12 November 2025, 12:30 Turkey: Current Account Surplus Narrows in September.
Turkey’s current account surplus narrowed to $1.11 billion in September 2025 from $2.83 billion in the same month of the previous year, slightly exceeding market expectations of a $1 billion surplus. The goods account shortfall increased significantly to $5.36 billion from $3.11 billion a year earlier, while the primary income deficit widened to $1.33 billion from $1.26 billion. On the other hand, the secondary income shifted to a surplus of $0.09 billion from a deficit of $0.02 billion in September 2024, while the services account surplus rose to $7.71 billion from $7.21 billion. For the first nine months of the year, the country recorded a current account deficit of $14.89 billion, notably higher than the $5.16 billion shortfall in the corresponding period last year.
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