Turkey - Balance of Goods




Turkey: Balance of Goods

Mnemonic TRBG.ITUR
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Monthly 9.87 %
Data Jul 2020 -1,853
Jun 2020 -2,056

Series Information

Source Central Bank of the Republic of Turkey (CBT)
Release Balance of Payments
Frequency Monthly
Start Date 12/31/1984
End Date 7/31/2020

Turkey: Trade

Reference Last Previous Units Frequency
Balance of Goods Jul 2020 -1,853 -2,056 Mil. USD, NSA Monthly
Current Account Balance Jul 2020 -1,817 -2,927 Mil. USD, NSA Monthly
Exports of Goods Jul 2020 14,850 13,215 Mil. USD, NSA Monthly
Imports of Goods Jul 2020 16,703 15,271 Mil. USD, NSA Monthly
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

Release Information

Description

For Turkey, monthly detailed balance of payments presentation, per IMF BPM6.

Properties

Active:

  • Framework: IMF BPM6
  • Measurement: Millions of U.S. dollars (Mil. USD)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: 1984m1

Predecessors:

  • BPM6 - 1991 to 2019
  • BPM5 - 1991 to 2014

Methodology

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.

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

Moody's Analytics supplements

We compute a seasonally adjusted version of the current account balance.

Revisions

Subject to recent history revisions with every update.  

Subject to larger revisions when the Balance of Payments Manual is redefined.

Notes

Further reading

At the source