Turkey Consolidated Fiscal Balance: % of GDP
2006 - 2023 | Quarterly | % | CEIC Data
Key information about Turkey Consolidated Fiscal Balance: % of GDP
- Turkey Consolidated Fiscal Balance recorded a deficit equal to 3.8 % of its Nominal GDP in Jun 2023, compared with a deficit equal to 2.6 % in the previous quarter
- Turkey Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2006 to Jun 2023, with an average ratio of -1.7 %
- The data reached an all-time high of -0.6 % in Sep 2008 and a record low of -5.4 % in Sep 2009
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 Jun 2023 in the chart:
What was Turkey's Consolidated Fiscal Balance: % of GDP in Jun 2023?
Turkey Consolidated Fiscal Balance recorded a deficit equal to 3.8 % of its Nominal GDP in Jun 2023, compared with a deficit equal to 2.6 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -3.8 Jun 2023 | -2.6 Mar 2023 | -5.4 Sep 2009 | -0.6 Sep 2008 | % | quarterly | Dec 2006 - Jun 2023 |
Consolidated Fiscal Balance: % of GDP by Country Comparison
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Includes Consolidated Fiscal Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -3.7 2022 | yearly | 1997 - 2022 |
| Algeria (%) | -7.3 2021 | yearly | 1994 - 2021 |
| Argentina (%) | -4.3 Jun 2023 | quarterly | Dec 2004 - Jun 2023 |
| Armenia (%) | -1.4 Jun 2023 | quarterly | Dec 2002 - Jun 2023 |
| Australia (%) | -0.9 Jun 2023 | quarterly | Jun 2003 - Jun 2023 |
| Austria (%) | -3.4 Mar 2023 | quarterly | Dec 2001 - Mar 2023 |
| Azerbaijan (%) | 0.4 Jun 2021 | monthly | Dec 2004 - Jun 2021 |
| Bahrain (%) | -7.0 2021 | yearly | 1998 - 2021 |
| Bangladesh (%) | -5.1 2022 | yearly | 2006 - 2022 |
| Belarus (%) | -0.4 Sep 2021 | quarterly | Sep 2006 - Sep 2021 |
| Belgium (%) | -3.9 2022 | yearly | 1970 - 2022 |
| Bolivia (%) | -8.5 2021 | yearly | 1990 - 2021 |
| Bosnia and Herzegovina (%) | 5.0 Dec 2022 | quarterly | Dec 2008 - Dec 2022 |
| Botswana (%) | 0.8 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Brazil (%) | -5.1 Jun 2023 | quarterly | Dec 1997 - Jun 2023 |
| Brunei (%) | 1.3 2022 | yearly | 2010 - 2022 |
| Bulgaria (%) | -1.3 Jun 2023 | quarterly | Sep 2003 - Jun 2023 |
| Cambodia (%) | -0.2 2022 | yearly | 2007 - 2022 |
| Canada (%) | -1.7 Jun 2023 | quarterly | Jun 1993 - Jun 2023 |
| Chile (%) | 1.4 2022 | yearly | 1990 - 2022 |
| China (%) | -3.9 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
| Colombia (%) | -2.6 Dec 2022 | quarterly | Dec 2000 - Dec 2022 |
| Croatia (%) | -2.6 2021 | yearly | 2002 - 2021 |
| Cyprus (%) | 2.4 Mar 2023 | quarterly | Dec 1995 - Mar 2023 |
| Czech Republic (%) | -4.0 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| Denmark (%) | 3.3 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| Ecuador (%) | -0.6 Mar 2023 | quarterly | Dec 2000 - Mar 2023 |
| Estonia (%) | -1.2 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| European Union (%) | -3.4 2022 | yearly | 1995 - 2022 |
| Finland (%) | -1.5 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| France (%) | -5.0 Jun 2023 | quarterly | Dec 1949 - Jun 2023 |
| Georgia (%) | -2.0 Jun 2023 | quarterly | Dec 2006 - Jun 2023 |
| Germany (%) | -3.4 Jun 2023 | quarterly | Dec 1991 - Jun 2023 |
| Ghana (%) | -8.9 Jun 2022 | quarterly | Dec 2008 - Jun 2022 |
| Greece (%) | -1.3 Dec 2018 | monthly | Apr 1999 - Dec 2018 |
