Türkiye - Current Account Balance





Türkiye: Current Account Balance

Mnemonic TAB.ITUR
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Monthly 29.46 %
Data Feb 2024 -3,265
Jan 2024 -2,522

Series Information

Source Central Bank of the Republic of Türkiye
Release Balance of Payments
Frequency Monthly
Start Date 12/31/1984
End Date 2/29/2024

Türkiye: Trade

Reference Last Previous Units Frequency
Balance of Goods Feb 2024 -4,751 -4,406 Mil. USD, NSA Monthly
Current Account Balance Feb 2024 -3,265 -2,522 Mil. USD, NSA Monthly
Exports of Goods Feb 2024 20,777 19,726 Mil. USD, NSA Monthly
Imports of Goods Feb 2024 25,528 24,132 Mil. USD, NSA Monthly
Exports of Goods and Services 2023 Q4 2,627,893,305 2,563,436,425 Ths. TRY, NSA Quarterly
Imports of Goods and Services 2023 Q4 2,685,152,519 2,584,345,201 Ths. TRY, NSA Quarterly
Net Exports 2023 Q4 -57,259,214 -20,908,776 Ths. TRY, NSA Quarterly
Real Exports of Goods and Services 2023 Q4 141,386,963 142,627,206 Ths. Ch. 2009 TRY, NSA Quarterly
Real Imports of Goods and Services 2023 Q4 141,633,689 127,331,576 Ths. Ch. 2009 TRY, NSA Quarterly
Real Net Exports 2023 Q4 -246,725 15,295,629 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