Turkey Current Account  1984-2017 | Data | Chart | Calendar | Forecast

Turkish current account deficit narrowed to USD 3057 million in March of 2017 compared to a USD 3723 million gap a year earlier and lower than market expectations of a USD 3160 million shortfall. The goods deficit decreased (USD -2844 million from USD -3637 million) and the surpluses widened for services (USD 672 million from USD 631 million) and secondary income (USD 158 million from USD 34 million). In contrast, the primary income gap increased (USD -1043 million from USD -751 million). Considering the first quarter of the year, Turkish current account gap went up to USD 8296 million from USD 7888 million a year earlier. Current Account in Turkey averaged -1341.91 USD Million from 1984 until 2017, reaching an all time high of 1132 USD Million in September of 1998 and a record low of -9460 USD Million in March of 2011.

Turkey Current Account
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-13 07:00 AM Jan $-2.76B $-4.27B $ -2.78B $ -2.4B
2017-04-11 07:00 AM Feb $-2.527B $-2.76B $-2.5B $ -3B
2017-05-11 07:00 AM Mar $-3.057B $-2.543B $-3.16B $ -3.4B
2017-06-12 07:00 AM Apr $-3.057B $ -2.8B
2017-07-13 07:00 AM May $ -2.8B
2017-08-11 07:00 AM Jun $ -2.9B




Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -4492.00 -3690.00 24.51 -10453.06 USD Million [+]
Exports 14495.78 12127.00 14680.11 7.10 USD Million [+]
Imports 18988.16 15820.00 23245.30 15.00 USD Million [+]
Current Account -3057.00 -2543.00 1132.00 -9460.00 USD Million [+]
Current Account to GDP -3.80 -3.70 2.00 -8.90 percent [+]
External Debt 404182.00 416732.00 421434.00 43911.00 USD Million [+]
Terms of Trade 105.79 106.67 147.63 93.96 Index Points [+]
Capital Flows 4204.00 2611.00 9188.00 -5630.00 USD Million [+]
Foreign Direct Investment 12300.00 16800.00 22046.00 1800.00 USD Million [+]
Remittances 36.00 37.00 574.00 36.00 USD Million [+]
Tourism Revenues 1234.00 992.00 4947.00 79.00 USD Million [+]
Tourist Arrivals 1587007.00 1159833.00 5480502.00 213998.00 [+]
Gold Reserves 377.05 442.13 529.10 116.10 Tonnes [+]
Weapons Sales 291.00 179.00 291.00 3.00 USD Million [+]
Terrorism Index 6.74 5.74 6.74 4.62 [+]
Crude Oil Production 48.00 49.00 72.00 38.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Turkey Current Account Notes

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). This page provides - Turkey Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Current Account - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-3057.00 -2543.00 1132.00 -9460.00 1984 - 2017 USD Million Monthly



current account by Country

Last
Australia -3853.00 Dec/16
Brazil 1152.80 Apr/17
Canada -10726.00 Dec/16
China 190.00 Mar/17
Euro Area 44.80 Mar/17
France -3032.00 Mar/17
Germany 30200.00 Mar/17
India -7900.00 Dec/16
Indonesia -2397.00 Mar/17
Italy 3121.40 Mar/17
Japan 2907.70 Mar/17
Mexico -6859.20 Mar/17
Netherlands 17897.70 Dec/16
Russia 22800.00 Mar/17
South Korea 5930.00 Mar/17
Spain -223.00 Feb/17
Switzerland 22022.94 Dec/16
Turkey -3057.00 Mar/17
United Kingdom -12088.00 Dec/16
United States -112382.00 Dec/16