Government Spending in Turkey decreased to 62035475.80 TRY THO in the third quarter of 2019 from 62042024.50 TRY THO in the second quarter of 2019.

Government Spending in Turkey averaged 38769486.67 TRY THO from 1998 until 2019, reaching an all time high of 72908722.10 TRY THO in the fourth quarter of 2018 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. source: Turkish Statistical Institute

Government Spending in Turkey is expected to be 61238190.00 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 64640966.00 in 12 months time. In the long-term, the Turkey Government Spending is projected to trend around 70184834.00 TRY THO in 2020, according to our econometric models.

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Turkey Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
62035475.80 62042024.50 72908722.10 20942407.10 1998 - 2019 TRY THO Quarterly
Constant Prices 2009, NSA

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.

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 -36067505.00 6181359.00 13023775.00 -39815859.00 TRY Thousand [+]
Government Spending 62035475.80 62042024.50 72908722.10 20942407.10 TRY THO [+]
Government Revenues 70797670.00 80810612.00 134819231.00 6796416.00 TRY Thousand [+]
Government Debt 1328752.00 1274187.00 1328752.00 15.00 TRY Million [+]
Fiscal Expenditure 106865175.00 74629253.00 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 [+]