Bodrum Economy

Ancient Period (3000 BC – 4th Century AD)

In ancient times, Bodrum was known as Halicarnassus, one of the most important port cities of the Aegean. Its economy was based on maritime trade, agriculture, and craftsmanship. The Mausoleum of Halicarnassus—one of the Seven Wonders of the Ancient World—contributed significantly to the local economy through construction and artisan labor.

Ottoman Period (15th – 19th Century)

During the Ottoman era, Bodrum became a prominent center for seafaring and shipbuilding thanks to its strategic location. The local population primarily made their living from fishing, agriculture (notably olives and grapes), and maritime trade.

Republican Period (Early 20th Century – 1950s)

In the early years of the Turkish Republic, Bodrum’s economy remained largely dependent on agriculture and fishing. Industrial activities were limited, but traditional maritime practices continued to shape local livelihoods.

Rise of Tourism (1960s – 1990s)

From the 1960s onward, tourism began to transform Bodrum’s economic structure. With its natural beauty, historical heritage, and vibrant social life, Bodrum emerged as one of Turkey’s leading tourist destinations. This development also stimulated growth in construction, accommodation, and service industries.

Modern Economy (2000s – Present)

Today, Bodrum’s economy is primarily driven by tourism, construction, trade, and services. Luxury hotels, marinas, restaurants, and shopping areas play a major role in shaping the local economy. Although agriculture—particularly the production of olives, citrus fruits, and grapes—continues to some extent, tourism remains the dominant source of income.