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. source: Central Bank of the Republic of Turkey

Turkey recorded a Current Account deficit of 4194 USD Million in June of 2026. Current Account in Turkey averaged -1389.05 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 August of 2026.

Turkey recorded a Current Account deficit of 4194 USD Million in June of 2026. Current Account in Turkey is expected to be 1300.00 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
2026-07-13 07:00 AM
Current Account
May $-1.459B $-5.616B $-0.96B $-1.3B
2026-08-13 07:00 AM
Current Account
Jun $-4.194B $-1.254B $-5B $-4.3B
2026-09-11 07:00 AM
Current Account
Jul $-4.194B


Related Last Previous Unit Reference
Balance of Trade -7368.00 -10369.65 USD Million Jul 2026
Capital Flows -4181.00 -397.00 USD Million Jun 2026
Current Account -4194.00 -1254.00 USD Million Jun 2026
Current Account to GDP -1.00 -3.60 percent of GDP Dec 2024
Exports 25621.00 24915.10 USD Million Jul 2026
Foreign Direct Investment 1247.00 239.00 USD Million Jun 2026
Imports 32989.00 35284.74 USD Million Jul 2026
Remittances 5.00 4.00 USD Million Jun 2026
Terms of Trade 89.58 90.14 points May 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
-4194.00 -1254.00 5098.00 -10204.00 1984 - 2026 USD Million Monthly

News Stream
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
Turkey Current Account Deficit Widens in May
Turkey's current account deficit widened to $1.46 billion in May 2026 from $1.11 billion in the same month last year, exceeding market expectations of a $0.96 billion deficit. The primary income gap expanded to $2.17 billion from $1.84 billion in May 2025, while the secondary income shortfall also increased to $0.16 billion from $0.03 billion. In contrast, the goods account deficit narrowed to $4.34 billion from $4.78 billion, while the services account surplus eased to $5.21 billion from $5.55 billion. Excluding gold and energy, the current account posted a $3.63 billion surplus in May 2026, edging up from $3.62 billion in the same month last year. Over the first five months of the year, the country's cumulative current account deficit reached $30.68 billion, compared with $23.73 billion in the corresponding period of 2025.
2026-07-13
Turkey Current Account Gap Smallest in 5 Months
Turkey’s current account posted a deficit of $5.70 billion in April 2026, the smallest shortfall since November 2025, narrowing from a deficit of $8.45 billion in the same month a year earlier. The goods account deficit shrank to $6.82 billion from $9.89 billion in April 2025, while the primary income gap stood at $2.40 billion, compared with $2.38 billion a year earlier. In contrast, the secondary income deficit widened to $0.15 billion from $0.10 billion. Meanwhile, the services account surplus eased to $3.67 billion from $3.94 billion. Excluding gold and energy, the current account registered a surplus of $0.32 billion. In the first four months of the year, the country recorded a current account deficit of $29.37 billion, up from $22.59 billion in the corresponding period of 2025.
2026-06-12