Turkey's current account deficit increases 84.5 pct

Turkey's current account deficit increased 84.5 percent to 2.9 billion USD in May, 2010 when compared to May, 2009.

Turkey's current account deficit increases 84.5 pct

 

Turkey's current account deficit increased 84.5 percent to 2.9 billion USD in May, 2010 when compared to May, 2009.

Central Bank stated on Monday that current account deficit had been 1.6 billion USD in May, 2009.

Also, Turkey's foreign trade deficit rose 44.7 percent to 3.5 billion USD in May, 2010 when compared to May, 2009.

Net revenues obtained from balance of services dropped 22.6 percent to 898 million USD in May, 2010 when compared to May, 2009.

Current account deficit, which had been 5.1 billion USD in the first five months of 2009, increased to 12.4 billion USD in the same period of 2010.
 

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Güncelleme Tarihi: 12 Temmuz 2010, 18:09
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