Germany current account balance with Turkey
Germany current account balance with Turkey stood at -288.61 EUR million in Aug 2026, according to Deutsche Bundesbank. It is one of the indicators in the Current account by partner country table (Value · Monthly), with a complete series running from Jan 1971 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Current account by partner country table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Other European countries | |||||||||||
| Turkey | -288.61 | -471.27 | 5.65 | -43.7 | 388.15 | 407.33 | 462.27 | 153.2 | 646.8 | 109.2 | |
| Switzerland | 1,371.62 | 893.75 | 1,198.37 | 209.44 | 859.44 | 2,887.95 | 1,287.25 | 1,855.52 | -2,573.04 | 1,402.65 |
Understanding germany current account balance with Turkey
Encompassing the totality of merchandise trade, service provisions, and income distributions, this exact series calibrates the unadjusted macroeconomic flows linking to Turkey. The measurement examines the unique statistical intersection of a selective, specialized customs union framework operating alongside exceptionally high volumes of personal transfers. Capturing these unrecorded diaspora remittances requires distinct central bank estimation models for the secondary income account, fundamentally differentiating this profile from purely corporate-driven bilateral relationships.
Because traditional retail banking channels fail to capture the entirety of cross-border remittance flows, the early unadjusted estimates rely heavily on these specialized statistical models. Consequently, the month-to-month data is often distorted by administrative modeling artifacts and recurring holiday travel spikes, demanding year-on-year analysis for accurate commercial assessment. The revision cycle is particularly aggressive for this series, consistently tweaking and rewriting the secondary income and travel figures as broader demographic indicators, border survey updates, and final clearinghouse metrics eventually replace the provisional models.
Frequently asked questions
- Are personal and diaspora remittances captured in this balance?
- Yes, they are extensively modeled and estimated within the secondary income component.
- Does the selective customs union affect data collection?
- Yes, it inherently alters the administrative sources and reporting thresholds used for the goods balance.
- Why are early estimates often subjected to aggressive revision?
- Initial models for unrecorded transfers are continuously updated with harder data from border surveys.