Türkiye (Turkey)
Europe / Middle East · Ankara · TRY (Turkish Lira)
経済・産業概況
Türkiye is an upper-middle-income emerging-market economy and the 17th largest in the world by nominal GDP, with a highly diversified base spanning manufacturing, finance, tourism, construction, agriculture, and defence industries. The country is a member of the G20, OECD, and operates within the EU Customs Union, giving it deep trade integration with European markets. Following a period of extremely high inflation driven by unorthodox monetary policy, authorities pivoted in mid-2023 to orthodox tightening, raising the benchmark rate from 8.5% to 50% by March 2024, and inflation has been on a gradual downward trajectory since its peak. The economy grew approximately 3.3% in 2024 and is underpinned by strong domestic consumption, a dynamic private sector, and record IPO activity on Borsa Istanbul. Key structural challenges include persistent inflation, lira volatility, high external financing needs, and youth unemployment.
主要セクター
📘 Türkiye (Turkey)のすべてを知る →マクロ
| GDP 名目, USD | $1.32T |
| GDP成長率 実質, 年率 | 3.3% |
| インフレ率 年率 | 32.1% |
| 人口 人 | 85.4M |
| 一人当たりGDP USD | $15,148 |
| 時価総額 上場総額, USD | $465.60B |
| 時価総額/GDP | 30.1% |
| 失業率 | 8.4% |
| 上場企業数 | 656 |
| 取引所 | Borsa İstanbul (BIST) |
データ年度: 2024. 出典: World Bank World Development Indicators 2024, IMF World Economic Outlook April 2026, Trading Economics, CEIC Data – Borsa Istanbul Market Capitalization, Baker McKenzie Cross-Border Listings Guide – Borsa Istanbul (Feb 2026), Turkish Statistical Institute (TÜİK), FocusEconomics, Macrotrends, Wikipedia – Economy of Turkey, BIST 100, Borsa Istanbul, Turkish Ministry of Environment and Urbanisation – Citizenship by Investment, Daily Sabah – IMF Article IV 2025.
最新ニュース
- Seven Shifts Defining the Future of Technology Leadership in Türkiye
- Mo Salah effect: Trabzonspor move boosts tourism and Türkiye's economy
- KoçSistem Leads Türkiye’s Information Technology (IT) System Integrator for the Eighth Consecutive Year as KoçDigital Wins Top Artificial Intelligence (AI) Award
主要上場企業
現地主要取引所における時価総額上位企業。
| # | 企業 | セクター | 時価総額USD | 米国上場 |
|---|---|---|---|---|
| 1 | Koç HoldingKCHOL · BIST | Conglomerate | $18.50B | — |
| 2 | Sabancı HoldingSAHOL · BIST | Conglomerate | $11.00B | — |
| 3 | Türkiye İş Bankası (İşbank)ISCTR · BIST | Banking | $9.80B | — |
| 4 | Garanti BBVAGARAN · BIST | Banking | $9.50B | TKGBY |
| 5 | AkbankAKBNK · BIST | Banking | $8.70B | — |
| 6 | Türk Hava Yolları (Turkish Airlines)THYAO · BIST | Airlines & Transportation | $8.20B | — |
| 7 | BIM Birleşik MağazalarBIMAS · BIST | Retail (Discount) | $7.80B | — |
| 8 | Yapı ve Kredi Bankası (Yapı Kredi)YKBNK · BIST | Banking | $7.50B | — |
| 9 | Tüpraş (Türkiye Petrol Rafinerileri)TUPRS · BIST | Energy (Oil Refining) | $7.20B | — |
| 10 | Ford OtosanFROTO · BIST | Automotive | $7.00B | — |
| 11 | Türk Telekomunikasyon (Türk Telekom)TTKOM · BIST | Telecommunications | $6.50B | — |
| 12 | TurkcellTCELL · BIST | Telecommunications | $6.10B | TKC |
| 13 | HalkbankHALKB · BIST | Banking | $5.20B | — |
| 14 | VakıfbankVAKBN · BIST | Banking | $4.90B | — |
| 15 | ArçelikARCLK · BIST | Consumer Electronics / Appliances | $4.60B | — |
| 16 | Enerjisa EnerjiENJSA · BIST | Energy (Electricity Distribution) | $4.20B | — |
| 17 | Tofaş (Türk Otomobil Fabrikası)TOASO · BIST | Automotive | $4.00B | — |
| 18 | AselsanASELS · BIST | Defence & Aerospace | $3.80B | — |
| 19 | Migros TicaretMGROS · BIST | Retail (Supermarkets) | $3.40B | — |
| 20 | ŞişecamSISE · BIST | Glass & Building Materials | $3.20B | — |
| 21 | Sabancı Holding – AksigortaAKGRT · BIST | Insurance | $2.80B | — |
| 22 | Ereğli Demir ve Çelik (Erdemir)EREGL · BIST | Steel & Metals | $2.70B | — |
| 23 | Pegasus Hava Taşımacılığı (Pegasus Airlines)PGSUS · BIST | Airlines & Transportation | $2.50B | — |
| 24 | Kardemir (Karabük Demir Çelik Sanayi)KRDMD · BIST | Steel & Metals | $2.10B | — |
| 25 | Emlak Konut GYOEKGYO · BIST | Real Estate (REIT) | $2.00B | — |
| 26 | Petkim Petrokimya HoldingPETKM · BIST | Petrochemicals | $1.90B | — |
| 27 | Türkiye Sınai Kalkınma Bankası (TSKB)TSKB · BIST | Development Banking | $1.80B | — |
| 28 | Vestel ElektronikVESTL · BIST | Consumer Electronics | $1.70B | — |
| 29 | Koç Holding – AygazAYGAZ · BIST | Energy (LPG Distribution) | $1.60B | — |
| 30 | Türk Traktör ve Ziraat Makineleri (Türk Traktör)TTRAK · BIST | Agricultural Machinery | $1.50B | — |
米国上場ETF
