In August, real estate became the favorite of foreign investment.

In the bulletin of the International Investors Association, it was reported that Turkey received 497 million dollars in international direct investment in August. The International Investors Association (YASED) published the bulletin "International Direct Investments in Numbers" following the announcement of the Central Bank of the Republic of Turkey's Balance of Payments Statistics.

According to the latest official data, the total amount of International Direct Investment (IDI) that came to Turkey in the first 8 months of the year was recorded as 6.41 billion dollars. During this period, a decrease of 2% was recorded compared to the same period of 2023, while the total value of IDI inflows to Turkey since 2002 approached 270 billion dollars.

THE LARGEST SHARE IN FOREIGN INVESTMENT IS IN REAL ESTATE SALES

In August of this year, Turkey saw an inflow of 497 million dollars in IDI, of which 283 million dollars occurred in the form of investment capital. Of the total IDI in August, 201 million dollars were from real estate sales to foreign nationals, and 35 million dollars were recorded through debt instruments. The downward effect of investment liquidations valued at 22 million dollars in the same month drew attention. Among the investment capital inflows valued at 283 million dollars in August, wholesale and retail trade accounted for a 16% share with an investment inflow of 46 million dollars. The manufacturing of food, beverages, and tobacco products performed above its past cumulative performance, constituting 16% of the investment capital inflows during the same period.

EU COUNTRIES RECEIVED A 54% SHARE

In the total period from 2002 to 2023, EU countries held a 59% share, and in August, they received a 54% share. In the same month, other European countries that are not EU members became the second region that invested the most in Turkey with a 16% share. In August 2024, Germany held the largest share at 22%, followed by Switzerland at 11%, the Netherlands at 10%, the USA at 9%, France at 9%, Luxembourg at 8%, and Taiwan at 7%. When evaluating the total of the first 8 months of the year, the top three countries that invested the most in Turkey were the Netherlands with a 20% share, Germany with 15%, and the USA with 13%.