Turkey Current Account

Turkey's current account deficit widened to $4.00 billion in November 2025 from $2.76 billion in the same month of the previous year. This marked the largest deficit since April, as the goods account deficit widened to $6.39 billion from $5.24 billion in November 2024, while the primary income gap increased to $1.56 billion from $1.44 billion. At the same time, the secondary income surplus edged down to $0.020 billion from $0.021 billion last year. Meanwhile, the services account surplus rose to $3.93 billion from $3.90 billion a year earlier. Excluding gold and energy, the current account surplus stood at $2.13 million. Over the first eleven months of the year, the country recorded a current account deficit of $18.51 billion, sharply higher than the $5.70 billion shortfall in the corresponding period a year earlier.