While the balance of payments had a deficit of 3 billion 210 million dollars in December 2020, the current account deficit in 2020 was 36 billion 724 million dollars.
Central Bank of the Republic of Turkey (CBRT) by December 2020 to pay for the balance of the period have been announced. The current account deficit increased by $ 473 million compared to December 2019 and reached $ 3 billion 210 million in December 2020. As a result, the current account deficit in 2020 was 36 billion 724 million dollars.
Net inflows from the services balance decreased by $ 1163 million to $ 644 million and the secondary income balance decreased by $ 168 million to $ 80 million.
The current account, excluding gold and energy, gave a surplus of $ 1 billion 579 million in December 2019, and a surplus of $ 940 million in December 2020.
The foreign trade deficit, defined in the balance of payments, decreased by 329 million dollars compared to the same month of 2019 and decreased to 3 billion 344 million dollars.
Net revenues from the travel item under the services balance decreased by $ 495 million compared to the same month of 2019, to $ 617 million. Net outflows originating from the primary income balance decreased by $ 529 million compared to the same month of 2019, reaching $ 590 million.
Economists who participated in the survey conducted by AA Finans expected the current account to have a deficit of $ 3.6 billion in December. On the other hand, the current account deficit in November 2020 was revised from $ 4 billion 63 million to $ 3 billion 633 million.
Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.
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