Turkey Current Account to GDP 1980-2015 | Data | Chart | Calendar

Turkey recorded a Current Account deficit of 5.70 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Turkey averaged -2.54 percent from 1980 until 2014, 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.

Turkey Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
-5.70 -7.90 2.00 -9.70 1980 - 2014 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 Monday, August 31, 2015.


Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -7027.59 -6205.89 24.51 -10453.06 USD Million [+]
Exports 11181.33 11995.54 14747.50 7.10 USD Million [+]
Imports 18208.92 18201.43 23245.30 15.00 USD Million [+]
Current Account -3356.00 -3990.00 1132.00 -9460.00 USD Million [+]
Current Account to GDP -5.70 -7.90 2.00 -9.70 percent [+]
External Debt 392812.00 402415.00 402415.00 43911.00 USD Million [+]
Terms of Trade 106.73 106.58 147.63 93.96 Index Points [+]
Foreign Direct Investment 12530.00 12457.00 22046.00 1800.00 USD Million [+]
Remittances 71.00 49.00 574.00 43.00 USD Million [+]
Tourist Arrivals 4123109.00 3804158.00 5296323.00 213998.00 [+]
Gold Reserves 512.99 529.10 529.10 116.10 Tonnes [+]
Capital Flows 4799.00 2424.00 9188.00 -5630.00 USD Million [+]
Crude Oil Production 47.00 47.00 72.40 38.00 BBL/D/1K [+]
Tourism Revenues 3150.00 2719.00 4947.00 79.00 USD Million [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.80 Dec/14 -3.30 1.40 -6.70 percent [+]
Brazil -4.17 Dec/14 -3.66 1.80 -8.20 percent [+]
Canada -2.10 Dec/14 -2.90 2.70 -4.20 percent [+]
China 2.10 Dec/14 2.00 10.10 -3.70 percent [+]
Euro Area 2.10 Dec/14 1.90 2.10 -1.60 percent [+]
France -1.00 Dec/14 -1.40 3.40 -2.10 percent [+]
Germany 7.60 Dec/14 6.50 7.60 -1.70 percent [+]
India -1.40 Dec/14 -1.70 1.50 -4.70 percent [+]
Indonesia -2.95 Dec/14 -3.20 4.80 -6.80 percent [+]
Italy 1.90 Dec/14 0.90 2.90 -3.70 percent [+]
Japan 0.50 Dec/14 0.70 4.80 -1.00 percent [+]
Mexico -2.10 Dec/14 -1.80 3.40 -6.10 percent [+]
Netherlands 10.30 Dec/14 11.00 11.00 -1.00 percent [+]
Russia 3.09 Dec/14 1.64 18.00 -1.40 percent [+]
South Korea 6.30 Dec/14 5.80 11.90 -8.30 percent [+]
Spain 0.80 Dec/14 1.40 1.50 -9.60 percent [+]
Switzerland 7.00 Dec/14 12.70 15.60 -0.60 percent [+]
Turkey -5.70 Dec/14 -7.90 2.00 -9.70 percent [+]
United Kingdom -5.50 Dec/14 -4.50 1.90 -5.50 percent [+]
United States -2.40 Dec/14 -2.40 0.20 -6.00 percent [+]