Istanbul Leads Country in Economic Output Share Last Year

ORTAKALAN

5 hours ago

Istanbul generated almost a third of Türkiye’s economic output last year, maintaining its position as the country’s financial and commercial engine, according to new provincial gross domestic product data released by the country’s statistics office

GDP corresponds to the total value of goods and services produced within a region.

Istanbul’s GDP reached 13.01 trillion Turkish Liras ($305.1 billion) last year, giving the city a 29.2 percent share of Türkiye’s overall economy, the Turkish Statistical Institute (TÜİK) said on Dec. 11.

Ankara followed with 4.67 trillion ($109.6 billion) liras, login or sign up to read the complete news...