| Hong Kong SAR, China (%) | -6.6 Mar 2023 | quarterly | Sep 1999 - Mar 2023 |
| Hungary (%) | -7.9 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| Iceland (%) | -1.5 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| India (%) | -6.6 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Indonesia (%) | -1.9 Jun 2023 | quarterly | Dec 2014 - Jun 2023 |
| Iran (%) | -4.8 Mar 2019 | quarterly | Mar 2006 - Mar 2019 |
| Ireland (%) | 2.0 Mar 2023 | quarterly | Dec 2000 - Mar 2023 |
| Israel (%) | -0.8 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Italy (%) | -8.2 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| Ivory Coast (%) | -5.9 2022 | yearly | 1960 - 2022 |
| Japan (%) | -6.2 2024 | yearly | 1996 - 2024 |
| Jordan (%) | 1.0 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | -3.5 Jun 2023 | quarterly | Dec 2008 - Jun 2023 |
| Kenya (%) | -2.1 Mar 2023 | quarterly | Dec 2009 - Mar 2023 |
| South Korea (%) | -2.1 Jun 2023 | quarterly | Jun 2000 - Jun 2023 |
| Kosovo (%) | 0.5 Mar 2023 | quarterly | Dec 2010 - Mar 2023 |
| Kuwait (%) | -26.4 2019 | yearly | 1988 - 2019 |
| Kyrgyzstan (%) | 1.2 Jun 2023 | monthly | Jan 2007 - Jun 2023 |
| Laos (%) | -0.3 2022 | yearly | 2012 - 2022 |
| Latvia (%) | -4.1 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| Lebanon (%) | -4.3 2020 | yearly | 1992 - 2020 |
| Lithuania (%) | -1.2 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| Luxembourg (%) | 0.2 2022 | yearly | 1995 - 2022 |
| Macau SAR, China (%) | -12.5 Sep 2021 | quarterly | Dec 2003 - Sep 2021 |
| North Macedonia (%) | -4.5 2022 | yearly | 1993 - 2022 |
| Malawi (%) | -0.4 Jun 2023 | monthly | Apr 2005 - Jun 2023 |
| Malaysia (%) | -4.3 2021 | yearly | 1970 - 2021 |
| Malta (%) | -4.8 Mar 2023 | quarterly | Dec 2000 - Mar 2023 |
| Mauritius (%) | -5.1 Mar 2023 | quarterly | Dec 2010 - Mar 2023 |
| Mexico (%) | -3.8 Jun 2023 | quarterly | Dec 1980 - Jun 2023 |
| Moldova (%) | -3.3 2022 | yearly | 1998 - 2022 |
| Mongolia (%) | 2.3 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
| Montenegro (%) | -2.8 Mar 2023 | quarterly | Dec 2012 - Mar 2023 |
| Morocco (%) | -11.8 2022 | yearly | 1980 - 2022 |
| 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 (%) | 0.7 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| Nigeria (%) | -2.6 Mar 2023 | quarterly | Dec 2010 - Mar 2023 |
| Norway (%) | 25.5 Mar 2023 | quarterly | Dec 2002 - Mar 2023 |
| Oman (%) | 2.6 Jun 2023 | quarterly | Dec 2005 - Jun 2023 |
| Pakistan (%) | -7.9 2022 | yearly | 2000 - 2022 |
| Palestinian Territory (%) | -4.0 2020 | yearly | 2010 - 2020 |
| Panama (%) | -3.9 2022 | yearly | 2003 - 2022 |
| Paraguay (%) | -0.6 Mar 2023 | quarterly | Dec 2003 - Mar 2023 |
| Peru (%) | -2.7 Jun 2023 | quarterly | Dec 1990 - Jun 2023 |
| Philippines (%) | -6.4 Jun 2023 | quarterly | Dec 1985 - Jun 2023 |
| Poland (%) | -3.7 2022 | yearly | 1995 - 2022 |
| Portugal (%) | 0.1 Mar 2023 | quarterly | Sep 1999 - Mar 2023 |
| Qatar (%) | 9.9 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
| Romania (%) | -6.3 Jun 2023 | quarterly | Dec 2004 - Jun 2023 |
| Russia (%) | -4.7 Jun 2023 | quarterly | Dec 1993 - Jun 2023 |
| Saudi Arabia (%) | 2.5 2022 | yearly | 1969 - 2022 |
| Serbia (%) | -2.1 Jun 2023 | quarterly | Dec 2005 - Jun 2023 |
