Current account balance (credit less debit), Percent of GDP in Türkiye
Türkiye: Current account balance (credit less debit), Percent of GDP was -1.16 in 2031. ◆ Volatile
Current account balance (credit less debit), Percent of GDP in Türkiye, 1980–2031
Source: International Monetary Fund.
Analysis
Türkiye recorded -1.16 for current account balance (credit less debit), percent of gdp in 2031.
That represents a change of up 18.5% on the previous year and down 36.0% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp in Türkiye peaked at 1.94 in 2019 and was at its lowest, -8.82, in 2011.
That places Türkiye 16th out of 26 countries with data for 2031, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP in Türkiye, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | -3.2 | — |
| 1981 | -1.94 | -39.3% |
| 1982 | -1.07 | -44.9% |
| 1983 | -2.26 | +111.4% |
| 1984 | -1.74 | -23.1% |
| 1985 | -1.09 | -37.3% |
| 1986 | -1.43 | +31.2% |
| 1987 | -0.6775 | -52.7% |
| 1988 | 1.28 | -288.3% |
| 1989 | 0.6503 | -49.0% |
| 1990 | -1.26 | -294.5% |
| 1991 | 0.436 | -134.5% |
| 1992 | -0.4442 | -201.9% |
| 1993 | -2.59 | +482.4% |
| 1994 | 1.47 | -156.7% |
| 1995 | -1 | -168.3% |
| 1996 | -0.9726 | -2.8% |
| 1997 | -1.01 | +3.5% |
| 1998 | 0.7202 | -171.5% |
| 1999 | -0.3637 | -150.5% |
| 2000 | -3.63 | +896.9% |
| 2001 | 1.85 | -151.1% |
| 2002 | -0.2623 | -114.2% |
| 2003 | -2.38 | +807.6% |
| 2004 | -3.48 | +46.1% |
| 2005 | -4.14 | +19.1% |
| 2006 | -5.62 | +35.7% |
| 2007 | -5.38 | -4.2% |
| 2008 | -5 | -7.0% |
| 2009 | -1.73 | -65.4% |
| 2010 | -5.7 | +229.1% |
| 2011 | -8.82 | +54.8% |
| 2012 | -4.74 | -46.3% |
| 2013 | -5.13 | +8.2% |
| 2014 | -3.4 | -33.6% |
| 2015 | -2.46 | -27.8% |
| 2016 | -2.55 | +3.6% |
| 2017 | -4.07 | +59.7% |
| 2018 | -1.81 | -55.5% |
| 2019 | 1.94 | -207.0% |
| 2020 | -4.25 | -319.3% |
| 2021 | -0.854 | -79.9% |
| 2022 | -5.05 | +491.0% |
| 2023 | -3.63 | -28.1% |
| 2024 | -0.9591 | -73.6% |
| 2025 | -1.88 | +96.5% |
| 2026 | -2.85 | +51.0% |
| 2027 | -2.54 | -10.8% |
| 2028 | -2.16 | -15.0% |
| 2029 | -1.8 | -16.7% |
| 2030 | -1.42 | -20.7% |
| 2031 | -1.16 | -18.5% |
Türkiye compared with similar countries
- Türkiye's -1.16 is above the median for upper middle income countries, which is -1.16, 1.0× the median. (7 countries reporting)
- Türkiye's -1.16 is above the median for Europe & Central Asia, which is -1.16, 1.0× the median. (7 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Percent of GDP in Türkiye changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | -896.9% | -0.3637 | -3.63 |
| 2003 | -807.6% | -0.2623 | -2.38 |
| 2022 | -491.0% | -0.854 | -5.05 |
| 1993 | -482.4% | -0.4442 | -2.59 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.15 | -3.2 | 1.28 | 10 |
| 1990s | -0.5018 | -2.59 | 1.47 | 10 |
| 2000s | -2.98 | -5.62 | 1.85 | 10 |
| 2010s | -3.67 | -8.82 | 1.94 | 10 |
| 2020s | -2.6 | -5.05 | -0.854 | 10 |
| 2030s | -1.29 | -1.42 | -1.16 | 2 |
Countries ranked near Türkiye
More financial sector data for Türkiye
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.8 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.31 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.8 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp in Türkiye?
- Current account balance (credit less debit), percent of gdp in Türkiye was -1.16 in 2031, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp recorded in Türkiye?
- The highest recorded value was 1.94 in 2019.
- What is the lowest current account balance (credit less debit), percent of gdp recorded in Türkiye?
- The lowest recorded value was -8.82 in 2011.
- How does Türkiye rank for current account balance (credit less debit), percent of gdp?
- Türkiye ranks 16th out of 26 countries with data for 2031.
- Is current account balance (credit less debit), percent of gdp rising or falling in Türkiye?
- Over the last ten years it is down 36.0%. 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), Percent of GDP (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.