Current account balance as a share of GDP in Türkiye
Türkiye: Current account balance as a share of GDP was -0.8% in 2024. ◆ Volatile
Current account balance as a share of GDP in Türkiye, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Türkiye recorded -0.8% for current account balance as a share of gdp in 2024.
Compared with earlier readings it is up 78.5% on the previous year and up 78.0% over ten years.
Over the whole period, current account balance as a share of gdp in Türkiye peaked at 1.9% in 2019 and was at its lowest, -8.8%, in 2011.
That places Türkiye 92nd out of 193 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 share 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% | +823.1% |
| 2004 | -3.5% | +44.2% |
| 2005 | -4.1% | +19.4% |
| 2006 | -5.6% | +34.9% |
| 2007 | -5.4% | -3.2% |
| 2008 | -5.1% | -5.8% |
| 2009 | -1.7% | -65.7% |
| 2010 | -5.7% | +227.6% |
| 2011 | -8.8% | +54.6% |
| 2012 | -4.7% | -46.4% |
| 2013 | -5.1% | +8.7% |
| 2014 | -3.4% | -33.5% |
| 2015 | -2.5% | -27.6% |
| 2016 | -2.5% | +3.2% |
| 2017 | -4.1% | +59.6% |
| 2018 | -1.9% | -54.5% |
| 2019 | 1.9% | -204.9% |
| 2020 | -4.2% | -317.5% |
| 2021 | -0.7% | -82.5% |
| 2022 | -5.0% | +575.7% |
| 2023 | -3.5% | -30.2% |
| 2024 | -0.8% | -78.5% |
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
- Manufacturing, value added (constant LCU), per capita 4,373 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 10.7 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2402 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,468 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 33.14 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 9.48 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 176,291 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.05 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.2434 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 3,869 constant 2015 US$ per person (2024)
Frequently asked questions
- What is current account balance as a share of gdp in Türkiye?
- Current account balance as a share of gdp in Türkiye was -0.8% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Türkiye?
- The highest recorded value was 1.9% in 2019.
- What is the lowest current account balance as a share of gdp recorded in Türkiye?
- The lowest recorded value was -8.8% in 2011.
- How does Türkiye rank for current account balance as a share of gdp?
- Türkiye ranks 92nd out of 193 countries with data for 2024.
- Is current account balance as a share 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 International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).