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Turkey's current accounts deficit reaches 51.3 bln US

11 June 2013 11:25 (Last updated 11 June 2013 11:27)

Turkey's CB announced, current accounts deficit was up to 51.3 billion USD year-on-year

Turkey's current accounts deficit was up to 51.3 billion USD in 2013 when compared to 2012.

The Central Bank of Turkey on Tuesday made public Turkey's current accounts deficit figures between January and April 2013 when compared to the same term of 2012. 

According to the results, the bank said the current accounts deficit was up 3.5 billion USD to 24.3 billion USD in the first four months of 2013 compared to the same term of last year. Foreign trade deficit increased 3.6 billion USD and reached 25.6 billion US dollars when compared to the same period of the previous year.

The bank said the current accounts deficit was up to 51.3 billion USD year-on-year.

Turkey's current accounts deficit in April was recorded as 8.1 billion USD.

Under the services account, in January-April 2013, the tourism revenues rose to 5.7 billion USD and the tourism expenditures increased to 1.5 billion USD compared to 2012.