$497 Million Worth of International Investment to Turkey in August
According to the International Investors Association's bulletin, Turkey received $497 million worth of international direct investment in August.
The International Investors Association (YASED) published the "International Direct Investments in Figures" bulletin after the announcement of the Balance of Payments Statistics by the Central Bank of the Republic of Turkey.
According to current official data, the total amount of International Direct Investment (IDI) coming to Turkey in the 8 months of the year was recorded as 6.41 billion dollars. While a 2% decrease was recorded in this period compared to the same period of 2023, the total value of IDI inflows to Turkey since 2002 approached 270 billion dollars.
In August of this year, Turkey received 497 million dollars of IDI inflow, of which 283 million dollars were realized in the form of investment capital.
201 million dollars of the total IDI in August were recorded through real estate sales to foreign nationals, and 35 million dollars were recorded through debt instruments. In the same month, the downward effect of investment liquidations worth 22 million dollars drew attention.
In the investment capital inflows worth 283 million dollars realized in August, wholesale and retail trade took a 16% share with 46 million dollars of investment inflow.
The manufacturing of food, beverages, and tobacco products, with a performance above its past cumulative performance, constituted 16% of the investment capital inflows realized in the same period.
European Union countries took a 54% share
EU countries, which had a 59% share in the 2002-2023 total period, took a 54% share in August. In the same month, other European countries that are not members of the EU became the second region to invest the most in Turkey with a 16% share.
In August 2024, Germany had the largest share with 22%, followed by Switzerland with 11%, the Netherlands with 10%, the USA with 9%, France with 9%, Luxembourg with 8%, and Taiwan with 7%.
When the total of the 8 months of the year is evaluated, the three countries that invested the most in Turkey were ranked as the Netherlands with a 20% share, Germany with 15%, and the USA with 13%.