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2025.09.1207:25:44UTC+00Turkey Current Account Turns Surplus in July

In July 2025, Turkey observed an expansion in its current-account surplus, which reached $1.77 billion compared to $1.39 billion in the same month the previous year, thereby concluding an eight-month streak of deficits. This positive shift was largely attributed to a rise in the services account surplus, which climbed to $8.02 billion from $7.71 billion. Meanwhile, the deficit in the goods account decreased to $4.64 billion from $5.07 billion. On the other hand, the primary-income deficit grew to $1.46 billion from $1.34 billion in July 2024, and the secondary-income balance switched to a deficit of $160 million, contrasting with a surplus of $90 million noted a year prior.

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