この市場へのエクスポージャーを持つ米国上場ファンド — 多くの米国投資家にとって最もシンプルなアクセス手段です。
| ティッカー | ETF | 運用会社 | 対象範囲 | 経費率年率% | エクスポージャーファンドの% |
|---|---|---|---|---|---|
| TUR | iShares MSCI Turkey ETF | BlackRock (iShares) | 単一国 | 0.59% | 100% |
| VWO | Vanguard FTSE Emerging Markets ETF | Vanguard | 新興市場全体 | 0.08% | 0% |
| EMXC | iShares MSCI Emerging Markets ex China ETF | BlackRock (iShares) | 新興市場全体 | 0.25% | 2% |
| EEME | iShares MSCI Europe, Australasia, Far East (EAFE) Emerging Markets | BlackRock (iShares) | 地域別 | 0.34% | 2% |
| EEM | iShares MSCI Emerging Markets ETF | BlackRock (iShares) | 新興市場全体 | 0.70% | 1% |
| FM | iShares MSCI Frontier and Select EM ETF | BlackRock (iShares) | 地域別 | 0.79% | 3% |
現地取引所とアクセス方法
| 取引所 | Borsa İstanbul |
| コード | BIST |
| ウェブサイト | www.borsaistanbul.com |
| 通貨 | TRY |
現地ブローカーアクセス
Foreign investors can access Borsa İstanbul equities through local Turkish brokerage accounts (e.g. İş Yatırım / Is Investment, Yapı Kredi Yatırım, Garanti BBVA Yatırım) or through international brokers with emerging-market access. US-listed ETFs such as TUR (iShares MSCI Turkey ETF) provide indirect equity exposure without requiring a local brokerage account. Some Turkish companies have US-listed ADRs or GDRs. Capital gains on equities held by foreign investors are generally exempt from Turkish withholding tax under most bilateral tax treaties. Repatriation of investment proceeds is permitted under Turkish law subject to standard AML documentation.
海外市場対応のグローバルブローカー
- Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
- Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
- Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
- Fidelity International Trading — International stock trading on a number of developed and emerging markets.
参考情報として掲載しており、推奨ではありません。対応市場、手数料、口座開設条件はブローカーや居住国によって異なります。
移住・居住権
投資ビザ・居住権プログラム
付与内容 Citizenship / second passport
Türkiye offers a Citizenship by Investment programme administered by the Ministry of Environment and Urbanisation. Foreign nationals who make a qualifying real estate purchase of at least $400,000 USD (or equivalent in TRY), maintain a bank deposit of at least $500,000 in a Turkish bank for three years, create employment for at least 50 Turkish citizens, or invest at least $500,000 in a government bond or approved fund, are eligible to apply for Turkish citizenship. The programme grants full Turkish citizenship including a Turkish passport within approximately 3–6 months of approval. Applicants must not have committed any crime against the state. The programme has been in operation since 2017 with updated minimum thresholds introduced in 2022.
最低投資額: $400.00K
申請のサポートが必要な場合は、投資移住専門のアドバイザー(例: Henley & Partners.
外国人投資家のアクセス
Türkiye is a popular destination for digital nomads, retirees, and entrepreneurs. Foreign nationals may obtain a short-stay residence permit (up to 2 years, renewable) upon application to the Provincial Directorate of Migration Management with proof of accommodation and financial sufficiency. A long-term residence permit is available after 8 years of continuous legal residence. Istanbul and Ankara are the primary business hubs; the country has no income tax on foreign-sourced income for new residents under certain conditions, but local employment income is taxed progressively. Cost of living is generally lower than Western Europe, though inflation has significantly eroded real purchasing power.
米国上場ADR・クロスリスティング
米国でも株式が取引されている当該国の企業 — 通常の米国証券口座で投資可能です。
| 企業 | 米国ティッカー | 現地ティッカー | 備考 |
|---|---|---|---|
| Garanti BBVA | TKGBY | GARAN | Garanti BBVA trades as an OTC ADR in the US under the ticker TKGBY. The primary listing is on Borsa Istanbul. Garanti BBVA is majority-owned by Spain's BBVA group. |
| Turkcell İletişim Hizmetleri | TKC | TCELL | Turkcell is Turkey's leading mobile operator and is listed directly on the New York Stock Exchange (NYSE) as TKC, in addition to its primary listing on Borsa Istanbul. It is the most liquid and widely followed Turkish company in US markets. |
| Türk Hava Yolları (Turkish Airlines) | TKHVY | THYAO | Turkish Airlines trades as an OTC pink-sheet ADR in the US under the ticker TKHVY. The primary and most liquid listing is on Borsa Istanbul. Turkish Airlines is majority-owned by the Turkish government via the Turkey Wealth Fund. |
| Yapı ve Kredi Bankası | YKYLY | YKBNK | Yapı Kredi Bank trades as an OTC ADR under YKYLY in the US. Primary listing is Borsa Istanbul. The bank is jointly controlled by Koç Holding and UniCredit of Italy. |