YASED’s 2024 First Half Report
The International Investors Association (YASED) published the International Direct Investments Bulletin in Figures for the first six months of the year, on the same date that the Central Bank of the Republic of Turkey announced the Balance of Payments statistics. According to this report, in the first six months of 2024, a total of 4 billion 692 million dollarsInternational direct investment (FDI) inflow of 100,000 TL was realized. Compared to the same period last year, this figure a 5 percent dropIt was observed that the direct investments attracted to Turkey in the first six months of 2024 will reduce the current account deficit 28 percentThe total value of international direct investments coming to Turkey since 2002 is 268 billion dollarshas been suspended.
Investments made in the first six months of the year 2 billion 846 million dollarsrecorded as investment capital, 1 billion 535 million dollarsreal estate sales to foreign nationals, 754 million dollarswas formed in the form of debt instruments. In the same period, investment liquidations 443 million dollarsTurkey’s total FDI inflows, with its negative impact on the value of 4 billion 692 million dollarswas realized as.
Sectoral Distribution of Investments
Maximum investmentWholesale and retail trade and financial activities are prominent sectors where capital inflows are provided. In the first six months of 2024, total investment capital inflows 2 billion 846 million dollarswhile the wholesale and retail trade sector $664 millionwith investment input 23 percentFinancial activities are the investment capital inflows that took place in the same period. 12 percentrecorded in the sector in question. $346 millioninvestment 274 million dollarsIt is related to other financial services other than banking and insurance.
Other sectors where the highest investment took place in the first six months of 2024 are listed as follows:
- Transportation and storage:11 percent share
- Manufacturing of computer, electrical-electronic and optical products:9 percent share
- Mining and quarrying:6 percent share
Investment Inflows by Country
Among the countries that Turkey attracted the most investment capital in the first six months of 2024 Netherlands, USA, Germany, Ireland, Norway and the United KingdomIn the historical accumulation of total investments in the period 2002-2023 59 percentEuropean Union (EU) countries, which carried out 51 percentThe non-EU European countries have a share 21 percentIt is the second largest investor by purchasing a share.
In the first six months of 2024, in terms of countries, Hollandpercentage 20with the largest share, USApercentage 13, Germanypercentage 10, Irelandpercentage 9, NorwayAnd United Kingdompercentage 8followed with.
