Turkey recorded a government budget deficit of 20758467 TRY Thousand in December of 2018. Government Budget Value in Turkey averaged -3693450.14 TRY Thousand from 1985 until 2018, 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.

Government Budget Value in Turkey is expected to be -16700000.00 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 -29500000.00 in 12 months time. In the long-term, the Turkey Government Budget Value is projected to trend around -29700000.00 TRY Thousand in 2020, according to our econometric models.

Turkey Government Budget Value
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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 -20758467.00 5198837.00 13023775.00 -39815859.00 TRY Thousand [+]
Government Spending 58201812.20 59147637.90 69175639.90 20942407.10 TRY THO [+]
Government Revenues 63425942.00 78737562.00 134819231.00 6796416.00 TRY Thousand [+]
Government Debt 1098071.00 1067113.00 1153838.00 15.00 TRY Million [+]
Fiscal Expenditure 84184409.00 73538725.00 144562290.00 11186669.00 TRY Thousand [+]
Credit Rating 44.46 [+]
Military Expenditure 19579.90 17854.00 19579.90 1348.20 USD Million [+]
Asylum Applications 7086.00 9478.00 23066.00 131.00 Persons [+]


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. This page provides - Turkey Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Government Budget Value - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-20758467.00 5198837.00 13023775.00 -39815859.00 1985 - 2018 TRY Thousand Monthly
Current Prices, NSA




Country Last Previous
Argentina -135316.20 Dec/18
Australia -292.00 Dec/18
Brazil -68042.00 Dec/18
Canada 2452.00 Dec/18
China -286.50 Nov/18
France -76.05 Dec/18
Germany 5.87 Sep/18
India -7014.57 Dec/18
Indonesia -259900.00 Dec/18
Italy 27.41 Dec/18
Japan -60963.00 Sep/18
Mexico -178960.00 Dec/18
Netherlands 1.50 Dec/18
Russia 282.64 Jan/19
Saudi Arabia -238494.00 Dec/17
Singapore -2211.70 Dec/18
South Africa 17725.00 Dec/18
South Korea 37409.00 Nov/18
Spain -12378.00 Nov/18
Switzerland 2176.00 Dec/19
Turkey -20758467.00 Dec/18
United Kingdom 19422.00 Jan/19
United States -13539.00 Dec/18


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