Macro Indicators

6/20/2018

Turkey's Net International Investment Position Deficit is USD 431.1 Billion

As of end-April 2018, the foreign assets of Turkey increased 0.5% to reach USD 234 billion foreign obligations decreased 3.8% to be USD 665.2 billion. Thus, Turkey's net international investment position deficit has been USD 431.1 billion

Republic of Turkey Central Bank has announced Turkey's International  Investment Position (UYP) data of April 2018.

As of end-April 2018, the foreign assets of Turkey increased 0.5% to reach USD 234 billion compared to end-year data of last year, foreign obligations decreased 3.8% to be USD 665.2 billion. Thus, net UYP, Turkey's net international  investment position difference between the foreign assets and obligations has yielded USD 431.1 billion deficit as of end-April.

As for the assets sub-items, reserve assets item increased 3.9% compared to previous year to reach USD 112 billion, other  investments item decreased 5.7% to be USD 72.1 billion. Banks’ effective and saving deposits on foreign currency and Turk Lira decreased 15% to be USD 29.7 billion compared to previous end-year. 

As for items of other liabilities, direct investments (capital and other capital) decreased 16% to be realized at about USD 159 billion under the effect of changes between the market value and currency exchange rates compared to end-2017.

Portfolio investments decreased 3.8% to be USD 170.6 billion

As of end-April 2018, portfolio investments decreased 3.8% compared to end-2017 to be USD 170.6 billion. Bond stock of foreign settlers decreased 14.4% to be USD 44.5 billion compared to end-2017. In the same sense, DİBS stock of foreign settlers decreased 3.8% to be USD 29.8 billion, Treasury’s bond stock increased 2.8% to be USD 45.6 billion.

In the same period, other  investments increased 3.3% compared to end- 2017 to reach USD 335.7 billion. Foreign currency savings in local banks of foreign settlers abroad increased 6.6% to reach USD 38.9 billion compared to end-2017, TL savings accounts increased 12.4% to reach USD 14.7 billion.

Banks’ total credit stock increased 0.1% to reach USD 94.8 billion, other sectors’ total credit stock increased 3.9% to be USD 112.24 billion.