Turkey Current Account Balance (% of GDP) (2024)
Turkey's Current Account Balance (% of GDP): -0.8 % of GDP in 2024, +2.8pp YoY. World Bank (BN.CAB.XOKA.GD.ZS), 1974–2024.
Turkey (2024)
-0.8
% of GDP
+2.8pp YoY
YoY Change
+2.8pp
percentage points
Trend
up
Series length
51
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | -0.8 | +2.8pp |
| 2023 | -3.6 | +1.4pp |
| 2022 | -5 | -4.3pp |
| 2021 | -0.7 | +3.5pp |
| 2020 | -4.2 | -6.1pp |
| 2019 | 1.9 | +3.8pp |
| 2018 | -1.9 | +2.2pp |
| 2017 | -4.1 | -1.6pp |
| 2016 | -2.5 | unchanged |
| 2015 | -2.5 | +0.9pp |
| 2014 | -3.4 | +1.7pp |
| 2013 | -5.1 | -0.4pp |
| 2012 | -4.7 | +4.1pp |
| 2011 | -8.8 | -3.1pp |
| 2010 | -5.7 | -4pp |
| 2009 | -1.7 | +3.4pp |
| 2008 | -5.1 | +0.3pp |
| 2007 | -5.4 | +0.2pp |
| 2006 | -5.6 | -1.5pp |
| 2005 | -4.1 | -0.6pp |
About this Dataset
Turkey recorded -0.8 % of GDP in 2024. The latest change was +2.8pp. Across 1974–2024 the series ranges from -8.8 % of GDP in 2011 to 2 % of GDP in 1994.
This page tracks the current account balance (trade in goods and services + primary income + transfers) as a share of GDP in Turkey. The current account is the primary measure of external balance and currency sustainability.
Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks the current account balance (trade in goods and services + primary income + transfers) as a share of GDP in Turkey. The current account is the primary measure of external balance and currency sustainability. It is published by World Bank and updated annually.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1974–2024 (51 observations).
The series peaked at 2 % of GDP in 1994 and reached its lowest recorded value of -8.8 % of GDP in 2011. The latest reading is -0.8 % of GDP in 2024. The latest change was +2.8pp.