Turkey: Foreign exchange reserves

* indicates monthly or quarterly data series
 Turkey

Foreign exchange reserves, billion currency units

 Latest value 124.29
 Reference April 2024
 Measure billion U.S. Dollar
 Data availability January 1981 - April 2024
 Average 49.8
 Min - Max 0.93 - 140.88
 Source Central Bank of the Republic of Turkey
For that indicator, we provide data for Turkey from January 1981 to April 2024. The average value for Turkey during that period was 49.8 billion U.S. Dollar with a minimum of 0.93 billion U.S. Dollar in June 1983 and a maximum of 140.88 billion U.S. Dollar in December 2023. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Turkey - Foreign exchange reserves - recent values

Historical chart
Turkey - Foreign exchange reserves - historical chart - 1981-2024
Measure: billion U.S. Dollar
Source: Central Bank of the Republic of Turkey


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest value Reference Measure
 Terms of trade 88.64 2021 percent
 Trade openness 81.17 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 38.58 2022 percent
 Exports, billion dollars 350.00 2022 billion U.S. dollars
 Growth of exports 9.93 2022 percent
 Imports, percent of GDP 42.59 2022 percent
 Imports, billion dollars 386.30 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.44 2022 percent
 Foreign Direct Investment, billion dollars 13.09 2022 billion U.S. dollars
 Portfolio investment inflows, equities -4,038.00 2022 million dollars (current)
 Current account, percent of GDP -4.07 2023 percent
 Current account, in dollars -48.75 2022 billion U.S. dollars
 Trade balance, percent of GDP -4.00 2022 percent
 Trade balance, in dollars -39.81 2022 billion U.S. dollars
 Reserves 123.74 2022 billion U.S. dollars
 Remittances, percent of GDP 0.08 2022 percent
 Remittances 694.00 2022 million U.S. dollars
 Net errors and omissions 27,449.00 2022 million USD
 External debt 51.05 2022 percent
 Short-term external debt 32.31 2022 percent
 Short-term debt to reserves 119.78 2022 percent
 Foreign exchange reserves 122.20 9/2023 billion
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