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 -7307.04 -4916.09 24.51 -10453.06 USD Million [+]
Exports 13616.43 12870.83 14680.11 7.10 USD Million [+]
Imports 20923.47 17786.91 23245.30 15.00 USD Million [+]
Current Account -5242.00 -3601.00 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 105.61 105.48 147.63 93.96 Index Points [+]
Capital Flows 3582.00 7610.00 9186.00 -5630.00 USD Million [+]
Foreign Direct Investment 12300.00 16800.00 22046.00 1800.00 USD Million [+]
Remittances 35.00 29.00 574.00 29.00 USD Million [+]
Tourism Revenues 1234.00 992.00 4947.00 79.00 USD Million [+]
Tourist Arrivals 2889873.00 2070322.00 5480502.00 213998.00 [+]
Gold Reserves 427.84 377.05 529.10 116.10 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 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 Notes

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 July 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

Last
Switzerland 11.50 Dec/15
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