Strong Economy Gülfs

GROSS DOMESTIC PRODUCT (GDP)

GDP of İzmir has been steadily growing, city’s GDP Per Capita has also been consistently increasing. İzmir’s GDP Per Capita is more than average GDP Per Capita of Türkiye in last years and all these GDP perfomances in last 10 years shows the strong economic structure of İzmir as a city.

 3rd HIGHEST GDP IN TÜRKİYE

Considering the GDP figures, it is seen that İzmir is the 3rd biggest city in Türkiye in terms of economic growth. Looking at the GDP figures based on industry and services it is revealed that İzmir is Türkiye’s third-largest economic value-producing city in these main sectors. In the agriculture sector, it is the third-largest city. This situation indicates that İzmir supports its economic strength with a multi-sectoral structure.

10 Years

Steady Growing

GDP and GDP Per Capita

6,1%

Share in GDP of

Türkiye

Higher

GDP Per Capita than

Average of Türkiye

Konak, İzmir

Source: TURKSTAT

Industrial GDP (Thousand TRY)
Services GDP (Thousand TRY)
Agriculture GDP (Thousand TRY)

3nd LARGEST TRADE CENTER OF TÜRKİYE

As of 2024, Türkiye’s total exports reached approximately 262 billion USD, with İzmir contributing 23.8 billion USD. This means İzmir accounts for 9.1% of the country’s total export volume. According to 2024 data, İzmir’s total imports reached approximately 12.5 billion USD, reflecting the city’s strong industrial demand and international trade capacity. İzmir continues to maintain a foreign trade surplus driven by its robust export performance.

23.8 Billion USD

Total Export

12.5 Billion USD

Total Import

9.1%

of Türkiye’s

Total Export

İzmir Port

FOREIGN TRADE

İzmir has high export values over the years, having more than $14B export volume annually in 2021 and 2022. According to the average data in the years between 2013 and 2022, İzmir exports more than it imports having a positive balance.

  • More than $ 14B Export annually last 2 years
  • Average $ 13.56B Export annually last 5 years
  • Since 2013 6,66% Share in Exports of Türkiye
  • Foreign Trade Surplus in last 5 years
  • 114% Export-Import Ratio since 2013

COST EFFECTIVENESS

İzmir ranks 2nd in TOP 10 Large European Regions of the Future 2023 listing and 6th in TOP 10 Large European Cities of the Future 2023 listing of FDI Magazine.

TOP 10 Large European

Regions of the Future

2024 – Cost Effectiveness

Rank City Country
1 Glasgow UK
2 Antwerp Belgium
3 Porto Portugal
=4 Bilbao Spain
=4 Gothenburg Sweden
6 Düsseldorf Germany
7 Katowice Poland
8 Rotterdam Netherlands
9 İzmir Turkey
10 Poznań Poland

TOP 10 European

Cities of the Future

2024 – Cost Effectiveness

Rank Region Country
1 Ankara Region Türkiye
2 İzmir Region Türkiye
3 Silesian Poland
4 Masovian Voivodeship Poland
5 Andalusia Spain
6 Istanbul Region Türkiye
7 Valencian Community Spain
8 Catalonia Spain
9 Saxony France
10 Hauts-de-France France

An Attraction Center for Investors

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2ND FASTEST GROWING METROPOL IN THE WORLD

Brookings Institution

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9.3% OF THE INDUSTRIAL PRODUCTION IN TURKEY

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2ND ATTRACTIVE CITY FOR THE INVESTORS IN TURKEY

EY