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A major seaport and industrial centre, the city is located on the Estuary of Bilbao, the city's suburbs extending to the Bay of Biscay. The population of the city of Bilbao proper was 354,145 in 2006. The population of the urban area of Greater Bilbao ( the conurbation) was 935,000 as of 2004 estimates. Population of the metropolitan area (urban area plus satellite towns) was 950,155 as of 2007 estimates, ranking as the fifth-largest metropolitan area of Spain. As of 2008[update], the mayor of Bilbao is Iñaki Azkuna.
In the north, Bilbao’s city edge is considered to be around the towns of Erandio, Sondika and Derio, in the east it is encompassed by Zamudio and Etxebarri. The southern border passes outside Basauri and Arrigorriaga and in the west, Barakaldo and Alonsotegi are the furthest extremes. The urban area is enclosed by two small mountain ranges called Pagasarri (to the south) and Artxanda (to the north), this fact gives the city its nickname, "el botxo", "the hole".