Turkey - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Turkey was -3.81 as of 2020. Its highest value over the past 60 years was 4.49 in 2001, while its lowest value was -7.32 in 2011.
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 | -1.62 |
| 1961 | -1.67 |
| 1962 | -2.37 |
| 1963 | -2.79 |
| 1964 | -0.99 |
| 1965 | -0.84 |
| 1966 | -1.58 |
| 1967 | -0.85 |
| 1968 | -1.40 |
| 1969 | -1.14 |
| 1970 | -1.93 |
| 1971 | -2.93 |
| 1972 | -2.53 |
| 1973 | -2.06 |
| 1974 | -5.55 |
| 1975 | -6.81 |
| 1976 | -5.81 |
| 1977 | -6.89 |
| 1978 | -3.14 |
| 1979 | -2.66 |
| 1980 | -6.77 |
| 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 | 0.94 |
| 1999 | -0.04 |
| 2000 | -2.59 |
| 2001 | 4.49 |
| 2002 | 2.23 |
| 2003 | -0.21 |
| 2004 | -1.58 |
| 2005 | -2.39 |
| 2006 | -3.97 |
| 2007 | -4.07 |
| 2008 | -3.42 |
| 2009 | -0.05 |
| 2010 | -4.31 |
| 2011 | -7.32 |
| 2012 | -4.11 |
| 2013 | -4.94 |
| 2014 | -3.36 |
| 2015 | -2.03 |
| 2016 | -2.16 |
| 2017 | -3.68 |
| 2018 | -0.25 |
| 2019 | 2.58 |
| 2020 | -3.81 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
