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Turkey Current Account Value and percent from GDP

Turkey Current Account Data

Indicator Data Period
Current Account to GDP -1.7 % 2021
Current Account -2966 USD Million | -2.966 B USD Sep/22


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Turkey - Historical Data (%)

What is ratio of Turkey Current Account to GDP?

  • The deficit of Current Account to GDP in Turkey increased to 1.7 % in 2021. The maximum surplus was 1.9 % and deficit was -8.9 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-1.7 2021 11.04.2022
-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


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 2966 USD Million (2.966 B USD) in September 2022. 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
-2966 Sep/22 11.11.2022
-3112 Aug/22 11.10.2022
-4010 Jul/22 12.09.2022
-3458 Jun/22 11.08.2022
-6468 May/22 08.07.2022
-2737 Apr/22 13.06.2022
-5554 Mar/22 16.05.2022
-5154 Feb/22 11.04.2022


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
Weapons Sales 2021 380 M USD 233
Balance of Trade Oct/22 -7.87 B USD -9.595
Capital Flows Sep/22 -0.357 B USD 0.817
Exports Oct/22 21.3 B USD 22.612
Foreign Exchange Reserves Nov/22 79.766 B USD 80.03
Imports Oct/22 29.202 B USD 32.204
Terms of Trade  Sep/22 71.24 in. pt. 72.99
Tourist Arrivals Oct/22 4.803 Million Persons 5.475

Current Account to GDP in other countries

Country Updated Actual Previous
Austria 2021 -0.5 % 1.9
Ireland 2021 13.9 % -2.7
Luxembourg 2021 4.8 % 4.1
Spain 2021 0.9 % 0.8
Iceland 2021 -2.7 % 0.8
Norway 2021 15 % 1.1
Belarus 2021 -2.7 % -0.4
Belgium 2021 -0.4 % 0.8
Bulgaria 2021 -0.4 % -0.1
Croatia 2021 3.1 % -0.1
Cyprus 2021 -7.2 % -10.1
Czech Republic 2021 -0.8 % 2
Denmark 2021 8.8 % 8
Estonia 2021 -1.6 % -0.3
Euro Area 2021 2.5 % 1.9
European Union 2021 2.5 % 2.3
Finland 2021 0.9 % 0.6
France 2021 0.4 % -1.8
Germany 2021 7.4 % 7.1
Greece 2021 -5.9 % -6.6
Hungary 2021 -2.9 % -1
Italy 2021 2.5 % 3.7
Latvia 2021 -2.9 % 2.9
Lithuania 2021 1.4 % 7.3
Macedonia 2021 -3.5 % -3.4
Malta 2021 -4.9 % -2.9
Moldova 2021 -11.6 % -7.7
Montenegro 2021 -9.3 % -26.1
Netherlands 2021 9 % 7.1
Poland 2021 -0.7 % 2.9
Portugal 2021 -1.1 % -1.1
Romania 2021 -7 % -5
Russia 2021 6.8 % 2.4
Serbia 2021 -4.4 % -4.3
Slovakia 2021 -2 % 0.4
Slovenia 2021 3.3 % 7.4
Sweden 2021 5.3 % 5.9
Switzerland 2021 9.3 % 2.8
Turkey 2021 -1.7 % -5
Ukraine 2021 -1.3 % 3.4
United Kingdom 2018 -3.9 % -4.1
Albania 2021 -7.7 % -8.7
Bosnia and Herzegovina 2021 -2.1 % -3.8
Kosovo 2021 -8.6 % -7