Turkey - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Turkey was ($40,556,060,000.00) as of 2010. Over the past 50 years, the value for this indicator has fluctuated between $8,086,264,000.00 in 2001 and ($40,556,060,000.00) in 2010.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 ($216,024,500.00)
1961 ($143,193,000.00)
1962 ($217,791,400.00)
1963 ($296,592,600.00)
1964 ($118,791,400.00)
1965 ($106,590,600.00)
1966 ($226,690,000.00)
1967 ($136,888,800.00)
1968 ($246,888,800.00)
1969 ($227,333,300.00)
1970 ($326,608,700.00)
1971 ($472,682,200.00)
1972 ($516,325,100.00)
1973 ($529,540,700.00)
1974 ($1,973,576,000.00)
1975 ($3,035,037,000.00)
1976 ($2,976,765,000.00)
1977 ($4,042,162,000.00)
1978 ($2,046,619,000.00)
1979 ($2,380,442,000.00)
1980 ($4,653,502,000.00)
1981 ($3,315,764,000.00)
1982 ($2,034,788,000.00)
1983 ($2,519,500,000.00)
1984 ($2,439,609,000.00)
1985 ($2,088,001,000.00)
1986 ($2,112,398,000.00)
1987 ($1,897,407,000.00)
1988 $1,000,387,000.00
1989 ($1,690,547,000.00)
1990 ($6,347,676,000.00)
1991 ($4,219,717,000.00)
1992 ($4,697,907,000.00)
1993 ($10,229,010,000.00)
1994 $1,278,686,000.00
1995 ($7,558,090,000.00)
1996 ($11,403,920,000.00)
1997 ($11,023,490,000.00)
1998 $3,116,502,000.00
1999 $384,355,300.00
2000 ($7,987,433,000.00)
2001 $8,086,264,000.00
2002 $3,800,863,000.00
2003 ($3,161,714,000.00)
2004 ($10,329,900,000.00)
2005 ($16,885,590,000.00)
2006 ($26,073,260,000.00)
2007 ($33,397,290,000.00)
2008 ($32,374,100,000.00)
2009 ($6,793,181,000.00)
2010 ($40,556,060,000.00)

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Turkey was -60,955,770,000.00 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 9,910,525,000.00 in 2001 and a minimum value of -60,955,770,000.00 in 2010.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 -1,051.18
1961 -1,288.74
1962 -1,960.12
1963 -2,669.33
1964 -1,069.12
1965 -959.32
1966 -2,040.21
1967 -1,232.00
1968 -2,222.00
1969 -2,046.00
1970 -3,756.00
1971 -7,051.00
1972 -7,306.00
1973 -7,493.00
1974 -27,486.00
1975 -43,832.00
1976 -47,786.00
1977 -72,767.00
1978 -49,696.00
1979 -73,976.99
1980 -353,843.00
1981 -368,776.00
1982 -330,761.00
1983 -568,038.90
1984 -894,555.90
1985 -1,089,901.00
1986 -1,424,834.00
1987 -1,626,400.00
1988 1,422,900.00
1989 -3,586,800.00
1990 -16,558,800.00
1991 -17,603,900.00
1992 -32,286,000.00
1993 -112,361,600.00
1994 37,849,100.00
1995 -346,160,500.00
1996 -928,279,200.00
1997 -1,674,467,000.00
1998 812,472,000.00
1999 160,968,000.00
2000 -4,993,743,000.00
2001 9,910,525,000.00
2002 5,728,661,000.00
2003 -4,745,417,000.00
2004 -14,725,270,000.00
2005 -22,687,480,000.00
2006 -37,245,660,000.00
2007 -43,513,330,000.00
2008 -42,134,900,000.00
2009 -10,529,430,000.00
2010 -60,955,770,000.00

External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Turkey was -4,154,513,000.00 as of 2010. As the graph below shows, over the past 23 years this indicator reached a maximum value of 3,632,373,000.00 in 2001 and a minimum value of -4,638,810,000.00 in 2007.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1987 147,304,900.00
1988 1,270,860,000.00
1989 941,036,800.00
1990 -491,364,500.00
1991 39,379,750.00
1992 48,995,430.00
1993 -1,864,978,000.00
1994 1,285,835,000.00
1995 -175,247,400.00
1996 -79,086,500.00
1997 -468,971,500.00
1998 812,472,000.00
1999 -261,040,000.00
2000 -1,089,723,000.00
2001 3,632,373,000.00
2002 2,135,507,000.00
2003 -235,508,000.00
2004 -2,066,764,000.00
2005 -3,194,635,000.00
2006 -3,468,337,000.00
2007 -4,638,810,000.00
2008 -2,710,437,000.00
2009 82,169,610.00
2010 -4,154,513,000.00

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Turkey was -5.52 as of 2010. Its highest value over the past 50 years was 4.13 in 2001, while its lowest value was -6.89 in 1977.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 -1.54
1961 -1.79
1962 -2.44
1963 -2.87
1964 -1.06
1965 -0.89
1966 -1.61
1967 -0.87
1968 -1.41
1969 -1.17
1970 -1.91
1971 -2.91
1972 -2.53
1973 -2.06
1974 -5.54
1975 -6.80
1976 -5.80
1977 -6.89
1978 -3.14
1979 -2.66
1980 -6.76
1981 -4.67
1982 -3.15
1983 -4.08
1984 -4.07
1985 -3.11
1986 -2.79
1987 -2.18
1988 1.10
1989 -1.58
1990 -4.21
1991 -2.79
1992 -2.95
1993 -5.67
1994 0.98
1995 -4.46
1996 -6.28
1997 -5.81
1998 1.16
1999 0.15
2000 -3.00
2001 4.13
2002 1.63
2003 -1.04
2004 -2.63
2005 -3.50
2006 -4.91
2007 -5.16
2008 -4.43
2009 -1.11
2010 -5.52

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts