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Türkiye Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-3.69% +0.88% (+19.3%)
Year 2025 Rank #121 Global Peak -0.22% (2006) Source IMF WEO

Türkiye Budget Deficit (2000–2025)

Overview

Türkiye's budget deficit stood at -3.69% in 2025, a rise of +0.88% from 2024. The IMF projects -3.69% by 2025. Türkiye ranked 121st globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -3.44% - -
2029* IMF -3.64% - -
2028* IMF -3.82% - -
2027* IMF -4.04% - -
2026* IMF -3.77% - -
2025* IMF -3.69% - -
2025 -3.69% +0.88% #121
2024 -4.57% +0.65% #52
2023 -5.22% −4.12% #41
2022 -1.10% +1.88% #125
2021 -2.98% +1.66% #115
2020 -4.64% +0.05% #120
2019 -4.69% −1.59% #38
2018 -3.10% −1.23% #56
2017 -1.87% −0.19% #106
2016 -1.68% −1.17% #118
2015 -0.51% +0.45% #153
2014 -0.96% +0.24% #136
2013 -1.21% +0.57% #129
2012 -1.78% −1.43% #110
2011 -0.35% +2.64% #140
Show all years (2000-2025)
* IMF World Economic Outlook projection

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 12.3% GDP growth 1.8% Unemployment 13.1%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Türkiye matched the Stagflation Risk pattern in 2020. Historically, 38% of countries showing this pattern (117 out of 307) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Türkiye's budget deficit?

Türkiye's budget deficit was -3.69% in 2025. Ranked 121st globally. This represents a 19.3% increase from the previous year.

What was the highest budget deficit in Türkiye?

Türkiye's budget deficit peaked at -0.22% in 2006.

What was the lowest budget deficit in Türkiye?

The lowest budget deficit in Türkiye was -11.64% in 2001.

How does Türkiye rank in budget deficit?

Türkiye ranks 121st globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Türkiye in 2025?

Türkiye's budget deficit is projected to reach -3.69% by 2025 based on IMF projection.

What is the budget deficit of Türkiye in 2025?

The budget deficit of Türkiye in 2025 was -3.69%. This ranks 121st in the world.

Cite this page

APA
Türkiye Budget Deficit. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/t-rkiye/budget-deficit
BibTeX
@misc{historysaid_t-rkiye_budget-deficit, title = {Türkiye Budget Deficit}, url = {https://historysaid.com/t-rkiye/budget-deficit}, publisher = {HistorySaid}, year = {2026} }