MacroTurkish: Cari Açık

What is Current Account Deficit?

The external imbalance that arises when a country imports more than it exports.

ExampleTurkey's monthly current account deficit reached $5 billion.The figures in the example illustrate the concept; they are not current market data.

Related terms

Explore on Yatırım Masası

Frequently asked questions

What is Current Account Deficit?

The external imbalance that arises when a country imports more than it exports.

What is Current Account Deficit called in Turkish?

In Turkish financial reporting and news, Current Account Deficit is called Cari Açık.

Which concepts are related to Current Account Deficit?

The concepts most often mentioned together with Current Account Deficit are GDP (Gross Domestic Product) and Reserve.

More terms in Macro

Macroeconomics guide

Back to the glossary