Turkey recorded a government budget deficit of 36067505 TRY Thousand in December of 2019. Turkey Government Budget Value - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget Value in Turkey averaged -3886357.29 TRY Thousand from 1985 until 2019, 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. This page provides - Turkey Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Bank of the Republic of Turkey

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 -30700000.00 in 12 months time. In the long-term, the Turkey Government Budget Value is projected to trend around -32000000.00 TRY Thousand in 2021, according to our econometric models.

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Turkey Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-36067505.00 6181359.00 13023775.00 -39815859.00 1985 - 2019 TRY Thousand Monthly
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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.