Turkey recorded a government budget deficit of TRY 25 billion in June of 2021, little changed from a TRY 19.3 billion a year earlier. Expenditure jumped 32.4 percent to TRY 113.4 billion and revenues increased 33.3 percent to TRY 88.4 billion. source: Undersecretariat of Treasury, Turkey
Government Budget Value in Turkey averaged -2.72 TRY Billion from 1994 until 2021, reaching an all time high of 28.22 TRY Billion in August of 2020 and a record low of -43.72 TRY Billion in March of 2020. 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 2021.
Government Budget Value in Turkey is expected to be -33.00 TRY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Turkey to stand at -16.00 in 12 months time. In the long-term, the Turkey Central Government Budget Balance is projected to trend around -31.00 TRY Billion in 2022 and -21.00 TRY Billion in 2023, according to our econometric models.