Turkey Current Account Surplus Widens Sharply

2026-11-13 07:12 By Mariene Camarillo 1 min. read

Turkey’s current account surplus widened sharply to $2.72 billion in September 2026 from $0.59 billion in the same month a year earlier.

The goods deficit narrowed to $3.64 billion from $5.35 billion, as exports rose 16.2% year-on-year to $25.74 billion, outpacing the 6.9% increase in imports to $29.38 billion.

Moreover, the services surplus increased to $9.01 billion from $7.74 billion a year earlier.

In contrast, the primary income deficit widened to $2.48 billion from $1.89 billion, while the secondary income account shifted to a deficit of $0.18 billion from a surplus of $0.09 billion.

For the January–September period, Turkey’s current account deficit widened to $27.96 billion from $19.10 billion in the corresponding period of the previous year.



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Turkey Current Account Surplus Widens Sharply
Turkey’s current account surplus widened sharply to $2.72 billion in September 2026 from $0.59 billion in the same month a year earlier. The goods deficit narrowed to $3.64 billion from $5.35 billion, as exports rose 16.2% year-on-year to $25.74 billion, outpacing the 6.9% increase in imports to $29.38 billion. Moreover, the services surplus increased to $9.01 billion from $7.74 billion a year earlier. In contrast, the primary income deficit widened to $2.48 billion from $1.89 billion, while the secondary income account shifted to a deficit of $0.18 billion from a surplus of $0.09 billion. For the January–September period, Turkey’s current account deficit widened to $27.96 billion from $19.10 billion in the corresponding period of the previous year.
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Turkey Current Account Surplus Narrows
Turkey’s current account surplus narrowed to $4.05 billion in August 2026 from $4.62 billion a year earlier. The goods trade deficit widened to $3.75 billion from $2.80 billion, as imports ($27.07 billion) exceeded exports ($23.33 billion). Meanwhile, the services surplus increased to $9.71 billion from $9.34 billion. The primary income deficit edged down to $1.89 billion from $1.90 billion, while the secondary income deficit slightly fell to $18 million from $21 million. In the first eight months of 2026, Turkey’s current account deficit widened to $31.50 billion from $19.67 billion in the corresponding period a year earlier.
2026-10-13
Turkey Current Account Surplus Narrows in July
Turkey’s current account surplus narrowed sharply to $0.04 billion in July 2026 from $1.76 billion in the same month of the previous year, missing market expectations of a $0.65 billion surplus. The goods account shortfall increased to $5.58 billion from $4.56 billion a year earlier, while the primary income deficit widened to $2.56 billion from $1.54 billion. On the other hand, the secondary income gap decreased to $0.06 billion from $0.15 billion in July 2025, while the services account surplus rose to $8.23 billion from $8.02 billion. For the first seven months of the year, the country recorded a current account deficit of $34.83 billion, notably higher than the $24.25 billion shortfall in the corresponding period last year.
2026-09-11