The Central Bank of Türkiye said it will revise certain items in the Balance of Payments Financial Account to improve the quality of its Balance of Payments and International Investment Position statistics. The changes focus on deposit-related data and the treatment of financial derivatives, with the aim of better aligning the statistics with underlying external transactions and improving measurement where current sources have limitations. Under Currency and Deposits, movements in residents' deposits against foreign banknotes that are currently reflected unilaterally and do not arise from external economic transactions will be decomposed as an adjustment item and incorporated into the statistics. To measure natural persons' deposits abroad more accurately, transaction-based SWIFT data will be integrated into the compilation process to address structural constraints in the existing data source. Financial derivatives that are not currently included in the statistics will be calculated using contract-based data and reported as a separate item under the Financial Account. The Net Errors and Omissions item will be adjusted by the same amounts. The revisions will be reflected in the Financial Account items of the June 2026 Balance of Payments Statistics, scheduled for release on August 13, 2026.
Central Bank of Türkiye2026-07-24
Central Bank of Türkiye revises balance of payments financial account, adding derivatives and refining deposit data
The Central Bank of Türkiye will revise selected Balance of Payments Financial Account items to improve data quality. The changes refine the treatment of resident and personal deposits, integrate SWIFT transaction data for deposits abroad, and add financial derivatives as a separate Financial Account item. These revisions will appear in the June 2026 statistics release on August 13, 2026.