Turkey recorded a government budget surplus of 6181359 TRY Thousand in November of 2019. Government Budget Value in Turkey averaged -3809552.64 TRY Thousand from 1985 until 2019, reaching an all time high of 13023775 TRY Thousand in January of 2017 and a record low of -39815859 TRY Thousand in December of 2003. source: Central Bank of the Republic of Turkey

Government Budget Value in Turkey is expected to be -30500000.00 TRY Thousand 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 -16700000.00 in 12 months time. In the long-term, the Turkey Government Budget Value is projected to trend around -32000000.00 TRY Thousand in 2020, according to our econometric models.

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Turkey Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
6181359.00 -13236708.00 13023775.00 -39815859.00 1985 - 2019 TRY Thousand Monthly
Current Prices, NSA


Turkey Government Budget Value
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. Until 2005, data are cumulative.

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 6181359.00 -13236708.00 13023775.00 -39815859.00 TRY Thousand [+]
Government Spending 62035475.80 62042024.50 72908722.10 20942407.10 TRY THO [+]
Government Revenues 80810612.00 63759598.00 134819231.00 6796416.00 TRY Thousand [+]
Government Debt 1328752.00 1274187.00 1328752.00 15.00 TRY Million [+]
Fiscal Expenditure 74629253.00 76996306.00 144562290.00 11186669.00 TRY Thousand [+]
Credit Rating 36.00 [+]
Treasury Cash Balance -36764.79 7891.91 25738.65 -36764.79 TRY Million [+]
Military Expenditure 22088.00 17824.00 22088.00 1176.00 USD Million [+]