External balance on goods and services (current LCU) in Turkey
Turkey: External balance on goods and services (current LCU) was -148.18 billion current LCU in 2025. ◆ Volatile
Latest (2025)
-148.18 billion current LCU
Change on year
down 161.8%
World rank
141st
of 193 countries
All-time high
239.72 billion current LCU
in 2024
All-time low
-554.16 billion current LCU
in 2022
Years of data
66
1960–2025
External balance on goods and services in Turkey, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Turkey recorded -148.18 billion current LCU for external balance on goods and services in 2025.
The figure is down 161.8% on the previous year and down 379.3% over ten years.
Over the whole period, external balance on goods and services in Turkey peaked at 239.72 billion current LCU in 2024 and was at its lowest, -554.16 billion current LCU, in 2022.
That places Turkey 141st out of 193 countries with data for 2025, putting it 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 (current LCU) in Turkey, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | -1,100 current LCU | — |
| 1961 | -1,200 current LCU | +9.1% |
| 1962 | -1,900 current LCU | +58.3% |
| 1963 | -2,600 current LCU | +36.8% |
| 1964 | -1,000 current LCU | -61.5% |
| 1965 | -900 current LCU | -10.0% |
| 1966 | -2,000 current LCU | +122.2% |
| 1967 | -1,200 current LCU | -40.0% |
| 1968 | -2,200 current LCU | +83.3% |
| 1969 | -2,000 current LCU | -9.1% |
| 1970 | -3,800 current LCU | +90.0% |
| 1971 | -7,100 current LCU | +86.8% |
| 1972 | -7,300 current LCU | +2.8% |
| 1973 | -7,500 current LCU | +2.7% |
| 1974 | -27,500 current LCU | +266.7% |
| 1975 | -43,900 current LCU | +59.6% |
| 1976 | -47,800 current LCU | +8.9% |
| 1977 | -72,800 current LCU | +52.3% |
| 1978 | -49,700 current LCU | -31.7% |
| 1979 | -74,000 current LCU | +48.9% |
| 1980 | -353,900 current LCU | +378.2% |
| 1981 | -368,800 current LCU | +4.2% |
| 1982 | -330,800 current LCU | -10.3% |
| 1983 | -568,000 current LCU | +71.7% |
| 1984 | -894,600 current LCU | +57.5% |
| 1985 | -1.09 million current LCU | +21.8% |
| 1986 | -1.42 million current LCU | +30.7% |
| 1987 | -1.63 million current LCU | +14.1% |
| 1988 | 1.42 million current LCU | -187.5% |
| 1989 | -3.59 million current LCU | -352.1% |
| 1990 | -16.56 million current LCU | +361.7% |
| 1991 | -17.60 million current LCU | +6.3% |
| 1992 | -32.29 million current LCU | +83.4% |
| 1993 | -112.36 million current LCU | +248.0% |
| 1994 | 37.85 million current LCU | -133.7% |
| 1995 | 70.50 million current LCU | +86.3% |
| 1996 | -108.33 million current LCU | -253.7% |
| 1997 | 46.88 million current LCU | -143.3% |
| 1998 | 670.73 million current LCU | +1330.8% |
| 1999 | -5.36 million current LCU | -100.8% |
| 2000 | -4.31 billion current LCU | +80228.2% |
| 2001 | 11.52 billion current LCU | -367.4% |
| 2002 | 8.81 billion current LCU | -23.5% |
| 2003 | 100.19 million current LCU | -98.9% |
| 2004 | -7.51 billion current LCU | -7596.3% |
| 2005 | -14.15 billion current LCU | +88.3% |
| 2006 | -28.73 billion current LCU | +103.1% |
| 2007 | -32.61 billion current LCU | +13.5% |
| 2008 | -29.45 billion current LCU | -9.7% |
| 2009 | 4.83 billion current LCU | -116.4% |
| 2010 | -44.26 billion current LCU | -1016.3% |
| 2011 | -94.33 billion current LCU | +113.1% |
| 2012 | -54.00 billion current LCU | -42.8% |
| 2013 | -78.07 billion current LCU | +44.6% |
| 2014 | -55.11 billion current LCU | -29.4% |
| 2015 | -30.92 billion current LCU | -43.9% |
| 2016 | -42.23 billion current LCU | +36.6% |
| 2017 | -96.33 billion current LCU | +128.1% |
| 2018 | 24.00 billion current LCU | -124.9% |
| 2019 | 153.25 billion current LCU | +538.5% |
| 2020 | -149.62 billion current LCU | -197.6% |
| 2021 | 37.05 billion current LCU | -124.8% |
| 2022 | -554.16 billion current LCU | -1595.8% |
| 2023 | -502.82 billion current LCU | -9.3% |
| 2024 | 239.72 billion current LCU | -147.7% |
| 2025 | -148.18 billion current LCU | -161.8% |
Turkey compared with similar countries
- Turkey's -148.18 billion current LCU is below the median for upper middle income countries, which is -2.10 billion current LCU, 70.7× the median. (53 countries reporting)
- Turkey's -148.18 billion current LCU is below the median for Europe & Central Asia, which is 96.00 million current LCU. (52 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current LCU) in Turkey 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 |
|---|---|---|---|
| 2000 | -80228.2% | -5.36 million current LCU | -4.31 billion current LCU |
| 2004 | -7596.3% | 100.19 million current LCU | -7.51 billion current LCU |
| 2022 | -1595.8% | 37.05 billion current LCU | -554.16 billion current LCU |
| 1998 | +1330.8% | 46.88 million current LCU | 670.73 million current LCU |
| 2010 | -1016.3% | 4.83 billion current LCU | -44.26 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -1,610 current LCU | -2,600 current LCU | -900 current LCU | 10 |
| 1970s | -34,140 current LCU | -74,000 current LCU | -3,800 current LCU | 10 |
| 1980s | -882,120 current LCU | -3.59 million current LCU | 1.42 million current LCU | 10 |
| 1990s | 53.35 million current LCU | -112.36 million current LCU | 670.73 million current LCU | 10 |
| 2000s | -9.15 billion current LCU | -32.61 billion current LCU | 11.52 billion current LCU | 10 |
| 2010s | -31.80 billion current LCU | -96.33 billion current LCU | 153.25 billion current LCU | 10 |
| 2020s | -179.67 billion current LCU | -554.16 billion current LCU | 239.72 billion current LCU | 6 |
Countries ranked near Turkey
- 138 North Macedonia -143.47 billion current LCU compare
- 139 Albania -145.93 billion current LCU compare
- 140 Guatemala -145.93 billion current LCU compare
- 142 Morocco -156.26 billion current LCU compare
- 143 New Caledonia -160.12 billion current LCU compare
- 144 Comoros -176.53 billion current LCU compare
More economy & growth data for Turkey
- SDRs holdings, US dollar, annual growth rate 5.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 87.93 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0288 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 64.2 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0039 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 72.49 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Turkey?
- External balance on goods and services in Turkey was -148.18 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Turkey?
- The highest recorded value was 239.72 billion current LCU in 2024.
- What is the lowest external balance on goods and services recorded in Turkey?
- The lowest recorded value was -554.16 billion current LCU in 2022.
- How does Turkey rank for external balance on goods and services?
- Turkey ranks 141st out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Turkey?
- Over the last ten years it is down 379.3%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.