Turkey Consolidated Fiscal Balance: % of GDP
2006 - 2024 | Quarterly | % | CEIC Data
Key information about Turkey Consolidated Fiscal Balance: % of GDP
- Turkey Consolidated Fiscal Balance recorded a deficit equal to 5.0 % of its Nominal GDP in Sep 2024, compared with a deficit equal to 4.6 % in the previous quarter
- Turkey Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2006 to Sep 2024, with an average ratio of -1.8 %
- The data reached an all-time high of -0.6 % in Sep 2008 and a record low of -5.6 % in Mar 2024
Further information about Turkey Consolidated Fiscal Balance: % of GDP
- In the latest reports, Turkey National Government Debt reached 254.3 USD bn in Dec 2022
- Turkey Nominal GDP reached 245.5 USD bn in Mar 2023
View Turkey's Consolidated Fiscal Balance: % of GDP from Dec 2006 to Sep 2024 in the chart:
What was Turkey's Consolidated Fiscal Balance: % of GDP in Sep 2024?
Turkey Consolidated Fiscal Balance recorded a deficit equal to 5.0 % of its Nominal GDP in Sep 2024, compared with a deficit equal to 4.6 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -5.0 Sep 2024 | -4.6 Jun 2024 | -5.6 Mar 2024 | -0.6 Sep 2008 | % | quarterly | Dec 2006 - Sep 2024 |
Consolidated Fiscal Balance: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -1.3 2023 | yearly | 1997 - 2023 |
| Algeria (%) | -2.6 2022 | yearly | 1994 - 2022 |
| Argentina (%) | -0.2 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
| Armenia (%) | -3.1 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
| Australia (%) | -2.1 Sep 2024 | quarterly | Jun 2003 - Sep 2024 |
| Austria (%) | -3.4 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
| Azerbaijan (%) | 0.4 Jun 2021 | monthly | Dec 2004 - Jun 2021 |
| Bahrain (%) | -7.0 2021 | yearly | 1998 - 2021 |
| Bangladesh (%) | -5.1 2023 | yearly | 2006 - 2023 |
| Belarus (%) | -0.4 Sep 2021 | quarterly | Sep 2006 - Sep 2021 |
| Belgium (%) | -4.5 2023 | yearly | 1970 - 2023 |
| Bolivia (%) | -9.7 2023 | yearly | 1990 - 2023 |
| Bosnia and Herzegovina (%) | 2.8 Jun 2024 | quarterly | Dec 2008 - Jun 2024 |
| Botswana (%) | 2.5 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Brazil (%) | -7.3 Sep 2024 | quarterly | Dec 1997 - Sep 2024 |
| Brunei (%) | -11.9 2023 | yearly | 2010 - 2023 |
| Bulgaria (%) | -3.8 Sep 2024 | quarterly | Sep 2003 - Sep 2024 |
| Cambodia (%) | -0.1 2022 | yearly | 2007 - 2022 |
| Canada (%) | -1.8 Sep 2024 | quarterly | Jun 1993 - Sep 2024 |
| Chile (%) | -2.3 2023 | yearly | 1990 - 2023 |
| China (%) | -5.0 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Colombia (%) | -8.5 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
| Croatia (%) | -2.6 2021 | yearly | 2002 - 2021 |
| Cyprus (%) | 4.3 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
| Czech Republic (%) | -2.9 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Denmark (%) | 3.3 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Ecuador (%) | -1.8 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Estonia (%) | -3.6 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| European Union (%) | -3.5 2023 | yearly | 1995 - 2023 |
| Finland (%) | -4.0 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| France (%) | -6.0 Sep 2024 | quarterly | Dec 1949 - Sep 2024 |
| Georgia (%) | -2.1 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| Germany (%) | -2.6 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Ghana (%) | -3.5 Jun 2024 | quarterly | Dec 2008 - Jun 2024 |
| Greece (%) | -1.3 Dec 2018 | monthly | Apr 1999 - Dec 2018 |
| Hong Kong SAR, China (%) | -6.1 Sep 2024 | quarterly | Sep 1999 - Sep 2024 |
| Hungary (%) | -5.5 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Iceland (%) | -3.1 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| India (%) | -4.6 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Indonesia (%) | -3.0 Sep 2024 | quarterly | Dec 2014 - Sep 2024 |
| Iran (%) | -4.3 Mar 2021 | quarterly | Mar 2006 - Mar 2021 |
| Ireland (%) | 1.9 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Israel (%) | -8.5 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Italy (%) | -5.9 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Ivory Coast (%) | -5.3 2023 | yearly | 1960 - 2023 |
| Japan (%) | -6.2 2024 | yearly | 1996 - 2024 |
| Jordan (%) | 1.0 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | -0.4 Jun 2024 | quarterly | Dec 2008 - Jun 2024 |
| Kenya (%) | -3.0 Jun 2024 | quarterly | Dec 2009 - Jun 2024 |
| South Korea (%) | -2.3 Sep 2024 | quarterly | Jun 2000 - Sep 2024 |
| Kosovo (%) | 0.2 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Kuwait (%) | -3.1 2023 | yearly | 1988 - 2023 |
| Kyrgyzstan (%) | 5.0 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Laos (%) | 0.6 2023 | yearly | 2012 - 2023 |
| Latvia (%) | -1.8 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Lebanon (%) | -4.3 2020 | yearly | 1992 - 2020 |
