Turkey - Balance of Goods




Turkey: Balance of Goods

Mnemonic TRBG.ITUR
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Monthly 187.09 %
Data Dec 2019 -3,402
Nov 2019 -1,185

Series Information

Source Central Bank of the Republic of Turkey (CBT)
Release Balance of Payments
Frequency Monthly
Start Date 12/31/1991
End Date 12/31/2019

Turkey: Trade

Reference Last Previous Units Frequency
Exports of Goods and Services 2020 Q1 316,203,786 355,269,623 Ths. TRY, NSA Quarterly
Imports of Goods and Services 2020 Q1 360,405,748 345,861,239 Ths. TRY, NSA Quarterly
Net Exports 2020 Q1 -44,201,961 9,408,383 Ths. TRY, NSA Quarterly
Real Exports of Goods and Services 2020 Q1 94,683,615 112,191,802 Ths. Ch. 2009 TRY, NSA Quarterly
Real Imports of Goods and Services 2020 Q1 86,978,234 115,394,842 Ths. Ch. 2009 TRY, NSA Quarterly
Real Net Exports 2020 Q1 7,705,381 -3,203,039 Ths. Ch. 2009 TRY, NSA Quarterly
Balance of Goods Dec 2019 -3,402 -1,185 Mil. USD, NSA Monthly
Current Account Balance Dec 2019 -2,798 -365 Mil. USD, NSA Monthly
Exports of Goods Dec 2019 15,582 16,070 Mil. USD, NSA Monthly
Imports of Goods Dec 2019 18,984 17,255 Mil. USD, NSA Monthly

Release Information

Description

Balance of payments and international investment position statistics are compiled in accordance with the most recent "Balance of Payments and International Investment Position Manual (BPM)." It is prepared by the International Monetary Fund (IMF) to provide guidelines to countries and ensure consistent and comparable statistics.

Balance of payments is a statistical statement that records all economic transactions of residents in an economy for a specific time period. Economic transactions include:

  • goods, services and income
  • transactions of financial assets and liabilities
  • transfers between residents and nonresidents for the provision of real and financial resources
Two basic concepts in the definition:
  • Economic territory: corresponds to the geographic territory administered by a government.
  • Residence: refers to an individual who regularly resides in an economic territory for more than one year or an institutional unit who engages in economic activities within the economic territory.

Methodology

Dataset properties

  • Native frequency: Monthly
  • Adjustment: Not seasonally adjusted (NSA)
  • Measurement: Millions of US dollars (Mil. USD)
  • Geo coverage: Country

 Standard Components

  • Current Account
    • Goods and services
    • Primary income
    • Secondary income
  • Capital account
  • Financial account
    • Direct investment
    • Portfolio investment
    • Financial derivatives
    • Other investment
  • Errors and omissions

Revisions

Subject to recent history revisions with every update.  

Subject to larger revisions when the Balance of Payments Manual is re-defined.

Notes

 More information can be found here.