Turkey Consolidated Fiscal Balance: % of GDP
Key information about Turkey Consolidated Fiscal Balance: % of GDP
- Turkey Consolidated Fiscal Balance recorded a deficit equal to 3.1 % of its Nominal GDP in Dec 2025, compared with a deficit equal to 4.2 % in the previous quarter
- Turkey Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2006 to Dec 2025, with an average ratio of -1.1 %
- The data reached an all-time high of -0.6 % in Sep 2008 and a record low of -5.5 % in Mar 2024
Further information about Turkey Consolidated Fiscal Balance: % of GDP
- In the latest reports, Turkey National Government Debt reached 298.4 USD bn in Dec 2024
- Turkey Nominal GDP reached 427.9 USD bn in Sep 2025
View Turkey's Consolidated Fiscal Balance: % of GDP from Dec 2006 to Dec 2025 in the chart:
What was Turkey's Consolidated Fiscal Balance: % of GDP in Dec 2025?
Turkey Consolidated Fiscal Balance recorded a deficit equal to 3.1 % of its Nominal GDP in Dec 2025, compared with a deficit equal to 4.2 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -3.1 Dec 2025 | -4.2 Sep 2025 | -5.5 Mar 2024 | -0.6 Sep 2008 | % | quarterly | Dec 2006 - Dec 2025 |
Consolidated Fiscal Balance: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -0.7 2024 | yearly | 1997 - 2024 |
| Algeria (%) | -2.6 2022 | yearly | 1994 - 2022 |
| Argentina (%) | 0.3 Jun 2025 | quarterly | Dec 2004 - Jun 2025 |
| Armenia (%) | -3.4 Sep 2025 | quarterly | Dec 2002 - Sep 2025 |
| Australia (%) | -3.1 Dec 2025 | quarterly | Jun 2003 - Dec 2025 |
| Austria (%) | -4.6 Sep 2025 | quarterly | Dec 2001 - Sep 2025 |
| Azerbaijan (%) | 0.4 Jun 2021 | monthly | Dec 2004 - Jun 2021 |
| Bahrain (%) | -4.8 2023 | yearly | 1998 - 2023 |
| Bangladesh (%) | -3.9 2024 | yearly | 2006 - 2024 |
| Belarus (%) | -0.4 Sep 2021 | quarterly | Sep 2006 - Sep 2021 |
| Belgium (%) | -4.5 2024 | yearly | 1970 - 2024 |
| Bolivia (%) | -11.2 2024 | yearly | 1990 - 2024 |
| Bosnia and Herzegovina (%) | 1.8 Sep 2025 | quarterly | Dec 2008 - Sep 2025 |
| Botswana (%) | -2.3 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Brazil (%) | -7.4 Dec 2025 | quarterly | Dec 1997 - Dec 2025 |
| Brunei (%) | -13.3 2024 | yearly | 2000 - 2024 |
| Bulgaria (%) | -3.0 Dec 2025 | quarterly | Sep 2003 - Dec 2025 |
| Cambodia (%) | -4.1 2023 | yearly | 2007 - 2023 |
| Canada (%) | -1.4 Dec 2025 | quarterly | Jun 1993 - Dec 2025 |
| Chile (%) | -2.8 2024 | yearly | 1990 - 2024 |
| China (%) | -5.1 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Colombia (%) | -6.9 Jun 2025 | quarterly | Dec 2000 - Jun 2025 |
| Croatia (%) | -2.4 2024 | yearly | 2002 - 2024 |
| Cyprus (%) | 3.5 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Czech Republic (%) | -2.0 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Denmark (%) | 3.5 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Ecuador (%) | -2.9 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Estonia (%) | -1.1 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| European Union (%) | -3.1 2024 | yearly | 1995 - 2024 |
| Finland (%) | -3.4 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| France (%) | -5.7 Sep 2025 | quarterly | Dec 1949 - Sep 2025 |
| Georgia (%) | -1.3 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Germany (%) | -2.7 Dec 2025 | quarterly | Dec 1991 - Dec 2025 |
| Ghana (%) | -0.8 Sep 2025 | quarterly | Dec 2008 - Sep 2025 |
| Greece (%) | -1.3 Dec 2018 | monthly | Apr 1999 - Dec 2018 |
| Hong Kong SAR, China (%) | 1.0 Dec 2025 | quarterly | Mar 1997 - Dec 2025 |
| Hungary (%) | -3.5 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Iceland (%) | -1.2 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| India (%) | -4.5 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Indonesia (%) | -2.9 Dec 2025 | quarterly | Dec 2014 - Dec 2025 |
| Iran (%) | -3.4 Mar 2021 | quarterly | Mar 2006 - Mar 2021 |
| Ireland (%) | 1.4 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Israel (%) | -4.7 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Italy (%) | -3.2 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Ivory Coast (%) | -4.0 2024 | yearly | 1960 - 2024 |
| Japan (%) | -4.6 2026 | yearly | 1996 - 2026 |
| Jordan (%) | 1.0 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | 0.5 Dec 2025 | quarterly | Dec 2008 - Dec 2025 |
| Kenya (%) | -6.6 Sep 2025 | quarterly | Dec 2009 - Sep 2025 |
| South Korea (%) | -2.1 Sep 2025 | quarterly | Jun 2000 - Sep 2025 |
