Turkey’s current account surplus narrowed to $4.05 billion in August 2026 from $4.62 billion a year earlier. The goods trade deficit widened to $3.75 billion from $2.80 billion, as imports ($27.07 billion) exceeded exports ($23.33 billion). Meanwhile, the services surplus increased to $9.71 billion from $9.34 billion. The primary income deficit edged down to $1.89 billion from $1.90 billion, while the secondary income deficit slightly fell to $18 million from $21 million. In the first eight months of 2026, Turkey’s current account deficit widened to $31.50 billion from $19.67 billion in the corresponding period a year earlier. source: Central Bank of the Republic of Turkey

Turkey recorded a Current Account surplus of 4053 USD Million in August of 2026. Current Account in Turkey averaged -1378.63 USD Million from 1984 until 2026, reaching an all time high of 5098.00 USD Million in August of 2019 and a record low of -10204.00 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 October of 2026.

Turkey recorded a Current Account surplus of 4053 USD Million in August of 2026. Current Account in Turkey is expected to be -7500.00 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
2026-09-11 07:00 AM
Current Account
Jul $0.036B $-4.333B $0.65B $0.5B
2026-10-13 07:00 AM
Current Account
Aug $4.053B $0.036B $0.4B
2026-11-13 07:00 AM
Current Account
Sep $4.053B $1.30B


Related Last Previous Unit Reference
Balance of Trade -5230.00 -5239.26 USD Million Sep 2026
Capital Flows 8463.00 212.00 USD Million Aug 2026
Current Account 4053.00 -89.00 USD Million Aug 2026
Current Account to GDP -1.90 -1.00 percent of GDP Dec 2025
Exports 25980.00 23466.66 USD Million Sep 2026
Foreign Direct Investment 596.00 909.00 USD Million Aug 2026
Imports 31210.00 28705.92 USD Million Sep 2026
Remittances 4.00 5.00 USD Million Aug 2026
Terms of Trade 91.30 90.07 points Jul 2026


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
4053.00 -89.00 5098.00 -10204.00 1984 - 2026 USD Million Monthly

News Stream
Turkey Current Account Surplus Narrows
Turkey’s current account surplus narrowed to $4.05 billion in August 2026 from $4.62 billion a year earlier. The goods trade deficit widened to $3.75 billion from $2.80 billion, as imports ($27.07 billion) exceeded exports ($23.33 billion). Meanwhile, the services surplus increased to $9.71 billion from $9.34 billion. The primary income deficit edged down to $1.89 billion from $1.90 billion, while the secondary income deficit slightly fell to $18 million from $21 million. In the first eight months of 2026, Turkey’s current account deficit widened to $31.50 billion from $19.67 billion in the corresponding period a year earlier.
2026-10-13
Turkey Current Account Surplus Narrows in July
Turkey’s current account surplus narrowed sharply to $0.04 billion in July 2026 from $1.76 billion in the same month of the previous year, missing market expectations of a $0.65 billion surplus. The goods account shortfall increased to $5.58 billion from $4.56 billion a year earlier, while the primary income deficit widened to $2.56 billion from $1.54 billion. On the other hand, the secondary income gap decreased to $0.06 billion from $0.15 billion in July 2025, while the services account surplus rose to $8.23 billion from $8.02 billion. For the first seven months of the year, the country recorded a current account deficit of $34.83 billion, notably higher than the $24.25 billion shortfall in the corresponding period last year.
2026-09-11
Turkey Current Account Deficit Widens in June
Turkey's current account deficit widened to $4.19 billion in June 2026 from $2.27 billion in the same month a year earlier, but came in below the expected $5.0 billion shortfall. The goods deficit increased to $8.53 billion from $6.52 billion, while the services surplus rose to $6.85 billion from $6.09 billion. The primary income deficit widened to $1.79 billion from $1.76 billion, while the secondary income deficit increased to $0.73 billion from $0.08 billion. Excluding gold and energy, the current account recorded a $1.46 billion surplus. In the first half of the year, the cumulative current account deficit reached $34.55 billion. On an annualized basis, the current account deficit reached $38.9 billion in June, with the goods deficit at $76.5 billion and the services surplus at $63.7 billion.
2026-08-13