Türkiye's current account deficit at $3.67B in November 2022

While goods deficit amounts to $7.12B, services post a net surplus of $3.68B, official data shows

By Tuba Sahin

ANKARA (AA) - Türkiye's current account balance registered a $3.67 billion deficit in November 2022, according to official data released on Wednesday.

The figure widened from a downwardly revised deficit of $2.1 billion in November 2021, the Turkish Central Bank data showed.

The gold- and energy-excluded current account posted a $5.27 billion surplus.

While the goods deficit amounted to $7.12 billion, the services posted a net surplus of $3.68 billion, the bank said.

In October, the current account had a deficit of $352 million.

A group of 12 economists surveyed by Anadolu Agency on Monday projected the current account gap for November 2022 would come in at $3 billion.

In the January-November 2022 period, the current account deficit reached $41.8 billion.

According to the survey, the forecast for the end-2022 current account balance deficit was $46.8 billion.

Be the first to comment
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.

Money News