| Kosovo (%) | 0.2 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Kuwait (%) | -2.1 2024 | yearly | 1988 - 2024 |
| Kyrgyzstan (%) | 2.5 Dec 2025 | monthly | Jan 2007 - Dec 2025 |
| Laos (%) | 2.3 2024 | yearly | 2012 - 2024 |
| Latvia (%) | -2.2 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Lebanon (%) | 0.9 2021 | yearly | 1992 - 2021 |
| Lithuania (%) | -1.8 Jun 2025 | quarterly | Dec 1999 - Jun 2025 |
| Luxembourg (%) | 0.9 2024 | yearly | 1995 - 2024 |
| Macau SAR, China (%) | 7.9 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| North Macedonia (%) | -4.6 2024 | yearly | 1993 - 2024 |
| Malawi (%) | -1.3 Sep 2025 | monthly | Apr 2005 - Sep 2025 |
| Malaysia (%) | -6.4 2024 | yearly | 1970 - 2024 |
| Malta (%) | -3.9 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Mauritius (%) | -8.8 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Mexico (%) | -3.9 Dec 2025 | quarterly | Dec 1980 - Dec 2025 |
| Moldova (%) | -3.9 2024 | yearly | 1998 - 2024 |
| Mongolia (%) | -1.4 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Montenegro (%) | -5.1 Sep 2025 | quarterly | Dec 2012 - Sep 2025 |
| Morocco (%) | -3.9 2024 | yearly | 1980 - 2024 |
| Mozambique (%) | -2.7 2016 | yearly | 1996 - 2016 |
| Myanmar (%) | -2.8 2023 | yearly | 1986 - 2023 |
| Nepal (%) | -10.0 2018 | yearly | 2012 - 2018 |
| Netherlands (%) | -1.4 Jun 2025 | quarterly | Dec 1999 - Jun 2025 |
| New Zealand (%) | -1.0 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Nigeria (%) | -4.0 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Norway (%) | 12.8 Jun 2025 | quarterly | Dec 2002 - Jun 2025 |
| Oman (%) | 2.3 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
| Pakistan (%) | -2.6 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 1.2 2024 | yearly | 2010 - 2024 |
| Panama (%) | -6.6 2024 | yearly | 2003 - 2024 |
| Paraguay (%) | -0.5 Sep 2025 | quarterly | Dec 2003 - Sep 2025 |
| Peru (%) | -2.4 Dec 2025 | quarterly | Dec 1990 - Dec 2025 |
| Philippines (%) | -5.6 Dec 2025 | quarterly | Dec 1985 - Dec 2025 |
| Poland (%) | -6.5 2024 | yearly | 1995 - 2024 |
| Portugal (%) | 0.4 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Qatar (%) | -0.7 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
| Romania (%) | -8.5 Sep 2025 | quarterly | Dec 2004 - Sep 2025 |
| Russia (%) | -4.4 Sep 2025 | quarterly | Dec 1993 - Sep 2025 |
| Saudi Arabia (%) | -2.8 2024 | yearly | 1969 - 2024 |
| Serbia (%) | -2.4 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Singapore (%) | 3.0 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Slovakia (%) | -6.2 2020 | yearly | 1995 - 2020 |
| Slovenia (%) | -2.5 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| South Africa (%) | -4.1 Sep 2025 | quarterly | Dec 1990 - Sep 2025 |
| Spain (%) | -2.9 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Sri Lanka (%) | -4.7 Sep 2025 | quarterly | Dec 2014 - Sep 2025 |
| Sudan (%) | -0.6 2021 | yearly | 2001 - 2021 |
| Sweden (%) | -1.6 2024 | yearly | 1995 - 2024 |
| Switzerland (%) | 0.5 2025 | yearly | 1990 - 2025 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.1 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | -5,205.211 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Tax Revenue (USD mn) | 27,373.867 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Tax Revenue: % of GDP (%) | 17.8 Dec 2025 | quarterly | Mar 2006 - Dec 2025 |
| National Government Debt (USD mn) | 298,427.1 2024 | yearly | 2001 - 2024 |
| Government Debt: % of GDP (%) | 24.5 Sep 2025 | quarterly | Dec 2001 - Sep 2025 |
| Forecast: Government Expenditure (TRY bn) | 54,988.117 2030 | yearly | 2000 - 2030 |
| Forecast: Government Net Debt (TRY bn) | 43,869.538 2030 | yearly | 2000 - 2030 |
| Forecast: Government Revenue (TRY bn) | 49,153.935 2030 | yearly | 2000 - 2030 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 393,909,181.548 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 16,930,046.022 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 1,624,177,604.566 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: ytd: Revenue (TRY th) | 1,399,565,964.814 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 574,316,377.139 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: ytd: Balance (TRY th) | -224,611,639.751 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: ytd: Revenue: Tax (TRY th) | 1,181,218,097.968 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: Revenue (TRY mn) | 1,365,011.300 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| General Budget: Expenditure (TRY mn) | 1,611,197.770 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| General Budget: Cash Balance (TRY mn) | -246,186.470 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| 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) | -9,122.7 Oct 2025 | monthly | Jan 2013 - Oct 2025 |
