Turkey recorded a current account deficit of $2.01 billion in June 2025, shifting from a surplus of $0.83 billion in the same month of the previous year. This marked the eighth consecutive month of shortfall, as the goods account deficit increased to $6.48 billion in June 2025 from $4.14 billion a year earlier, while the services account surplus decreased to $5.99 billion from $6.07 billion. Additionally, the primary income deficit widened to $1.45 billion from $1.1 billion in June 2024, while the secondary income registered a shortfall of $0.065 billion, reversing a surplus of $0.003 billion recorded a year earlier. source: Central Bank of the Republic of Turkey

Turkey recorded a Current Account deficit of 2006 USD Million in June of 2025. Current Account in Turkey averaged -1326.32 USD Million from 1984 until 2025, reaching an all time high of 5096.00 USD Million in August of 2019 and a record low of -9764.00 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 September of 2025.

Turkey recorded a Current Account deficit of 2006 USD Million in June of 2025. Current Account in Turkey is expected to be -3900.00 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 -2000.00 USD Million in 2026 and -850.00 USD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-11 07:00 AM
Current Account
May $-0.684B $-7.864B $-0.8B $-1.0B
2025-08-12 07:00 AM
Current Account
Jun $-2.01B $-0.68B $-1.4B $-2.6B
2025-09-12 07:00 AM
Current Account
Jul $-2.01B $0.4B


Related Last Previous Unit Reference
Balance of Trade -4168.47 -6444.39 USD Million Aug 2025
Capital Flows -1390.00 404.00 USD Million Jun 2025
Current Account -2006.00 -680.00 USD Million Jun 2025
Current Account to GDP -0.80 -3.50 percent of GDP Dec 2024
Exports 21794.82 24938.27 USD Million Aug 2025
Foreign Direct Investment 1243.00 425.00 USD Million Jun 2025
Imports 25963.29 31382.66 USD Million Aug 2025
Remittances 6.00 6.00 USD Million Jun 2025
Terms of Trade 89.80 89.15 points Jun 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
-2006.00 -680.00 5096.00 -9764.00 1984 - 2025 USD Million Monthly

News Stream
Turkey Current Account Shifts to Deficit
Turkey recorded a current account deficit of $2.01 billion in June 2025, shifting from a surplus of $0.83 billion in the same month of the previous year. This marked the eighth consecutive month of shortfall, as the goods account deficit increased to $6.48 billion in June 2025 from $4.14 billion a year earlier, while the services account surplus decreased to $5.99 billion from $6.07 billion. Additionally, the primary income deficit widened to $1.45 billion from $1.1 billion in June 2024, while the secondary income registered a shortfall of $0.065 billion, reversing a surplus of $0.003 billion recorded a year earlier.
2025-08-12
Turkey Current Account Deficit Widens in May
Turkey's current account deficit widened to $0.68 billion in May 2025 from $0.59 billion in the same month of the previous year. This marked the seventh consecutive month of deficit, but the smallest in the sequence, as the services account surplus increased to $5.64 billion in May 2025 from $5.42 billion a year earlier. At the same time, the primary income shortfall narrowed to $1.48 billion from $1.67 billion in May 2024, while the secondary income deficit went down to $0.03 billion from $0.15 billion. Meanwhile, the goods account deficit widened to $4.8 billion in May 2025 from $4.19 billion in the corresponding month of the previous year.
2025-07-11
Turkey Current Account Deficit Widens in April
Turkey’s current account deficit expanded to $7.86 billion in April 2025 from $4.83 billion in the same month a year ago. The goods account deficit widened to $9.89 billion from $7.70 billion in April 2024, while the primary income gap rose to $1.79 billion from $1.38 billion. At the same time, the secondary income balance swung to a $0.09 billion deficit, compared to a $0.52 billion surplus. Meanwhile, the services account surplus increased to $3.90 billion from $3.72 billion last year. Excluding gold and energy, the current account shortfall stood at $1.94 billion. For the first four months of the year, the country’s trade gap widened to $20.30 billion from $14.56 billion in the corresponding period a year earlier.
2025-06-16