External balance on goods and services (current US$) (US current) in Turkey
Turkey: External balance on goods and services (current US$) (US current) was -3.76 billion current US$ in 2025. ◆ Volatile
Latest (2025)
-3.76 billion current US$
Change on year
down 151.4%
World rank
144th
of 193 countries
All-time high
27.01 billion current US$
in 2019
All-time low
-56.31 billion current US$
in 2011
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 US$.
Analysis
In 2025, external balance on goods and services in Turkey stood at -3.76 billion current US$.
That represents a change of down 151.4% on the previous year and up 67.0% over ten years.
Over the whole period, external balance on goods and services in Turkey peaked at 27.01 billion current US$ in 2019 and was at its lowest, -56.31 billion current US$, in 2011.
That places Turkey 144th out of 193 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$) (US current) in Turkey, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | -122.22 million current US$ | — |
| 1961 | -133.33 million current US$ | +9.1% |
| 1962 | -211.11 million current US$ | +58.3% |
| 1963 | -288.89 million current US$ | +36.8% |
| 1964 | -111.11 million current US$ | -61.5% |
| 1965 | -100.00 million current US$ | -10.0% |
| 1966 | -222.22 million current US$ | +122.2% |
| 1967 | -133.33 million current US$ | -40.0% |
| 1968 | -244.44 million current US$ | +83.3% |
| 1969 | -222.22 million current US$ | -9.1% |
| 1970 | -345.45 million current US$ | +55.5% |
| 1971 | -473.33 million current US$ | +37.0% |
| 1972 | -521.43 million current US$ | +10.2% |
| 1973 | -535.71 million current US$ | +2.7% |
| 1974 | -1.96 billion current US$ | +266.7% |
| 1975 | -3.14 billion current US$ | +59.6% |
| 1976 | -2.99 billion current US$ | -4.7% |
| 1977 | -4.04 billion current US$ | +35.4% |
| 1978 | -2.07 billion current US$ | -48.8% |
| 1979 | -2.39 billion current US$ | +15.3% |
| 1980 | -4.66 billion current US$ | +95.1% |
| 1981 | -3.32 billion current US$ | -28.6% |
| 1982 | -2.03 billion current US$ | -38.9% |
| 1983 | -2.52 billion current US$ | +24.4% |
| 1984 | -2.44 billion current US$ | -3.4% |
| 1985 | -2.09 billion current US$ | -14.3% |
| 1986 | -2.11 billion current US$ | +1.1% |
| 1987 | -1.90 billion current US$ | -10.1% |
| 1988 | 1.00 billion current US$ | -152.7% |
| 1989 | -1.69 billion current US$ | -268.9% |
| 1990 | -6.35 billion current US$ | +275.5% |
| 1991 | -4.22 billion current US$ | -33.5% |
| 1992 | -4.70 billion current US$ | +11.3% |
| 1993 | -10.23 billion current US$ | +117.7% |
| 1994 | 1.28 billion current US$ | -112.5% |
| 1995 | 1.54 billion current US$ | +20.3% |
| 1996 | -1.33 billion current US$ | -186.5% |
| 1997 | 308.68 million current US$ | -123.2% |
| 1998 | 2.57 billion current US$ | +733.4% |
| 1999 | -12.81 million current US$ | -100.5% |
| 2000 | -6.89 billion current US$ | +53705.4% |
| 2001 | 9.40 billion current US$ | -236.4% |
| 2002 | 5.85 billion current US$ | -37.8% |
| 2003 | 66.76 million current US$ | -98.9% |
| 2004 | -5.27 billion current US$ | -7992.6% |
| 2005 | -10.53 billion current US$ | +99.8% |
| 2006 | -20.12 billion current US$ | +91.1% |
| 2007 | -25.03 billion current US$ | +24.4% |
| 2008 | -22.63 billion current US$ | -9.6% |
| 2009 | 3.12 billion current US$ | -113.8% |
| 2010 | -29.45 billion current US$ | -1045.0% |
| 2011 | -56.31 billion current US$ | +91.2% |
| 2012 | -30.07 billion current US$ | -46.6% |
| 2013 | -41.01 billion current US$ | +36.4% |
| 2014 | -25.18 billion current US$ | -38.6% |
| 2015 | -11.37 billion current US$ | -54.9% |
| 2016 | -13.98 billion current US$ | +23.0% |
| 2017 | -26.41 billion current US$ | +88.8% |
| 2018 | 4.97 billion current US$ | -118.8% |
| 2019 | 27.01 billion current US$ | +443.3% |
| 2020 | -21.35 billion current US$ | -179.0% |
| 2021 | 4.19 billion current US$ | -119.6% |
| 2022 | -33.49 billion current US$ | -900.0% |
| 2023 | -21.18 billion current US$ | -36.7% |
| 2024 | 7.31 billion current US$ | -134.5% |
| 2025 | -3.76 billion current US$ | -151.4% |
Turkey compared with similar countries
- Turkey's -3.76 billion current US$ is below the median for upper middle income countries, which is -347.73 million current US$, 10.8× the median. (53 countries reporting)
- Turkey's -3.76 billion current US$ is below the median for Europe & Central Asia, which is -50.32 million current US$, 74.6× the median. (52 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current US$) (US current) 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 | -53705.4% | -12.81 million current US$ | -6.89 billion current US$ |
| 2004 | -7992.6% | 66.76 million current US$ | -5.27 billion current US$ |
| 2010 | -1045.0% | 3.12 billion current US$ | -29.45 billion current US$ |
| 2022 | -900.0% | 4.19 billion current US$ | -33.49 billion current US$ |
| 1998 | +733.4% | 308.68 million current US$ | 2.57 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -178.89 million current US$ | -288.89 million current US$ | -100.00 million current US$ | 10 |
| 1970s | -1.85 billion current US$ | -4.04 billion current US$ | -345.45 million current US$ | 10 |
| 1980s | -2.18 billion current US$ | -4.66 billion current US$ | 1.00 billion current US$ | 10 |
| 1990s | -2.11 billion current US$ | -10.23 billion current US$ | 2.57 billion current US$ | 10 |
| 2000s | -7.20 billion current US$ | -25.03 billion current US$ | 9.40 billion current US$ | 10 |
| 2010s | -20.18 billion current US$ | -56.31 billion current US$ | 27.01 billion current US$ | 10 |
| 2020s | -11.38 billion current US$ | -33.49 billion current US$ | 7.31 billion current US$ | 6 |
Countries ranked near Turkey
- 141 Nicaragua -2.95 billion current US$ compare
- 142 Mozambique -3.20 billion current US$ compare
- 143 New Zealand -3.27 billion current US$ compare
- 145 Kosovo -3.77 billion current US$ compare
- 145 Kosovo (UNSCR 1244) -3.77 billion current US$ compare
- 147 Guam -3.88 billion current US$ 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 -3.76 billion current US$ 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 27.01 billion current US$ in 2019.
- What is the lowest external balance on goods and services recorded in Turkey?
- The lowest recorded value was -56.31 billion current US$ in 2011.
- How does Turkey rank for external balance on goods and services?
- Turkey ranks 144th 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 up 67.0%. 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.