| Singapore (%) | 0.8 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
| Slovakia (%) | -6.2 2020 | yearly | 1995 - 2020 |
| Slovenia (%) | -2.9 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
| South Africa (%) | -5.4 Jun 2023 | quarterly | Dec 1990 - Jun 2023 |
| Spain (%) | -4.4 Mar 2023 | quarterly | Dec 1995 - Mar 2023 |
| Sri Lanka (%) | -10.0 Mar 2023 | quarterly | Dec 2014 - Mar 2023 |
| Sudan (%) | -0.6 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 0.7 2022 | yearly | 1995 - 2022 |
| Switzerland (%) | -0.3 2021 | yearly | 1990 - 2021 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.8 Jun 2023 | quarterly | Dec 2006 - Jun 2023 |
| Consolidated Fiscal Balance (USD mn) | 1,544.405 Jul 2023 | monthly | Jan 2006 - Jul 2023 |
| Tax Revenue (USD mn) | 17,027.412 Jul 2023 | monthly | Jan 2006 - Jul 2023 |
| Tax Revenue: % of GDP (%) | 17.7 Jun 2023 | quarterly | Mar 2006 - Jun 2023 |
| National Government Debt (USD mn) | 254,513.1 2022 | yearly | 2001 - 2022 |
| Government Debt: % of GDP (%) | 31.2 Mar 2023 | quarterly | Dec 2001 - Mar 2023 |
| Forecast: Government Expenditure (TRY bn) | 24,428.271 2028 | yearly | 2000 - 2028 |
| Forecast: Government Net Debt (TRY bn) | 30,483.855 2028 | yearly | 2000 - 2028 |
| Forecast: Government Revenue (TRY bn) | 20,394.518 2028 | yearly | 2000 - 2028 |
| General Budget: Revenue (TRY mn) | 629,670.410 Aug 2023 | monthly | Jan 2005 - Aug 2023 |
| General Budget: Expenditure (TRY mn) | 567,774.550 Aug 2023 | monthly | Jan 2005 - Aug 2023 |
| General Budget: Cash Balance (TRY mn) | 61,908.980 Aug 2023 | monthly | Jan 2005 - Aug 2023 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 2,792,065,815.802 Jul 2023 | monthly | Jan 2006 - Jul 2023 |
| General Budget: ytd: Revenue (TRY th) | 2,336,433,249.862 Jul 2023 | monthly | Jan 2006 - Jul 2023 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 1,326,855,011.348 Jul 2023 | monthly | Jan 2006 - Jul 2023 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 94,893,794.431 Jul 2023 | monthly | Jan 2006 - Jul 2023 |
| General Budget: ytd: Balance (TRY th) | -455,632,565.940 Jul 2023 | monthly | Jan 2006 - Jul 2023 |
| General Budget: ytd: Revenue: Tax (TRY th) | 2,052,627,798.524 Jul 2023 | monthly | Jan 2006 - Jul 2023 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 678,221,397.470 Jul 2023 | monthly | Jan 2006 - Jul 2023 |
| 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) | 5,241,090.145 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 1,290,644.710 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 651,764.672 2022 | yearly | 1995 - 2022 |
| 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) | 2,306,593.258 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,692,489.997 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 1,101.433 Jul 2023 | monthly | Apr 1964 - Jul 2023 |
| Total Imports from USA (USD mn) | 1,602.211 Jul 2023 | monthly | Apr 1964 - Jul 2023 |
| Total Exports to China (USD mn) | 230.084 Jul 2023 | monthly | Jan 2013 - Jul 2023 |
| Total Imports from China (USD mn) | 3,755.512 Jun 2023 | monthly | Sep 1992 - Jun 2023 |
| Trade Balance: USD (USD mn) | -2,136.727 Mar 2019 | monthly | Jan 1969 - Mar 2019 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.6 Jul 2023 | monthly | Jan 2003 - Jul 2023 |
| Household Debt: % of GDP (%) | 11.9 Mar 2023 | quarterly | Dec 2014 - Mar 2023 |
