Balance of Payments - May 2025
Alper Gürler
alper.gurler@isbank.com.trH. Erhan Gül
erhan.gul@isbank.com.trDilek Sarsın Kaya
dilek.kaya@isbank.com.trNurgül Türkmen
nurgul.turkmen@isbank.com.trCurrent account deficit narrowed to 684 million USD in May.
In May, current account posted a deficit of 684 million USD, below the market expectations. Market expectations were shaped around 830 million USD for current account deficit in this period. In January-May period, current account deficit increased by 38.5% yoy to 21 billion USD, while 12-month cumulative current account deficit was realized as 16 billion USD, the highest level since June last year.
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