Turkey sees FDI rise 58% as investor confidence returns
Turkey’s economy is seeing an uptick in foreign investment after a financial downturn punctuated by its highest inflation on record.
Turkey recorded foreign direct investment inflows of $10.6 billion for the first eight months of the year, a 58% year-on-year increase from the same period in 2024, amid signs of stabilization and renewed investor confidence in Turkey’s economy.
Details: Data from the Turkish International Investors Association released on Monday showed that the wholesale and retail trade sector attracted the most FDI at $2.5 billion, followed by information and communications as well as food manufacturing, which brought in $1.2 billion each.
For the first eight months of the year, the largest country investors in Turkey were the Netherlands ($2.5 billion), Kazakhstan ($1.1 billion) and Luxembourg ($1.1 billion).
Last year, Turkey attracted $11.3 billion in FDI, up from $10.6 billion in 2023, according to the investors association. If inflows continue at the current pace, total FDI in 2025 is on track to surpass last year.
