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FDI inflows into Turkiye hit $1.5 bn in Q1 2024; Dutch invest most

16 May '24
1 min read
FDI inflows into Turkiye hit $1.5 bn in Q1 2024; Dutch invest most
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Insights

  • FDI inflows into Turkiye were worth $1.5 billion in Q1 2024, the International Investors Association has said.
  • Equity capital inflows totalled $1.2 billion in the quarter, it said citing central bank data.
  • The highest source of FDI inflows was the Netherlands, accounting for a quarter of the total, followed by the US (21 per cent) and Germany (12 per cent).
Foreign direct investment (FDI) inflows into Turkiye were worth $1.5 billion in the first quarter (Q1) this year, according to the International Investors Association (YASED).

Equity capital inflows totalled $1.2 billion in the quarter, the association said citing data from the Turkish central bank.

The country received $796 million through real estate investments from abroad, a domestic news agency reported.

The highest source of FDI inflows was the Netherlands, accounting for a quarter of the total, followed by the United States (21 per cent) and Germany (12 per cent) over the three-month period.

ALCHEMPro News Desk (DS)
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