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Turkey Current Account Value and percent from GDP

Turkey Current Account Data

Indicator Data Period
Current Account to GDP -5.4 % 2022
Current Account -619 USD Million | -0.619 B USD Aug/23


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 decreased to 5.4 % in 2022. The maximum surplus was 1.9 % and deficit was -8.9 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-5.4 2022 12.04.2023
-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


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 increased to 619 USD Million (0.619 B USD) in August 2023. 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
-619 Aug/23 11.10.2023
-5466 Jul/23 11.09.2023
674 Jun/23 11.08.2023
-7933 May/23 12.07.2023
-5404 Apr/23 12.06.2023
-4484 Mar/23 11.05.2023
-8783 Feb/23 10.04.2023
-9849 Jan/23 13.03.2023


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 2022 398 M USD 438
Balance of Trade Sep/23 -5 B USD -8.657
Capital Flows Aug/23 3.896 B USD -1.931
Exports Sep/23 22.67 B USD 21.615
Foreign Exchange Reserves Sep/23 81.58 B USD 83.81
Imports Sep/23 27.66 B USD 30.271
Terms of Trade  Jul/23 89.57 in. pt. 89.31
Tourist Arrivals Aug/23 6.661 Million Persons 7.148

Current Account to GDP in other countries

Country Updated Actual Previous
Austria 2022 0.7 % 0.4
Ireland 2022 8.8 % 14.2
Luxembourg 2022 5 % 4.6
Spain 2022 0.6 % 1
Iceland 2022 -1.5 % -2.4
Norway 2022 30.3 % 13.6
Belarus 2022 4.2 % 2.7
Belgium 2022 -3.5 % 0.4
Bulgaria 2022 -0.7 % -1.9
Croatia 2022 -3.3 % 3.1
Cyprus 2022 -9.1 % -6.8
Czech Republic 2022 -6.1 % -2.8
Denmark 2022 13.2 % 9
Estonia 2022 -2.2 % -1.8
Euro Area 2022 -1 % 2.3
European Union 2022 -0.6 % 2.6
Finland 2022 -3.9 % 0.5
France 2022 -2.1 % 0.4
Germany 2022 4.2 % 7.7
Greece 2022 -9.7 % -6.8
Hungary 2022 -8.2 % -3.9
Italy 2022 -1.3 % 3.1
Latvia 2022 -6.4 % -4.2
Lithuania 2022 -5.1 % 1.1
Macedonia 2022 -6.7 % -3.6
Malta 2022 -5.8 % 1.2
Moldova 2022 -13.1 % -11.6
Montenegro 2022 -13.3 % -9.2
Netherlands 2022 4.4 % 7.3
Poland 2022 -3 % -1.4
Portugal 2022 -1.3 % -0.8
Romania 2022 -9.3 % -7.2
Russia 2022 10.3 % 6.8
Serbia 2022 -6.9 % -4.3
Slovakia 2022 -8.3 % -2.5
Slovenia 2022 -0.4 % 3.8
Sweden 2022 4.3 % 6.5
Switzerland 2022 9.8 % 7.9
Turkey 2022 -5.4 % -0.9
Ukraine 2022 5 % -1.9
United Kingdom 2018 -3.9 % -4.1
Albania 2022 -6 % -7.6
Bosnia and Herzegovina 2022 -4.5 % -2.4
Kosovo 2022 -10.8 % -8.7