Turkey’s current account account account accounting 4 billion 650 million dollars in December, while the account of the current account of gold and energy, 2 billion 466 million dollars of dollars occurred.
According to the balance of payments announced by the Central Bank of the Republic of Turkey (CBRT), in December 2024, the current accounting account account account for 4 billion 650 million dollars.
During this period, the current account of the current accounts except gold and energy occurred of 2 billion 466 million dollars.
The foreign trade deficit with the balance of payments defined was 6 billion 243 million dollars in December. NET INTRODUCTIONS OF SERVICES BALANCE IN THIS During this period 3 billion 148 million dollars, transportation services and travelNet revenues caused by the pen was 1 billion 459 million dollars and 2 billion 142 million dollars respectively.
1 billion 668 million dollars net output of the primary income balance item, secondary income balance item 113 million dollars of net entrance was recorded.
ISTANBUL (AA) – According to the Central Bank of the Republic of Turkey (CBRT), a net output of 1 billion 138 million dollars due to direct investments in December and a net output of 1 billion 479 million dollars in portfolio investments was realized.
According to the balance of payments announced by the Central Bank of the Republic of Turkey (CBRT), in December 2024, the current accounting account account account for 4 billion 650 million dollars.
Accordingly, in 2024, the net direct investments to the financing of the current account deficit 4.7 billion dollars, net portfolio investments 11.7 billion dollars and loans contributed 26.2 billion dollars, net effective and deposits 14 billion dollars, commercial loans 5.4 billion dollars negatively. Central Bank’s net reserve increase was approximately 500 million dollars.
1 billion 138 million dollars of net inputs from direct investments in December and portfolio investments of 1 billion 479 million dollars in a net output was realized. In terms of sub -items, the total direct investments of the residents abroad to Turkey increased by 1 billion 972 million dollars and direct investments of domestic residents abroad increased by 834 million dollars.
In December, domestic residents made 234 million dollars of real estate purchases abroad and the residents abroad purchased 255 million dollars of net real estate in Turkey.
It was seen that the net purchases of $ 77 million in the stock market and the state domestic debt securities market in the stock market and made a net sales of $ 342 million in the market. Regarding the bond issuances abroad; 297 million dollars and $ 95 million net sales, bank exports, $ 54 million, were purchased for $ 54 million, respectively.
Banks, other sectors and general government in the use of credit from abroad, respectively 2 billion 816 million dollars, 1 billion 211 million dollars and 315 million dollars of net usage was realized.
The increase in banks’ credit usage was due to long -term loans of $ 3 billion 199 million. Under other investments, the domestic deposits of overseas banks, a total of $ 244 million in a net decrease in a net decrease of 512 million dollars in foreign currency and a net decrease in a net decrease of 268 million dollars in Turkish Liras.
Official reserves this month 1 billion 557 million dollars a net decrease in a net decrease.
