Government Spending in Turkey decreased to 61363117.10 TRY THO in the first quarter of 2021 from 78810997.60 TRY THO in the fourth quarter of 2020. source: Turkish Statistical Institute

Government Spending in Turkey averaged 40543415.38 TRY THO from 1998 until 2021, reaching an all time high of 78810997.60 TRY THO in the fourth quarter of 2020 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 August of 2021.

Government Spending in Turkey is expected to be 68000000.00 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 61200000.00 in 12 months time. In the long-term, the Turkey Government Spending is projected to trend around 77500000.00 TRY THO in 2022 and 75100000.00 TRY THO in 2023, according to our econometric models.

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Turkey Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
61363117.10 78810997.60 78810997.60 20942407.10 1998 - 2021 TRY THO Quarterly
Constant Prices 2009, NSA

Turkey Government Last Previous Highest Lowest Unit
Government Debt to GDP 39.50 32.60 75.50 27.40 percent of GDP [+]
Government Budget -3.40 -2.90 -0.60 -33.00 percent of GDP [+]
Government Budget Value -25.03 -13.37 28.22 -43.72 TRY Billion [+]
Government Spending 61363117.10 78810997.60 78810997.60 20942407.10 TRY THO [+]
Government Revenues 88.35 104.57 134.93 0.04 TRY Billion [+]
Government Debt 2026802.00 2001434.00 2026802.00 15.00 TRY Million [+]
Fiscal Expenditure 113.38 117.94 138.25 0.04 TRY Billion [+]
Treasury Cash Balance -7220.84 -29102.30 40984.16 -46826.70 TRY Million [+]
Military Expenditure 19567.00 20603.00 20603.00 999.00 USD Million [+]
Credit Rating 35.00 [+]

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.