Economy
| Economic data on İzmir | 2008 |
|---|---|
| Unemployment rate | 11.8 |
| Nr. of unemployed | 156,000 |
| Public investments | 310,793 (million US Dollars) |
| Exports | 21,6 (billion US Dollars) |
| Imports | 26.1 (billion US Dollars) |
| Nr. of companies | 102,153 |
| Nr. of companies with foreign capital |
1,321 |
| Nr. of companies started 2008 | 4,813 |
| Nr. of companies ceased 2008 | 2,841 |
| Tax revenues | 11.843 (million US Dollars) |
| Bank deposits total | 17.932 (million US Dollars) |
| Bank loans total | 13.315 (million US Dollars) |
| Nr. of bank branches | 667 |
| Nr. of tourists | 1,079,000 |
Trade through the city's port had a determinant importance for the economy of the Ottoman Empire as of the beginning of the 19th century and the economic foundations of the early decades of Turkey's Republican era were also laid here in İzmir Economic Congress. Presently, İzmir area's economy is divided in value between various types of activity as follows: 30.5% for industry, 22.9% for trade and related services, 13.5% for transportation and communication and 7.8% for agriculture. In 2008, İzmir provided 10.5% of all tax revenues collected by Turkey and its exports corresponded to 6% and its imports 4% of Turkey's foreign trade. The province as a whole is Turkey's third largest exporter after Istanbul and Bursa, and the fifth largest importer. 85–90% of the region's exports and approximately one fifth of all Turkish exports are made through the Port of Alsancak with an annual container loading capacity of close to a million.
Read more about this topic: Izmir
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)