The annual current account deficit was 45 billion dollars.
The Central Bank announced the balance of payments statistics for November. The current account deficit was 41.8 billion dollars between January and November. The current account deficit in November was 3.6 billion dollars.
The balance of payments defined foreign trade deficit was 7.1 billion dollars. In November, the current account, excluding gold and energy, posted a surplus of $5.2 billion.
Current account surplus excluding gold and energy
In the January-November period, the current account, excluding gold and energy, posted a surplus of 48.3 billion dollars.
Inflows from the balance of services amounted to 3.6 billion dollars. Under this item, net revenues arising from the travel item amounted to $2.6 billion.
Net error omission 22.3 billion dollars
Net errors and omissions increased by $899 million in November. Net errors and omissions were recorded as 22.3 billion dollars in 11 months.
Net errors and omissions amounted to $11.9 billion in the same period of 2021.
Net inflows from direct investments were recorded as 775 million dollars.
Reserves increased by $3.6 billion
Portfolio investments recorded a net inflow of $538 million. When analyzed by sub-items, it is seen that non-residents made a net purchase of 300 million dollars in the stock market and a net sales of 65 million dollars in the government domestic debt securities market.
t24.com.tr
