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

Turkish current account gap widened to USD 5121 million in July of 2017 from a USD 2435 million deficit a year earlier, slightly lower than market expectations of a USD 5270 million shortfall. The goods deficit jumped to USD 7267 million from USD 3782 million; the services account swung to a USD 4726 million gap from a USD 1903 million surplus and the primary income deficit rose sharply to USD 5347 million from USD 607 million. On the other hand, the secondary income surplus widened to USD 226 million from USD 51 million. Considering the first seven months of the year, Turkey’s current account deficit rose to USD 25958 million from USD 21485 million in the same period of 2016. Current Account in Turkey averaged -1360.62 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
2017-07-13 07:00 AM Current Account $-5.24B $-3.601B $-4.9B $ -4.6B
2017-08-11 07:00 AM Current Account $-3.76B $-5.36B $ -3.9B $ -4.2B
2017-09-15 07:00 AM Current Account $-5.12B $-3.763B $-5.271B $ -4.8B
2017-10-11 07:00 AM Current Account $-5.12B $ -3.6B
2017-11-13 07:00 AM Current Account $ -3.4B
2017-12-11 07:00 AM Current Account $ -3.3B


Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -8842.94 -6035.88 24.51 -10453.06 USD Million [+]
Exports 12640.60 13140.40 14680.11 7.10 USD Million [+]
Imports 21483.55 19176.28 23245.30 15.00 USD Million [+]
Current Account -5121.00 -3802.00 1132.00 -9407.00 USD Million [+]
Current Account to GDP -3.80 -3.70 2.00 -8.90 percent [+]
External Debt 412375.00 404182.00 421434.00 43911.00 USD Million [+]
Terms of Trade 107.07 107.11 147.63 93.96 Index Points [+]
Capital Flows 4210.00 2826.00 9186.00 -5630.00 USD Million [+]
Foreign Direct Investment 12300.00 16800.00 22046.00 1800.00 USD Million [+]
Remittances 34.00 44.00 574.00 34.00 USD Million [+]
Tourism Revenues 2135.70 1905.10 4947.00 79.00 USD Million [+]
Tourist Arrivals 5075961.00 3486940.00 5480502.00 213998.00 [+]
Gold Reserves 456.13 427.84 529.10 116.10 Tonnes [+]
Weapons Sales 277.00 290.00 290.00 3.00 USD Million [+]
Terrorism Index 6.74 5.74 6.74 4.62 [+]
Crude Oil Production 48.00 48.00 72.00 38.00 BBL/D/1K [+]

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



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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-5121.00 -3802.00 1132.00 -9407.00 1984 - 2017 USD Million Monthly




current account by Country

Last
Australia -9562.00 Jun/17
Brazil -3403.80 Jul/17
Canada -16319.00 Jun/17
China 529.00 Jun/17
Euro Area 32.50 Jul/17
France -4199.00 Jul/17
Germany 19400.00 Jul/17
India -14300.00 Jun/17
Indonesia -4962.50 Jun/17
Italy 8625.00 Jul/17
Japan 2320.00 Jul/17
Mexico -321.10 Jun/17
Netherlands 15416.30 Jun/17
Russia -300.00 Jun/17
South Korea 7261.30 Jul/17
Spain 1411.00 Jun/17
Switzerland 11118.00 Mar/17
Turkey -5121.00 Jul/17
United Kingdom -16895.00 Mar/17
United States -123137.00 Jun/17