Goods balance (credit less debit), Net (credits less debits) in Türkiye
Türkiye: Goods balance (credit less debit), Net (credits less debits) was -56.38 billion in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in Türkiye, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), net (credits less debits) in Türkiye is -56.38 billion, measured in 2024.
That represents a change of up 34.7% on the previous year and up 15.3% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Türkiye peaked at -16.78 billion in 2019 and was at its lowest, -89.59 billion, in 2022.
Türkiye ranks 193rd of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Goods balance (credit less debit), Net (credits less debits) in Türkiye, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -32.94 billion | — |
| 2006 | -40.89 billion | +24.2% |
| 2007 | -46.83 billion | +14.5% |
| 2008 | -52.92 billion | +13.0% |
| 2009 | -24.76 billion | -53.2% |
| 2010 | -56.33 billion | +127.5% |
| 2011 | -89.16 billion | +58.3% |
| 2012 | -65.37 billion | -26.7% |
| 2013 | -81.89 billion | +25.3% |
| 2014 | -66.57 billion | -18.7% |
| 2015 | -49.01 billion | -26.4% |
| 2016 | -39.92 billion | -18.5% |
| 2017 | -58.58 billion | +46.7% |
| 2018 | -40.73 billion | -30.5% |
| 2019 | -16.78 billion | -58.8% |
| 2020 | -37.87 billion | +125.7% |
| 2021 | -29.32 billion | -22.6% |
| 2022 | -89.59 billion | +205.5% |
| 2023 | -86.28 billion | -3.7% |
| 2024 | -56.38 billion | -34.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -39.67 billion | -52.92 billion | -24.76 billion | 5 |
| 2010s | -56.43 billion | -89.16 billion | -16.78 billion | 10 |
| 2020s | -59.89 billion | -89.59 billion | -29.32 billion | 5 |
Countries ranked near Türkiye
More financial sector data for Türkiye
- Total reserves (gold at national valuation) (SDR), annual growth rate 12.89 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,565 SDR per person (2025)
- 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)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Türkiye?
- Goods balance (credit less debit), net (credits less debits) in Türkiye was -56.38 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Türkiye?
- The highest recorded value was -16.78 billion in 2019.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Türkiye?
- The lowest recorded value was -89.59 billion in 2022.
- How does Türkiye rank for goods balance (credit less debit), net (credits less debits)?
- Türkiye ranks 193rd out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Türkiye?
- Over the last ten years it is up 15.3%. The long-run trend across the full record is falling.
- Where does this Türkiye data come from?
- The figures come from International Monetary Fund, published as part of Goods 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.