Boğaziçi (Istanbul) Boğaziçi (Istanbul) Boğaziçi is the general term, specific to İstanbul and overlapping administrative divisions, used to denote those parts of the city with view of the Bosphorus. The respective nuances of the two terms (the strait itself and the urban area of Boğaziçi) being somewhat similar to those between San Francisco Bay and the Bay Area, they are not used interchangeably in correct parlance. The term Boğaziçi is used with particular emphasis relating to those parts of İstanbul which are situated north of the Golden Horn (Haliç), starting with the district of Beşiktaş on the European side of the Bosphorus.
Economy of Istanbul Economy of Istanbul Economy of Istanbul covers the issues related to the economy of the city of Istanbul, Turkey. Historically, Istanbul has been the center of the country's economic life because of its location as an international junction of land and sea trade routes. In 2012 the City of Istanbul had a GDP of $332,4 billion. In 2008, companies based in Istanbul made exports worth $41,397,000,000 and imports worth $69,883,000,000; which corresponded to 56.6% and 60.2% of Turkey's exports and imports, respectively, in that year. In 2006 Turkey's exports grew a further +16.1% while imports grew +17.6% because of a