Türkiye: public finances

What is Turkey's budget deficit?

Turkey's central government budget deficit was TRY 1.31 trillion in January to August 2026, against TRY 907.6 billion in the same period of 2025, according to the Ministry of Treasury and Finance. Spending was TRY 12.16 trillion and revenue TRY 10.85 trillion. In August alone the budget had a surplus of TRY 12.9 billion. The 2026 budget plans a full-year deficit of TRY 2.71 trillion.

Excluding interest payments, the budget had a primary surplus of TRY 680 billion in January to August. The central government budget covers ministries and agencies; the wider general government deficit, including social security and local government, was 0.9% of GDP in 2025, TurkStat reports.

Official sources: Ministry of Treasury and Finance: August 2026 budget report (in Turkish) · TurkStat: Government Accounts, 2025

How much tax does Turkey collect?

Turkey's central government collected TRY 9.33 trillion in tax revenue in January to August 2026, 35.7% more than a year earlier, according to the Ministry of Treasury and Finance. That was 67.4% of the TRY 13.83 trillion forecast for 2026. Tax revenue in August alone was TRY 1.47 trillion, up 28.1%.

The rises are in nominal lira, so they include the effect of inflation, which was 29.73% in September. Taxes are collected by the Revenue Administration. Across general government, taxes on production and imports made up 44.5% of tax and social contribution receipts in 2025, TurkStat reports.

Official sources: Ministry of Treasury and Finance: August 2026 budget report (in Turkish) · Revenue Administration (GİB)

How much does the Turkish government spend?

Turkey's central government spent TRY 12.16 trillion in January to August 2026, 36.8% more than a year earlier, according to the Ministry of Treasury and Finance. That was 64.1% of the TRY 18.98 trillion budgeted for 2026. Personnel spending was TRY 3.39 trillion, up 42.7%. General government spending was 34.8% of GDP in 2025, TurkStat reports.

The central government budget includes ministries and most public agencies. The general government figure also covers social security funds and local government. Nominal rises reflect inflation as well as higher real spending.

Official sources: Ministry of Treasury and Finance: August 2026 budget report (in Turkish) · TurkStat: Government Accounts, 2025

How much does Turkey pay in interest on its debt?

Turkey's central government paid TRY 1.99 trillion in interest in January to August 2026, 39.4% more than a year earlier, according to the Ministry of Treasury and Finance. That was 72.5% of the TRY 2.74 trillion budgeted for interest in 2026, and 16.3% of total central government spending in the period.

Interest payments rise with the size of the debt and with interest rates. Without interest, the budget had a surplus of TRY 680 billion in January to August, against an overall deficit of TRY 1.31 trillion.

Official sources: Ministry of Treasury and Finance: August 2026 budget report (in Turkish)

What is Turkey's general government deficit?

Turkey's general government deficit was TRY 600.4 billion, or 0.9% of GDP, in 2025, down from 3.4% of GDP in 2024, according to TurkStat. Social security funds and local government had surpluses, while central government ran a deficit. General government revenue was TRY 21.43 trillion (33.9% of GDP) and spending TRY 22.03 trillion (34.8%).

General government covers central government, local government and social security funds, and is the measure used for international comparison. Its consolidated gross debt was 23.7% of GDP at the end of 2025. TurkStat's next release is due on 15 September 2027.

Official sources: TurkStat: Government Accounts, 2025

What is Türkiye's national debt?

The latest figure from the IMF, for 2025, is 23.7% of GDP. Since 2005 it has ranged from 23.6% of GDP (2024) to 50.2% of GDP (2005). Europe & Central Asia median: 46.9% of GDP; Türkiye is 46th highest of 51. World rank, highest first: 168th of 185.

Does Türkiye's government borrow more than it raises?

The IMF puts general government net lending or borrowing in Türkiye at -2.8% of GDP in 2025, a deficit. The peak was -0.2% of GDP in 2006 and the low -5.6% of GDP in 2023. It is 30th highest of 51 in Europe & Central Asia, where the median is -2.4% of GDP. World rank, highest first: 96th of 188.

What is Türkiye's government revenue?

In 2025, general government revenue in Türkiye was 29.5% of GDP, according to the IMF. Its high point since 2005 was 2006, at 33.2% of GDP; its low point was 2022, at 25.7% of GDP. Across Europe & Central Asia the middle value was 41.3% of GDP, and Türkiye placed 42nd highest of 50. Worldwide: 76th of 187.

What is Türkiye's government spending?

The IMF puts general government spending in Türkiye at 32.3% of GDP in 2025. Its high point since 2005 was 2009, at 37.0% of GDP; its low point was 2022, at 27.1% of GDP. Across Europe & Central Asia the middle value was 43.3% of GDP, and Türkiye placed 40th highest of 50. World rank, highest first: 82nd of 186.

What is tax revenue in Türkiye?

The latest figure from the IMF, for 2024, is 17.6% of GDP. Its high point since 2008 was 2010, at 18.8% of GDP; its low point was 2019, at 16.5% of GDP. It is 32nd highest of 42 in Europe & Central Asia, where the median is 20.8% of GDP. World rank, highest first: 50th of 92.

What is Türkiye's military budget as a share of GDP?

The latest figure from SIPRI, for 2025, is 1.9% of GDP. Since 2005 it has ranged from 1.6% of GDP (2022) to 2.6% of GDP (2019). It is 30th highest of 46 in Europe & Central Asia, where the median is 2.0% of GDP. Of 149 countries with 2025 data, 65th highest.