Trade Minister Ömer Bolat Announces August Current Account Surplus

Trade Minister Ömer Bolat made a written evaluation regarding the August balance of payments data announced by the Central Bank of the Republic of Turkey. Minister Bolat announced that the current account recorded a surplus of $4.1 billion in August 2026.

August Current Account Surplus

Trade Minister Ömer Bolat announced to the public that the current account gave a surplus of $4.1 billion in August, in line with the data released by the Central Bank of the Republic of Turkey.

Developments in the First 8 Months of the Year

While the current account deficit stood at $31.5 billion in the first 8 months of the year, the annualized current account deficit was recorded at a total level of $42.1 billion.

Exports and Service Revenues

Annualized service exports increased by 2.9 percent to reach $125.1 billion, with travel revenues in this category amounting to $60.1 billion and transportation revenues to $44.3 billion.