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.

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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, May 25, 2015.

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -6153.67 -4655.64 24.51 -10453.06 USD Million [+]
Exports 12579.00 12271.54 14747.50 7.10 USD Million [+]
Imports 18723.00 16927.18 23245.30 15.00 USD Million [+]
Current Account -4961.00 -3200.00 1132.00 -9460.00 USD Million [+]
Current Account to GDP -5.70 -7.90 2.00 -9.70 percent [+]
External Debt 402415.00 402415.00 402415.00 43911.00 USD Million [+]
Terms of Trade 104.22 105.24 147.63 93.96 Index Points [+]
Foreign Direct Investment 12918.00 13224.00 22046.00 1800.00 USD Million [+]
Remittances 66.00 46.00 574.00 43.00 USD Million [+]
Tourist Arrivals 1895940.00 1383343.00 5296323.00 213998.00 [+]
Gold Reserves 529.10 523.73 529.10 116.10 Tonnes [+]
Crude Oil Production 48.00 47.00 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 -4.17 Dec/14 -3.66 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 -2.95 Dec/14 -3.20 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 -2.10 Dec/14 -1.80 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 12.30 Dec/13 9.16 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 [+]