FX.co ★ Turkey Current Account Surplus Narrows

Turkey’s current account surplus narrowed to $4.05 billion in August 2026, down from $4.62 billion in the same month a year earlier. The goods trade deficit widened to $3.75 billion from $2.80 billion, as imports rose to $27.07 billion, outpacing exports of $23.33 billion. In contrast, the services surplus increased to $9.71 billion from $9.34 billion. The primary income deficit inched down to $1.89 billion from $1.90 billion, while the secondary income deficit eased slightly to $18 million from $21 million. Over the first eight months of 2026, Turkey’s current account deficit expanded to $31.50 billion, compared with $19.67 billion in the same period a year earlier.