Turkey’s FDI hits $12bn as Dutch lead investor ranking

Foreign direct investment (FDI) in Turkey rose 35 percent year on year to $11.6 billion in the first 10 months of 2025.

FDI into the country since 2002 exceeds $285 billion, state-run Anadolu news agency reported, quoting data from the International Investors Association (Yased).

Between January and October, the Netherlands topped the list of investors with $2.8 billion, followed by Kazakhstan and Luxembourg, each injecting $1.1 billion.

Wholesale and retail trade led with an 18 percent share, while electricity, gas, steam and air-conditioning production and distribution accounted for 9 percent.

Equity capital inflows totalled $567 million in October, with real estate sales to foreign nationals reaching $240 million. Nearly $200 million was invested in the transportation and storage sector.

However, divestment and debt instruments decreased the FDI total by $606 million and $73 million, respectively, Yased said.

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The share of EU countries, which accounted for 58 percent of FDI into Turkey between 2002 and 2024, reached 82 percent in October.

In the same month, France’s share reached 35 percent, followed by the Netherlands (16 percent), Germany (10 percent), Belgium (9 percent) and Switzerland (5 percent).

In its World Economic Outlook released in October, the International Monetary Fund raised its forecast for Turkey’s economic growth in 2025 to 3.5 percent, citing resilient domestic demand. The IMF increased the growth forecast for next year to 3.7 percent from 3.3 percent.