Türkiye registers current account deficit of $5.3B in April

Goods deficit totals at $7.6B, services post net inflow of $3.1B

By Tuba Ongun

ANKARA (AA) – Türkiye's current account balance posted a $5.3 billion deficit in April, the country’s Central Bank announced on Monday.

The figure widened from a $4.4 billion deficit in March and $5.1 billion in April 2023, the bank’s data showed.

The gold- and energy-excluded current account recorded a $597 million gap in the month, the bank said.

The goods deficit reached $7.6 billion in April, while the services sector ran a net surplus of $3.1 billion. Under the services sector, travel had a net inflow of $2.5 billion in April.

In January-April, the current account balance saw a $16.1 billion deficit, decreasing from $29.7 billion in the same period last year.

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