Turkiye logs $4 bn current account surplus in August
AgenciesTUrkiye logged a current account surplus of $4.05 billion in August, official data shared by the country’s central bank showed Tuesday.Excluding gold and energy, the curren...
In August, Turkey recorded a current account surplus of $4.05 billion, according to data released by the country's central bank. Excluding gold and energy, the surplus amounted to $8.2 billion for the month, the CBRT reported. This figure represents a narrowing from the $4.62 billion surplus recorded a year earlier. The widening goods deficit contributed to the reduced surplus, while the services surplus increased.
The current account surplus marked the second consecutive month of surplus for Turkey, following the $477 million surplus in October 2025. The country's goods deficit expanded to nearly $3.75 billion in August, up from $2.8 billion the previous year. Simultaneously, the services surplus rose to $9.71 billion from $9.34 billion over the same period. Travel revenues contributed $7.28 billion, while transportation revenues totaled $3.26 billion.
Written by urgent.news from Qatar Tribune Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.