| Lithuania (%) | -0.9 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Luxembourg (%) | -0.7 2023 | yearly | 1995 - 2023 |
| Macau SAR, China (%) | 6.4 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
| North Macedonia (%) | -4.5 2022 | yearly | 1993 - 2022 |
| Malawi (%) | -0.4 Jun 2023 | monthly | Apr 2005 - Jun 2023 |
| Malaysia (%) | -5.9 2023 | yearly | 1970 - 2023 |
| Malta (%) | -3.4 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Mauritius (%) | -6.1 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
| Mexico (%) | -4.2 Sep 2024 | quarterly | Dec 1980 - Sep 2024 |
| Moldova (%) | -5.2 2023 | yearly | 1998 - 2023 |
| Mongolia (%) | 0.1 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Montenegro (%) | -0.9 Sep 2024 | quarterly | Dec 2012 - Sep 2024 |
| Morocco (%) | -5.0 2023 | yearly | 1980 - 2023 |
| Mozambique (%) | -2.7 2016 | yearly | 1996 - 2016 |
| Myanmar (%) | -7.6 2021 | yearly | 1986 - 2021 |
| Nepal (%) | -10.0 2018 | yearly | 2012 - 2018 |
| Netherlands (%) | -0.1 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| New Zealand (%) | -1.6 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Nigeria (%) | -5.7 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Norway (%) | 13.8 Jun 2024 | quarterly | Dec 2002 - Jun 2024 |
| Oman (%) | 2.3 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
| Pakistan (%) | -3.7 2024 | yearly | 2000 - 2024 |
| Palestinian Territory (%) | -4.0 2020 | yearly | 2010 - 2020 |
| Panama (%) | -3.0 2023 | yearly | 2003 - 2023 |
| Paraguay (%) | -0.8 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
| Peru (%) | -4.2 Sep 2024 | quarterly | Dec 1990 - Sep 2024 |
| Philippines (%) | -5.8 Sep 2024 | quarterly | Dec 1985 - Sep 2024 |
| Poland (%) | -5.3 2023 | yearly | 1995 - 2023 |
| Portugal (%) | 1.3 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
| Qatar (%) | 0.7 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Romania (%) | -7.5 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
| Russia (%) | -0.6 Jun 2024 | quarterly | Dec 1993 - Jun 2024 |
| Saudi Arabia (%) | 2.5 2022 | yearly | 1969 - 2022 |
| Serbia (%) | -1.8 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Singapore (%) | 2.1 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| Slovakia (%) | -6.2 2020 | yearly | 1995 - 2020 |
| Slovenia (%) | -2.8 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| South Africa (%) | -4.5 Sep 2024 | quarterly | Dec 1990 - Sep 2024 |
| Spain (%) | -3.3 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
| Sri Lanka (%) | -5.7 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
| Sudan (%) | -0.6 2021 | yearly | 2001 - 2021 |
| Sweden (%) | -0.6 2023 | yearly | 1995 - 2023 |
| Switzerland (%) | 0.2 2023 | yearly | 1990 - 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.0 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -971.800 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Tax Revenue (USD mn) | 18,817.855 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Tax Revenue: % of GDP (%) | 16.1 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| National Government Debt (USD mn) | 254,513.1 2022 | yearly | 2001 - 2022 |
| Government Debt: % of GDP (%) | 26.1 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
| Forecast: Government Expenditure (TRY bn) | 40,421.476 2029 | yearly | 2000 - 2029 |
| Forecast: Government Net Debt (TRY bn) | 32,432.832 2029 | yearly | 2000 - 2029 |
| Forecast: Government Revenue (TRY bn) | 36,604.966 2029 | yearly | 2000 - 2029 |
| General Budget: Revenue (TRY mn) | 932,770.130 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| General Budget: Expenditure (TRY mn) | 994,990.060 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| General Budget: Cash Balance (TRY mn) | -62,219.930 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| General Budget: ytd: Revenue: Tax (TRY th) | 5,777,663,050.972 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 7,988,776,022.734 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: Balance (TRY th) | -1,320,959,722.545 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| General Budget: ytd: Revenue (TRY th) | 6,701,241,994.526 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 3,399,290,389.486 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 389,450,361.722 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 1,934,743,052.066 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Central Government Debt: External (TRY mn) | 538,505.357 Mar 2019 | monthly | Jan 2002 - Mar 2019 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.230 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -8,483.7 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Total Exports (USD mn) | 14,265.9 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Exports Growth (%) | 0.9 May 2023 | monthly | Jan 2014 - May 2023 |
