Italy vs Türkiye: External balance on goods and services

Italy
50.21 billion constant LCU
in 2025
Türkiye
45.44 billion constant LCU
in 2025
Italy rank
29th
Türkiye rank
30th

External balance on goods and services over time

  • Italy
  • Türkiye
-50.0B050.0B100.0B197019972025

How they compare

Italy currently reports 50.21 billion constant LCU against 45.44 billion constant LCU in Türkiye, a difference of 4.76 billion constant LCU.

That makes Italy's figure about 1.1 times Türkiye's.

The two have swapped places 7 times across 17 shared years of data; in 2009 it was Türkiye ahead.

Italy ranks 29th and Türkiye ranks 30th of 162 countries.

Across the 3 decades both report, Italy averaged higher in 1 and Türkiye in 2.

Head to head by decade

Decade Italy Türkiye Difference Ahead
2000s 2.19 billion constant LCU 4.83 billion constant LCU 2.64 billion constant LCU Türkiye
2010s 57.64 billion constant LCU 7.99 billion constant LCU 49.65 billion constant LCU Italy
2020s 56.64 billion constant LCU 62.55 billion constant LCU 5.91 billion constant LCU Türkiye

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Italy or Türkiye?
Italy, at 50.21 billion constant LCU against 45.44 billion constant LCU in Türkiye as of 2025.
What is the difference in external balance on goods and services between Italy and Türkiye?
4.76 billion constant LCU, with Italy ahead.
How many years of comparable data are there for Italy and Türkiye?
17 years are reported by both, from 2009 to 2025.
How do Italy and Türkiye rank globally for external balance on goods and services?
Italy ranks 29th and Türkiye ranks 30th of 162 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Türkiye: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-constant-lcu/italy/turkiye/

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About this data

Indicator
External balance on goods and services (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 3,215 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.