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

Turkish current account gap widened to USD 3.83 billion in October 2017 from USD 1.61 billion a year earlier but below market expectations of a USD 4.10 billion shortfall. The goods deficit jumped to USD 5.60 billion from USD 2.80 billion in the previous year and the primary income deficit increased to USD 1.07 billion from USD 0.77 billion in September 2016. Meanwhile, the services surplus widened to USD 2.62 billion from USD 1.83 billion and the secondary income surplus edged up to USD 0.22 billion from USD 0.13 billion. Considering the first ten months of the year, the current account gap rose to USD 35.29 billion from USD 26.40 billion in the same period of 2016. Current Account in Turkey averaged -1372.68 USD Million from 1984 until 2017, reaching an all time high of 1132 USD Million in September of 1998 and a record low of -9407 USD Million in March of 2011.

Turkey Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2017-10-11 07:00 AM Current Account $-1.24B $-5.15B $-1.4B $ -2.6B
2017-11-13 07:00 AM Current Account $-4.53B $-0.98B $-4.13B $-1.7B
2017-12-11 07:00 AM Current Account $-3.827B $-4.527B $-4.10B $-3.8B
2018-01-11 07:00 AM Current Account $-3.827B
2018-02-14 07:00 AM Current Account
2018-03-13 07:00 AM Current Account


Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -7324.23 -8154.67 24.51 -10453.06 USD Million [+]
Exports 13942.40 11821.58 14680.11 7.10 USD Million [+]
Imports 21266.63 19976.25 23245.30 15.00 USD Million [+]
Current Account -3827.00 -4560.00 1132.00 -9407.00 USD Million [+]
Current Account to GDP -3.80 -3.70 2.00 -8.90 percent [+]
External Debt 432352.00 412375.00 432352.00 43911.00 USD Million [+]
Terms of Trade 106.63 106.72 147.63 93.96 Index Points [+]
Capital Flows 2852.00 -317.00 9186.00 -5630.00 USD Million [+]
Foreign Direct Investment 12300.00 16800.00 22046.00 1800.00 USD Million [+]
Remittances 32.00 28.00 574.00 28.00 USD Million [+]
Tourism Revenues 3653.00 4270.00 4947.00 79.00 USD Million [+]
Tourist Arrivals 2992947.00 4076630.00 5480502.00 213998.00 [+]
Gold Reserves 456.13 427.84 529.10 116.10 Tonnes [+]
Terrorism Index 7.52 6.74 7.52 4.62 [+]
Weapons Sales 277.00 290.00 290.00 3.00 USD Million [+]
Crude Oil Production 50.00 49.00 72.00 38.00 BBL/D/1K [+]

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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). 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-3827.00 -4560.00 1132.00 -9407.00 1984 - 2017 USD Million Monthly




current account by Country
Country Last
Australia -9125.00 Sep/17
Brazil -343.00 Oct/17
Canada -19346.00 Sep/17
China 371.00 Sep/17
Euro Area 41.81 Sep/17
France -2227.00 Oct/17
Germany 18100.00 Oct/17
India -14300.00 Jun/17
Indonesia -4336.80 Sep/17
Italy 4307.00 Sep/17
Japan 2176.40 Oct/17
Mexico -5527.90 Sep/17
Netherlands 15416.30 Jun/17
Russia 1200.00 Sep/17
South Korea 5720.00 Oct/17
Spain 2359.00 Sep/17
Switzerland 18748.00 Jun/17
Turkey -3827.00 Oct/17
United Kingdom -23182.00 Jun/17
United States -123137.00 Jun/17