13 April 2026, 11:09  Turkey: Current Account Gap Largest in 10 Months.

Turkey's current account deficit widened to $7.50 billion in February 2026 from $5.22 billion in the same month last year, in line with market forecasts. This marked the largest deficit since April 2025, as the goods account deficit rose to $7.48 billion from $5.48 billion in February 2025, while the services account surplus narrowed to $2.01 billion from $2.27 billion. Additionally, the secondary income account recorded a deficit of $0.18 billion, swinging from a $0.01 billion surplus last year. Meanwhile, the primary income gap decreased to $1.86 billion from $2.02 billion. Excluding gold and energy, the current account posted a $1.46 billion shortfall in February 2026, shifting from a $1.35 billion surplus in the same month last year. Over the first two months of the year, the country recorded a current account deficit of $14.54 billion, higher than $9.25 billion in the corresponding period a year earlier.

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