Turkey - Current Account Balance





Turkey: Current Account Balance

Mnemonic TAB.ITUR
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Monthly 666.58 %
Data Dec 2019 -2,798
Nov 2019 -365

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
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
Exports of Goods and Services 2019 Q4 355,269,623 366,463,100 Ths. TRY, NSA Quarterly
Imports of Goods Dec 2019 18,984 17,255 Mil. USD, NSA Monthly
Imports of Goods and Services 2019 Q4 345,861,239 316,651,407 Ths. TRY, NSA Quarterly
Net Exports 2019 Q4 9,408,383 49,811,692 Ths. TRY, NSA Quarterly
Real Imports of Goods and Services 2019 Q4 112,191,802 116,986,257 Ths. Ch. 2009 TRY, NSA Quarterly
Real Exports of Goods and Services 1997 Q4 28,594,689 32,598,465 Ths. Ch. 2009 TRY, NSA Quarterly
Real Net Exports 1997 Q4 -4,607,853 -648,484 Ths. Ch. 2009 TRY, NSA Quarterly

Release Information

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

For further details on the Central Bank's Balance of Payments Statistics:

http://www.tcmb.gov.tr/wps/wcm/connect/932be9ac-d4da-4d11-90f2-5866e091ef49/bopmet.pdf?MOD=AJPERES&CACHEID=932be9ac-d4da-4d11-90f2-5866e091ef49

Subject to recent history revisions with every update.  

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