Current account balance (credit less debit), Net (credits less debits) in Türkiye
Türkiye: Current account balance (credit less debit), Net (credits less debits) was -10.19 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Türkiye, 2005–2024
Source: International Monetary Fund.
Analysis
Türkiye recorded -10.19 billion for current account balance (credit less debit), net (credits less debits) in 2024.
The figure is up 74.4% on the previous year and up 68.3% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Türkiye peaked at 15.01 billion in 2019 and was at its lowest, -74.40 billion, in 2011.
Türkiye ranks 185th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Türkiye, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -20.98 billion | — |
| 2006 | -31.16 billion | +48.5% |
| 2007 | -36.95 billion | +18.6% |
| 2008 | -39.43 billion | +6.7% |
| 2009 | -11.36 billion | -71.2% |
| 2010 | -44.62 billion | +292.9% |
| 2011 | -74.40 billion | +66.7% |
| 2012 | -41.80 billion | -43.8% |
| 2013 | -49.33 billion | +18.0% |
| 2014 | -32.11 billion | -34.9% |
| 2015 | -21.35 billion | -33.5% |
| 2016 | -22.17 billion | +3.8% |
| 2017 | -35.15 billion | +58.5% |
| 2018 | -14.60 billion | -58.4% |
| 2019 | 15.01 billion | -202.8% |
| 2020 | -30.98 billion | -306.3% |
| 2021 | -6.22 billion | -79.9% |
| 2022 | -46.28 billion | +644.0% |
| 2023 | -39.88 billion | -13.8% |
| 2024 | -10.19 billion | -74.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -27.97 billion | -39.43 billion | -11.36 billion | 5 |
| 2010s | -32.05 billion | -74.40 billion | 15.01 billion | 10 |
| 2020s | -26.71 billion | -46.28 billion | -6.22 billion | 5 |
Countries ranked near Türkiye
- 182 Kazakhstan -7.94 billion compare
- 183 Indonesia -8.68 billion compare
- 184 Côte d'Ivoire -9.21 billion compare
- 186 Canada -10.35 billion compare
- 187 New Zealand -12.11 billion compare
- 188 Ukraine -15.14 billion compare
More financial sector data for Türkiye
- Total reserves in months of imports, annual growth rate 13.75 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -27.13 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0292 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 543.44 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -24.94 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 608.96 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 13.6 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,578 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Türkiye?
- Current account balance (credit less debit), net (credits less debits) in Türkiye was -10.19 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Türkiye?
- The highest recorded value was 15.01 billion in 2019.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Türkiye?
- The lowest recorded value was -74.40 billion in 2011.
- How does Türkiye rank for current account balance (credit less debit), net (credits less debits)?
- Türkiye ranks 185th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Türkiye?
- Over the last ten years it is up 68.3%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.