Government Spending in Turkey increased to 62371480 TRY THO in the third quarter of 2020 from 60596128.50 TRY THO in the second quarter of 2020. source: Turkish Statistical Institute

Government Spending in Turkey averaged 39894487.89 TRY THO from 1998 until 2020, reaching an all time high of 73947597.60 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 January of 2021.

Government Spending in Turkey is expected to be 77500000.00 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 66700000.00 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
62371480.00 60596128.50 73947597.60 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 -40.69 13.43 28.22 -43.72 TRY Billion [+]
Government Spending 62371480.00 60596128.50 73947597.60 20942407.10 TRY THO [+]
Government Revenues 97.56 109.75 122.17 0.04 TRY Billion [+]
Government Debt 1872089.00 1934964.00 1934964.00 15.00 TRY Million [+]
Fiscal Expenditure 138.25 96.32 138.25 0.04 TRY Billion [+]
Treasury Cash Balance -46699.42 12549.39 30292.26 -46699.42 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.