Expense in Turkey

Turkey: Expense was 33.0% in 2023. ▲ Rising

Latest (2023)
33.0%
Change on year
up 13.6%
World rank
50th
of 157 countries
All-time high
35.3%
in 2009
All-time low
12.3%
in 1974
Years of data
42
1972–2023

Expense in Turkey, 1972–2023

1015202530351972199720231972: 14.9 % of GDP1973: 15.1 % of GDP1974: 12.3 % of GDP1975: 14.2 % of GDP1976: 14.1 % of GDP1977: 15.9 % of GDP1978: 16.1 % of GDP1979: 18.7 % of GDP1980: 18.2 % of GDP1981: 15.7 % of GDP1983: 16.8 % of GDP1984: 17.5 % of GDP1985: 16.7 % of GDP1986: 13.7 % of GDP1987: 14.4 % of GDP1988: 14.4 % of GDP1989: 15 % of GDP1990: 15.3 % of GDP1991: 19.2 % of GDP1992: 18.9 % of GDP1993: 22.9 % of GDP1994: 21.9 % of GDP1995: 15.1 % of GDP1996: 18.2 % of GDP1997: 19.8 % of GDP1998: 21.8 % of GDP2008: 30.1 % of GDP2009: 35.3 % of GDP2010: 32.6 % of GDP2011: 30.1 % of GDP2012: 29.4 % of GDP2013: 29 % of GDP2014: 29.3 % of GDP2015: 28.8 % of GDP2016: 30.6 % of GDP2017: 31.6 % of GDP2018: 33.1 % of GDP2019: 34.9 % of GDP2020: 33.5 % of GDP2021: 30.2 % of GDP2022: 29.1 % of GDP2023: 33 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for expense in Turkey is 33.0%, measured in 2023.

The figure is up 13.6% on the previous year and up 13.9% over ten years.

Over the whole period, expense in Turkey peaked at 35.3% in 2009 and was at its lowest, 12.3%, in 1974.

Turkey ranks 50th of 157 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 42 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.2% 12.3% 18.7% 8
1980s 15.8% 13.7% 18.2% 9
1990s 19.3% 15.1% 22.9% 9
2000s 32.7% 30.1% 35.3% 2
2010s 31.0% 28.8% 34.9% 10
2020s 31.4% 29.1% 33.5% 4

Countries ranked near Turkey

  1. 47 Denmark 33.3% compare
  2. 48 Trinidad and Tobago 33.3% compare
  3. 49 Colombia 33.3% compare
  4. 51 Sweden 32.5% compare
  5. 52 Brazil 32.4% compare
  6. 53 Iceland 32.0% compare

See the full ranking of 183 places →

More economy & growth data for Turkey

All data for Turkey →

Frequently asked questions

What is expense in Turkey?
Expense in Turkey was 33.0% 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 35.3% in 2009.
What is the lowest expense recorded in Turkey?
The lowest recorded value was 12.3% in 1974.
How does Turkey rank for expense?
Turkey ranks 50th out of 157 countries with data for 2023.
Is expense rising or falling in Turkey?
Over the last ten years it is up 13.9%. The long-run trend across the full record is rising.
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 (% of GDP). 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

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.