Current Account in Turkey is expected to be -2500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Turkey to stand at -2900.00 in 12 months time. In the long-term, the Turkey Current Account is projected to trend around -3200.00 USD Million in 2020, according to our econometric models.


Turkey Current Account
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Turkey Trade Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -1869 -3900 -600 -1000 -900 -4000
Exports 14456 15600 17200 15500 17600 20400
Imports 16326 19500 17800 16500 18500 24400
Current Account 1830 -2500 -1500 -2000 -2900 -3200
Current Account to GDP -5.5 -5.5 -1.8 -1.8 -1.8 -2.8
External Debt 456961 495000 505000 522000 544000 591000
Terms of Trade 102 95.92 96.94 95.05 95.1 95.33
Capital Flows -1414 -2850 -3450 2980 3240 4740
Foreign Direct Investment 10900 9500 10000 10000 10000 11500
Remittances 32 45 51 51 51 65
Tourism Revenues 3686 8760 4750 8150 14550 10600
Tourist Arrivals 4792818 1850000 2290000 4752000 4264000 2010000
Gold Reserves 246 264 273 277 279 281
Terrorism Index 7.52 7.52 7.52 7.52 7.52 7.52
Weapons Sales 244 282 297 311 325 298
Crude Oil Production 57 50 50 50 50 50