Turkey recorded a Government Budget deficit equal to 2.90 percent of the country's Gross Domestic Product in 2019.
Government Budget in Turkey averaged -4.71 percent of GDP from 2001 until 2019, reaching an all time high of -0.60 percent of GDP in 2006 and a record low of -33 percent of GDP in 2001. This page provides the latest reported value for - Turkey Government Budget - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Central Government Budget - values, historical data and charts - was last updated on August of 2020. source: Undersecretariat of Treasury, Turkey
Government Budget in Turkey is expected to reach -8.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Central Government Budget is projected to trend around -7.10 percent of GDP in 2021 and -4.40 percent of GDP in 2022, according to our econometric models.