External balance on goods and services as a percent of GDP in Türkiye
Türkiye: External balance on goods and services as a percent of GDP was -0.2% in 2025. ◆ Volatile
External balance on goods and services as a percent of GDP in Türkiye, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Türkiye recorded -0.2% for external balance on goods and services as a percent of gdp in 2025.
Compared with earlier readings it is down 143.7% on the previous year and up 82.1% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Türkiye peaked at 4.6% in 2001 and was at its lowest, -6.9%, in 1977.
Türkiye ranks 81st of 191 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.
External balance on goods and services as a percent of GDP in Türkiye, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | -1.6% | — |
| 1961 | -1.7% | +3.3% |
| 1962 | -2.4% | +41.8% |
| 1963 | -2.8% | +17.9% |
| 1964 | -1.0% | -64.4% |
| 1965 | -0.8% | -15.9% |
| 1966 | -1.6% | +88.6% |
| 1967 | -0.9% | -45.9% |
| 1968 | -1.4% | +63.9% |
| 1969 | -1.1% | -18.3% |
| 1970 | -1.9% | +69.4% |
| 1971 | -2.9% | +51.4% |
| 1972 | -2.5% | -13.8% |
| 1973 | -2.1% | -18.4% |
| 1974 | -5.5% | +169.2% |
| 1975 | -6.8% | +22.8% |
| 1976 | -5.8% | -14.7% |
| 1977 | -6.9% | +18.7% |
| 1978 | -3.1% | -54.4% |
| 1979 | -2.7% | -15.2% |
| 1980 | -6.8% | +154.0% |
| 1981 | -4.7% | -31.0% |
| 1982 | -3.2% | -32.5% |
| 1983 | -4.1% | +29.6% |
| 1984 | -4.1% | -0.4% |
| 1985 | -3.1% | -23.6% |
| 1986 | -2.8% | -10.2% |
| 1987 | -2.2% | -22.0% |
| 1988 | 1.1% | -150.6% |
| 1989 | -1.6% | -243.3% |
| 1990 | -4.2% | +167.0% |
| 1991 | -2.8% | -33.7% |
| 1992 | -3.0% | +5.7% |
| 1993 | -5.7% | +92.0% |
| 1994 | 1.0% | -117.3% |
| 1995 | 0.7% | -33.0% |
| 1996 | -0.5% | -181.1% |
| 1997 | 0.1% | -122.0% |
| 1998 | 0.9% | +696.5% |
| 1999 | -0.0% | -100.5% |
| 2000 | -2.5% | +50165.6% |
| 2001 | 4.6% | -285.4% |
| 2002 | 2.4% | -47.8% |
| 2003 | 0.0% | -99.1% |
| 2004 | -1.3% | -6169.0% |
| 2005 | -2.1% | +61.2% |
| 2006 | -3.6% | +73.5% |
| 2007 | -3.7% | +1.6% |
| 2008 | -2.9% | -20.1% |
| 2009 | 0.5% | -116.3% |
| 2010 | -3.8% | -889.7% |
| 2011 | -6.7% | +77.3% |
| 2012 | -3.4% | -49.1% |
| 2013 | -4.3% | +25.5% |
| 2014 | -2.7% | -37.3% |
| 2015 | -1.3% | -50.8% |
| 2016 | -1.6% | +22.3% |
| 2017 | -3.1% | +90.4% |
| 2018 | 0.6% | -120.6% |
| 2019 | 3.5% | +452.1% |
| 2020 | -2.9% | -183.6% |
| 2021 | 0.5% | -117.1% |
| 2022 | -3.6% | -825.5% |
| 2023 | -1.9% | -48.7% |
| 2024 | 0.5% | -129.0% |
| 2025 | -0.2% | -143.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -1.5% | -2.8% | -0.8% | 10 |
| 1970s | -4.0% | -6.9% | -1.9% | 10 |
| 1980s | -3.1% | -6.8% | 1.1% | 10 |
| 1990s | -1.3% | -5.7% | 1.0% | 10 |
| 2000s | -0.8% | -3.7% | 4.6% | 10 |
| 2010s | -2.3% | -6.7% | 3.5% | 10 |
| 2020s | -1.3% | -3.6% | 0.5% | 6 |
Countries ranked near Türkiye
More economy & growth data for Türkiye
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.61 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 77.33 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.70 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.77 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 136.79 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 19.3 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1162 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,161 includes gold, current US$ per person (2025)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Türkiye?
- External balance on goods and services as a percent of gdp in Türkiye was -0.2% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Türkiye?
- The highest recorded value was 4.6% in 2001.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Türkiye?
- The lowest recorded value was -6.9% in 1977.
- How does Türkiye rank for external balance on goods and services as a percent of gdp?
- Türkiye ranks 81st out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Türkiye?
- Over the last ten years it is up 82.1%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.