current account deficit
- Turkiye
Gulf Energy Crisis Pushes Turkiye’s External Deficit to $39.7 Billion Amid Rising Economic Pressure
Türkiye posted a $9.7 billion current account deficit in March, the highest since January 2023, as surging energy costs amid…
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Turkiye’s Current Account Deficit Expected to Widen Sharply Amid Economic Pressures
Economy expected to run $51.89 billion full-year current account deficit, while March figure marks surge from February’s $7.5 billion deficit,…
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Fitch Ratings Affirms Turkiye at BB- with Stable Outlook Amid Rising External Risks
Fitch Ratings on Saturday affirmed Türkiye’s sovereign credit rating at “BB-” while revising the outlook to “stable” from “positive.” In…
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BofA sees Turkish economy growing 4.3% in 2026, expects inflation at 24%
Bank of America (BofA) projects that Türkiye’s economy will continue to expand steadily, with gross domestic product (GDP) expected to…
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S&P Global expects Turkiye’s 2025 inflation at 28% as disinflation path shapes credit rating outlook
Frank Gill, senior director at U.S.-based S&P Global Ratings, one of the big three rating agencies, said the agency expects…
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Turkiye’s Tax Overhaul Spurs Surge in Locally Made Car Sales, August Record Looms
A sweeping overhaul of Türkiye’s Special Consumption Tax (SCT) system at the end of July has flipped the country’s automotive…
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Turkiye’s Current Account Deficit Hits $2.01B in June Despite Strong Tourism Surplus
Türkiye’s current account recorded a deficit of $2.01 billion in June, bringing the annualized deficit to $18.9 billion, the Central…
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Turkiye’s $311 Billion Under-the-Pillow Gold Poses Challenge and Opportunity for Financial System
Türkiye’s widening current account balance between January and April, which deepened to $20.3 billion from $14.5 billion a year earlier,…
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Turkiye’s Current Account Deficit Narrows Slightly to $4.08 Billion
Goods saw deficit of $4.84B in March, services posted surplus of $2.67B, according to Turkish Central Bank Türkiye’s current account…
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Türkiye’s Current Account Deficit Shrinks to $9.97 Billion Amid Rising Investments
Türkiye posted a current account deficit of $9.97 billion last year, down from a deficit of $39.9 billion in 2023,…
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