Turkey Current Account to GDP 1980-2014 | Data | Chart | Calendar

Turkey recorded a Current Account deficit of 7.90 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Turkey averaged -2.45 Percent from 1980 until 2013, reaching an all time high of 2 Percent in 2001 and a record low of -9.70 Percent in 2011. Current Account to GDP in Turkey is reported by the Central Bank of the Republic of Turkey.

      Forecast    
Turkey Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-7.90 -6.00 2.00 -9.70 1980 - 2013 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Turkey Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Turkey Current Account to GDP - was last refreshed on Thursday, December 18, 2014.

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -6251.72 -6925.00 24.51 -10453.06 USD Million [+]
Exports 12933.21 13660.00 14747.50 7.10 USD Million [+]
Imports 19184.93 20585.00 23245.30 15.00 USD Million [+]
Current Account -2030.00 -2224.00 1132.00 -9460.00 USD Million [+]
Current Account to GDP -7.90 -6.00 2.00 -9.70 percent [+]
External Debt 401706.00 386786.00 401706.00 43911.00 USD Million [+]
Terms of Trade 100.89 99.85 147.63 93.96 Index Points [+]
Foreign Direct Investment 12387.00 15904.00 22046.00 1800.00 USD Million [+]
Remittances 73.00 93.00 574.00 43.00 USD Million [+]
Tourist Arrivals 3439554.00 4352429.00 5296323.00 213998.00 [+]
Gold Reserves 512.93 483.54 519.73 116.10 Tonnes [+]
Crude Oil Production 48.00 49.00 72.40 38.00 BBL/D/1K [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -3.66 Dec/13 -2.40 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.00 Dec/13 2.60 10.10 -3.70 percent [+]
Euro Area 2.40 Dec/13 1.40 2.40 -1.50 percent [+]
France -1.30 Dec/13 -2.20 2.70 -2.20 percent [+]
Germany 7.50 Dec/13 7.40 7.50 -1.70 percent [+]
India -1.70 Dec/13 -4.70 1.50 -4.70 percent [+]
Indonesia -3.30 Dec/13 -2.80 4.80 -6.80 percent [+]
Italy 1.00 Dec/13 -0.30 3.20 -3.70 percent [+]
Japan 0.70 Dec/13 1.10 4.80 -1.00 percent [+]
Mexico -1.80 Dec/13 -1.20 3.40 -6.10 percent [+]
Netherlands 10.40 Dec/13 9.50 10.40 -1.00 percent [+]
Russia 1.56 Dec/13 3.60 18.00 -1.40 percent [+]
South Korea 5.80 Dec/13 4.30 11.90 -8.30 percent [+]
Spain 0.80 Dec/13 -1.20 1.50 -10.00 percent [+]
Switzerland 13.50 Dec/12 8.50 15.60 -0.60 percent [+]
Turkey -7.90 Dec/13 -6.00 2.00 -9.70 percent [+]
United Kingdom -4.40 Dec/13 -3.80 1.90 -4.90 percent [+]
United States -2.30 Dec/13 -2.70 0.20 -6.00 percent [+]