Monthly surplus in current account balance

Balance of payments data was announced by the Central Bank of the Republic of Turkey (CBRT).

Accordingly, Türkiye's current account account had a surplus of 4 billion 53 million dollars in August. There was a surplus of 8 billion 205 million dollars in the current account, excluding gold and energy.

The balance of payments defined foreign trade deficit was 3 billion 746 million dollars.

According to annual data, while the current account deficit was approximately 42.1 billion dollars in August, the foreign trade balance, defined as the balance of payments, had a deficit of 78.4 billion dollars.

In the same period, the services balance recorded a surplus of 63.9 billion dollars, while the primary income balance recorded a deficit of 25.6 billion dollars and the secondary income balance recorded a deficit of 1.9 billion dollars.

Net inflows from the services balance were at the level of 9 billion 711 million dollars in August.