Secondary income balance (credit less debit), Net (credits less) in Turkey
Turkey: Secondary income balance (credit less debit), Net (credits less) was 72.00 million in 2024. ◆ Volatile
Secondary income balance (credit less debit), Net (credits less) in Turkey, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Turkey stood at 72.00 million.
The figure is down 87.1% on the previous year and down 95.3% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Turkey peaked at 2.53 billion in 2017 and was at its lowest, -369.00 million, in 2022.
Turkey ranks 124th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income balance (credit less debit), Net (credits less) in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.45 billion | — |
| 2006 | 1.81 billion | +24.8% |
| 2007 | 2.07 billion | +14.2% |
| 2008 | 2.19 billion | +5.6% |
| 2009 | 2.33 billion | +6.7% |
| 2010 | 1.48 billion | -36.8% |
| 2011 | 1.72 billion | +16.5% |
| 2012 | 1.45 billion | -15.6% |
| 2013 | 1.28 billion | -12.0% |
| 2014 | 1.52 billion | +19.0% |
| 2015 | 1.40 billion | -8.1% |
| 2016 | 1.56 billion | +11.5% |
| 2017 | 2.53 billion | +62.6% |
| 2018 | 781.00 million | -69.2% |
| 2019 | 871.00 million | +11.5% |
| 2020 | 201.00 million | -76.9% |
| 2021 | 950.00 million | +372.6% |
| 2022 | -369.00 million | -138.8% |
| 2023 | 557.00 million | -250.9% |
| 2024 | 72.00 million | -87.1% |
Turkey compared with similar countries
- Turkey's 72.00 million is below the median for upper middle income countries, which is 975.41 million, 7% of the median. (54 countries reporting)
- Turkey's 72.00 million is above the median for Europe & Central Asia, which is -31.75 million. (50 countries reporting)
Biggest year-on-year movements
Years where Secondary income balance (credit less debit), Net (credits less) in Turkey 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 |
|---|---|---|---|
| 2021 | +372.6% | 201.00 million | 950.00 million |
| 2023 | +250.9% | -369.00 million | 557.00 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.97 billion | 1.45 billion | 2.33 billion | 5 |
| 2010s | 1.46 billion | 781.00 million | 2.53 billion | 10 |
| 2020s | 282.20 million | -369.00 million | 950.00 million | 5 |
Countries ranked near Turkey
- 121 Bhutan 80.60 million compare
- 122 Marshall Islands 74.56 million compare
- 123 Kiribati 73.64 million compare
- 125 Saint Vincent and the Grenadines 65.87 million compare
- 126 Bahamas 65.43 million compare
- 127 Montserrat 34.16 million compare
More financial sector data for Turkey
- 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 secondary income balance (credit less debit), net (credits less) in Turkey?
- Secondary income balance (credit less debit), net (credits less) in Turkey was 72.00 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Turkey?
- The highest recorded value was 2.53 billion in 2017.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Turkey?
- The lowest recorded value was -369.00 million in 2022.
- How does Turkey rank for secondary income balance (credit less debit), net (credits less)?
- Turkey ranks 124th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Turkey?
- Over the last ten years it is down 95.3%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from International Monetary Fund, published as part of Secondary income 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.