Turkey's International Investment Position Deficit Reached $324.9 Billion at End of 2025

CBRT Releases 2025 IIP Data The Central Bank of the Republic of Türkiye (CBRT) has published the International Investment Position (IIP) statistics for the fourth quarter of 2025.
According to the data, the net IIP deficit, which represents the difference between Turkey's external assets and liabilities, was recorded at $324.9 billion.
Assets Rise to $413 Billion As of the final quarter of 2025, Turkey's external assets increased by 2.6% compared to the previous quarter, reaching $413 billion.
Changes in asset components during this period were recorded as follows: Reserve assets rose to $184 billion, an increase of $3.9 billion.
Direct investments grew by 3.7% to $75.2 billion.
Other investments increased by 2.8% to $147.4 billion.
Banks' foreign currency cash and deposits rose by 3% to $43.9 billion.
Limited Increase in Liabilities During the same period, Turkey's external liabilities increased by 1.2%, reaching $738 billion.
An analysis of liability sub-items showed that direct investments decreased by 5.5% to $202.3 billion.
Meanwhile, portfolio investments rose by 2.9% to $135.4 billion, and other investments increased by 4.3% to $400.3 billion.
Significant Rise in Government Debt Securities Within portfolio investments, liabilities related to the General Government's Domestic Debt Securities (GDDS) stock showed a notable increase of 16.2% compared to the previous quarter, reaching $18.3 billion.
Conversely, portfolio investment assets saw a slight decrease of 0.7%, falling to $6.4 billion.