Current account balance as a proportion of GDP (%) in Türkiye
Türkiye: Current account balance as a proportion of GDP (%) was -0.7% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Türkiye, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Türkiye is -0.7%, measured in 2024.
That represents a change of up 78.5% on the previous year and up 78.0% over ten years.
Over the whole period, current account balance as a proportion of gdp in Türkiye peaked at 1.9% in 2019 and was at its lowest, -8.8%, in 2011.
That places Türkiye 97th out of 205 countries with data for 2024, 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 as a proportion of GDP (%) in Türkiye, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -3.6% | — |
| 2001 | 1.9% | -151.5% |
| 2002 | -0.3% | -114.0% |
| 2003 | -2.4% | +821.2% |
| 2004 | -3.5% | +44.5% |
| 2005 | -4.1% | +19.2% |
| 2006 | -5.6% | +34.9% |
| 2007 | -5.4% | -3.2% |
| 2008 | -5.1% | -5.7% |
| 2009 | -1.7% | -65.8% |
| 2010 | -5.7% | +228.3% |
| 2011 | -8.8% | +54.6% |
| 2012 | -4.7% | -46.4% |
| 2013 | -5.1% | +8.6% |
| 2014 | -3.4% | -33.5% |
| 2015 | -2.5% | -27.6% |
| 2016 | -2.5% | +3.2% |
| 2017 | -4.1% | +59.8% |
| 2018 | -1.9% | -54.5% |
| 2019 | 1.9% | -204.5% |
| 2020 | -4.2% | -318.2% |
| 2021 | -0.7% | -82.5% |
| 2022 | -5.0% | +574.8% |
| 2023 | -3.5% | -30.1% |
| 2024 | -0.7% | -78.5% |
Biggest year-on-year movements
Years where Current account balance as a proportion 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 |
|---|---|---|---|
| 2003 | -821.2% | -0.3% | -2.4% |
| 2022 | -574.8% | -0.7% | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.0% | -5.6% | 1.9% | 10 |
| 2010s | -3.7% | -8.8% | 1.9% | 10 |
| 2020s | -2.8% | -5.0% | -0.7% | 5 |
Countries ranked near Türkiye
More economy & growth data for Türkiye
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.48 Percent per annum (2029)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 58.49 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 14.68 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 53.2 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 10.85 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 18.33 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 3.18 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 3.18 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 59.13 % change on previous year (2024)
Frequently asked questions
- What is current account balance as a proportion of gdp in Türkiye?
- Current account balance as a proportion of gdp in Türkiye was -0.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Türkiye?
- The highest recorded value was 1.9% in 2019.
- What is the lowest current account balance as a proportion of gdp recorded in Türkiye?
- The lowest recorded value was -8.8% in 2011.
- How does Türkiye rank for current account balance as a proportion of gdp?
- Türkiye ranks 97th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Türkiye?
- Over the last ten years it is up 78.0%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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