Current account deficit realizes as $2,8 billion in Turkey

The current account deficit recorded USD 2,798 million indicating an increase of USD 1,731 million compared to December of 2018, bringing the 12-month rolling surplus to USD 1,674 million, said the country's Central Bank in a statement on Friday.
14.02.2020 11:35:25 / English News

According to the statement, this development in the current account is mainly attributable to USD 2,089 million increase in the goods deficit recording net outflow of USD 3,402 million, as well as USD 93 million increase in primary income deficit to USD 1,087 million.

Gold and energy excluded current account surplus recorded USD 1,454 million indicating a decrease of USD 1,429 million compared to December of 2018.

Travel item under services recorded a net inflow of USD 1,112 million, increasing by USD 214 million compared to December of 2018.

Investment income under primary income item indicated a net outflow of USD 955 million increasing by USD 75 million in comparison to December of 2018.

Secondary income recorded net inflow of USD 291 million increasing by USD 165 million in comparison to December of 2018. (ILKHA)