FX.co ★ Turkey's Current Account Swings to Deficit in November

In a surprising turn of events, Turkey's current account for November 2025 showcased a significant deficit, figures released on January 13, 2026, reveal. The latest data marks a shift from a modest surplus of $0.46 billion in October 2025 to a striking deficit of $4.00 billion for the following month.

This drastic change in Turkey's current account highlights the complexities and challenges the nation's economy is facing. The transition from a surplus to a large deficit in such a short period underscores potential external and internal economic pressures.

Economists are keenly analyzing the factors behind this substantial shift and are speculating on potential implications for Turkey's financial stability and currency valuation. The financial world will be closely watching how Turkey navigates these economic currents as they move into the new year. For now, the focus remains on understanding the driving forces behind this abrupt and concerning development.