Turkey's current account deficit narrowed last year to reduce imports and increase the effective increase in net income is tourism. According to Central Bank data, in January-November 2007 period, 26.9 billion dollars in revenue corresponds to the service, service cost U.S. $ 13.6 billion, while revenues last year to 32.4 billion dollars, an expense also rose to 15.7 billion dollars.
Service items located within the tourism sector, in October and November months of estimated data for the previous year's 11-month period, tourism revenues increased by 18.2 per cent 20 billion to U.S. $ 814 million, tourism expenditure is increased by 8 percent 3 Billion 162 Million Dollars to increase. During this period, the net tourism revenues, increased by 20.2 per cent took place at 17 Billion 652 Million Dollars.
Services sector in the transportation field, 11-month period in 2007, net output is 187 million dollars, while last year 31 million dollar net entry has been saved. Abroad of domestically built construction company realized net foreign currency input from civil service in 2007 increased by 27.1 per cent by the year rose to U.S. $ 873 million.
Thus, in the year 2007 of 13.2 billion dollars in January-November period, more than the balance of services, increased 26.1 percent to 16.6 billion dollars last year to increase. January-November period last year on the long and short-term loan interest expense, compared to the same period in 2007 increased by 13.1 per cent level was 7 billion 545 million dollars.
During this period, 700 million dollars in general government revenue items are available, labor income was 1 billion 186 million dollars. Direct investment in 2008 in pencil in January-November period of the net capital inflows, according to the same period in 2007 decreased 18.7 percent to 13 billion is 677 million dollars.
Also, in 2007 January-November period, compared to the banking sector from abroad provided the amount of net loans increased by 10.8 per cent 5 billion to U.S. $ 389 million, provided by other sectors that the amount of net loans to 4.9 percent increased by 24 billion to U.S. $ 164 million increase. |
