Foreign Direct Investment to Turkey in 2015
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by admin
- May 5, 2015
- Investment
- 0
In the last decade, Turkey has shown enormous effort into creating valuable market for investors. In the first two months of 2015, Turkey has received 2.7 billion US Dollars ($954 million in February and $1.757 billion in January) as foreign direct investment (FDI).
Even though GCC (Gulf Cooperation Council) Countries have increased their investments in Turkey, seventy percent of the total direct foreign investment is still coming from European Union according to the report published by the Turkish Economy Ministry.
Many authorities expected lower investment rates to Turkey due to upcoming elections this year; however, Turkey has proven that its business environment is one of the most attractive within developing countries.
There are over 40.000 companies with international headquarters that run business in Turkey and nearly 25.000 of them operating their businesses in the Istanbul estate market which is the largest market within Turkish cities.
FDI Inflow to Turkey by Year
|
USD million |
|||||
|
2010 |
2011 |
2012 |
2013 |
2014 |
|
| FDI Total (Net) |
9,099 |
16,176 |
13,282 |
12,457 |
12,530 |
| Equity Investments (Net) |
6,221 |
14,146 |
10,126 |
9,298 |
8,445 |
|
6,256 |
16,137 |
10,759 |
9,866 |
8,699 |
|
35 |
1,991 |
633 |
568 |
254 |
| Intra -ompany Loans* |
384 |
17 |
520 |
110 |
-236 |
| Real Estate (Net) |
2,494 |
2,013 |
2,636 |
3,049 |
4,321 |
*Loans that companies with foreign capital are given by foreign partners
Source: Central Bank of the Republic of Turkey
FDI Inflow to Turkey by Sector
During the last five years, the intermediation and manufacturing sectors have attracted the highest amount of FDI.
|
USD million |
|||||
| Sectors |
2010 |
2011 |
2012 |
2013* |
2014* |
| Agriculture |
81 |
32 |
43 |
47 |
61 |
| Agriculture, forestry and fishing |
81 |
32 |
43 |
47 |
61 |
| Industrial sectors |
2,887 |
8,038 |
5,480 |
4,819 |
4,666 |
| Mining and quarrying |
136 |
146 |
213 |
242 |
449 |
| Manufacturing |
924 |
3,597 |
4,343 |
2,207 |
2,891 |
|
124 |
650 |
2,201 |
400 |
557 |
|
94 |
148 |
376 |
60 |
139 |
|
0 |
0 |
0 |
0 |
1 |
|
1 |
0 |
84 |
3 |
0 |
|
18 |
74 |
12 |
107 |
90 |
|
3 |
1,255 |
179 |
236 |
100 |
|
120 |
348 |
579 |
272 |
495 |
|
7 |
128 |
486 |
168 |
75 |
|
54 |
37 |
10 |
29 |
158 |
|
213 |
292 |
101 |
100 |
129 |
|
64 |
76 |
32 |
5 |
4 |
|
177 |
464 |
143 |
607 |
918 |
|
38 |
93 |
121 |
97 |
124 |
|
11 |
32 |
19 |
123 |
101 |
| Electricity, gas, steam and air-conditioning supply |
1,824 |
4,293 |
924 |
2,334 |
1,323 |
| Water supply, sewerage, waste management and remediation |
3 |
2 |
0 |
36 |
3 |
| Services |
3,288 |
8,067 |
5,236 |
5,000 |
3,972 |
| Construction |
310 |
301 |
1,427 |
178 |
232 |
| Wholesale and retail trade |
435 |
709 |
221 |
377 |
1,165 |
| Transportation and storage |
183 |
222 |
130 |
300 |
136 |
| Accommodation and food service activities |
113 |
122 |
16 |
59 |
20 |
| Information and communication services |
36 |
36 |
133 |
110 |
212 |
| Financial and insurance activities |
1,621 |
5,883 |
2,084 |
3,415 |
1,535 |
|
835 |
4,745 |
1,500 |
1,608 |
1,018 |
|
766 |
882 |
348 |
1,538 |
120 |
|
10 |
170 |
176 |
229 |
262 |
|
10 |
86 |
60 |
40 |
135 |
| Real estate activities |
241 |
300 |
173 |
128 |
227 |
| Professional, scientific and technical activities |
94 |
103 |
78 |
87 |
94 |
| Administrative and support service activities |
17 |
55 |
234 |
175 |
93 |
| Public administration and defense, compulsory social security |
0 |
0 |
0 |
0 |
0 |
| Education |
17 |
68 |
60 |
2 |
0 |
| Human health and social work activities |
112 |
232 |
546 |
106 |
200 |
| Arts, entertainment and recreation |
62 |
13 |
81 |
5 |
2 |
| Other service activities |
47 |
23 |
53 |
58 |
56 |
| Activities of households as employers; undifferentiated goods–and-service-producing activities of households for own use |
0 |
0 |
0 |
0 |
0 |
| Activities of extra-territorial organizations and bodies |
0 |
0 |
0 |
0 |
0 |
| Total |
6,256 |
16,137 |
10,759 |
9,866 |
8,699 |
(*) Provisional
Source: Central Bank of the Republic of Turkey
Geographic Breakdown of FDI Inflow to Turkey
The majority of FDI inflows to Turkey come from Europe, North America, and the Gulf countries.
|
USD million |
||||||
|
2009 |
2010 |
2011 |
2012 |
2013* |
2014* |
|
| Europe |
5,248 |
4,939 |
12,588 |
7,925 |
6,400 |
6,566 |
| Developed Europe |
4,942 |
4,737 |
11,495 |
7,303 |
5,272 |
5,512 |
| EFTA countries |
281 |
197 |
323 |
592 |
234 |
324 |
| Other European countries |
25 |
5 |
770 |
30 |
894 |
730 |
| Africa |
2 |
0 |
0 |
0 |
221 |
42 |
| North Africa |
1 |
0 |
0 |
0 |
0 |
0 |
| Other African countries |
1 |
0 |
0 |
0 |
221 |
42 |
| America |
331 |
384 |
1,485 |
491 |
343 |
325 |
| North America |
312 |
378 |
1,423 |
471 |
342 |
325 |
| Central America |
12 |
0 |
57 |
16 |
1 |
0 |
| South America |
7 |
6 |
5 |
4 |
0 |
0 |
| Asia |
673 |
928 |
2,055 |
2,337 |
2,899 |
1,766 |
| Near and Middle Eastern countries |
361 |
473 |
1,558 |
1,593 |
2,286 |
1,231 |
| Arabian Gulf countries |
209 |
388 |
195 |
940 |
880 |
425 |
| Other Near and Middle Eastern countries |
78 |
45 |
1,359 |
653 |
1,406 |
788 |
| Other Asian countries |
312 |
455 |
497 |
744 |
613 |
535 |
| Oceania and polar regions |
12 |
5 |
9 |
6 |
3 |
0 |
| Unclassified |
0 |
0 |
0 |
0 |
0 |
0 |
| Total |
6,266 |
6,256 |
16,137 |
10,759 |
9,866 |
8,699 |
(*) Provisional
Source: Central Bank of the Republic of Turkey
Source:
http://www.invest.gov.tr/EN-US/INVESTMENTGUIDE/INVESTORSGUIDE/Pages/FDIinTurkey.aspx
