Turkey’s account balance reveals surplus of one billion dollars

(MENAFN) Türkiye’s current account posted a surplus of $1.1 billion in September, the Turkish Central Bank reported on Wednesday. This follows surpluses of $5.45 billion in August and $1.77 billion in July, while a news agency survey had projected a $1.5 billion surplus for September.

Excluding gold and energy, the current account showed a net surplus of $6.8 billion, although the goods sector recorded a deficit of $5.4 billion. Net inflows from services totaled $7.7 billion, with transportation and travel services contributing $2.3 billion and $6.3 billion, respectively.

For the January–September period, Türkiye’s current account deficit reached $14.89 billion, driven by a goods deficit of $49.8 billion. Meanwhile, services posted a net surplus of $48.7 billion, and primary and secondary income saw net deficits of $13.4 billion and $427 million, respectively.

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