Turkey Current Account to GDP  1980-2017 | Data | Chart | Calendar

Turkey recorded a Current Account deficit of 3.80 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Turkey averaged -2.43 percent from 1980 until 2016, reaching an all time high of 2 percent in 2001 and a record low of -8.90 percent in 2011.

Turkey Current Account to GDP
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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 [+]

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



Turkey Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Turkey Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-3.80 -3.70 2.00 -8.90 1980 - 2016 percent Yearly




current account to GDP by Country
Country Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16