Fitch forecast for $200 billion: Capital will flow to 9 countries, including Turkey

Fitch Ratings, a New York-based rating agency, predicts that capital inflows to some countries, including Turkey, will reach $200 billion in 2024. This amount will be the highest in the last 10 years.

The Global Economic Outlook report analyzes trends in net private capital inflows to the largest emerging markets, focusing on nine emerging markets. These countries include Turkey, Mexico, South Korea, South Africa, Brazil, Poland, India, Indonesia and Russia. Capital inflows to these countries are expected to be the highest since 2013.

In the analysis, net capital flows to emerging markets, with the exception of China, were divided into four categories: foreign direct investment, portfolio capital, portfolio debt and bank flows.