Government Spending in Turkey increased to 61578543.60 TRY THO in the second quarter of 2020 from 60573210.80 TRY THO in the first quarter of 2020.

Government Spending in Turkey averaged 39657842.65 TRY THO from 1998 until 2020, reaching an all time high of 74875850.70 TRY THO in the fourth quarter of 2019 and a record low of 20942407.10 TRY THO in the first quarter of 1998. This page provides the latest reported value for - Turkey Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Government Spending - values, historical data and charts - was last updated on October of 2020. source: Turkish Statistical Institute

Government Spending in Turkey is expected to be 62500000.00 TRY THO by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Turkey to stand at 68000000.00 in 12 months time. In the long-term, the Turkey Government Spending is projected to trend around 65900000.00 TRY THO in 2021 and 67500000.00 TRY THO in 2022, according to our econometric models.

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Turkey Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
61578543.60 60573210.80 74875850.70 20942407.10 1998 - 2020 TRY THO Quarterly
Constant Prices 2009, NSA

Turkey Government Last Previous Highest Lowest Unit
Government Debt to GDP 33.10 30.40 76.10 27.50 percent [+]
Government Budget -2.90 -1.90 -0.60 -33.00 percent of GDP [+]
Government Budget Value 27990695.00 -28207544.00 27990695.00 -41951225.00 TRY Thousand [+]
Government Spending 61578543.60 60573210.80 74875850.70 20942407.10 TRY THO [+]
Government Revenues 106671579.00 85801708.00 134819231.00 6796416.00 TRY Thousand [+]
Government Debt 1862900.00 1810400.00 1862900.00 15.00 TRY Million [+]
Fiscal Expenditure 78680884.00 114009252.00 144562290.00 11186669.00 TRY Thousand [+]
Treasury Cash Balance -30824.18 30381.41 30381.41 -46249.30 TRY Million [+]
Military Expenditure 22088.00 17824.00 22088.00 1176.00 USD Million [+]
Credit Rating 36.00 [+]

Turkey Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.