Annual data on the balance of payments (million dollars) are as follows: 2024 December 2024 January-December
I -Current Transactions Account -4.650 -9.973
Goods, Service and Primary Income Balance (A+B+C) -4.763 -10.045
Goods and services balance (A+B) -3.095 5.734
A. Foreign Trade Balance -6.243 -56.258
Total goods exports 23.286 257.507
Total goods imports 29.529 313.765
1. General goods trade (defined balance of payments) -4.612 -42.839
1.1. Exports 22.916 253.825
1.1.1. Export FOB 23.443 261.853
1.1.2. Suitcase trade 430 1,929
1.1.3. Adaptation: other goods -957 -9.957
1.2. Import 27,528 296.664
1.2.1. Import Cif 32.221 344.019
1.2.2. Adaptation: Navlun and Insurance -2.591 -28.895
1.2.3. Adaptation: other goods -2.102 -18.460
2. Net Transit Trade Revenue 15 201
3. Non -monetary gold -1.646 -13.620
Exports 355 3,481
Import 2,001 17.101
B. Balance of Services 3.148 61.992
Income 8.874 115.249
Expenses 5,726 53.257
1. Manufacturing services for physical inputs of someone else 163 824
Income 172 883
Expenses 9 59
2. Maintenance and Repair Services 155 1.577
Income 242 2.205
Expenses 87 628
3. Transportation 1.459 19.081
Income 3.283 39.875
Expenses 1,824 20.794
3.1. Passenger 1,558 20.845
Income 1,647 21.898
Expenses 89 1.053
3.2. Navlun -15 -956
Income 1,293 13.751
EXPENSES 1.308 14.707
3.3. Other -84 -808
Income 343 4.226
Expenses 427 5.034
4. Travel 2,142 48.953
Income 2,863 56.311
Expenses 721 7.358
5. Construction 93 295
Income 95 312
Expenses 2 17
6. Insurance and Pension Services -178 -1.815
Income 329 2.925
Expenses 507 4.740
7. Financial Services 1 -142
Income 68 611
Expenses 67 753
8. Intellectual Property Rights Usage Fees -493 -3.727
Income 97 536
Expenses 590 4.263
9. Telecommunications, Computer and Information Services -113 -142
Income 612 4.856
Expenses 725 4.998
10. Other Business Services 3 -1,688
Income 1,045 6.099
Expenses 1,042 7.787
11. Personal, Cultural and Entertainment Services -16 -273
Income 45 334
Expenses 61 607
12. Official Services -68 -951
Income 23 302
Expenses 91 1.253
C. Primary Income Balance -1.668 -15.779
Income 1,092 9.542
Expenses 2,760 25.321
1. Fee Payments -80 -1.017
Income 40 509
Expenses 120 1.526
2. Investment Revenue -1.588 -14.762
Income 1,052 9.033
Expenses 2,640 23.795
2.1. Direct Investment -659 -4.111
Income 289 2.114
Expenses 948 6.225
2.2. Portfolio Investments -178 -3.804
Income 76 533
Expenses 254 4.337
2.3. Other Investments -751 -6.847
2.3.1. Interest Revenue 687 6.386
2.3.2. Interest Expenses 1,438 13.233
2.3.2.1. Long Matter 1,206 10.128
2.3.2.1.1. Central Bank 0 293
2.3.2.1.2. General Government 199 1,144
2.3.2.1.3. BANKS 375 3,111
2.3.2.1.4. Other Sectors 632 5.580
2.3.2.2. Short term 232 3,105
D. Secondary Income Balance 113 72
1. General Government 19 -176
2. Other sectors 94 248
2.1. Personal Transfers 29 473
2.1.1. Workers Revenues 7 106
2.1.2. Other Personal Transfers 22 367
2.2. Other Transfers 65 -225
II -Capital Account -9 -126
1. Produced and non -financial assets -9 -126
III -Finance Account -4.602 -22.795
1. Direct Investments -1.138 -4.661
1.1. Net Asset acquisition 834 6.596
1.1.1. Capital 674 5.496
Investment 711 6.580
