FX.co ★ Turkey’s Current Account Deficit Narrows in January, Easing to $6.81 Billion

Turkey’s current account deficit narrowed at the start of 2026, with the gap shrinking to $6.81 billion in January from $7.25 billion in December 2025, according to data updated on 12 March 2026.

The moderation in the deficit, measured in U.S. dollars, suggests a modest improvement in Turkey’s external balance position month-on-month. While the current account remains in negative territory, the reduced shortfall could be interpreted by markets as a tentative sign of easing pressure on the country’s external financing needs.

Investors and analysts will now be watching upcoming data to see whether January’s narrowing deficit marks the beginning of a more sustained trend or a temporary adjustment in Turkey’s current account dynamics.