Foreign direct investment flows to Türkiye hit $7.7B from January-September

Netherlands largest source of FDI, accounting for 19% of total, says sectoral group

By Tuba Ongun

Foreign direct investment (FDI) flows to Türkiye hit $7.67 billion in the first nine months of 2024, the International Investors Association (YASED) said Tuesday.

The sectoral group said the January-September figure was up 8% from last year, citing data from the Turkish Central Bank.

Equity capital inflow totaled $4.33 billion from January to September while wholesale and retail trade had the lion's share of 22% with an investment inflow of $932 million.

About $2.2 billion was received through real estate investments from foreigners in the nine-month period.

The Netherlands was the largest source of FDI flows, accounting for 19% of the total, followed by Germany with 12% and the US at 11%.

In September, Türkiye attracted $1.1 billion worth of FDI, said YASED.

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