| Non-Performing Loans (USD mn) | 6,291.764 Jul 2023 | monthly | Dec 2002 - Jul 2023 |
| Money Supply M1 (USD mn) | 162,297.620 Jun 2023 | monthly | Dec 1963 - Jun 2023 |
| Money Supply M2 (USD mn) | 426,879.165 Jul 2023 | monthly | Dec 1976 - Jul 2023 |
| M2 Growth (%) | 65.4 Jul 2023 | monthly | Dec 1977 - Jul 2023 |
| Reserve Requirement Ratio (%) | 8.0 Aug 2023 | monthly | Jan 2011 - Aug 2023 |
| Foreign Exchange Reserves (USD mn) | 62,651.0 Jul 2023 | monthly | Apr 2000 - Jul 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 5.917 Jun 2023 | quarterly | Jun 2000 - Jun 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.9 Jul 2023 | monthly | Apr 2000 - Jul 2023 |
| Gold Reserves (USD mn) | 41,427.000 Jul 2023 | monthly | Dec 1956 - Jul 2023 |
| Total Deposits (USD mn) | 461,924.029 Jul 2023 | monthly | Dec 2002 - Jul 2023 |
| Total Deposits Growth (%) | 67.0 Jul 2023 | monthly | Dec 2003 - Jul 2023 |
| Domestic Credit (USD mn) | 494,159.0 Jul 2023 | monthly | Jan 1986 - Jul 2023 |
| Domestic Credit Growth (%) | 64.4 Jul 2023 | monthly | Jan 1987 - Jul 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 12.400 Mar 2023 | quarterly | Mar 2002 - Mar 2023 |
| Credit to Households (USD bn) | 102.497 Mar 2023 | quarterly | Mar 1986 - Mar 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 567.456 Mar 2023 | quarterly | Mar 1986 - Mar 2023 |
| Household Debt (USD mn) | 80,564.3 Jul 2023 | monthly | Jan 1986 - Jul 2023 |
| Total Loans (USD mn) | 315,180.676 Jun 2023 | monthly | Jan 1986 - Jun 2023 |
| Total Loans Growth (%) | 59.54 Jul 2023 | monthly | Jan 1987 - Jul 2023 |
| Private Debt: % of Nominal GDP (%) | 37.91 Mar 2023 | quarterly | Dec 1998 - Mar 2023 |
| Money Supply: M3 (TRY th) | 11,779,794,006.000 Jul 2023 | monthly | Dec 2005 - Jul 2023 |
| Consumer Loans: BS: Non Performing (TRY mn) | 26,407.780 Jul 2023 | monthly | Dec 2002 - Jul 2023 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 1.602 Jul 2023 | monthly | Jan 2003 - Jul 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 3.2 Aug 2023 | monthly | Jan 2008 - Aug 2023 |
| Composite Leading Indicator Index: Trend Restored (NA) | 279.170 Jun 2023 | monthly | Dec 1987 - Jun 2023 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 104.600 Aug 2023 | monthly | Jan 2007 - Aug 2023 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 114.280 Aug 2023 | monthly | Jan 2011 - Aug 2023 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 115.330 Aug 2023 | monthly | Jan 2011 - Aug 2023 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 87.430 Aug 2023 | monthly | Jan 2011 - Aug 2023 |
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
Government Revenue, Expenditure and Finance
IMF Account: Fund Position: Annual
Privatization Revenues
Public Sector Net Debt
Social Security Institution: Ratios
Social Security Institution Revenue and Expenditure: Annual
Treasury Guarantees
Central Government Budget: Expenditure: Ministry of Finance
Central Government Debt: by Interest Type and Maturity
Central Government Debt Payments
Central Government Primary Balance
Defense and Official Development Assistance
Domestic Debt Stock
General Budget Balance and Financing: Treasury: Cash Basis
Government Finance: Operations Statement
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
Treasury Receivables