Hi,
Yes, and also more simply, there are really two ratios, the voltage ratio and the current ratio, and the current ratio is the inverse of the voltage ratio.
Thus, if you have a voltage turns ratio of 1:2 the output voltage gets stepped up to twice the input, but the current ratio is the inverse of that so it is 2:1, which means that the input current gets stepped down to one half of the input current.
One place where you see the current ratio have more importance is in the so called 'current transformer', where a current is measured and the level is stepped down and converted into a voltage with a resistor and that voltage is measured as an analog of the input current.