Turkey recorded a Current Account deficit of 0.80 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Turkey averaged -2.26 percent of GDP from 1980 until 2024, reaching an all time high of 2.00 percent of GDP in 2019 and a record low of -8.90 percent of GDP in 2011. source: Central Bank of the Republic of Turkey
Current Account to GDP in Turkey is expected to reach -1.30 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Current Account to GDP is projected to trend around -1.20 percent of GDP in 2027 and -1.40 percent of GDP in 2028, according to our econometric models.