Turkey Government Budget

Turkey recorded a Government Budget deficit equal to 1.50 percent of the country's Gross Domestic Product in 2017. Government Budget in Turkey averaged -4.98 percent of GDP from 2001 until 2017, 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.

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Turkey Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	28.30	28.30	76.10	27.60	percent	[+]
Government Budget	-1.50	-1.10	-0.60	-33.00	percent of GDP	[+]
Government Budget Value	-24573567.00	-18675315.00	13023775.00	-39815859.00	TRY Thousand	[+]
Government Spending	69495065.30	58201812.20	69495065.30	20942407.10	TRY THO	[+]
Government Revenues	51046881.00	64699563.00	134819231.00	6796416.00	TRY Thousand	[+]
Government Debt	1162437.00	1126210.00	1162437.00	15.00	TRY Million	[+]
Fiscal Expenditure	75620448.00	83374878.00	144562290.00	11186669.00	TRY Thousand	[+]
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 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 Government Budget - actual data, historical chart and calendar of releases - was last updated on May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-1.50	-1.10	-0.60	-33.00	2001 - 2017	percent of GDP	Yearly	NSA

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Country	Last		Previous	Range
Argentina	-5.50	Dec/18	-6.1	3.7 : -6.4	%
Australia	-0.60	Dec/18	-1.9	2.2 : -4.2	%
Brazil	-7.10	Dec/18	-7.8	-2 : -10.2	%
Canada	-0.70	Dec/18	-0.9	5.1 : -8.1	%
China	-4.20	Dec/18	-3.7	0.58 : -4.2	%
Euro Area	-0.50	Dec/18	-1	-0.5 : -7.4	%
France	-2.50	Dec/18	-2.8	1.5 : -7.2	%
Germany	1.70	Dec/18	1	1.7 : -9.4	%
India	-3.42	Dec/18	-3.53	-2.53 : -8.13	%
Indonesia	-1.76	Dec/18	-2.51	3.02 : -2.58	%
Italy	-2.10	Dec/18	-2.4	-1.5 : -7.3	%
Japan	-3.80	Dec/18	-4.8	2.58 : -8.3	%
Mexico	-2.00	Dec/18	-1.1	3.3 : -3.4	%
Netherlands	1.50	Dec/18	1.2	1.5 : -8.7	%
Russia	2.70	Dec/18	-1.5	9.88 : -7.9	%
Saudi Arabia	-9.20	Dec/18	-8.9	43.17 : -25.27	%
Singapore	0.40	Dec/18	0.3	21.23 : -1.2	%
South Africa	-4.40	Dec/18	-4.4	1 : -7.4	%
South Korea	-1.60	Dec/18	-1.1	3.47 : -4.1	%
Spain	-2.50	Dec/18	-3.1	2.2 : -11	%
Switzerland	1.20	Dec/17	0.4	1.9 : -3.2	%
Turkey	-1.50	Dec/17	-1.1	-0.6 : -33	%
United Kingdom	-2.00	Dec/18	-2.3	4.8 : -9.9	%
United States	-3.80	Dec/18	-3.5	4.5 : -9.8	%