Ratio of government expenditure in relation to gross domestic product (GDP) in Turkey
The ratio of government expenditure to GDP in Turkey was forecast to decrease between 2024 and 2029 by in total 2.4 percentage points. This overall decrease does not happen continuously, notably not in 2027. While the ratio was increasing earlier, it deteriorated and the ratio was forecast to reach 31.9 percent in 2029.
This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting 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.
This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting 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.
