External balance on goods and services in Turkey
Turkey: External balance on goods and services was -148.18 billion current LCU in 2025. ◆ Volatile
External balance on goods and services in Turkey, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Turkey recorded -148.18 billion current LCU for external balance on goods and services in 2025.
The figure is down 161.8% on the previous year and down 379.3% over ten years.
Over the whole period, external balance on goods and services in Turkey peaked at 239.72 billion current LCU in 2024 and was at its lowest, -554.16 billion current LCU, in 2022.
That places Turkey 140th out of 192 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -1,610 current LCU | -2,600 current LCU | -900 current LCU | 10 |
| 1970s | -34,140 current LCU | -74,000 current LCU | -3,800 current LCU | 10 |
| 1980s | -882,120 current LCU | -3.59 million current LCU | 1.42 million current LCU | 10 |
| 1990s | 53.35 million current LCU | -112.36 million current LCU | 670.73 million current LCU | 10 |
| 2000s | -9.15 billion current LCU | -32.61 billion current LCU | 11.52 billion current LCU | 10 |
| 2010s | -31.80 billion current LCU | -96.33 billion current LCU | 153.25 billion current LCU | 10 |
| 2020s | -179.67 billion current LCU | -554.16 billion current LCU | 239.72 billion current LCU | 6 |
Countries ranked near Turkey
- 137 North Macedonia -143.47 billion current LCU compare
- 138 Albania -145.93 billion current LCU compare
- 139 Guatemala -145.93 billion current LCU compare
- 141 Morocco -156.26 billion current LCU compare
- 142 New Caledonia -160.12 billion current LCU compare
- 143 Comoros -176.53 billion current LCU compare
More economy & growth data for Turkey
- DEC alternative conversion factor 39.45 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -21.38 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -542.00 million current US$ (2025)
- Taxes less subsidies on products 7.15 trillion current LCU (2025)
- Taxes less subsidies on products 181.18 billion current US$ (2025)
- Net primary income (Net income from abroad) -917.68 billion current LCU (2025)
- Net primary income (Net income from abroad) -23.26 billion current US$ (2025)
- GNI per capita 723,152 current LCU (2025)
- GNI per capita, Atlas method 16,300 current US$ (2025)
- GNI 62.10 trillion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Turkey?
- External balance on goods and services in Turkey was -148.18 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Turkey?
- The highest recorded value was 239.72 billion current LCU in 2024.
- What is the lowest external balance on goods and services recorded in Turkey?
- The lowest recorded value was -554.16 billion current LCU in 2022.
- How does Turkey rank for external balance on goods and services?
- Turkey ranks 140th out of 192 countries with data for 2025.
- Is external balance on goods and services rising or falling in Turkey?
- Over the last ten years it is down 379.3%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.