Newsletters
Türkiye’s current account balance recorded a deficit of $3.99 billion in November, the Central Bank of the Republic of Türkiye said Tuesday.
The shortfall followed surpluses in the previous four months and came in wider than market expectations. An Anadolu Agency survey had forecast a deficit of $3.1 billion for November.
Excluding gold and energy, the current account showed a net surplus of $2.1 billion, pointing to continued strength in underlying external balances.
The goods balance posted a $6.38 billion deficit in November, while the services sector recorded a $3.9 billion surplus, helping to partially offset the trade gap.
1 min read
For the January–November period, the current account registered a cumulative deficit of $18.5 billion.
Over the same period, the goods deficit totaled $62.2 billion, while the services sector posted a net surplus of $60 billion, significantly limiting the overall current account gap.
Economists closely monitor the current account as a key indicator of Türkiye’s external financing needs and macroeconomic stability.
Set as preferred source
1 min read
