910 million dollars of international investment came to Turkey in January 2024
International direct investment (UDY) inflow to Turkey increased by 20 percent in January compared to the same period last year, reaching 910 million dollars.
International Investors Association (YASED) published the International Direct Investments Bulletin in Figures following the announcement of the Balance of Payments statistics of the Central Bank of the Republic of Turkey.
Accordingly, the total amount of FDI entering Turkey in January increased by 20 percent to 910 million dollars. 399 million dollars were recorded through investment capital inflows, 415 million dollars through real estate sales to foreign nationals, and 102 million dollars through debt instruments. Total FDI inflow amounted to 910 million dollars, with investment liquidations having a downward impact of 6 million dollars.
FDI withdrawn in January corresponded to 36 percent of the current account deficit in the same month. When evaluated since 2002, cumulative FDI inflows to Turkey exceeded 264 billion dollars.
Most investments came from the USA
Among the investment capital inflows, which amounted to 399 million dollars in January, the leading sector was mining and quarrying with 167 million dollars (42 percent). Wholesale and retail trade continued its high performance, attracting 15 percent of investment capital inflows.
In the first month of the year, the USA received the highest share of FDI received by Turkey with 44 percent, followed by Germany with 17 percent and the United Kingdom with 12 percent. The total share of the European Union (EU-27) countries was 27 percent.
