Turkey's current account deficit widened to $7.50 billion in February 2026 from $5.22 billion in the same month last year, in line with market forecasts. This marked the largest deficit since April 2025, as the goods account deficit rose to $7.48 billion from $5.48 billion in February 2025, while the services account surplus narrowed to $2.01 billion from $2.27 billion. Additionally, the secondary income account recorded a deficit of $0.18 billion, swinging from a $0.01 billion surplus last year. Meanwhile, the primary income gap decreased to $1.86 billion from $2.02 billion. Excluding gold and energy, the current account posted a $1.46 billion shortfall in February 2026, shifting from a $1.35 billion surplus in the same month last year. Over the first two months of the year, the country recorded a current account deficit of $14.54 billion, higher than $9.25 billion in the corresponding period a year earlier. source: Central Bank of the Republic of Turkey

Turkey recorded a Current Account deficit of 7501 USD Million in February of 2026. Current Account in Turkey averaged -1360.13 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 April of 2026.

Turkey recorded a Current Account deficit of 7501 USD Million in February of 2026. Current Account in Turkey is expected to be 1850.00 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
2026-03-12 07:00 AM
Current Account
Jan $-6.807B $-7.395B $-4.15B
2026-04-13 07:00 AM
Current Account
Feb $-7.501B $-7.042B $-7.5B $-7.3B
2026-05-13 07:00 AM
Current Account
Mar $-7.501B $-2.40B


Related Last Previous Unit Reference
Balance of Trade -11263.00 -9031.34 USD Million Mar 2026
Capital Flows -14040.00 -8276.00 USD Million Feb 2026
Current Account -7501.00 -7042.00 USD Million Feb 2026
Current Account to GDP -1.00 -3.50 percent of GDP Dec 2024
Exports 21918.00 21048.68 USD Million Mar 2026
Foreign Direct Investment 370.00 390.00 USD Million Feb 2026
Imports 33181.00 30080.02 USD Million Mar 2026
Remittances 7.00 6.00 USD Million Feb 2026
Terms of Trade 95.25 91.58 points Jan 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
-7501.00 -7042.00 5098.00 -10204.00 1984 - 2026 USD Million Monthly

News Stream
Turkey Current Account Gap Largest in 10 Months
Turkey's current account deficit widened to $7.50 billion in February 2026 from $5.22 billion in the same month last year, in line with market forecasts. This marked the largest deficit since April 2025, as the goods account deficit rose to $7.48 billion from $5.48 billion in February 2025, while the services account surplus narrowed to $2.01 billion from $2.27 billion. Additionally, the secondary income account recorded a deficit of $0.18 billion, swinging from a $0.01 billion surplus last year. Meanwhile, the primary income gap decreased to $1.86 billion from $2.02 billion. Excluding gold and energy, the current account posted a $1.46 billion shortfall in February 2026, shifting from a $1.35 billion surplus in the same month last year. Over the first two months of the year, the country recorded a current account deficit of $14.54 billion, higher than $9.25 billion in the corresponding period a year earlier.
2026-04-13
Turkey Current Account Deficit Widens in January
Turkey's current account deficit widened to $6.81 billion in January 2026 from $4.03 billion in the same month of last year. The goods account deficit rose to $6.97 billion from $5.55 billion in January 2025, while the services account surplus narrowed to $2.64 billion from $3.04 billion. At the same time, the primary income gap increased to $2.17 billion from $1.36 billion, and the secondary income surplus grew to $0.31 billion from $0.15 billion last year. Excluding gold and energy, the current account deficit stood at $1.23 billion in January 2026, shifting from a $2.16 billion surplus in the same month of the previous year.
2026-03-12
Turkish Current Account Gap Largest in 8 Months
Turkey’s current account deficit widened to $7.25 billion in December 2025 from $4.72 billion in the same month of the previous year, surpassing market forecasts of $5.2 billion. This marked the largest deficit since April, as the goods account deficit widened to $7.44 billion from $6.23 billion in December 2024, while the primary income gap increased to $2.37 billion from $1.63 billion. At the same time, the secondary income account posted a $0.097 billion deficit, swinging from a $0.11 billion surplus last year. Meanwhile, the services account surplus narrowed to $2.65 billion from $3.03 billion a year earlier. Excluding gold and energy, the current account recorded a $0.96 billion deficit. For the full year of 2025, the country recorded a current account deficit of $25.21 billion, sharply higher than the $10.42 billion shortfall in 2024.
2026-02-13