| Aluminum: Exports (USD th) | 3,832,265.952 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,443,044.753 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 806,223.291 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 17,684.5 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Imports Growth (%) | 6.5 May 2023 | monthly | Jan 2014 - May 2023 |
| Imports: Medicament (USD th) | 2,460,947.731 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,964,157.172 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 1,562.076 Oct 2024 | monthly | Apr 1964 - Oct 2024 |
| Total Imports from USA (USD mn) | 1,278.154 Oct 2024 | monthly | Apr 1964 - Oct 2024 |
| Total Exports to China (USD mn) | 316.768 Oct 2024 | monthly | Jan 2013 - Oct 2024 |
| Total Imports from China (USD mn) | 4,241.788 Oct 2024 | monthly | Sep 1992 - Oct 2024 |
| Trade Balance: USD (USD mn) | -2,136.727 Mar 2019 | monthly | Jan 1969 - Mar 2019 |
| Natural Gas: Annual: Production (Cub m mn) | 851.970 2023 | yearly | 1976 - 2023 |
| Export Value Index (2015=100) | 149.169 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 127.060 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.8 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Household Debt: % of GDP (%) | 10.3 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
| Non-Performing Loans (USD mn) | 8,031.410 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Money Supply M1 (USD mn) | 180,021.595 Oct 2024 | monthly | Dec 1963 - Oct 2024 |
| Money Supply M2 (USD mn) | 491,947.182 Oct 2024 | monthly | Dec 1976 - Oct 2024 |
| M2 Growth (%) | 33.4 Sep 2024 | monthly | Dec 1977 - Sep 2024 |
| Reserve Requirement Ratio (%) | 8.0 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 84,958.0 Oct 2024 | monthly | Apr 2000 - Oct 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 6.497 Sep 2024 | quarterly | Jun 2000 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.9 Oct 2024 | monthly | Apr 2000 - Oct 2024 |
| Gold Reserves (USD mn) | 63,360.000 Sep 2024 | monthly | Dec 1956 - Sep 2024 |
| Total Deposits (USD mn) | 528,701.204 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Total Deposits Growth (%) | 30.7 Oct 2024 | monthly | Dec 2003 - Oct 2024 |
| Domestic Credit (USD mn) | 566,063.7 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Domestic Credit Growth (%) | 37.5 Oct 2024 | monthly | Jan 1987 - Oct 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 31.400 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Credit to Households (USD bn) | 96.972 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 523.532 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Household Debt (USD mn) | 101,134.7 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Total Loans (USD mn) | 362,316.242 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Total Loans Growth (%) | 38.30 Oct 2024 | monthly | Jan 1987 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 29.57 Sep 2024 | quarterly | Dec 1998 - Sep 2024 |
| Money Supply: M3 (TRY th) | 18,476,383,593.000 Oct 2024 | monthly | Dec 2005 - Oct 2024 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 1.769 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -0.5 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
| Composite Leading Indicator Index: Trend Restored (NA) | 392.590 Sep 2024 | monthly | Dec 1987 - Sep 2024 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 103.400 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 111.667 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 110.953 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 87.809 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
More Indicators for Turkey
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Government and Public Finance
Central Government Budget: Revenue: Ministry of Finance
Central Government Debt: by Lender
Central Government Debt Service
Central Government Project Credit Disbursement
Domestic Borrowing Composition
General Budget Balance and Financing: Treasury: Accrual Basis: Year to Date
Government Finance: Cash Flow Statement: Annual
Government Finance: Operations Statement: Annual
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Public Sector Net Debt
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Social Security Institution Revenue and Expenditure: Annual
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Central Government Budget: Expenditure: Ministry of Finance
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Defense and Official Development Assistance
Domestic Debt Stock
General Budget Balance and Financing: Treasury: Cash Basis
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Government Finance: Operations Statement: Quarterly
IMF Account: Fund Position
IMF Account: Fund Position: Quarterly
Public Sector Borrowing Requirement
Public Sector Net Debt: % of GDP
Social Security Institution Revenue and Expenditure
Treasury Debt Financing and Realization
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