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Türkiye’s impressive growth performance and structural reforms implemented over the last two decades have landed it on the radar of many international investors. According to EY, Türkiye became the 4th most popular greenfield FDI destination with 375 projects in overall Europe in 2023, increasing its ranking from 7th in 2020. In other words, in 2023, Türkiye became the 4th country in Europe to attract the most FDI projects.

In addition, within the top 10 countries in Europe for 2023, Türkiye stood out as the country with the highest increase rate, 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 to Türkiye

With finance and manufacturing sectors having attracted the highest amount of investments in Türkiye, sectoral breakdown of FDI became significantly diversified in line with Türkiye’s value proposition, offering a comprehensive ecosystem that meets the diverse needs and expectations of international investors.

Top Sectors (2003-2023)

Source: Central Bank of the Republic of Türkiye​

Regional Breakdown of FDI Inflows to Türkiye

The majority of FDI inflows to Türkiye have originated from Europe, North America, and the Gulf countries during the past 21 years, while the share of Asia has been noticeably on the rise.​

Top Investors ​(2003-2023)

Source: Central Bank of the Republic of Türkiye​

Companies with International Capital

As of end-2023, the number of companies with international capital in Türkiye hit 82,716, up from 5,600 in 2002.

Number of Companies with International Capital​​

Source: Ministry of Industry and Technology​​​​​

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