2003-2019, cumulatively.
ISTANBUL AT A GLANCE
Istanbul is a capable engine that powers 31% of Turkey’s economy valued $257 billion. Istanbul’s economy surpasses more than 130 countries such as Portugal, Greece, Ukraine, and Qatar. Istanbul’s GDP per capita is $17.1 k.
Connecting Europe with Asia, Istanbul hosts a population over 16 million people, and it is a European Metropolis with the highest yet youngest population. At the same time, Istanbul’s economy is larger than the economies of other cities in Turkey.
Istanbul in Figures
- Europe’s 3rd Most Visited Destination
- 38% of the corporate taxpayers in Turkey
- 37% of Turkey’s industrial production
- Istanbul’s share in the industrial sector’s added value: %41,6
- 20 thousand industrial enterprises
- 75 thousand foreign trade companies
- 3 Bosphorus Bridges, 1 Tunnel (Eurasia), 3 Airports (104 Passengers)
- 420 thousand Companies, 40 thousand Enterprises with Foreign Capital
- 47 Banks, 2.816 Branch Banks
- 2 Million Students, 9.103 Schools, 35 thousand Academicians
- 402 Sports Complexes, 1.617 Sports Clubs, 118 thousand Licenced Athletes
- 147 Shopping Malls, 28 thousand Restaurants
- A Bed Capacity of 40 thousand, 115 thousand Healthcare Personnel
- Annually, 43 thousand Brand Name Applications, 22 thousand Patent Applications, 12 thousand Utility Model Applications, 150 Design Applications
- A Logistic Warehouse Area of 10 million m²
- A-Class Office Space of 6,3 million m²
- 8 Organized Industrial Sites, 3 Free Trade Zones, 11 Technology Parks
- 200 Fairs and 80 International Congresses per year
- Membership to 15 International Organizations
- 40 Sister Cities
- 20 Cooperation Protocols
- 26 Memorandum of Understanding / Goodwill Protocols