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 (%)
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)
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 |
