The ratio of government expenditure to GDP in Turkey was forecast to decrease between 2024 and 2029 by in total 2.6 percentage points. This overall decrease does not happen continuously, notably not in 2027 and 2028. While the ratio was increasing earlier, it deteriorated and the ratio was forecast to reach 32.83 percent in 2029. Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Albania, Montenegro and Serbia.
Turkey: Ratio of government expenditure in relation to gross domestic product (GDP) from 2020 to 2029
Characteristic
Budgetary balance in relation to the gross domestic product
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IMF. (April 22, 2024). Turkey: Ratio of government expenditure in relation to gross domestic product (GDP) from 2020 to 2029 [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/255680/ratio-of-government-expenditure-to-gdp-in-turkey/
IMF. "Turkey: Ratio of government expenditure in relation to gross domestic product (GDP) from 2020 to 2029." Chart. April 22, 2024. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/255680/ratio-of-government-expenditure-to-gdp-in-turkey/
IMF. (2024). Turkey: Ratio of government expenditure in relation to gross domestic product (GDP) from 2020 to 2029. Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/255680/ratio-of-government-expenditure-to-gdp-in-turkey/
IMF. "Turkey: Ratio of Government Expenditure in Relation to Gross Domestic Product (Gdp) from 2020 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/255680/ratio-of-government-expenditure-to-gdp-in-turkey/
IMF, Turkey: Ratio of government expenditure in relation to gross domestic product (GDP) from 2020 to 2029 Statista, https://www.statista.com/statistics/255680/ratio-of-government-expenditure-to-gdp-in-turkey/ (last visited September 20, 2024)
Turkey: Ratio of government expenditure in relation to gross domestic product (GDP) from 2020 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/255680/ratio-of-government-expenditure-to-gdp-in-turkey/