Government Budget Balance (Local Currency) fell 81.1% to -174 in Turkey in 2018

Government Budget Balance (Local Currency)
Economy | Turkey | March 08, 2019
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Government budget balance reached -174 in 2018 in Turkey, according to the National Statistical Office. This is 81.1 % more than in the previous year.

Historically, government budget balance in Turkey reached an all time high of -0.012 in 1990 and an all time low of -174 in 2018. When compared to Turkey's main peers, government budget balance in Bulgaria amounted to -0.917 and 5.80 in Greece in 2018.

Turkey has been ranked 62nd within the group of 84 countries we follow in terms of government budget balance, 27 places above the position seen 10 years ago.

A government budget deficit is the amount by which government revenues fall short of government spending (the opposite being a budget surplus).

Government Budget Balance (Local Currency) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Albania ... ... ... ... ... ... ... ... ...
Bulgaria 1.06 -0.917 -0.658 -0.111 -0.081
Greece 8.53 5.80 3.27 2.11 1.27
Iran ... ... ... ... ... ... ... ... ...
Iraq ... ... ... ... ... ... ... ... ...
Kuwait ... ... ... ... ... ... ... ... ...
Macedonia ... ... ... ... ... ... ... ... ...
Pakistan ... ... ... ... ... ... ... ... ...
Romania -29.0 -37.0 -37.5 -39.4 -38.6
Saudi Arabia ... ... ... ... ... ... ... ... ...
Serbia 44.3 39.4 -5.41 -16.0 -27.6
Syria ... ... ... ... ... ... ... ... ...
Turkey -96.2 -174 -196 -267 -313
Turkmenistan ... ... ... ... ... ... ... ... ...