Türkiye has recorded an impressive Foreign Direct Investment (FDI) inflow of USD 11.3 billion in 2024, according to data released by the Central Bank of the Republic of Türkiye (CBRT). Despite global economic uncertainties, the country continues to attract international investors, reinforcing its position as a stable and competitive market.
FDI inflows increased by 5.6 percent compared to 2023, driven by a diverse investor base and resilient capital flows. The Netherlands led with 23.6 percent of total FDI, followed by Germany (11.5 percent) and the U.S. (10.3 percent). Other key investors included Ireland, Azerbaijan, Switzerland, the UK, the UAE, France, and Norway. This broad investor base highlights Türkiye's deepening economic integration with international markets and its growing role in global value chains.
Manufacturing attracted the highest share of FDI, reaching USD 2.3 billion and accounting for 34.5 percent of total inflows. The sector saw a 32.5 percent year-on-year increase, solidifying its role as the top-performing industry. Wholesale and retail trade followed with 25.3 percent of total FDI, while the transport and logistics sector ranked third with a 7.2 percent share.
Türkiye's FDI growth stands in stark contrast to global trends. According to UNCTAD's Global Investment Trends Monitor, worldwide FDI flows declined by 8 percent in 2024. The downturn was especially severe in Europe, where FDI fell by 45 percent. Major economies like Germany and Poland experienced a 60 percent drop, and Italy, Spain, and France saw declines of 35 percent, 13 percent, and 6 percent, respectively.
Commenting on the outlook, Investment Office President Ahmet Burak Dağlıoğlu emphasized Türkiye's structural reforms, strategic location, and strong production infrastructure as key drivers of its investment appeal. He expressed optimism for 2025, stating that the country expects a significant rise in international direct investments.
"With ongoing reforms and our strategic positioning, we anticipate a substantial increase in FDI. These developments will further solidify Türkiye's status as a premier global investment hub and a critical node in the world economy," Dağlıoğlu stated.