Türkiye's impressive growth performance and structural reforms implemented over the past decade and a half have landed it on the radar of many international investors. According to EY, Türkiye, which was the 7th country in 2020, has become the 4th most popular destination for FDI in Europe with 375 projects in 2023. Moreover, Türkiye has become the country with the highest growth rate among the top 10 countries in Europe in 2023, with a 17% increase in total FDI projects.
FDI Inflows to Türkiye
Up until 2002, total FDI into Türkiye stood only at USD 15 billion, while the country attracted around USD 262 billion of FDI during the 2003-2023 period.
FDI Inflows to Türkiye (Cumulative – USD billion)
Source: Central Bank of the Republic of Türkiye
Sectoral Breakdown of FDI Inflows into Türkiye
Top Sectors (2003-2021)
Source: Central Bank of the Republic of Türkiye
Regional Breakdown of FDI Inflows into Türkiye
The majority of FDI inflows to Türkiye have originated from Europe, North America, and the Gulf countries during the past 18 years, while the share of Asia has been noticeably on the rise.
Top Investors (2003-2021)
Source: Central Bank of the Republic of Türkiye
As of mid-2022, the number of companies with international capital in Türkiye hit 78,257, up from 5,600 in 2002.
Source: Ministry of Industry and Technology
Source: www.invest.gov.tr
To get detailed information about various subjects please visit www.invest.gov.tr