For information: real estate acquisition 234 2.153
Liquidation 37 1.084
1.1.2. Other Capital (Net) 160 1,100
1.2. Net Obligation Formation 1.972 11.257
1.2.1. Capital 1.218 6.176
Investment 1,221 6,691
Liquidation 3 515
1.2.2. Other Capital (Net) 499 2.256
1.2.3. Real Estate (Net) 255 2.825
2. Portfolio Investments 1.479 -11.680
2.1. Net Asset acquisition 852 9.532
2.1.1. General Government 0 0
2.1.2. BANKS 73 45
2.1.3. Other sectors 779 9.487
2.2. Net Obligation Formation -627 21.212
2.2.1. Stocks 77 -2.507
2.2.1.1. Banks 114 -947
2.2.1.2. Other sectors -37 -1.560
2.2.2. Debt Securities -704 23.719
2.2.2.1. Central Bank 0 0
2.2.2.2. BANKS 48 3.332
2.2.2.2.1. Domestic -6 82
2.2.2.2.2. Overseas 54 3,250
2.2.2.3. General Government -639 16.474
2.2.2.3.1. Domestic -342 16.024
2.2.2.3.2. Overseas -297 450
2.2.2.4. Other sectors -113 3.913
2.2.2.4.1. Domestic -18 271
2.2.2.4.2. Overseas -95 3.642
3. Other Investments -3.386 -6.947
3.1. Effective and Deposits 1,623 13.971
3.1.1. Net Asset acquisition 1.151 12.440
3.1.1.1. BANKS 1.123 9,123
3.1.1.1.1. Foreign currency 1.326 5.675
3.1.1.1.2. Turkish Lira -203 3.448
3.1.1.2. Other sectors 28 3,317
3.1.2. Net Obligation Formation -472 -1.531
3.1.2.1. Central Bank -1.375 -11.866
3.1.2.1.1. Short term -1.375 -11.866
3.1.2.1.2. Long Term 0 0
3.1.2.2. Banks 903 10.335
3.1.2.2.1. Banks abroad 244 6.725
3.1.2.2.1.1 Foreign Currency 512 2.565
3.1.2.2.1.2 Turkish Lira -268 4.160
3.1.2.2.2. Overseas People 659 3,610
3.2. Loans -4.138 -26.243
3.2.1. Net Asset acquisition 204 2.261
3.2.1.1. Central Bank 0 0
3.2.1.2. BANKS 204 2,269
3.2.1.3. General Government 0 -8
3.2.2. Net Obligation Formation 4.342 28.504
3.2.2.1. Central Bank 0 0
3.2.2.1.1. Nations. Monetary Fund Loans 0 0
3.2.2.1.1.1. Usage 0 0
3.2.2.1.1.2. Refund 0 0
3.2.2.1.2. Short term 0 0
3.2.2.1.3. Long Term 0 0
3.2.2.1.3.1. Usage 0 0
3.2.2.1.3.2. Refund 0 0
3.2.2.2. Banks 2,816 24,956
3.2.2.2.1. Short term -383 14.718
3.2.2.2.2. Long Matter 3.199 10.238
3.2.2.2.2.1. Usage 7.019 35.260
3.2.2.2.2.2. Refund 3,820 25,022
3.2.2.3. General Government 315 679
3.2.2.3.1. Nations. Monetary Fund Loans 0 0
3.2.2.3.1.1. Usage 0 0
3.2.2.3.1.2. Refund 0 0
3.2.2.3.2. Short term 0 0
3.2.2.3.3. Long term 315 679
3.2.2.3.3.1. Usage 482 2,620
3.2.2.3.3.2. Refund 167 1.941
3.2.2.4. Other sectors 1.211 2,869
3.2.2.4.1. Short term -203 501
3.2.2.4.2. Long Matter 1,414 2.368
3.2.2.4.2.1. Usage 2,841 16.173
3.2.2.4.2.2. Refund 1.427 13.805
3.3. Commercial loans -866 5.391
3.3.1. Net Asset acquisition 2,300 9,172
3.3.2. Net Obligation Formation 3.166 3,781
3.3.2.1. Short term 3,121 3.554
3.3.2.2. Long term 45 227
3.4. Other assets and obligations -5 -66
3.4.1. Net asset acquisition 0 23
3.4.1.1. Central Bank 0 0
3.4.1.2. General Government 0 23
3.4.1.3. Other sectors 0 0
3.4.2. Net Obligation Formation 5 89
3.4.2.1. Central Bank 1 81
3.4.2.2. Other sectors 4 8
3.5. Special withdrawal Rights, SDR (Net Load.) 0 0
4. Reserve assets -1.557 493
4.1. International Monetary Fund Nezd. Assets 0 0
4.2. Official Reserves -1.557 493
4.2.1. Foreign exchange assets -2.318 -21.025
4.2.2. Securities 761 21.518
IV -Net error and omissions 57 -12.696
