General Overview to the Economy of Bursa
Bursa is one of the rare cities in the world which has scenic beauties and industry and technology in harmony. Due to its location on the ancient Silk Road, Bursa has always been an important commercial city in the past due to its strategic position. Bursa is also a city of history and a cradle of civilizations with the spatial and architectural features of the Byzantine, Ottoman and the Republic eras.
||123 (per sqm)
|Annual population increase
|Total foreign trade
||25 billion $
|Number of ports
|Organized Industrial Zones
Bursa, with its economic features, represents an active and leading power for the development of the Turkish economy and new momentum. Bursa displays a significant dynamism in terms of economy with its contribution to the development of the economy of the country and the region, foreign currency inflow due to its exports and strengthening the industrial infrastructure.
The geographical location of Bursa is also an important advantage for the industry of Bursa which enables the city to be the gateway of the Anatolian peninsula to the west and of the west to Anatolia.
Bursa played a significant role in the development of the economy of the country both in the 19th century by the establishment of the silk factories having foreign capital and in the Republic era after 1923 by the establishment of public factories such as Merinos and private industrial enterprises. The leading and value-producing sectors of Bursa are textile, automotive, machinery&metal, agriculture&food and furniture. Bursa is a global center of attraction due to its developed manufacturing industry and commerce and has a significant share in Turkeys economic growth and being one of the main rising economies.
The latest study on socio-economic development index of provinces and regions in Turkey in 2011 declares that Bursa lies in the 6th rank in terms of socio-economic development following İstanbul, Ankara, İzmir, Kocaeli and Antalya.
Employment in Bursa
According to the data of the Social Security Institution of the Republic of Turkey the number of companies and obligatory insured employees are seen in the table below. The latest figures published in November 2014 declare that 4,7 % of the total number of insured employees in Turkey is in Bursa. 440.651 employees out of 622.380 are male and 181.729 are female. These figures reflect that 5,2 % of the total number of insured women and 4,5 % of the total number of insured men are in Bursa.
Source: Social Security Institution of the Republic of Turkey
||Number of Companies
||Number of Obligatory Insured Employees
Bursa, which lies in the southeastern part of the Marmara Region, is the fourth biggest city of Turkey with a population of 2,7 million according to the Address Based Population Registration System of the Turkish Statistical Institute.
Today Bursa is a leader in health tourism with its thermal complexes. In addition to its plains and water resources, Bursa is attractive with its mountains, as well. The most important mountain among them is Mount Uludağ which is 2.543 m high the highest in the Marmara Region - and the center of winter tourism of our country.
Bursa, which has been an important city through the history, represents the natural and cultural liveliness of our country with its religious and civil architecture dating back to the Eastern Roman Empire and Ottoman Empire periods, sacred places of Islam and Christianity, green environment, healing water resources, natural lakes, waterfalls, authentic places and Uludağ that is a brand in winter sports and offers alternative tourism types all-year round. Bursa, with its rich history, scenic beauty and lively social and economic structure, is a city where the cultures meet and reflects and lives a unique urban model.
|Last updated: 03.03.2015