Macro Analysis /
Turkey

Turkey: Current account deficit at US$2.61bn in Feb (consensus: US$2.50bn)

  • 12M Trailing Current Account Deficit realised as US$37.79bn in Feb’21

  • 12M Trailing Current Account Deficit/GDP ratio realised as 5.3% in Feb’21

  • We expect Current Account Deficit (C/A) and CAD/GDP to be US$32bn and 4.9%, respectively in 2021

Zeynep Erman
Zeynep Erman

Equity Research Analyst

ATA Invest
12 April 2021
Published by

In Feb21, there was a net inflow of US$0.3bn to portfolio investments (Jan’21: +US$4.83bn).

 12M Trailing Current Account Deficit realised as US$37.79bn in Feb’21. 12M Trailing Current Account Deficit/GDP ratio realised as 5.3% in Feb’21.

 We expect Current Account Deficit (C/A) and CAD/GDP to be US$32bn and 4.9%, respectively in 2021.