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ECONOMY

Türkiye’s current account deficit at $2.7B in November 2023

ISTANBUL

Türkiye’s current account deficit was at $2.72 billion in November, the country’s Central Bank said on Friday.

The current account balance posted a surplus of $2.15 billion when gold and energy items are excluded, the bank added.

The goods deficit was at $4.4 billion in November, while the services sector recorded a net surplus of $3 billion.

Travel items, under services, saw a net inflow of $2.35 billion during the month.

“Primary income recorded a net outflow of $1,325 million, whereas secondary income indicated a net inflow of $13 million,” it said.

It added that direct investments in November saw a net inflow of $921 million.

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