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Companies operating in Türkiye recorded combined assets of ₺95.84 trillion ($2.92 trillion) in 2024, according to consolidated balance sheet data released by the Turkish Statistical Institute (TurkStat).
The figures covered over 1.1 million firms across various sectors, indicating that total liabilities stood at ₺47.23 trillion, while shareholders’ equity amounted to ₺48.60 trillion.
Aggregate net sales reached ₺78.25 trillion, with operating profits recorded at ₺3.75 trillion. Despite higher turnover compared with the previous year, operating profitability fell. The overall net profit across all sectors stood at ₺1.95 trillion ($59.4 billion).
Out of 1.1 million companies included in the report, wholesale and retail trade—including repair of motor vehicles and motorcycles—represented the largest group with 356,062 firms. Manufacturing accounted for 16.4% of all firms, maintaining its weight in Türkiye’s industrial base.
The manufacturing sector led in asset size, with a total of ₺25.68 trillion. Wholesale and retail trade followed with ₺18.58 trillion.
In terms of equity, manufacturing also ranked first at ₺13.28 trillion, followed by wholesale and retail trade with ₺7.35 trillion and professional, scientific, and technical activities with ₺7.26 trillion.
Manufacturing generated the highest net profit in 2024, reaching ₺559.1 billion ($17.1 billion).
Wholesale and retail trade followed with ₺299.6 billion, while professional, scientific, and technical activities posted ₺286.2 billion.
By contrast, education closed the year with a net loss of ₺3.15 billion, while the water supply, sewerage, waste management, and remediation sector reported a loss of ₺1.68 billion.
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