Türkiye Current Account to GDP

-0.8% +2.87 pt

Dec 2024 · Annual

Türkiye's current account deficit narrowed to 0.77% of GDP in 2024 from 3.63% in 2023. The reading remains well below the all-time surplus of 2.01% recorded in 1994 and far from the record deficit of 8.81% in 2011. Data are available from 1974.

Türkiye Current Account to GDP, 1990–2024
ActualPreviousHighestLowestDatesFrequency
-0.8%-3.6%2.0%Dec 1994-8.8%Dec 20111974 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
FDI Inflows$11.7B$10.7B$22.0B$10.0MDec 2024Annual
Exchange Rate47.77 per USD46.98 per USD47.77 per USD0.00 per USDAug 2026Monthly

About this series

Current Account to GDP in Türkiye averaged -2.5% from 1974 until 2024, reaching an all-time high of 2.0% in Dec 1994 and a record low of -8.8% in Dec 2011. The series is reported yearly with history from 1974.

The current account balance as a percentage of GDP measures the country's net trade in goods, services, primary and secondary income relative to the size of its economy. It is reported annually, with the series spanning from 1974 to 2024.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Türkiye Current Account to GDP FAQ