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Türkiye logs $4B current account surplus in August

by Daily Sabah with Agencies

ISTANBUL Oct 13, 2026 - 11:10 am GMT+3
People tour the historic Eminönü neighborhood, Istanbul, Türkiye, Oct. 11, 2026. (AA Photo)
People tour the historic Eminönü neighborhood, Istanbul, Türkiye, Oct. 11, 2026. (AA Photo)
by Daily Sabah with Agencies Oct 13, 2026 11:10 am

Türkiye logged a current account surplus of $4.05 billion (TL 199.94 billion) in August, official data shared by the country's central bank showed Tuesday.

Excluding gold and energy, the current account indicated a net surplus of $8.2 billion during the month, the Central Bank of the Republic of Türkiye (CBRT) said in its balance of payments data.

The surplus narrowed from $4.62 billion a year earlier as the goods deficit widened, while the services surplus increased.

The reading marked the second consecutive month in which the current account posted a surplus. Prior to that, the balance last posted a surplus in October 2025, when it stood at $477 million.

The country's goods deficit reached nearly $3.75 billion in August, up from $2.8 billion a year earlier, the bank stated.

Meanwhile, the services surplus increased to $9.71 billion from $9.34 billion over the same period.

Travel revenues reached $7.28 billion, and transportation revenues reached $3.26 billion.

The primary income deficit edged down to $1.89 billion from $1.9 billion, while the secondary income deficit fell to $18 million from $21 million.

Direct investment saw a net inflow of $141 million in August, as nonresidents recorded a net inflow of $719 million.

Portfolio investment recorded a net outflow of $1 billion in August.

The country's official reserves increased by $7.14 billion during the same period.

In the first eight months of 2026, Türkiye's current account deficit widened to $31.5 billion from $19.67 billion in the corresponding period a year earlier.

The 12-month rolling deficit stood at $42.1 billion as of August, according to central bank data.

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  • Last Update: Oct 13, 2026 1:35 pm
    KEYWORDS
    turkish economy finance balance of payments current account current account balance cbrt
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