Current Account Records Surplus in Turkey's Economy in July

Serdar HocamAuthor & Editor

Turkey's current account balance posted a surplus of 36 million dollars in July, marking the first surplus since October 2025 in a significant development.

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Turkey's current account balance recorded a surplus of 36 million dollars in July for the first time since October 2025, while Treasury and Finance Minister Mehmet Şimşek made evaluations regarding the matter.

July Data

While Turkey's current account balance recorded a surplus of 36 million dollars in July, the current account excluding gold and energy also posted a surplus of 4 billion 972 million dollars.

Foreign Trade Deficit

According to the balance of payments data announced by the Central Bank, the foreign trade deficit defined by the balance of payments materialized at 5 billion 579 million dollars in July.

Annualized Figures

According to annualized data, the current account deficit was approximately 40.7 billion dollars in July, and the balance of payments-defined foreign trade balance also gave a deficit of 77.2 billion dollars.

Statements by Minister Şimşek

Treasury and Finance Minister Mehmet Şimşek stated that our exporters have maintained their position during this period when uncertainties and cost pressures in global trade have increased.