FX.co ★ Turkey Current Account Surplus Hits All-Time High

In August 2025, Turkey's current account surplus expanded to $5.4 billion, compared to $4.9 billion in the same month of the previous year, surpassing market expectations of a $5.3 billion surplus. This achievement represents the largest monthly surplus since record-keeping began in 1984. The increase is primarily attributed to the services account surplus, which rose to $9.5 billion from $9.2 billion the year prior. Additionally, the goods account deficit narrowed slightly to $2.8 billion from $2.9 billion, and the primary income deficit decreased to $1.2 billion from $1.5 billion. In contrast, the secondary income deficit grew to $0.023 billion, up from $0.005 billion.