Turkey current account to gdp

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Turkey current account to gdp: -4 (-21.57%)
Last Update: December 31, 2023

Turkey current account to gdp closed down -4 as of December 31, 2023 from -5.1 from the previous month and -8.9 from last year.


Turkey current account to gdp Analytics & Data




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Turkey current account to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Turkey current account to gdp

DateValues
2023-12-31 -4
2022-12-31 -5.1
2021-12-31 -0.9
2020-12-31 -5
2019-12-31 1.2
2018-12-31 -2.6
2017-12-31 -4.8
2016-12-31 -3.1
2015-12-31 -3.2
2014-12-31 -4.2
2013-12-31 -5.9
2012-12-31 -5.5
2011-12-31 -8.9
2010-12-31 -5.8
2009-12-31 -1.8
2008-12-31 -5.1
2007-12-31 -5.5
2006-12-31 -5.7
2005-12-31 -4.2
2004-12-31 -3.5
2003-12-31 -2.4
2002-12-31 -0.3
2001-12-31 1.9
2000-12-31 -3.7

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Turkey current account to gdp Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current account to gdptr.currentaccountgdp-4.0-5.1-22-55DownUP02023-12-31

Turkey current account to gdp Factors

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Turkey current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Turkey current account to gdp, 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 to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Turkey current account to gdp

Turkey's current account to GDP ratio is a key indicator of the country's economic health and its ability to generate enough income to meet its financial obligations. A high current account deficit relative to GDP can indicate that a country is relying heavily on foreign capital to finance its imports and investments, which can make it vulnerable to economic shocks and currency fluctuations. On the other hand, a low current account deficit can signal a strong domestic economy and sustainable growth. It is important for Turkey to closely monitor and manage its current account to GDP ratio to ensure long-term economic stability and prosperity.

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