ECONOMY AND INVESTMENT

ECONOMY OF BALIKESIR

First of all, according to the data released in 2013, Balıkesir is the province where the most hopeful people live.



First of all, according to the data released in 2013, Balıkesir is the province where the most hopeful people live.

Besides, Balıkesir ranks 7th in the list of livable provinces [2]. Moreover, Balıkesir, which produces 1.3% of Turkey’s gross domestic product, is the 14th largest economy of Turkey in the ranking of provinces with the economy it produces [3]. These data were reached when Balıkesir was still well below its economic potential. According to the data of 2014, Balıkesir produced 26.102 million TL of gross domestic product and the per capita GDP in Balıkesir was realized at the level of 10,150 dollars.

 

Balıkesir economy has three most important features. First, the economic value generated does not consist of a single sector. Economic activities are carried out in many sectors such as agriculture and animal husbandry, industry, tourism, mining, renewable energy and logistics in Balıkesir. The fact that Balıkesir has economic activities in many areas is an important feature of Balıkesir’s geography on a golden tray.

Secondly, the economy produced is not one-centered as in many provinces, but is evenly distributed throughout the province. In this context, three sub-regions have emerged economically in Balıkesir province: Central region, Körfez region and South Marmara region. However, the regions in question are not competing with each other, but complementary to each other. Because, the South Marmara region stands out as a heavy industry center, Balıkesir and its surroundings as an agriculture-based industrial center, and the Gulf region as a tourism center.

 Thirdly, because Balıkesir is located in the middle of three major metropolises, it has assumed the role of being the "greengrocer" and "dairy" of the metropolises, accordingly it has specialized in agriculture and animal husbandry and agriculture-based industry. Because, it is seen that the share of the agriculture and livestock sector in the economic added value produced in Balıkesir province is well above the country average, while the share of the industry is below the average of Turkey.