Government Spending in Turkey decreased to 61895538.80 TRY THO in the first quarter of 2020 from 74875850.70 TRY THO in the fourth quarter of 2019.

Government Spending in Turkey averaged 39426400.26 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 July of 2020. source: Turkish Statistical Institute

Government Spending in Turkey is expected to be 57163537.00 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 64680838.00 in 12 months time. In the long-term, the Turkey Government Spending is projected to trend around 75389349.00 TRY THO in 2021 and 78857259.00 TRY THO in 2022, according to our econometric models.

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Turkey Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
61895538.80 74875850.70 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 -16104759.00 -37892546.00 20773054.00 -41951225.00 TRY Thousand [+]
Government Spending 61895538.80 74875850.70 74875850.70 20942407.10 TRY THO [+]
Government Revenues 66691002.00 65461154.00 134819231.00 6796416.00 TRY Thousand [+]
Government Debt 1633372.00 1575547.00 1633372.00 15.00 TRY Million [+]
Fiscal Expenditure 82795761.00 103353700.00 144562290.00 11186669.00 TRY Thousand [+]
Treasury Cash Balance -26760.00 -9730.00 25738.65 -46236.10 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.