Estates Istanbul
Istanbul Investment Hub in Turkey
- Who Can Buy Property in Turkey
- How to buy property in Turkey
- How to design and build your own
- Virtual Tour
- Costs of Purchasing a Property in Turkey
- Finance for property in Turkey Property
- Maintenance and Management
- How to get a Turkish Title Deed
- Should I use a solicitor to buy property in Turkey
- Power of Attorney in Turkey
- Title Deed
- Buying property in Turkey through a company
Istanbul Investment Hub in Turkey
Istanbul: The Pearl of the World - A Numeric Perspective
Introduction
Imagine a city where Europe and Asia meet, where ancient history fuses with a bustling modern lifestyle—that’s Istanbul for you. Often referred to as Turkey’s economic, cultural, and historical heart, this city is a spectacle in itself. Here’s why Istanbul truly is the world’s pearl, quantified in numbers.
Economic Powerhouse
Vital Stats
- GDP (2012): $332.4 billion
- Exports (2008): $41.4 billion
- Imports (2008): $69.9 billion
- Share of Turkey’s Trade: Exports – 56.6%, Imports – 60.2%
- Tax Contribution: 40% of all taxes collected in Turkey
- Population Share: Istanbul is home to about 15% of Turkey’s population
- Per Square Meter Population: Istanbul – 2,800 people/sqm, Turkey – 104 people/sqm
Istanbul is more than just an economic powerhouse; it’s a lifeline for the Turkish economy. Even during challenging times like the Asian financial crisis in the late ’90s and the 2018 Turkish currency crisis, the city has shown incredible resilience.
Financial Sector: Then and Now
Istanbul’s financial acumen dates back to the Ottoman era with the Bankalar Caddesi and extends to modern districts like Levent, Maslak, and Şişli, making it Turkey’s eternal financial capital.
Golden Facts
The establishment of the Istanbul Gold Exchange in 1995 was a game-changer; it privatized gold bullion imports, previously a monopoly of the Turkish Central Bank.
Industry: Where Creation Happens
Istanbul serves as the nerve center of Turkey’s industry, employing:
Industrial Labor: 20% of Turkey’s industrial workforce
Industrial Workspace: 38% of Turkey’s industrial real estate
From textiles to pharmaceuticals, Istanbul keeps the wheels of Turkey’s industry turning.
Tourism: World in a City
In 2023 alone, Istanbul Airport welcomed over 100 million passengers. With its vibrant culture and rich history, it’s no surprise that tourism in Istanbul is booming.
Must-Know Stats for Tourists
Entry Points: Istanbul International Airport and Sabiha Gökçen International Airport
Tourism: Gateway to Wonder
The 2023 Vision: A Milestone Year for Turkey and Istanbul
As Turkey sets its sights on becoming a premier travel destination, the country has set ambitious goals for the year 2023:
National Tourism Income: $86 billion
Total Tourist Visits: 63 million
Istanbul, as the jewel in Turkey’s tourism crown, is expected to play a pivotal role in achieving these targets.
Istanbul’s Projected Contribution
Tourist Visits: 19 million
Tourism Revenue: $18 billion
This means that almost a third of the tourists who will grace Turkey’s diverse landscapes will pass through or stay in Istanbul, contributing approximately 21% to the national tourism revenue. With its rich blend of history, culture, and modernity, Istanbul is geared up to be more than just a city—it’s set to become a global experience.
So whether you’re planning a business trip, cultural expedition, or a luxurious getaway, Istanbul offers an experience that contributes to both Turkey’s and the world’s tourism landscape. Come be a part of this magnificent journey in 2023!
Istanbul is not just a city but an embodiment of robust economic performance, rich cultural history, and immense global importance. With its powerful contributions to Turkey’s economy, industry, and tourism, it rightly deserves its title: “The Pearl of the World.”
So when are you planning your visit to this incredible city?