ANKARA: Foreign direct investment (FDI) flows to Trkiye dropped 3% year-on-year to $9.6 billion last January-November, the International Investors Association (YASED) said Monday. Equity capital inflow rose 9% to $5.5 billion in the first 11 months of last year, the sectoral group said, citing data from the Turkish Central Bank.

According to Anadolu Agency, the Netherlands was the largest source of FDI flows, accounting for 20% of the total, followed by Germany with 13% and the US at 11%. In November, Trkiye attracted $1.14 billion worth of FDI, including $721 million in equity capital inflows.

About $194 million was received through real estate investments from foreigners in the 11-month period.