According to data from the Investment Authority of Turkey, the total inflow of foreign direct investment for 2024 amounted to 11.3 billion dollars, reports “Hurriyet Daily News“, BTA reported.
Turkey maintains its position as a stable and competitive market against the backdrop of pressured investment flows worldwide, the agency also stated. According to statistics from the Turkish Central Bank, foreign direct investment in the country increased by 5.6 percent on an annual basis.
The largest foreign investor in the country for 2024 is the Netherlands with a share of 23.6 percent of the total, followed by Germany with a share of 11.5 percent and the United States with a share of 10.3 percent. They are followed by Ireland, Azerbaijan, Switzerland, the United Kingdom, the UAE, France and Norway.
According to the data, the manufacturing sector attracted the largest investments - 2.3 billion foreign direct investments, which is an increase of 32.5 percent year-on-year and represents 34.5 percent of all foreign direct investments.