Turkey recorded a Government Budget deficit equal to 2 percent of the country's Gross Domestic Product in 2018. Government Budget in Turkey averaged -4.81 percent of GDP from 2001 until 2018, reaching an all time high of -0.60 percent of GDP in 2006 and a record low of -33 percent of GDP in 2001.

Government Budget in Turkey is expected to be -1.80 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Government Budget is projected to trend around -0.70 percent of GDP in 2020, according to our econometric models.

Turkey Central Government Budget
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Turkey Government Last Previous Highest Lowest Unit
Government Debt to GDP 30.40 28.30 76.10 27.60 percent [+]
Government Budget -2.00 -1.50 -0.60 -33.00 percent of GDP [+]
Government Budget Value 10138765.00 -11454947.00 13023775.00 -39815859.00 TRY Thousand [+]
Government Spending 62009834.30 58333949.10 72908722.10 20942407.10 TRY THO [+]
Government Revenues 91462843.00 53666695.00 134819231.00 6796416.00 TRY Thousand [+]
Government Debt 1215765.00 1219757.00 1221085.00 15.00 TRY Million [+]
Fiscal Expenditure 81324078.00 65121642.00 144562290.00 11186669.00 TRY Thousand [+]
Treasury Cash Balance 5693.39 4075.62 25738.65 -26764.59 TRY Million [+]
Credit Rating 44.46 [+]
Military Expenditure 22088.00 17824.00 22088.00 1176.00 USD Million [+]
Asylum Applications 16207.00 10321.00 23066.00 131.00 Persons [+]


Turkey Central Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2.00 -1.50 -0.60 -33.00 2001 - 2018 percent of GDP Yearly
NSA




Country Last Previous
Argentina -5.50 Dec/18
Australia -0.60 Dec/18
Brazil -7.10 Dec/18
Canada -0.70 Dec/18
China -4.20 Dec/18
Euro Area -0.50 Dec/18
France -2.50 Dec/18
Germany 1.70 Dec/18
India -3.42 Dec/18
Indonesia -1.76 Dec/18
Italy -2.10 Dec/18
Japan -3.80 Dec/18
Mexico -2.00 Dec/18
Netherlands 1.50 Dec/18
Russia 2.70 Dec/18
Saudi Arabia -9.20 Dec/18
Singapore 0.40 Dec/18
South Africa -4.40 Dec/18
South Korea -1.60 Dec/18
Spain -2.50 Dec/18
Switzerland 1.30 Dec/18
Turkey -2.00 Dec/18
United Kingdom -2.00 Dec/18
United States -3.80 Dec/18


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