| Total Exports (USD mn) | 14,265.9 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Exports Growth (%) | 2.2 Oct 2025 | monthly | Jan 2014 - Oct 2025 |
| Aluminum: Exports (USD th) | 3,851,910.706 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 1,409,898.365 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 907,071.763 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 17,684.5 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Imports Growth (%) | 6.6 Oct 2025 | monthly | Jan 2014 - Oct 2025 |
| Imports: Medicament (USD th) | 2,648,171.753 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 3,230,287.747 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 1,564.143 Dec 2025 | monthly | Apr 1964 - Dec 2025 |
| Total Imports from USA (USD mn) | 1,811.687 Jan 2026 | monthly | Apr 1964 - Jan 2026 |
| Total Exports to China (USD mn) | 335.580 Jan 2026 | monthly | Jan 2013 - Jan 2026 |
| Total Imports from China (USD mn) | 4,283.284 Jan 2026 | monthly | Sep 1992 - Jan 2026 |
| 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 (%) | 2.6 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Household Debt: % of GDP (%) | 10.3 Sep 2025 | quarterly | Dec 2014 - Sep 2025 |
| Non-Performing Loans (USD mn) | 14,516.919 Jan 2026 | monthly | Dec 2002 - Jan 2026 |
| Money Supply M1 (USD mn) | 233,988.129 Dec 2025 | monthly | Dec 1963 - Dec 2025 |
| Money Supply M2 (USD mn) | 576,653.572 Dec 2025 | monthly | Dec 1976 - Dec 2025 |
| M2 Growth (%) | 42.7 Jan 2026 | monthly | Dec 1977 - Jan 2026 |
| Reserve Requirement Ratio (%) | 8.0 Jan 2026 | monthly | Jan 2011 - Jan 2026 |
| Foreign Exchange Reserves (USD mn) | 76,617.0 Jan 2026 | monthly | Apr 2000 - Jan 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 4.023 Dec 2025 | quarterly | Jun 2000 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.7 Jan 2026 | monthly | Apr 2000 - Jan 2026 |
| Gold Reserves (USD mn) | 112,385.000 Dec 2025 | monthly | Dec 1956 - Dec 2025 |
| Total Deposits (USD mn) | 641,403.884 Jan 2026 | monthly | Dec 2002 - Jan 2026 |
| Total Deposits Growth (%) | 46.1 Jan 2026 | monthly | Dec 2003 - Jan 2026 |
| Domestic Credit (USD mn) | 638,707.6 Jan 2026 | monthly | Jan 1986 - Jan 2026 |
| Domestic Credit Growth (%) | 31.6 Jan 2026 | monthly | Jan 1987 - Jan 2026 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 31.400 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Credit to Households (USD bn) | 127.748 Jun 2025 | quarterly | Mar 1986 - Jun 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 646.711 Jun 2025 | quarterly | Mar 1986 - Jun 2025 |
| Household Debt (USD mn) | 131,353.8 Jan 2026 | monthly | Jan 1986 - Jan 2026 |
| Total Loans (USD mn) | 440,332.033 Dec 2025 | monthly | Jan 1986 - Dec 2025 |
| Total Loans Growth (%) | 43.08 Jan 2026 | monthly | Jan 1987 - Jan 2026 |
| Private Debt: % of Nominal GDP (%) | 28.13 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Money Supply: M3 (TRY th) | 27,119,545,405.000 Dec 2025 | monthly | Dec 2005 - Dec 2025 |
| Consumer Loans: BS: Loan: Housing (TRY mn) | 691,342.699 Jan 2026 | monthly | Dec 2002 - Jan 2026 |
| Consumer Loans: Banking Sector (BS): Loan (TRY mn) | 2,988,457.943 Jan 2026 | monthly | Dec 2002 - Jan 2026 |
| Consumer Loans: BS: Non Performing (TRY mn) | 125,438.628 Jan 2026 | monthly | Dec 2002 - Jan 2026 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 2.565 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 1.3 Feb 2026 | monthly | Jan 2008 - Feb 2026 |
| Composite Leading Indicator Index: Trend Restored (NA) | 407.640 Jan 2026 | monthly | Dec 1987 - Jan 2026 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 104.100 Feb 2026 | monthly | Jan 2007 - Feb 2026 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 115.912 Feb 2026 | monthly | Jan 2011 - Feb 2026 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 113.793 Feb 2026 | monthly | Jan 2011 - Feb 2026 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 83.910 Feb 2026 | monthly | Jan 2011 - Feb 2026 |
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