Estates Istanbul
Foreign Direct Investments in Turkey
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Foreign Direct Investments in Turkey
Overview of Turkey's Economic Growth (2002-2022)
Türkiye has firmly established itself as an attractive destination for Foreign Direct Investment (FDI), a fact supported by its leap from the 7th to the 5th most popular FDI destination in Europe from 2020 to 2021. With significant FDI inflows—around USD 240 billion between 2003 and 2021 compared to just USD 15 billion from 1980 to 2002—the country presents a compelling case for investors looking to invest in Turkey.
FDI Inflows to Türkiye (Cumulative – USD billion)
The sectoral breakdown of FDI in Türkiye shows a diversification aligned with the country’s 2023 vision of ascending the global value chain. Notably, finance and manufacturing sectors attracted the lion’s share of investments, accounting for 31.6% and 24.2%, respectively, making these areas particularly ripe for further investment.
Sectoral Breakdown of FDI Inflows to Türkiye
Regionally, Europe, North America, and the Gulf countries have been the leading sources of FDI, although investment from Asia has been notably increasing. This geographic diversity among investors makes Türkiye an exciting crossroads for global commerce, further enhancing its appeal for those looking to invest in Turkey.
Top Investors (2003-2021)
Companies with International Capital
Additionally, the number of companies operating with international capital in Türkiye has grown exponentially from 5,600 in 2002 to 78,257 by mid-2022. This trend signifies not only the nation’s robust economic health but also presents a lucrative opportunity for companies and investors keen on international expansion to invest in Turkey.
In summary, Türkiye’s remarkable performance in attracting FDI, coupled with its diversification across sectors and its increasing pool of international capital companies, creates a compelling argument for choosing to invest in Turkey as a strategic business move.