Fiscal Expenditure in Turkey increased to 117.94 TRY Billion in May from 110.71 TRY Billion in April of 2021. source: Undersecretariat of Treasury, Turkey

Fiscal Expenditure in Turkey averaged 26.70 TRY Billion from 1994 until 2021, reaching an all time high of 138.25 TRY Billion in December of 2020 and a record low of 0.04 TRY Billion in January of 1994. This page provides - Turkey Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Fiscal Expenditure - values, historical data and charts - was last updated on June of 2021.

Fiscal Expenditure in Turkey is expected to be 101.00 TRY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Turkey to stand at 94.00 in 12 months time. In the long-term, the Turkey Fiscal Expenditure is projected to trend around 116.00 TRY Billion in 2022 and 117.00 TRY Billion in 2023, according to our econometric models.

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Turkey Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
117.94 110.71 138.25 0.04 1994 - 2021 TRY Billion Monthly
Current Prices, NSA

Turkey Government Last Previous Highest Lowest Unit
Government Debt to GDP 39.50 32.60 75.50 27.40 percent of GDP [+]
Government Budget -3.40 -2.90 -0.60 -33.00 percent of GDP [+]
Government Budget Value -13.37 -16.92 28.22 -43.72 TRY Billion [+]
Government Spending 61363117.10 78810997.60 78810997.60 20942407.10 TRY THO [+]
Government Revenues 104.57 93.79 134.93 0.04 TRY Billion [+]
Government Debt 1949520.00 1950100.00 1950100.00 15.00 TRY Million [+]
Fiscal Expenditure 117.94 110.71 138.25 0.04 TRY Billion [+]
Treasury Cash Balance -29010.45 -13309.68 40984.16 -46826.70 TRY Million [+]
Military Expenditure 19567.00 20603.00 20603.00 999.00 USD Million [+]
Credit Rating 35.00 [+]


Turkey Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.