Turkey Current Account  1984-2017 | Data | Chart | Calendar | Forecast

Turkey's current account deficit widened to USD 2.53 billion from USD 1.96 billion in the same month of the previous year and slightly higher than market expectations of USD 2.50 billion. The goods deficit rose to USD 2.49 billion (from USD 1.95 billion a year earlier) and the primary income gap fell to USD 709 million (from USD 721 million). Meanwhile, the services surplus rose to USD 519 million (from USD 319 million a year ago), despite a drop in tourism revenues, and the secondary income declined to USD 154 million (from USD 384 million). In the first two months of 2017, the current account deficit widened to USD 5.29 billion from USD 4.17 billion in the same period of 2016. Current Account in Turkey averaged -1337.75 USD Million from 1984 until 2017, reaching an all time high of 1132 USD Million in September of 1998 and a record low of -9460 USD Million in March of 2011.

Turkey Current Account
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-14 07:00 AM Dec $-4.27B $-2.24B $-4.63B $ -3.8B
2017-03-13 07:00 AM Jan $-2.76B $-4.27B $ -2.78B $ -2.4B
2017-04-11 07:00 AM Feb $-2.527B $-2.76B $-2.5B $ -3B
2017-05-11 07:00 AM Mar $-2.527B $ -2.7B
2017-06-12 07:00 AM Apr $ -2.6B
2017-07-13 07:00 AM May $ -2.7B




Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -3690.00 -4308.50 24.51 -10453.06 USD Million [+]
Exports 12127.00 11277.65 14680.11 7.10 USD Million [+]
Imports 15820.00 15586.15 23245.30 15.00 USD Million [+]
Current Account -2527.00 -2760.00 1132.00 -9460.00 USD Million [+]
Current Account to GDP -3.80 -3.70 2.00 -8.90 percent [+]
External Debt 404182.00 416732.00 421434.00 43911.00 USD Million [+]
Terms of Trade 106.67 107.77 147.63 93.96 Index Points [+]
Capital Flows 2611.00 3498.00 9188.00 -5630.00 USD Million [+]
Foreign Direct Investment 12300.00 16800.00 22046.00 1800.00 USD Million [+]
Remittances 37.00 45.00 574.00 37.00 USD Million [+]
Tourism Revenues 1142.10 1330.90 4947.00 79.00 USD Million [+]
Tourist Arrivals 1159833.00 1055474.00 5480502.00 213998.00 [+]
Gold Reserves 377.05 442.13 529.10 116.10 Tonnes [+]
Weapons Sales 291.00 179.00 291.00 3.00 USD Million [+]
Terrorism Index 6.74 5.74 6.74 4.62 [+]
Crude Oil Production 49.00 49.00 72.40 38.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Turkey Current Account Notes

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Turkey Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Current Account - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2527.00 -2760.00 1132.00 -9460.00 1984 - 2017 USD Million Monthly



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Cuba 101.00 Dec/15
Cyprus -944.70 Dec/16
Czech Republic -845.40 Dec/16
Denmark 11326.00 Feb/17
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Dominican Republic -441.40 Sep/16
East Timor 98.00 Dec/15
Ecuador 264.27 Dec/16
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Equatorial Guinea 552.00 Dec/15
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Euro Area 27.87 Feb/17
Fiji 38.80 Sep/16
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France -3630.00 Feb/17
Gabon 341.00 Dec/13
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Germany 20400.00 Feb/17
Ghana -638.41 Sep/16
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Guatemala 57.60 Sep/16
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Hong Kong 34834.00 Dec/16
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Iran 3729.00 Sep/16
Iraq 15861.00 Dec/15
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Italy 1193.00 Feb/17
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Jamaica 6.00 Jun/16
Japan 2813.60 Feb/17
Jordan -584.80 Dec/16
Kazakhstan -2589.90 Dec/16
Kenya -3617.90 Nov/16
Kosovo 15.70 Jan/17
Kuwait 471.00 Sep/16
Kyrgyzstan -61.50 Dec/16
Laos -237.68 Jun/16
Latvia 207.00 Feb/17
Lebanon 341.80 Feb/17
Lesotho -628.38 Sep/16
Liberia -81.50 Sep/16
Libya -12905.00 Dec/15
Lithuania -68.69 Feb/17
Luxembourg 1522.60 Dec/16
Macau 103162.80 Dec/15
Macedonia -1.10 Jan/17
Madagascar 59.00 Mar/16
Malawi -1425.70 Dec/15
Malaysia 12200.00 Dec/16
Maldives -666.70 Dec/16
Mali -406.40 Dec/16
Malta 256175.00 Dec/16
Mauritania -308.60 Dec/15
Mauritius -4660.00 Dec/16
Mexico -3362.67 Dec/16
Moldova -13.49 Dec/16
Mongolia 55.80 Feb/17
Montenegro -295140.27 Dec/16
Morocco -18430.90 Dec/16
Mozambique -903.40 Dec/16
Myanmar -1128.00 Dec/12
Namibia -7506.60 Dec/16
Nepal -1974.60 Jun/16
Netherlands 17897.70 Dec/16
New Caledonia -118.50 Dec/15
New Zealand -2335.00 Dec/16
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Niger -921.70 Dec/15
Nigeria -404.65 Jun/16
Norway 59304.00 Dec/16
Oman -4155.00 Dec/15
Pakistan -2586.00 Mar/17
Palestine -365.10 Dec/16
Panama -3098.10 Dec/16
Papua New Guinea 4386.00 Sep/16
Paraguay 256.10 Sep/16
Peru 156.85 Dec/16
Philippines -197.31 Dec/16
Poland -860.00 Feb/17
Portugal 28.50 Feb/17
Puerto Rico 6331.40 Dec/15
Qatar -6169.00 Dec/16
Republic of the Congo -1163.30 Dec/10
Romania -273.00 Feb/17
Russia 22800.00 Mar/17
Rwanda -1210.45 Dec/16
Sao Tome and Principe -78.61 Dec/15
Saudi Arabia -1197.00 Dec/16
Senegal -499.30 Dec/15
Serbia -162.90 Feb/17
Seychelles -59.70 Dec/16
Sierra Leone -1102.09 Dec/12
Singapore 18129.90 Dec/16
Slovakia 55.90 Feb/17
Slovenia 246.50 Feb/17
South Africa -76438.00 Dec/16
South Korea 8400.00 Feb/17
Spain 409.00 Jan/17
Sri Lanka -1172.00 Dec/16
Sudan -962.30 Dec/16
Suriname 43.70 Dec/16
Swaziland 320.00 Sep/16
Sweden 64.30 Dec/16
Switzerland 22022.94 Dec/16
Syria -418.30 Dec/11
Taiwan 18301.00 Dec/16
Tajikistan 152472.50 Sep/16
Tanzania 83.40 Jan/17
Thailand 5734.60 Feb/17
Togo -140.50 Dec/15
Trinidad and Tobago -659.70 Jun/16
Tunisia -2241.30 Dec/16
Turkey -2527.00 Feb/17
Turkmenistan -7105.00 Dec/17
Uganda -188.90 Dec/16
Ukraine -399.00 Feb/17
United Arab Emirates 42400.00 Dec/16
United Kingdom -12088.00 Dec/16
United States -112382.00 Dec/16
Uruguay -117.00 Dec/16
Uzbekistan 159.00 Dec/17
Venezuela -5113.00 Dec/15
Vietnam 3499.00 Sep/16
Yemen -1530.50 Dec/13
Zambia -107.20 Sep/16
Zimbabwe -2595.30 Dec/15