According to the CBRT’s statement, the current account balance gave a surplus of 4 billion 053 million dollars in August.
The current balance, excluding gold and energy, gave a surplus of 8.21 million dollars.
The statement made by the CBRT is as follows:
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The current account had a surplus of 4 billion 622 million dollars in August 2025. Accordingly, the current account surplus in August decreased by 12.31 percent compared to the same month last year.
The current account, excluding gold and energy, gave a surplus of 8 billion 205 million dollars in the same month. The balance of payments defined foreign trade deficit was 3 billion 746 million dollars. During this period, total exports of goods were 23 billion 327 million dollars and total imports of goods were 27 billion 73 million dollars. In the same month last year, foreign trade deficit was 2 billion 800 million dollars, goods exports were 21 billion 409 million dollars, and goods imports were 24 billion 209 million dollars.
In the January-August period, the current account had a deficit of 31 billion 498 million dollars. The current account deficit was recorded as 19 billion 671 million dollars in the same period of 2025. Thus, the current account deficit in the first 8 months of the year increased by 60.12 percent compared to the same period of the previous year.
According to annual data, the current account deficit was approximately 42.1 billion dollars in August, while the foreign trade balance, defined as the balance of payments, had a deficit of 78.4 billion dollars. In the same period, the services balance had a surplus of 63.9 billion dollars, while the primary income balance and secondary income balance had a deficit of 25.6 billion dollars and 1.9 billion dollars, respectively.
Net inflows from the services balance were at the level of 9 billion 711 million dollars in August. Under this item, net revenues from transportation services were 3 billion 265 million dollars, and net revenues from travel item were 7 billion 285 million dollars. The primary income balance had a deficit of 1 billion 894 million dollars this month, and the secondary income balance had a deficit of 18 million dollars.
While net portfolio investments contributed 5.5 billion dollars, loans 47.1 billion dollars and commercial loans 0.5 billion dollars to the financing of the annualized current account deficit, financial derivatives had a negative impact of 4.8 billion dollars, net direct investments 0.9 billion dollars and net effectives and deposits 17.7 billion dollars. The decrease in the Central Bank’s net reserves in foreign currency was 30.1 billion dollars.
In August, net inflows from direct investments were recorded as 141 million dollars. While the total direct investments of non-residents to Türkiye increased by 719 million dollars, the direct investments of domestic residents abroad increased by 578 million dollars. In real estate investments, domestic residents purchased 142 million dollars of real estate abroad, and non-residents purchased 244 million dollars of net real estate in Türkiye.
Portfolio investments recorded a net outflow of 1 billion 34 million dollars in August. Non-residents made net purchases of 1 billion 50 million dollars in the stock and investment fund markets and 77 million dollars in the Government Domestic Debt Securities (GDDS) market. Regarding bond issues abroad, non-residents made a net purchase of 34 million dollars in the issuances of other sectors, and a net sale of 122 million dollars and 201 million dollars in the issuances of banks and the General Government, respectively.
While banks made a net use of 2 billion 186 million dollars and other sectors made a net use of 1 billion 230 million dollars in loans from abroad, the General Government made a net repayment of 82 million dollars.
Under other investments, domestic deposits of foreign banks recorded a net increase of 17 million dollars, with a net decrease of 872 million dollars in Turkish lira and a net increase of 889 million dollars in foreign currency.
There was a net increase of 7 billion 138 million dollars in official reserves in August. “Net errors and omissions item amounted to 4 billion 518 million dollars this month.”
