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Cari balance showed a deficit in February

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In February, Turkey’s current account showed a deficit of 4.405 billion dollars. According to the balance of payments data announced by the Central Bank of the Republic of Turkey (CBRT), the current account showed a deficit of 4.405 billion dollars in February 2025. Excluding gold and energy, there was a surplus of 2.158 billion dollars in the current account during this period. The balance of payments defined trade deficit reached 5.730 billion dollars in February. When annualized, the current deficit in February was approximately 12.8 billion dollars, while the balance of payments defined trade balance showed a deficit of 58.8 billion dollars. During the same period, the services balance and the secondary income balance showed surpluses of 62 billion dollars and 246 million dollars, respectively. However, there was a deficit of 16.4 billion dollars in the primary income balance. Net inflows from services amounted to 2.453 billion dollars in February, where net earnings from transportation services and travel were 1.167 billion dollars and 2.006 billion dollars, respectively.

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