Türkiye's impressive growth performance and structural reforms implemented over the past decade and a half have landed it on the radar of many international investors. According to EY, Türkiye became the 5th most popular FDI destination with 264 projects in overall Europe in 2021, increasing its ranking from 7th in 2020, while increasing its share in overall Europe from 3.7 percent in 2020 to 4.5 percent in 2021. In addition, within its peer countries in emerging Europe, Türkiye was ranked as the top FDI destination, with a 27 percent increase in total FDI projects
FDI Inflows to Türkiye
Up until 2002, total FDI into Türkiye stood only at USD 15 billion, while the country attracted around USD 240 billion of FDI during the 2003-2021 period.
FDI Inflows to Türkiye (Cumulative – USD billion)
Source: Central Bank of the Republic of Türkiye
Sectoral Breakdown of FDI Inflows into Türkiye
Top Sectors (2003-2021)
Source: Central Bank of the Republic of Türkiye
Regional Breakdown of FDI Inflows into Türkiye
The majority of FDI inflows to Türkiye have originated from Europe, North America, and the Gulf countries during the past 18 years, while the share of Asia has been noticeably on the rise.
Top Investors (2003-2021)
Source: Central Bank of the Republic of Türkiye
As of mid-2022, the number of companies with international capital in Türkiye hit 78,257, up from 5,600 in 2002.
Source: Ministry of Industry and Technology
Source: www.invest.gov.tr
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