Turkey’s Current Account Deficit Eases in March 2025
(MENAFN) Turkey’s current account posted a deficit of $4.08 billion in March 2025, the Central Bank reported on Tuesday. This marks a slight improvement from the $4.12 billion deficit recorded in March 2024.
The goods sector experienced a deficit of $4.84 billion, while services contributed a net surplus of $2.67 billion for the month.
Excluding gold and energy, the current account showed a net surplus of $1.47 billion in March.
In the first quarter of 2025, Turkey’s current account deficit totaled $12.28 billion. The goods sector saw a deficit of $15.8 billion, while services recorded a surplus of $8 billion.
Over the past year, the 12-month rolling current account deficit stood at $12.6 billion in March. In the same period, the goods sector posted a deficit of $58.1 billion, while services achieved a surplus of $61.8 billion.
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