Turkey's international investment position deficit at 8-year peak

According to data from the Central Bank of the Republic of Turkey, as of the end of June, Turkey's international investment position deficit rose to $402.6 billion, while international liabilities reached a historical peak of $806.7 billion.

International Investment Position Deficit

According to data from the Central Bank of the Republic of Turkey, as of June, Turkey's international investment position deficit rose to $402.6 billion. This deficit marked the highest level recorded since the first quarter of 2018.

International Liabilities and Assets

Turkey's international liabilities saw a historical peak at $806.7 billion as of June. In the same period, international assets stood at the level of $404 billion.

Changes in Asset Items

Direct investments increased by 3.2 percent to $81.2 billion, while portfolio investments decreased by 11 percent to fall to $9.1 billion. The Central Bank's reserve assets decreased by 2.2 percent to $147.4 billion.

Distribution of Liability Items

When liability sub-items were examined, direct investments stood at $231.5 billion, portfolio investments at $154.8 billion, and other investments at $413.4 billion.