Türkiye - Balance of Goods





Türkiye: Balance of Goods

Mnemonic TRBG.ITUR
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Monthly 3.72 %
Data Jan 2024 -4,448
Dec 2023 -4,620

Series Information

Source Central Bank of the Republic of Türkiye
Release Balance of Payments
Frequency Monthly
Start Date 12/31/1984
End Date 1/31/2024

Türkiye: Trade

Reference Last Previous Units Frequency
Balance of Goods Jan 2024 -4,448 -4,620 Mil. USD, NSA Monthly
Current Account Balance Jan 2024 -2,556 -2,126 Mil. USD, NSA Monthly
Exports of Goods Jan 2024 19,721 22,618 Mil. USD, NSA Monthly
Imports of Goods Jan 2024 24,169 27,238 Mil. USD, NSA Monthly
Exports of Goods and Services 2023 Q4 2,627,893,305 2,563,436,425 Ths. TRY, NSA Quarterly
Imports of Goods and Services 2023 Q4 2,685,152,519 2,584,345,201 Ths. TRY, NSA Quarterly
Net Exports 2023 Q4 -57,259,214 -20,908,776 Ths. TRY, NSA Quarterly
Real Exports of Goods and Services 2023 Q4 141,386,963 142,627,206 Ths. Ch. 2009 TRY, NSA Quarterly
Real Imports of Goods and Services 2023 Q4 141,633,689 127,331,576 Ths. Ch. 2009 TRY, NSA Quarterly
Real Net Exports 2023 Q4 -246,725 15,295,629 Ths. Ch. 2009 TRY, NSA Quarterly

Release Information

For Turkey, monthly detailed balance of payments presentation, per IMF BPM6.

Active:

  • Framework: IMF BPM6
  • Measurement: Millions of U.S. dollars (Mil. USD)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: 1984m1

Predecessors:

  • BPM6 - 1991 to 2019
  • BPM5 - 1991 to 2014

Balance of payments and international investment position statistics are compiled in accordance with the most recent "Balance of Payments and International Investment Position Manual (BPM)." It is prepared by the International Monetary Fund (IMF) to provide guidelines to countries and ensure consistent and comparable statistics.

Balance of payments is a statistical statement that records all economic transactions of residents in an economy for a specific time period. Economic transactions include:

  • goods, services and income
  • transactions of financial assets and liabilities
  • transfers between residents and nonresidents for the provision of real and financial resources

Two basic concepts in the definition:

  • Economic territory: corresponds to the geographic territory administered by a government.
  • Residence: refers to an individual who regularly resides in an economic territory for more than one year or an institutional unit who engages in economic activities within the economic territory.

Standard Components

  • Current Account
    • Goods and services
    • Primary income
    • Secondary income
  • Capital account
  • Financial account
    • Direct investment
    • Portfolio investment
    • Financial derivatives
    • Other investment
  • Errors and omissions

Moody's Analytics supplements

We compute a seasonally adjusted version of the current account balance.

Subject to recent history revisions with every update.  

Subject to larger revisions when the Balance of Payments Manual is redefined.

Further reading

At the source