Turkey current account

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Turkey current account: 1880 (-37.08%)
Last Update: October 31, 2024

Turkey current account closed down 1880 as of October 31, 2024 from 2988 from the previous month and -337 from last year.


Turkey current account Analytics & Data




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Turkey current account

Date Values
2024-10-31 1880
2024-09-30 2988
2024-08-31 4324
2024-07-31 566
2024-06-30 407
2024-05-31 -1017
2024-04-30 -5084
2024-03-31 -4472
2024-02-29 -3607
2024-01-31 -2721
2023-12-31 -2294
2023-11-30 -3025
2023-10-31 -337
2023-09-30 2441
2023-08-31 222
2023-07-31 -5347
2023-06-30 765
2023-05-31 -7779
2023-04-30 -5215
2023-03-31 -4776
2023-02-28 -9026
2023-01-31 -10495
2022-12-31 -6016
2022-11-30 -4043

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Turkey current account Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account tr.currentaccount 1880.0 2988 -37 -658 UP UP 3 2024-10-31

Turkey current account Quantitative Analysis, Charts & Factors

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Turkey current account Historical Data

The MacroVar database offers free access to historical data for the Turkey current account, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Turkey current account data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Turkey current account

The current account of Turkey refers to the country's balance of trade and payments with the rest of the world. It includes the trade balance (exports minus imports), services balance (such as tourism and transportation), income balance (earnings from investments abroad), and current transfers. A positive current account balance indicates that a country is exporting more goods and services than it is importing, leading to a surplus. On the other hand, a negative current account balance, or deficit, means that a country is importing more than it is exporting. Turkey has experienced fluctuations in its current account balance over the years, with deficits being a common occurrence. This can have implications for the country's economy and exchange rate, as well as its ability to attract foreign investment.

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