Turkey - Current Account Balance





Turkey: Current Account Balance

Mnemonic TAB.ITUR
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Monthly 138.34 %
Data Aug 2020 -4,631
Jul 2020 -1,943

Series Information

Source Central Bank of the Republic of Turkey (CBT)
Release Balance of Payments
Frequency Monthly
Start Date 12/31/1984
End Date 8/31/2020

Turkey: Trade

Reference Last Previous Units Frequency
Balance of Goods Aug 2020 -5,347 -1,978 Mil. USD, NSA Monthly
Current Account Balance Aug 2020 -4,631 -1,943 Mil. USD, NSA Monthly
Exports of Goods Aug 2020 12,262 14,724 Mil. USD, NSA Monthly
Imports of Goods Aug 2020 17,609 16,702 Mil. USD, NSA Monthly
Exports of Goods and Services 2020 Q2 253,331,173 333,644,991 Ths. TRY, NSA Quarterly
Imports of Goods and Services 2020 Q2 314,785,425 364,727,896 Ths. TRY, NSA Quarterly
Net Exports 2020 Q2 -61,454,251 -31,082,905 Ths. TRY, NSA Quarterly
Real Exports of Goods and Services 2020 Q2 70,730,338 100,149,796 Ths. Ch. 2009 TRY, NSA Quarterly
Real Imports of Goods and Services 2020 Q2 78,319,396 88,529,679 Ths. Ch. 2009 TRY, NSA Quarterly
Real Net Exports 2020 Q2 -7,589,057 11,620,116 Ths. Ch. 2009 TRY, NSA Quarterly

Release Information

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

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

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.

Subject to recent history revisions with every update.  

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

Further reading

At the source