Turkey Current Account to GDP

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.

   
 
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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.

Trade Last Previous Highest Lowest Unit
Balance of Trade -7853.06 -7146.21 24.51 -10453.06 USD Million [+]
Exports 12923.24 13718.22 14747.50 7.10 USD Million [+]
Imports 20776.31 20864.44 23245.30 15.00 USD Million [+]
Current Account -3434.00 -4821.00 1132.00 -9460.00 USD Million [+]
Current Account to GDP -7.90 -6.00 2.00 -9.70 Percent [+]
External Debt 386786.00 388243.00 388243.00 43911.00 USD Million [+]
Terms of Trade 99.95 98.61 147.63 93.96 Index Points [+]
Foreign Direct Investment 12387.00 15904.00 22046.00 1800.00 USD Million [+]
Remittances 56.00 54.00 574.00 43.00 USD Million [+]
Tourist Arrivals 4335075.00 3900096.00 4945999.00 213998.00 [+]
Gold Reserves 483.54 519.73 519.73 116.10 Tonnes [+]





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