Turkey

Current account balance

The current account balance summarizes trade income and cross-border transfers. As a share of GDP, it helps compare external surpluses and deficits across economies.

Current account balance - Turkey

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The reading right now

As of January 2024, Current account balance for Turkey stood at -0.77%. That is up 2.9 percentage points from the prior year. Over the trailing five years, the series has averaged -2.07%, ranging from a low of -5% in January 2022 to a high of 1.94% in January 2019. The current reading sits 1.7 percentage points above its trailing ten-year mean of -2.43%.

Computed from the observation series on this page. Numbers update when the underlying provider revises the data.