Turkey General Government Structural Balance (% Potential GDP) Statistics

22, Mar 2019, EDT.

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Country or Region: Turkey › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Turkey indicators, › See General Government Structural Balance (% Potential GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: New Turkish Lira
Currency Symbol: TRY

Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude. See notes for: General government structural balance (National currency).

General Government Structural Balance (% Potential GDP) Statistics for Turkey , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Turkey in year 2015 is -1.254 %. Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

This makes Turkey No. 24 in world rankings according to General Government Structural Balance (% Potential GDP) in year 2015. The world's average General Government Structural Balance (% Potential GDP) value is -0.89 %; Turkey is 0.36 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Turkey was -1.52 % General Government Structural Balance (% Potential GDP) for Turkey in 2015 was or will be 17.23% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Turkey was or will be -1.99 %, which is 58.93% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Turkey, in other Years
Year %
  2021 -1.575
  2020 -1.353
  2019 -1.244
  2018 -1.281
  2017 -1.438
  2016 -1.993
2015 -1.254
  2014 -1.515
  2013 -2.822
  2012 -3.553
  2011 -2.702
  2010 -3.007
  2009 -3.315
  2008 -4.028
  2007 -3.911
  2006 -3.563
  2005 -1.581
  2004 -4.269
  2003 -8.919
  2002 -12.729
  2001 -9.786
  2000 -9.369
  1999 n/a
  1998 n/a
  1997 n/a
  1996 n/a
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a