2026.03.1207:28:22UTC+00Turkey Current Account Deficit Widens in January

Turkey’s current account deficit widened to $6.81 billion in January 2026, up from $4.03 billion in the same month a year earlier. The goods deficit increased to $6.97 billion from $5.55 billion in January 2025, while the services surplus narrowed to $2.64 billion from $3.04 billion.

Meanwhile, the primary income deficit expanded to $2.17 billion from $1.36 billion, and the secondary income surplus rose to $0.31 billion from $0.15 billion a year earlier. Excluding gold and energy, the current account posted a deficit of $1.23 million in January 2026, compared with a surplus of $2.16 billion in the same month of the previous year.