Expense in Turkey
Turkey: Expense was 8.95 trillion current LCU in 2023. ◆ Volatile
Expense in Turkey, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, expense in Turkey stood at 8.95 trillion current LCU. That is the highest value across all 42 years on record.
That represents a change of up 100.9% on the previous year and up 1,585.0% over ten years.
Over the whole period, expense in Turkey peaked at 8.95 trillion current LCU in 2023 and was at its lowest, 43,100 current LCU, in 1972.
That places Turkey 25th out of 157 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 163,625 current LCU | 43,100 current LCU | 520,100 current LCU | 8 |
| 1980s | 9.42 million current LCU | 954,100 current LCU | 34.06 million current LCU | 9 |
| 1990s | 3.41 billion current LCU | 60.12 million current LCU | 15.72 billion current LCU | 9 |
| 2000s | 331.09 billion current LCU | 304.24 billion current LCU | 357.94 billion current LCU | 2 |
| 2010s | 768.85 billion current LCU | 383.88 billion current LCU | 1.54 trillion current LCU | 10 |
| 2020s | 4.34 trillion current LCU | 1.72 trillion current LCU | 8.95 trillion current LCU | 4 |
Countries ranked near Turkey
- 22 Myanmar 15.52 trillion current LCU compare
- 23 Mongolia 13.81 trillion current LCU compare
- 24 Costa Rica 13.60 trillion current LCU compare
- 26 Cote d'Ivoire 8.76 trillion current LCU compare
- 27 Madagascar 7.84 trillion current LCU compare
- 28 Mexico 7.16 trillion current LCU compare
More public sector data for Turkey
- Arms imports 381.00 million SIPRI trend indicator values (2024)
- Tax revenue 17.6% (2024)
- Taxes on income, profits and capital gains 17.7% (2024)
- Taxes on goods and services 35.0% (2024)
- Net investment in nonfinancial assets 2.6% (2024)
- Net lending (+) / net borrowing (-) -3.0% (2024)
- Interest payments 11.7% (2024)
- Grants and other revenue 21.5% (2024)
- Interest payments 11.0% (2023)
- Other taxes 1.2% (2024)
Frequently asked questions
- What is expense in Turkey?
- Expense in Turkey was 8.95 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Turkey?
- The highest recorded value was 8.95 trillion current LCU in 2023.
- What is the lowest expense recorded in Turkey?
- The lowest recorded value was 43,100 current LCU in 1972.
- How does Turkey rank for expense?
- Turkey ranks 25th out of 157 countries with data for 2023.
- Is expense rising or falling in Turkey?
- Over the last ten years it is up 1,585.0%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.