Turkey’s current account deficit widened to $7.25 billion in December 2025 from $4.72 billion in the same month of the previous year, surpassing market forecasts of $5.2 billion. This marked the largest deficit since April, as the goods account deficit widened to $7.44 billion from $6.23 billion in December 2024, while the primary income gap increased to $2.37 billion from $1.63 billion. At the same time, the secondary income account posted a $0.097 billion deficit, swinging from a $0.11 billion surplus last year. Meanwhile, the services account surplus narrowed to $2.65 billion from $3.03 billion a year earlier. Excluding gold and energy, the current account recorded a $0.96 billion deficit. For the full year of 2025, the country recorded a current account deficit of $25.21 billion, sharply higher than the $10.42 billion shortfall in 2024. source: Central Bank of the Republic of Turkey

Turkey recorded a Current Account deficit of 7253 USD Million in December of 2025. Current Account in Turkey averaged -1318.42 USD Million from 1984 until 2025, reaching an all time high of 5361.00 USD Million in August of 2025 and a record low of -9933.00 USD Million in January of 2023. This page provides - Turkey Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Current Account - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Turkey recorded a Current Account deficit of 7253 USD Million in December of 2025. Current Account in Turkey is expected to be -2400.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Current Account is projected to trend around -3100.00 USD Million in 2027 and -2550.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-13 07:00 AM
Current Account
Nov $-3.996B $0.487B $-3.3B $-3.0B
2026-02-13 07:00 AM
Current Account
Dec $-7.253B $-3.744B $-5.2B $-4.4B
2026-03-12 07:00 AM
Current Account
Jan $-7.253B $-4.15B


Related Last Previous Unit Reference
Balance of Trade -8352.00 -9301.22 USD Million Jan 2026
Capital Flows -6218.00 -7419.00 USD Million Dec 2025
Current Account -7253.00 -3744.00 USD Million Dec 2025
Current Account to GDP -0.80 -3.50 percent of GDP Dec 2024
Exports 20328.00 26372.99 USD Million Jan 2026
Foreign Direct Investment 718.00 342.00 USD Million Dec 2025
Imports 28861.00 35674.21 USD Million Jan 2026
Remittances 4.00 4.00 USD Million Dec 2025
Terms of Trade 92.81 91.18 points Nov 2025


Turkey Current Account
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).
Actual Previous Highest Lowest Dates Unit Frequency
-7253.00 -3744.00 5361.00 -9933.00 1984 - 2025 USD Million Monthly

News Stream
Turkish Current Account Gap Largest in 8 Months
Turkey’s current account deficit widened to $7.25 billion in December 2025 from $4.72 billion in the same month of the previous year, surpassing market forecasts of $5.2 billion. This marked the largest deficit since April, as the goods account deficit widened to $7.44 billion from $6.23 billion in December 2024, while the primary income gap increased to $2.37 billion from $1.63 billion. At the same time, the secondary income account posted a $0.097 billion deficit, swinging from a $0.11 billion surplus last year. Meanwhile, the services account surplus narrowed to $2.65 billion from $3.03 billion a year earlier. Excluding gold and energy, the current account recorded a $0.96 billion deficit. For the full year of 2025, the country recorded a current account deficit of $25.21 billion, sharply higher than the $10.42 billion shortfall in 2024.
2026-02-13
Turkey Current Account Deficit Widens in November
Turkey's current account deficit widened to $4.00 billion in November 2025 from $2.76 billion in the same month of the previous year. This marked the largest deficit since April, as the goods account deficit widened to $6.39 billion from $5.24 billion in November 2024, while the primary income gap increased to $1.56 billion from $1.44 billion. At the same time, the secondary income surplus edged down to $0.020 billion from $0.021 billion last year. Meanwhile, the services account surplus rose to $3.93 billion from $3.90 billion a year earlier. Excluding gold and energy, the current account surplus stood at $2.13 million. Over the first eleven months of the year, the country recorded a current account deficit of $18.51 billion, sharply higher than the $5.70 billion shortfall in the corresponding period a year earlier.
2026-01-13
Turkey Current Account Surplus Narrows in October
Turkey’s current account surplus narrowed significantly to $0.46 billion in October 2025 from $2.23 billion in the corresponding month last year, slightly exceeding market expectations of a $0.4 billion surplus. The goods account shortfall increased sharply to $5.96 billion from $3.50 billion a year earlier. At the same time, the secondary income deficit widened to $0.04 billion from $0.02 billion. On the other hand, the services account surplus rose to $7.59 billion from $6.90 billion in October 2024, while the primary income deficit narrowed to $1.13 billion from $1.16 billion. For the January-October period, the country recorded a current account deficit of $14.54 billion, notably higher than the $2.93 billion shortfall in the same month of the previous year.
2025-12-12