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As well as being a
capital to three empires, Istanbul is one of the very few cities
which is able to maintain its quality of being an economical center.
Indeed, although not serving as capital to the new republic declared
in 1923, it kept its economically central position and never lost
this power to determine the fate of the country.
The population of Istanbul, which was 1 million 78 thousand people
in 1945, increased to 1 million and 533 thousand with the growth
after 1950 and in the following periods, became 7 million 309
thousand in 1990 with an annual increase of 40-50 per thousand, and
9 million 199 thousand in 1997, and became a city with over 10
million people according to the census in 2000. If we briefly look
at the economy and business life of the city, the share of Istanbul
in the Turkeys gross national product is 23 percent. Annual
contribution of Istanbul to state budget is 40 percent, but in
return the share it receives from the state expenditures is around
7-8 percent. The headquarters of all private banks and 21 percent of
total bank branches in Turkey are located in Istanbul.
Export and import gate
Istanbul has a central
importance in both domestic and international trade. The added value
created in Istanbul, reaches 26.5 percent of provincial total added
value and trade is the second most important sector in Istanbul
after industry. In Turkey, 27 percent of the general added value
created in commercial sector is created by Istanbul.
Istanbul is at the same time the most important export and import
gate of Turkey. The export of Istanbul makes up 46 percent of Turkey
total and the import of Istanbul makes up 40 percent of Turkey total.
Istanbul has at hand a great chance thanks to its being center of
tourism and a congress. One-fourth of the hotel capacity is owned by
five star hotels and almost one-fifth is owned by four star hotels.
Istanbul is also the center of countrys air transport. Along with
Atatürk Airport, Pendik Sabiha Gökçen airport on the Anatolian side
is serving Istanbul
14 out of 153 museums in Turkey is located in Istanbul and 34
percent of the 2 million 400 thousand pieces on display is being
exhibited in Istanbul
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