Budget balance — all countries

Budget balance — Türkiye

Budget balance in Türkiye in 2031 — -2.7%. Ranked 105 in the world out of 188. Since 2000, the indicator has risen by 5.7 pp.

2031 -2.7% +0.1 pp vs 2030
World rank 105of 188
Period maximum -0.2%2006
Period minimum -11.6%2001

Trend over time

2000–2031 · % of GDP

Budget balance — Türkiye, 2000–2031-15-10-502000200420082012201620202024202820312000: -8.4%2001: -11.6%2002: -11.3%2003: -7.6%2004: -4.1%2005: -0.7%2006: -0.2%2007: -1.4%2008: -2.1%2009: -5.1%2010: -3%2011: -0.4%2012: -1.8%2013: -1.2%2014: -1%2015: -0.5%2016: -1.7%2017: -1.9%2018: -3.1%2019: -4.7%2020: -4.6%2021: -3%2022: -1.1%2023: -5.2%2024: -4.5%2025: -2.8%2026: -3.4%2027: -3.7%2028: -3.5%2029: -2.9%2030: -2.8%2031: -2.7%
Change over the period: +5.7 pp Annual average: 0.18 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Türkiye

Türkiye -2.7%
World computed -4.85%
Europe & Central Asia computed -2.49%
Western Asia computed -1.19%
Budget balance — Türkiye, by year Türkiye All countries CSV XLSX
Year % Change, pp
2031 -2.7 +0.1 pp
2030 -2.8 +0.1 pp
2029 -2.9 +0.6 pp
2028 -3.5 +0.2 pp
2027 -3.7 −0.3 pp
2026 -3.4 −0.6 pp
2025 -2.8 +1.7 pp
2024 -4.5 +0.7 pp
2023 -5.2 −4.1 pp
2022 -1.1 +1.9 pp
2021 -3 +1.6 pp
2020 -4.6 +0.1 pp
2019 -4.7 −1.6 pp
2018 -3.1 −1.2 pp
2017 -1.9 −0.2 pp
2016 -1.7 −1.2 pp
2015 -0.5 +0.5 pp
2014 -1 +0.2 pp
2013 -1.2 +0.6 pp
2012 -1.8 −1.4 pp
2011 -0.4 +2.6 pp
2010 -3 +2.1 pp
2009 -5.1 −3 pp
2008 -2.1 −0.7 pp
2007 -1.4 −1.2 pp
2006 -0.2 +0.5 pp
2005 -0.7 +3.4 pp
2004 -4.1 +3.5 pp
2003 -7.6 +3.7 pp
2002 -11.3 +0.3 pp
2001 -11.6 −3.2 pp
2000 -8.4

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.