Turkey’s central government budget posted a surplus of TRY 114.2 billion in June 2026, reversing from a deficit of TRY 330.2 billion in the same month a year earlier. Budget revenue jumped 66.0% year-on-year to TRY 1.5 trillion, fueled by a 72.0% increase in tax collections to TRY 1.3 trillion, reflecting robust growth in income tax, domestic VAT, import VAT, and special consumption tax. Meanwhile, total expenditures rose 12.6% to TRY 1.4 trillion, driven by higher personnel spending, goods and services purchases, and current transfers. Non-interest expenditures increased 23.9% to TRY 1.2 trillion, while interest payments declined 26.9% to TRY 201.6 billion. As a result, the primary balance swung to a surplus of TRY 315.8 billion from a deficit of TRY 54.5 billion a year earlier. source: Undersecretariat of Treasury, Turkey

Turkey recorded a government budget surplus of 114.20 TRY Billion in June of 2026. Government Budget Value in Turkey averaged -19.03 TRY Billion from 1994 until 2026, reaching an all time high of 235.20 TRY Billion in May of 2025 and a record low of -842.53 TRY Billion in December of 2023. This page provides - Turkey Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Central Government Budget Balance - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-15 08:00 AM
Budget Balance
May TRY-298.2B TRY-338.7B TRY-300.0B
2026-07-16 08:00 AM
Budget Balance
Jun TRY114.2B TRY-298.2B TRY-200.0B
2026-08-17 08:00 AM
Budget Balance
Jul


Related Last Previous Unit Reference
Fiscal Expenditure 1395.47 1384.39 TRY Billion Jun 2026
Government Budget -4.70 -5.10 percent of GDP Dec 2024
Budget Balance 114.20 -298.20 TRY Billion Jun 2026
Central Government Debt 14989141.00 14766764.00 TRY Million May 2026
Government Debt to GDP 23.80 23.60 percent of GDP Dec 2025
Government Revenues 1509.63 1086.17 TRY Billion Jun 2026
Treasury Cash Balance 50759.00 -252277.78 TRY Million Jun 2026


Turkey Central Government Budget Balance
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.
Actual Previous Highest Lowest Dates Unit Frequency
114.20 -298.20 235.20 -842.53 1994 - 2026 TRY Billion Monthly
Current Prices, NSA

News Stream
Turkey Budget Balance Shift to Surplus
Turkey’s central government budget posted a surplus of TRY 114.2 billion in June 2026, reversing from a deficit of TRY 330.2 billion in the same month a year earlier. Budget revenue jumped 66.0% year-on-year to TRY 1.5 trillion, fueled by a 72.0% increase in tax collections to TRY 1.3 trillion, reflecting robust growth in income tax, domestic VAT, import VAT, and special consumption tax. Meanwhile, total expenditures rose 12.6% to TRY 1.4 trillion, driven by higher personnel spending, goods and services purchases, and current transfers. Non-interest expenditures increased 23.9% to TRY 1.2 trillion, while interest payments declined 26.9% to TRY 201.6 billion. As a result, the primary balance swung to a surplus of TRY 315.8 billion from a deficit of TRY 54.5 billion a year earlier.
2026-07-16
Turkey Budget Balance Swings to Deficit
Turkey’s central government posted a budget deficit of TRY 298.2 billion in May 2026, compared with a surplus of TRY 235.2 billion a year earlier. Total spending rose 27.0% year-on-year to TRY 1.38 trillion, driven by increases in personnel costs (+48.1%), social security contributions (+52.6%), current transfers, capital expenditure, and goods and services purchases. Non-interest expenditures increased 28.3% to TRY 1.26 trillion, while interest payments rose 16.0% to TRY 128.9 billion. On the revenue side, inflows fell 18.0% to TRY 1.09 trillion, weighed by a 22.1% drop in tax receipts to TRY 931.5 billion, reflecting broad-based declines across key categories, including income tax, VAT, and special consumption tax, despite gains in banking and insurance taxes and customs-related revenues. As a result, the primary balance shifted to a deficit of TRY 169.3 billion from a surplus of TRY 346.4 billion a year earlier.
2026-06-15
Turkey Budget Deficit Widens in April
Turkey’s central government budget posted a deficit of TRY 338.7 billion in April 2026, almost doubling from TRY 174.7 billion a year earlier as expenditure growth outpaced revenues. Total spending rose 34.7% year-on-year to TRY 1.52 trillion, driven by increases in personnel costs, current transfers, capital expenditure, and goods and services purchases. Non-interest expenditures also climbed 45.4% to TRY 1.27 trillion, while interest payments slipped 1.2% to TRY 257.6 billion. On the revenue side, inflows increased 23.9% to TRY 1.19 trillion, supported by a 28.5% rise in tax receipts to TRY 1.01 trillion, boosted by gains in income tax, VAT (domestic and import), stamp duty, and banking and insurance transaction taxes. As a result, the primary balance shifted to a deficit of TRY 81.1 billion from a surplus of TRY 85.9 billion a year earlier, reflecting faster growth in non-interest spending relative to revenues.
2026-05-15