Türkiye Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Türkiye's budget deficit was -3.69% in 2025, ranked 121st globally. This represents a 19.3% increase from 2024. Data from IMF WEO, covering 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.
Turkey’s general government budget deficit has narrowed sharply from an all‑time trough of –11.64 % of GDP in 2001 to a modest –0.22 % in 2006, before widening again to –8.36 % in 2000 and settling at –3.69 % in 2025, placing it 121st globally. The 2025 figure is closely aligned with peers such as Yemen (–3.66 %), Cambodia (–3.70 %) and Saudi Arabia (–3.65 %). Over the 26‑year coverage period the deficit has oscillated around the low‑single‑digit range, reflecting periods of fiscal consolidation and expansion driven by macro‑stabilisation programmes, external shocks and fluctuating oil revenues. The recent modest deficit suggests a return to tighter fiscal discipline after the pandemic‑induced stimulus, yet the trajectory remains vulnerable to exchange‑rate pressures and geopolitical risks. Continued structural reforms and a sustainable primary balance would be required to keep the deficit on a downward path and prevent a reversal toward the deeper deficits of the early 2000s.
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 |
Detected Pattern
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
Türkiye's budget deficit was -3.69% in 2025. Ranked 121st globally. This represents a 19.3% increase from the previous year.
Türkiye's budget deficit peaked at -0.22% in 2006.
The lowest budget deficit in Türkiye was -11.64% in 2001.
Türkiye ranks 121st globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Türkiye's budget deficit is projected to reach -3.69% by 2025 based on IMF projection.
The budget deficit of Türkiye in 2025 was -3.69%. This ranks 121st in the world.
Cite this page
@misc{historysaid_turkiye_budget-deficit,
title = {Türkiye Budget Deficit},
url = {https://historysaid.com/turkiye/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}