Financial account balance (assets less liabilities), Net (net) in Turkey
Turkey: Financial account balance (assets less liabilities), Net (net) was -28.37 billion in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Turkey, 2005–2024
Source: International Monetary Fund.
Analysis
Turkey recorded -28.37 billion for financial account balance (assets less liabilities), net (net) in 2024.
That represents a change of up 44.8% on the previous year and up 28.3% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Turkey peaked at 5.33 billion in 2019 and was at its lowest, -62.35 billion, in 2011.
Turkey ranks 191st of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -19.51 billion | — |
| 2006 | -33.83 billion | +73.4% |
| 2007 | -36.78 billion | +8.7% |
| 2008 | -33.92 billion | -7.8% |
| 2009 | -10.66 billion | -68.6% |
| 2010 | -51.45 billion | +382.7% |
| 2011 | -62.35 billion | +21.2% |
| 2012 | -47.40 billion | -24.0% |
| 2013 | -54.97 billion | +16.0% |
| 2014 | -39.56 billion | -28.0% |
| 2015 | -18.12 billion | -54.2% |
| 2016 | -16.72 billion | -7.7% |
| 2017 | -49.67 billion | +197.0% |
| 2018 | 1.25 billion | -102.5% |
| 2019 | 5.33 billion | +326.9% |
| 2020 | -38.73 billion | -827.1% |
| 2021 | 3.53 billion | -109.1% |
| 2022 | -17.50 billion | -595.3% |
| 2023 | -51.40 billion | +193.8% |
| 2024 | -28.37 billion | -44.8% |
Turkey compared with similar countries
- Turkey's -28.37 billion is below the median for upper middle income countries, which is -625.20 million, 45.4× the median. (54 countries reporting)
- Turkey's -28.37 billion is below the median for Europe & Central Asia, which is 392.56 million. (49 countries reporting)
Biggest year-on-year movements
Years where Financial account balance (assets less liabilities), Net (net) in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -827.1% | 5.33 billion | -38.73 billion |
| 2022 | -595.3% | 3.53 billion | -17.50 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -26.94 billion | -36.78 billion | -10.66 billion | 5 |
| 2010s | -33.37 billion | -62.35 billion | 5.33 billion | 10 |
| 2020s | -26.49 billion | -51.40 billion | 3.53 billion | 5 |
Countries ranked near Turkey
More external debt data for Turkey
- Net financial flows, IBRD 854.28 million NFL, current US$ (2025)
- IFC, private nonguaranteed (NFL, US$), per capita -0.8193 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 1,027 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), per capita -0.0109 NFL, current US$ per person (2022)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2022)
- Net financial flows, IDA (NFL, current US$), per square kilometre -1.2 NFL, current US$ per square kilometre (2022)
- Use of IMF credit 7.58 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 188.58 billion DOD, current US$ (2025)
- External debt stocks, long-term 399.46 billion DOD, current US$ (2025)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in Turkey?
- Financial account balance (assets less liabilities), net (net) in Turkey was -28.37 billion in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Turkey?
- The highest recorded value was 5.33 billion in 2019.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Turkey?
- The lowest recorded value was -62.35 billion in 2011.
- How does Turkey rank for financial account balance (assets less liabilities), net (net)?
- Turkey ranks 191st out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Turkey?
- Over the last ten years it is up 28.3%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.