Net lending (+) / net borrowing (-) in Turkey
Turkey: Net lending (+) / net borrowing (-) was -1.32 trillion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Turkey, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net lending (+) / net borrowing (-) in Turkey stood at -1.32 trillion current LCU. That is the lowest value across all 43 years on record.
The figure is down 13.3% on the previous year and down 23,852.1% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Turkey peaked at 8.85 billion current LCU in 2015 and was at its lowest, -1.32 trillion current LCU, in 2024.
That places Turkey 132nd out of 156 countries with data for 2024, putting it in the bottom 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 | -27,725 current LCU | -113,300 current LCU | -3,900 current LCU | 8 |
| 1980s | -2.16 million current LCU | -7.47 million current LCU | -80,400 current LCU | 9 |
| 1990s | -924.80 million current LCU | -4.11 billion current LCU | -11.74 million current LCU | 9 |
| 2000s | -34.88 billion current LCU | -51.38 billion current LCU | -18.38 billion current LCU | 2 |
| 2010s | -38.93 billion current LCU | -172.76 billion current LCU | 8.85 billion current LCU | 10 |
| 2020s | -652.21 billion current LCU | -1.32 trillion current LCU | -94.15 billion current LCU | 5 |
Countries ranked near Turkey
- 129 Burkina Faso -758.19 billion current LCU compare
- 130 Senegal -920.57 billion current LCU compare
- 131 Bangladesh -996.26 billion current LCU compare
- 133 Angola -1.35 trillion current LCU compare
- 134 Ukraine -1.36 trillion current LCU compare
- 135 Kazakhstan -1.37 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 net lending (+) / net borrowing (-) in Turkey?
- Net lending (+) / net borrowing (-) in Turkey was -1.32 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Turkey?
- The highest recorded value was 8.85 billion current LCU in 2015.
- What is the lowest net lending (+) / net borrowing (-) recorded in Turkey?
- The lowest recorded value was -1.32 trillion current LCU in 2024.
- How does Turkey rank for net lending (+) / net borrowing (-)?
- Turkey ranks 132nd out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Turkey?
- Over the last ten years it is down 23,852.1%. 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 Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.