Türkiye Current Account Gap Seen Soaring to USD51.9B

(MENAFN) Türkiye’s current account deficit is projected to expand sharply in March, with economists forecasting a monthly shortfall of roughly $9.53 billion and a full-year deficit nearing $52 billion, according to a survey conducted by media.

The poll, which included 12 economists ahead of balance of payments data due Wednesday from Türkiye’s Central Bank, pointed to mounting external financing pressures in the country’s economy.

Analysts estimated Türkiye’s March current account deficit within a range of $6 billion to $10.5 billion. The median forecast of $9.53 billion would represent a significant increase from February’s $7.5 billion deficit.

Türkiye’s annualized current account deficit had already reached $35.4 billion by the end of February. If March figures match expectations, the yearly gap would widen considerably, underscoring persistent imbalances in trade and external accounts.

Economists also offered sharply differing outlooks for the remainder of the year. Forecasts for Türkiye’s 2025 current account deficit ranged from $35 billion to as high as $62 billion, reflecting uncertainty over imports, energy costs, and capital flows.

MENAFN12052026000045017169ID1111103428