Turkey Current Account to GDP - Forecast

Current Account to GDP in Turkey is expected to be -4.70 percent by the end of this quarter, 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 -2.80 percent in 2020, according to our econometric models.


Forecast Data Chart
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Turkey Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -5980 -3800 -3900 -600 -1000 -4000
Exports 14077 14100 15600 17200 15500 20400
Imports 20059 17900 19500 17800 16500 24400
Current Account -1750 -5600 -8500 -4500 -2000 -3200
Current Account to GDP -5.5 -4.7 -4.7 -3.6 -3.6 -2.8
External Debt 466657 485000 495000 505000 522000 591000
Terms of Trade 103 98.97 95.92 96.94 95.05 95.33
Capital Flows -1232 -2910 -2850 -3450 2980 4740
Foreign Direct Investment 10900 9500 9500 10000 10000 11500
Remittances 25 45 45 51 51 65
Tourism Revenues 2813 13850 8760 4750 8150 10600
Tourist Arrivals 5671801 4150000 1850000 2290000 4752000 2010000
Gold Reserves 236 229 225 222 220 217
Terrorism Index 7.52 7.52 7.52 7.52 7.52 7.52
Weapons Sales 244 286 282 297 311 298
Crude Oil Production 55 50 50 50 50 50