The Banking Regulation and Supervision Authority (BDDK) has published the latest data listing the cities with the highest deposits in Turkiye.
Topping the list of Turkey’s wealthiest cities is Istanbul, with more than $199 billion in deposits, followed by Ankara and Izmir.
This ranking reflects the economic powerhouses of Turkiye, each contributing to the country’s wealth through different industries.
Below, we detail the top 10 wealthiest cities and the key factors driving their economic success.
Istanbul: $199.5 billion in deposits
As the financial capital of Turkey, Istanbul ranks high in the ranking of Türkiye’s wealthiest cities. The city’s wealth is supported by diverse sectors such as finance, international trade, and tourism. Istanbul is home to the country’s largest banks, multinational companies, and the Istanbul Stock Exchange. In addition, tourism also plays a big role, with millions of tourists visiting each year. Ankara: $60 billion in deposits
The capital, Ankara, is the political and administrative center of Turkiye. In addition to being home to government agencies, the city also has a strong defense industry. It has also emerged as a center for technology and education, contributing to its status as one of Turkey’s wealthiest cities. Izmir: $25 billion in deposits
Izmir’s strategic location as a port city facilitates its role in international trade. The city’s economy is supported by manufacturing industries such as textiles, auto parts, and food processing. The growth of Izmir’s tourism industry has also contributed to its economic success among other Turkish cities. Antalya: $15 billion in deposits
Known as the tourist capital of Turkiye, Antalya attracts millions of tourists every year to its Mediterranean resorts. Although the city’s economy revolves around tourism, agriculture also contributes to the production of citrus and vegetables. Bursa: $13 billion in deposits
Bursa is an industrial center, especially known for its automotive and textile industries. The city is home to major car manufacturers and plays an important role in exports. Years of silk production also contribute to its wealth. Kocaeli: $9 billion deposits
Kocaeli, the industrial powerhouse of Turkiye, has organized industrial zones and industries such as automotive, petrochemical, and metal production. Its proximity to Istanbul and large ports makes it an important hub for logistics and trade. Adana: $7 billion in deposits
Adana’s wealth is based on its agricultural strength, especially in cotton and citrus production. The city also has a growing industrial sector, with a focus on food processing and textiles. Moolah: $6 billion in deposits
Mugla is a major tourist destination and is famous for resorts such as Bodrum and Marmaris. While its economy relies heavily on tourism, agriculture, especially the production of olive oil, also plays an important role, making it one of Turkey’s wealthiest cities. Konya: $6 billion deposits
Konya is an agricultural powerhouse that leads the production of wheat and sugar beet. Additionally, the country’s industrial base, particularly in the areas of machinery and auto parts, is developing and driving economic growth. Mersin: $6 billion in deposits
Mersin is a major port city with a thriving economy centered on international trade and logistics. Free trade zones and export-oriented industries, especially agriculture and petrochemicals, contribute to its wealth.
A detailed analysis of Turkey’s top 10 richest cities reveals how each city contributes to the country’s overall economy through various industries such as finance, tourism, agriculture, and manufacturing.
Istanbul drives a diversified economy driven by finance and international trade, but other cities such as Antalya and Muğla also thrive in the tourism sector.
Industrial centers such as Kocaeli and Bursa demonstrate the importance of manufacturing, while agricultural cities such as Konya and Adana highlight Turkiye’s dependence on fertile land.