Economy, jobs and prices in Bolu (Kocaeli, Sakarya, Düzce, Bolu, Yalova, Türkiye): official figures
GDP per person was 30,100 purchasing power standards (PPS) in 2024, 75% of the EU average (69% for Türkiye); 7th highest of 81 provinces in Türkiye.
How big is the economy of Bolu?
The local economy produced €5.1 billion of output (GDP) in 2024.
Source: Eurostat · saved copyWhat is the GDP per capita of Bolu?
GDP per person in Bolu province was $16,703 (548,317 lira) in 2024, close to the national figure of $15,325; it ranked 7th highest of 81 provinces.
Source: Türkiye İstatistik Kurumu (TÜİK, Turkish Statistical Institute) · saved copyHow many businesses are there in Bolu?
Bolu province had 15,332 registered enterprises in 2024 (47.0 per 1,000 residents, 39th highest of 81 provinces), 0.33% of all firms in Turkey; 1,625 were in manufacturing and 173 in information and communication.
Source: Türkiye İstatistik Kurumu (TÜİK, Turkish Statistical Institute) · saved copyHow much does Bolu export?
Firms based in Bolu province exported goods worth $187.49 million in 2024 ($574 per resident, 36th lowest of 81 provinces) and imported $248.33 million, a trade deficit of $60.83 million; that was 0.07% of Turkey’s exports.
Source: Türkiye İstatistik Kurumu (TÜİK, Turkish Statistical Institute) · saved copyHow many tourists visit Bolu?
Hotels and other ministry-licensed accommodation in Bolu province recorded 519,350 guest arrivals and 933,285 nights in 2024; 11.2% of arrivals were foreign visitors, 25th highest of 81 provinces for arrivals.
Source: Türkiye İstatistik Kurumu (TÜİK, Turkish Statistical Institute) · saved copyWhat is the main industry in Bolu?
The largest part of the economy of Bolu in 2024 was industry (manufacturing, mining and energy), at 32.4% of gross value added, followed by trade, transport, hospitality and communications (24.6%).
Source: Eurostat · saved copyHow industrial is Bolu?
Factories, mines and energy produced 32.4% of the value added in Bolu in 2024, against 22.2% for Türkiye.
Source: Eurostat · saved copyHow fast is the economy of Bolu growing?
Gross value added rose from €2.8 billion in 2015 to €4.5 billion in 2024 in current prices, an increase of 61% before inflation.
Source: Eurostat · saved copyMore figures
- Measured in US dollars, GDP per person in Bolu province went from $14,211 in 2014 to $16,703 in 2024, a change of +18%. Source: Türkiye İstatistik Kurumu (TÜİK, Turkish Statistical Institute) · saved copy
- The number of enterprises registered in Bolu province changed by +29% between 2014 (11,926) and 2024. Source: Türkiye İstatistik Kurumu (TÜİK, Turkish Statistical Institute) · saved copy
- Electricity use in Bolu province came to 4,505 kWh per person in 2023 (12th highest of 81 provinces; national 3,390 kWh), with industry taking 61.2% of the total. Source: Türkiye İstatistik Kurumu (TÜİK, Turkish Statistical Institute) · saved copy
- 68,375 cars were registered in Bolu province at the end of 2024, 209 per 1,000 people against 189 nationally. Source: Türkiye İstatistik Kurumu (TÜİK, Turkish Statistical Institute) · saved copy
How Bolu compares with other provinces in Türkiye
GDP per person (US dollars) (2024)
Bolu ranks 7 of 81, highest first.
| Rank | Area | GDP per person (US dollars) |
|---|---|---|
| 4 | Tekirdağ | $18,406 |
| 5 | Antalya | $17,103 |
| 6 | İzmir | $16,949 |
| 7 | Bolu | $16,703 |
| 8 | Kırklareli | $16,188 |
| 9 | Eskişehir | $16,171 |
| 10 | Bilecik | $16,068 |
Registered enterprises per 1,000 residents (2024)
Bolu ranks 39 of 81, highest first.
| Rank | Area | Registered enterprises per 1,000 residents |
|---|---|---|
| 36 | Çorum | 48.9 |
| 37 | Afyonkarahisar | 48.9 |
| 38 | Adana | 48.4 |
| 39 | Bolu | 47.0 |
| 40 | Kütahya | 46.6 |
| 41 | Niğde | 46.1 |
| 42 | Sinop | 45.4 |
Exports per resident (US dollars) (2024)
Bolu ranks 46 of 81, highest first.
| Rank | Area | Exports per resident (US dollars) |
|---|---|---|
| 43 | Bilecik | $646 |
| 44 | Isparta | $645 |
| 45 | Muş | $626 |
| 46 | Bolu | $574 |
| 47 | Ordu | $572 |
| 48 | Malatya | $562 |
| 49 | Gümüşhane | $549 |
Home sales per 1,000 residents (2024)
Bolu ranks 15 of 81, highest first.
| Rank | Area | Home sales per 1,000 residents |
|---|---|---|
| 12 | Çanakkale | 22.3 |
| 13 | Elazığ | 21.6 |
| 14 | Sakarya | 21.1 |
| 15 | Bolu | 21.1 |
| 16 | Düzce | 20.4 |
| 17 | Muğla | 20.3 |
| 18 | Kırşehir | 20.2 |
Share of output from industry (manufacturing, mining and energy) (2024)
Bolu ranks 16 of 81, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 13 | Uşak | 34.9% |
| 14 | Düzce | 34.1% |
| 15 | Çankırı | 32.5% |
| 16 | Bolu | 32.4% |
| 17 | Zonguldak | 32.2% |
| 18 | Osmaniye | 31.5% |
| 19 | Kayseri | 30.2% |
Share of output from finance, property and business services (2024)
Bolu ranks 69 of 81, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 66 | Sakarya | 12.3% |
| 67 | Muş | 12.2% |
| 68 | Kahramanmaraş | 12.1% |
| 69 | Bolu | 12.1% |
| 70 | Mardin | 11.7% |
| 71 | Iğdır | 11.6% |
| 72 | Kocaeli | 11.6% |
Share of output from public administration, education, health and other services (2024)
Bolu ranks 55 of 81, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 52 | Kayseri | 17.7% |
| 53 | Çanakkale | 17.5% |
| 54 | Kahramanmaraş | 16.8% |
| 55 | Bolu | 16.8% |
| 56 | Kütahya | 16.8% |
| 57 | Aydın | 16.7% |
| 58 | Adana | 16.6% |
More on Bolu: overview · health · education and schools · poverty and living standards · government budget · government and politics · Kocaeli, Sakarya, Düzce, Bolu, Yalova · Türkiye
Sources
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP per person, PPS (NUTS 3), read 23 October 2026 · saved copy (SHA-256 3bf0fc662f56…)
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP, million euros (NUTS 3), read 23 October 2026 · saved copy (SHA-256 096e15e5fdb3…)
- Türkiye İstatistik Kurumu (TÜİK, Turkish Statistical Institute): Bölgesel İstatistikler (Regional Statistics database): 114 indicators for the 81 provinces, 2014-2024 (CSV export), read 24 October 2026 · saved copy (SHA-256 54a60ac62f7a…)
- Eurostat: Eurostat dataset nama_10r_3gva: Gross value added at basic prices by NUTS 3 region and industry, read 23 October 2026 · saved copy (SHA-256 c656e8563bdf…)
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