According to the information compiled from the results of the “Sector Balance Sheets 2022” research conducted in cooperation with the Turkish Statistical Institute and the Central Bank of the Republic of Turkey, the total assets of companies in the information and communication sector continued their increasing trend in the 2013-2022 period.

While the total assets of the companies were 115 billion 381 million lira in 2013, this figure reached 167 billion 602 million lira in 2016, 234 billion 412 million lira in 2019 and 596 billion 68 million lira in 2022.

Thus, the assets of the companies in question increased by approximately 417 percent in the 10-year period and increased 5 times.


R&D expenditures increased 25 times

In the information and communication sector, spending on R&D investments increased significantly in the said period. These expenditures, which were at the level of 898 million liras in 2013, increased approximately 25 times to 22 billion 595 million liras by the end of last year.

On the other hand, the gross sales of companies increased from 66 billion 597 million lira to 471 billion 227 million lira in this period. Domestic sales by companies increased from 62 billion 465 million lira to 387 billion 924 million lira, and foreign sales increased from 3 billion 343 million lira to 75 billion 75 million lira.

In addition, the “other income” item under gross sales increased from 788 million 543 lira to 8 billion 228 million lira in the same period.

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