Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0
Latest: Switzerland 14:30 SNB Chairman Thomas Jordan speaks Forecast: 0
Latest: Euro Area 10:00 EU Leaders Summit Forecast: 0
Latest: Kenya 14:00 GDP (QoQ) Forecast: 0 % Actual: -1.1%

Turkey Current Account Value and percent from GDP

Turkey Current Account Data

Indicator Data Period
Current Account to GDP -5.1 % 2020
Current Account -3081 USD Million | -3.081 B USD May/21


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Turkey - Historical Data (%)

What is ratio of Turkey Current Account to GDP?

  • The surplus of Current Account to GDP in Turkey decreased to 5.1 % in 2020. The maximum surplus was 1.9 % and deficit was -8.9 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-5.1 2020 12.04.2021
1.2 2019 13.04.2020
-3.5 2018 10.04.2019
-5.5 2017 19.06.2018
-3.8 2016 11.08.2017
-3.7 2015 31.12.2015
-4.7 2014 31.12.2014
-6.7 2013 31.12.2013


Historical Chart by presidents (%)

Current Account to GDP in Turkey by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Tayyip Erdogan 28.08.2014 - -4.7000 -5.5000 -3.7000 -5.5000 17.02%
Abdullah Gul 28.08.2007 - 28.08.2014 -5.5000 -6.7000 -1.8000 -8.9000 21.82%
Necdet Sezer 16.05.2000 - 28.08.2007 -3.7000 -5.7000 2.0000 -5.7000 54.05%
Suleyman Demirel 16.05.1993 - 16.05.2000 -3.2000 -0.4000 0.8000 -3.2000 -87.50%
Turgut Ozal 09.11.1989 - 17.04.1993 0.7000 -0.5000 0.7000 -1.3000 -171.43%


Latest data on Current Account (USD Million)

Current Account
                     Turkey - Historical Data (USD Million)

What is Turkey Current Account Deficit?

  • The deficit of Current Account in Turkey decreased to 3081 USD Million (3.081 B USD) in May 2021. The maximum value was 3779 USD Million and minimum was -9407 USD Million.
  • Data published Monthly by Central Bank.

Historical Data (USD Million) by years

Data
Period
Date
-3081 May/21 09.07.2021
-1712 Apr/21 14.06.2021
-3329 Mar/21 11.05.2021
-2610 Feb/21 12.04.2021
-1867 Jan/21 11.03.2021
-3210 Dec/20 12.02.2021
-4063 Nov/20 11.01.2021
-273 Oct/20 11.12.2020


Historical Chart by presidents (USD Million)

Current Account in Turkey by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Tayyip Erdogan 28.08.2014 - -1950.0000 -5426.0000 284.0000 -7700.0000 178.26%
Abdullah Gul 28.08.2007 - 28.08.2014 -1478.0000 -2168.0000 683.0000 -9407.0000 46.68%
Necdet Sezer 16.05.2000 - 28.08.2007 -1048.0000 -2680.0000 907.0000 -4035.0000 155.73%
Suleyman Demirel 16.05.1993 - 16.05.2000 -490.0000 -897.0000 1132.0000 -1453.0000 83.06%
Turgut Ozal 09.11.1989 - 17.04.1993 -164.0000 -481.0000 297.0000 -542.0000 193.29%

Other trade indicators in Turkey

Index Updated Actual Previous
Current Account to GDP 2020 -5.1 % 0.9
Weapons Sales 2020 141 M USD 240
Balance of Trade May/21 -4.129 B USD -3.075
Capital Flows Apr/21 -1.516 B USD -1.759
Exports May/21 16.498 B USD 18.768
Imports May/21 20.627 B USD 21.843
Terms of Trade  May/21 91.63 in. pt. 91.25
Tourist Arrivals May/21 0.936 Million Persons 0.791

Current Account to GDP in other countries

Country Updated Actual Previous
Austria 2020 2.5 % 2.8
Ireland 2020 4.6 % -11.3
Luxembourg 2019 4.5 % 4.8
Spain 2020 0.7 % 2.1
Iceland 2020 1 % 6.4
Norway 2020 1.9 % 2.8
Belarus 2020 -0.4 % -1.9
Belgium 2019 -1.2 % -1.4
Bulgaria 2019 4 % 4.6
Croatia 2019 2.5 % 1.9
Cyprus 2019 -6.7 % -4.4
Czech Republic 2019 -0.4 % 0.4
Denmark 2020 7.8 % 8.9
Estonia 2019 2.2 % 1.7
Euro Area 2020 3 % 3.1
European Union 2020 3 % 3
Finland 2020 0.3 % -0.3
France 2020 -1.9 % -0.7
Germany 2020 7 % 7.5
Greece 2020 -6.7 % -1.5
Hungary 2019 -0.8 % 0.4
Italy 2020 3.6 % 3.2
Latvia 2020 3 % -0.6
Lithuania 2020 8.3 % 3.3
Macedonia 2019 -3.3 % -0.1
Malta 2020 -4 % 5.8
Moldova 2019 -9.7 % -10.6
Montenegro 2019 -15 % -17
Netherlands 2020 7.8 % 9.9
Poland 2020 3.6 % 0.5
Portugal 2020 -1.2 % 0.4
Romania 2019 -4.6 % -4.5
Russia 2019 3.9 % 6.8
Serbia 2019 -6.9 % -4.8
Slovakia 2019 -2.9 % -2.6
Slovenia 2019 6.6 % 7
Sweden 2020 5.2 % 5.1
Switzerland 2020 3.8 % 6.7
Turkey 2020 -5.1 % 0.9
Ukraine 2020 -4 % -2.7
United Kingdom 2018 -3.9 % -4.1
Albania 2019 -7.6 % -6.7
Bosnia and Herzegovina 2020 -3.1 % -3.1
Kosovo 2019 -5.8 % -7.6