FX.co ★ Turkey Current Account Gap Smallest in 5 Months

Turkey’s current account recorded a deficit of $5.70 billion in April 2026, the smallest shortfall since November 2025 and an improvement from the $8.45 billion deficit posted in the same month a year earlier. The goods account deficit narrowed to $6.82 billion from $9.89 billion in April 2025, while the primary income deficit was broadly unchanged at $2.40 billion, compared with $2.38 billion a year earlier. By contrast, the secondary income deficit widened slightly to $0.15 billion from $0.10 billion. The services account surplus also declined, slipping to $3.67 billion from $3.94 billion. Excluding gold and energy, the current account showed a surplus of $0.32 billion. Over the first four months of the year, the current account deficit widened to $29.37 billion, up from $22.59 billion in the corresponding period of 2025.