Data from greenfield investment monitor fDi Markets shows that the US and Germany are the top source countries for FDI into Turkey between 2010 and 2013. The US accounted for 19.2% of all investment in the country, and Germany accounted for 12.7%.
Germany has increased its level of investment in Turkey, from six projects in 2010 to 22 in 2012, representing a 266% increase. In the same period, US investment in the country has decreased from 26 to 23 projects. Turkey's business services sector was the most targeted sector in the country by both the US and Germany, accounting for a combined 27.4% of all projects in Turkey by the two countries.
In the first four months of 2013, projects from the US and Germany account for 61% of FDI into Turkey, suggesting that these countries will remain the leading investors in the country.